| Watching the Transports Index Closely While I'm not a Dow Theorist who gives much relevance to the confirming action in the Dow Transports in relation to the Dow Jones Industrials, I could not help but be struck with the high-volume selling in the Transport group on Friday. Known for being an early indicator of economic strength and weakness, could the Transports high-volume break back below its 50 day moving average be one of the first indicators of an impending double dip in the economy?After nearly doubling from its February lows of 2146 to its most recent highs of 4045, the Transports seem to have become very toppy in here and should bear watching to see if recent multi-month support in the 3600-3700 range will hold. Conversely, any move through recent highs above 4045 would suggest that another up-leg is set to begin for the group.Complete Story » seekingalpha.com |
Hub Group Inc. Q4 2009 Earnings Call Transcript Hub Group Inc. (HUBG)Q4 2009 Earnings CallJanuary 28, 2010 05:00 pm ETComplete Story » seekingalpha.com |
Why Not to Bet on Energy Stocks Saj Karsan submits:Isn't it crazy to avoid investing in energy stocks? After all, don't we all know that energy prices are going up in the long term? After all, as large, developing countries continue to grow, demand for oil is sure to sky-rocket. Furthermore, as a non-renewable resource, the world's oil supplies reduce every single day. Unfortunately, these stories don't tell the whole tale, and the reasons for value investors to stay away from investing in commodities like energy have never been stronger.Energy prices are volatile, and the direction of price changes is hard to predict. While the factors described above (emerging economies, non-renewable resource) will play an important role in the future price of energy, they are over-emphasized by the media and those who are bullish on the price of oil. Under-emphasized, however, is the market reaction to the high (even relative to recent history) prices.Complete Story » seekingalpha.com |
Tesla Options Window of Opportunity Stock Yid submits:I would like to start by saying I could care less for Tesla Motors (TSLA). When I heard of the IPO, I thought to myself, this is just another company taking advantage of the “green” excitement going on because of the BP oil spill. Every venture capitalist I speak with, all they can talk about is clean-tech, green energy, renewable energy.What excites me are the options.Complete Story » seekingalpha.com |
Wait! Car Dealers Say They Really Need More Inventory Gad Allon submits: by Marty Lariviere Last week I questioned whether auto dealers really needed more inventory on their lots. Now Automotive News reports on an “informal” survey in which car dealers pretty uniformly say, “Honest! We need more cars!” (Dealers: We want more cars!, Aug 23)Complete Story » seekingalpha.com |