Among the biggest winners in Friday’s early trading are Nanometrics (Nasdaq: NANO), ScanSource (Nasdaq: SCSC) and Google (Nasdaq: GOOG). Top Percentage Gainers — Friday, July 9, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low ScanSource (Nasdaq: SCSC) $26.45 +5.4% $32.40… Read More
David Sterman has worked as an investment analyst for nearly two decades. He started his Wall Street career in equity research at Smith Barney, culminating in a position as Senior Analyst covering European banks. While at Smith Barney, he learned of all the tricks used by Wall Street to steer the best advice to their top clients and their own trading desk. David has also served as Managing Editor at TheStreet.com and Director of Research at Individual Investor. In addition, David worked as Director of Research for Jesup & Lamont Securities. David has made numerous media appearances over the years, primarily on CNBC and Bloomberg TV, and has a master's degree in management from Georgia Tech. David Stermanon
Analyst Articles
Among the biggest losers in Friday’s early trading are Big Five Sporting Goods (Nasdaq: BGFV), Conceptus (Nasdaq: CPTS) and Grand Canton Education (Nasdaq: LOPE). Top Percentage Losers — Friday, July 9, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Conceptus… Read More
A Little goes a Long Way for this Sector
July 8, 2010
Low-hanging fruit. That’s what most retailers have already picked in their quest to cut costs and boost margins. The economic downturn in 2008 was hugely beneficial for this group as they right-sized costs to offset dismal sales. Once sales ticked up just a bit from the bottom,… Read More
A Perfect Trade for a Tough Market
July 8, 2010
I believe the odds of a double-dip recession in 2011 are high — very high. The U.S. and global economies are struggling. You might think that good earnings reports here in the United States are indicative of an… Read More
Among the biggest losers in Thursday’s early trading are H&R Block (NYSE: HRB), The Gap (NYSE: GPS) and Kohl’s (NYSE: KSS). Top Percentage Losers –Thursday, July 8, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low H&R Block (NYSE: HRB) $14.30 -7.7% $23.23 $13.58… Read More
Among the biggest winners in Thursday’s early trading are JC Penney (NYSE: JCP), Abercrombie & Fitch (NYSE: ANF) and Avis Budget (NYSE: CAR). Top Percentage Gainers — Thursday, July 8, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Abercrombie & Fitch (NYSE:… Read More
Borrowing billions of dollars to try to build a business from scratch is always a bad idea. Companies tend to under-estimate expenses and over-estimate revenues in order to sell stock and debt at attractive rates. When investors and lenders get wise, they tend to stop putting fresh money into the business, often when it is only half built. That was the ignominious fate suffered by Sirius Satellite Radio, which was forced to merge with rival XM Radio back in 2007. That effort simply combined two money-losing entities into one larger money losing entity known as Sirius XM… Read More
Borrowing billions of dollars to try to build a business from scratch is always a bad idea. Companies tend to under-estimate expenses and over-estimate revenues in order to sell stock and debt at attractive rates. When investors and lenders get wise, they tend to stop putting fresh money into the business, often when it is only half built. That was the ignominious fate suffered by Sirius Satellite Radio, which was forced to merge with rival XM Radio back in 2007. That effort simply combined two money-losing entities into one larger money losing entity known as Sirius XM Radio (Nasdaq: SIRI). As a quick refresher, Sirius generates the bulk of its new customers by offering limited free-trails to buyers of new cars. The company is also aggressively pursuing the used car market these days. According to the Department of Transportation, there were more than 250 million passenger vehicles on the road in the United States in 2007. Sirius estimates that 27 million of those vehicles have factory-installed satellite radios. About 11.6 million of those vehicles have active subscribers at the wheel, with 15.3 million that are active radios but are not enabled. Read More
Not all CEOs are as generous as Apple’s (Nasdaq: AAPL) Steve Jobs. The company’s founder makes $1 a year (although he holds plenty of Apple stock), while a starting sales associate at one of his Apple stores makes more than $31,200. But Jobs is an exception, not the rule. Even… Read More
It’s getting tough out there. On any given day, the market seems to drop right out of the gate, or instead start off strong only to slump later in the day. The net result: when the closing bell rings, stock of all stripes steadily… Read More
A Four-Part Strategy for Today’s Market
July 7, 2010
The great thing about being a trader is that we can be very light on our feet. You don’t have to worry about getting out of a position. You are not married to stocks, like value investors. Being opportunistic and attentive to the vagaries of the market… Read More