buy sell

Fourth quarter earnings season is upon us while the market is off to a torrid start to the year. While the S&P 500 is up 4% year-to-date, there are a number of riskier indexes and sectors doing considerably better. The NASDAQ is up 6.3%, the Russell 2000 5.2%, the Hang Seng 7.6%, the Brazilian BOVESPA…

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sears

Sears Holdings pre-reported Q4 results which showed a rapid deterioration yesterday. The most alarming item in the press release was the rapid deterioration in sales trends at both Sears and Kmart. Sears comparable store sales trends ran -3.3% in the YTD period (which is a month away from the full year) while the trends through…

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mickey mouse

Long live Mickey Mouse! Walt Disney reported strong results last night which reflected broad strength across the economy. Disney has diversified exposure to discretionary spending with its parks, media properties, and international businesses. A consistent theme through earnings season has been broadly solid corporate earnings and DIS is another example of this from a large…

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