18 Mar
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Steve Alexander submits:
Deckers Outdoor (DECK) is a niche, luxury footwear design and marketing firm. Deckers has 4 product brands. The most important is UGG Australia, the well known (and expensive) luxury sheepskin footwear. UGG provided 70% of Decker’s total sales for the just completed 2008 fiscal year.
The second brand is Teva, focusing on sport sandals. [...]
18 Mar
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Trader Mark submits:
We’ve been bears on Las Vegas Casinos for a long time [Feb 13, 2009: Leaving Las Vegas.... Literally], [Apr 14, 2008: Things I've Been Negative on Since Fall 2007]. Moody’s decided it was a good time to downgrade Las Vegas Sands (LVS) and MGM (MGM) debt… I assume the stocks trading in [...]
18 Mar
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Zacks.com submits:
Negative cash flow and a threadbare balance sheet makes survival challenging for some restaurant operators.
As the recession deepens, cash flow tumbles and credit tightens, the restaurant industry is right-sizing excess capacity that was added to satiate shareholders’ thirst for growth.
Complete Story »
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18 Mar
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Andy Abraham submits:
The next shoe to drop. It seems that there are so many shoes dropping many will go barefoot.
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18 Mar
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Mark Krieger submits:
it is simply startling Amazon (AMZN) can trade in this dire economic climate with a whacked out valuation of 46 times 2009 estimates. If you contrast AMZN’s multiple with its primary competitor‘s valuation, [[EBAY]], at only nine times 2009 earnings estimates - it is obvious, either AMZN is way overvalued or EBAY is [...]
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