SBUX2

During a controversial 3Q earnings period, patterns continue to emerge, with beloved companies accelerating business trends in the midst of a tough global economy. Winners are thriving with differentiated brands, business models, and strategy; the stock market is awarding the victors to an almost unprecedented degree with rich valuations and surging stock prices. On the…

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tim cook

Apple posted an excellent Q3 result; 48 million iPhone shipments exceeded expectations, gross margin approached 40% (32 bps above last year), and EPS grew 43%, an impressive growth rate for the largest company in the world by market capitalization. Mac computer units grew 3% despite a 11% contraction in the overall global PC market. Iterations…

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aflac duck

2015 is shaping up to be a challenging year for investments. The market swoon in mid-August caught most off-guard, and the subsequent violent recovery arrived right after several prominent investors turned bearish, or at least hedged. Markets don’t need to make any sense, and at times, understanding “why” the market is getting crushed, or exploding,…

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yellen2

The September 16-17th FOMC minutes were released Thursday afternoon, continuing¬†the market’s Beast Mode reaction to Fed dovishness. The S&P 500 completed the best week of the year, barely down-ticking from 1,893 to 2,015. The market rallied 7% from the lows after the September Employment report to the highs yesterday. The 122 handle rally takes the…

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