Good Riddance to August 2010- Part 1 Bonds for Everyman
The gloom and doomers are still out in force today but facing a little headwind as the market is stable to up helped by home prices and consumer confidence. Apparently the bulls were on vacation this August or frozen from clicking on something to buy except bonds. However the bond bulls rule...
Macro and Trading Rules-Risk Remains Off
Sequel to our Aug 11 post on "End of Summer Rally" If you hedged or exited stock positions on August 11 or a couple of days earlier you would have saved 5% and much more on tech and smaller cap stocks.Since John Chambers of Cisco came on with his cautionary statements on August 11 the stock is...
Successful IPO’s in Genomics Could Ignite Biotech Stocks
The IPO market is setting up for continued investor interest in the biotech sector. Two high profile genomics companies,Complete Genomics and Pacific Biosciences, have filed S-1 Registration Statements with plans to go public in the fourth quarter around the time when market seasonality becomes...
MicroFluidics(MFLU.0B) Update-Reiterate Buy at $0.85
Microfluidics released earnings on Tuesday with good results: $4.5M in Q2 Revenue a 30% increase over the same quarter in 2009. Net Income of $143k compared to a loss of $177k in the same quarter of 2009.($396k before EBITA). Achieved a gross margin of 64%. Began shipping the LV1 low volume...
Summer Rally is Over-Risk is Off
Be thankful for the July rally that brought you 8-10% gains.It is time to protect your portfolio and play defense as market seasonality favors the bears from mid-August through mid-October. September can be the worse month so be patient for the year-end rally.To make matters worse this market...