Great and hilarious find by Pedro da Costa.
Jeff Macke calls Louise Yamada a national treasure and we are inclined to agree.
Here, the two leave emotions at home and talk price behavior on the NASDAQ which has recently experienced a nasty decline.
Louise provides the critical levels and devils you need to know if you are involved.
Another entry in the world of amazing bionic creatures…
As it bounces through the Australian outback, the typical kangaroo can cover around 25 to 30 feet per hop. It’s a model of efficiency: Every time the kangaroo hits the ground, its tendons stretch to store energy like the spring in a pogo stick, so it can easily speed up without getting tired. It’s so good at hopping, in fact, that for the last two years, a German company called Festo has been secretly developing a robot that tries to copy everything a natural kangaroo can do.
3 sectors to watch in an aging bull market
Many believe we are in the midst of an ongoing bull. Paul Schatz of Heritage Capital is one of these prognosticators, but senses our current bull market is getting close to be sent out to pasture. “The Bull market is old, and it’s wrinkly, but it’s not over yet,” Schatz opines in the attached video. “The bull market is transitioning to its final phase which is normal, bull markets don’t last forever.”
With that in mind, there are 3 sectors Schatz likes as the current bull market heads off into the sunset.
No more Facebook? Mark Zuckerberg has a vision says Ben Horowitz
Mark Zuckerberg told The New York Times on Wednesday that he wanted to dismantle his $150 billion social media company. This year he began Creative Labs, which aims to revamp the way the company distributes it services.
“What we’re doing with Creative Labs is basically unbundling the big blue app,” he told The Times. Facebook is planning on splintering into more focused, smaller services.
The Daily Ticker sat down with Ben Horowitz, co-founder of venture capital firm Andreessen Horowitz, to discuss what the future of Facebook looks like.
Charts: Nasdaq threatens first breakdown since 2009
After looking poised to suffer a major breakdown on Monday, stocks have spent the last couple sessions trading in a manner best characterized as being somewhere between irrational terror and inexplicable euphoria. At this point all the bulls and bears can seem to agree on is that the market seems just a little crazy.
When the world of finance starts speaking in the language of self-help it’s time to tune out your emotions and study the charts. National treasure and friend of Breakout Louise Yamada of LY Advisors is here to tell us what the technicals are saying about the market’s mental health.
Controversial Internet television service Aereo is much like other popular high-tech entertainment products that courts have found to be legal, the company’s CEO, Chet Kanojia, maintains. Broadcasters have sued, saying Aereo is distributing their programming without paying the licensing fees required by copyright law. The two sides will face off in the Supreme Court next week. Here’s a taste of what Kanojia told Yahoo Global Anchor Katie Couric in a recent interview.
The problem with Tesla? No one knows how to value it
Of the 16 analysts that cover the stock, five have a positive rating, eight list it as a “hold,” and three have it as either an “underweight” or a “sell,” according to Factset,
“There is no strong consensus here, and that contributes to its volatility,” said Andy Busch, editor of the Busch Update and a CNBC contributor. “Is it an auto company or a technology company? All we really know is that it’s the poster child for momentum,” Busch added.
With few fundamentals to rely on, many traders have turned to the charts for help. But unfortunately, they aren’t looking much better, at least according to some technicians.
Yes, Walmart works the system: Don’t hate the player, hate the game
In conjunction with the April 15 tax deadline, the organization Americans for Tax Fairness released its annual report on Walmart and the Walton Family.
Subtitled “How Taxpayers Subsidize Americas’s Biggest Employer and Richest Family,” the report concludes the company and its founding family received $7.8 billion in tax breaks and taxpayer subsidies in 2013, featuring:
- $6.2 billion in public assistance to Walmart workers, namely Food Stamps and Medicaid
- $1 billion in federal tax breaks, notably via the use of accelerated depreciation
- $670 million directly to the Walton family due to lower tax rates on capital gains and dividends vs. wages
Walmart (WMT) calls the report “inaccurate and misleading” and even some who support its overall focus take issue with the specific findings.