Warren Buffett Loves the Geico Gecko

Feb 28, 2015
J. Webster
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In his latest shareholder letter, Warren Buffett talks about how much he loves the Geico Gecko. Why? Can you guess? Yes, it has something to do with saving money. It's because the Gecko is cheap and doesn't ask to be paid more money no matter how popular he gets. Who came up with the Geico Gecko ad campaign, The Martin Agency. Not sure how much Buffett or Geico's marketing department paid the Martin Agency to come up with

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Does This Chart Say Buy or Sell Oil?

Feb 26, 2015
J. Webster
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Here's the ten year chart of the United States Oil Fund (ETF), after taking a look at it would you buy or sell oil? Just before the Great Recession, the USO ETF was trading at a high of $117, today it's just above $18 a share. That's quite a drop. And even during the world wide economic slow down the USO ETF hovered around $35 a share. Now, what with the U.S. economy back on track, the USO ETF has tumbled down to as low as $16 a share. Sure, there's a lot more oil on the market what with the

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Lumber Liquidators Will Get 60 Minutes Treatment

Feb 25, 2015
J. Webster
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This is what happens when you reveal that your company, Lumber Liquidators, will appear on 60 Minutes this weekend in a negative light. The stock goes down over 17%...and it also doesn't help that the DOJ may seek criminal charges based on importing certain floor products:
Lumber Liquidators is trading lower by about 16.8% today following the comments on the company’s earnings call about a possible 60 Minutes segment. The segment in question could feature LL’s products in a negative light, particularly with regard to possible safety and environmental matters that have been previously disclosed by the company. Adding to

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Janet Yellen Singing with Kanye West

Feb 25, 2015
J. Webster
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Who knew Federal Reserve chairwoman Janet Yellen was collaborating with Kanye West...Alan Greenspan never did that. Ben Bernanke never did that. Yes, Yellen can sing was well as adjust interest rates or keep them at zero for as long as she feels like it. Yes, Yellen's resemblance to the singer Sia is uncanny. Take a look.

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Home Depot Has the Prettiest Stock Chart

Feb 24, 2015
J. Webster
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Is there a prettier stock chart out there since the Great Recession? Sure, there might be some charts of stocks that skyrocket after they become a take over targets, but is there a slow and steady stock rise the past five years that's prettier than Home Depot's? I don't think so. Just look at the chart below. Oh, to have owned Home Depot's stock the whole time and just let it climb and climb and collect the dividend all the while. Not bad. Congrats to all the Home Depot stock holders and especially the holders who bought when the housing

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Bloomberg Terminal CAKE

Feb 18, 2015
J. Webster
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How many stock traders want a Bloomberg terminal cake for their birthday or wedding? I'm guessing quite a few Wall Street traders would get a good laugh if that got to cut into a cake that looked like the terminal they love and cherish and stare at every trading day. However, not sure this would go over well for a wedding cake.... The design included two flat monitor screens, a keyboard, and a stack of papers on the side. Want a cake just like this? You can order it over at pinkcakebox. And it sure does look real...so who was

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Shark Tank’s Kevin O’Leary Is Selling Apple Shares

Feb 17, 2015
J. Webster
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So it seems Kevin O'Leary, Mr. Wonderful, thinks that the love for Apple's stock is a bit too high. O'Leary selling some Apple shares, not because he hates the company or the stock, but he doesn't want to exceed a 5% level in his portfolio. I guess he's not on the same side as new tech analyst Carl Icahn, who says Apple is way undervalued.

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Tech Analyst Carl Icahn Has Street High for Apple Stock

Feb 15, 2015
J. Webster
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The new tech analyst on Wall Street, Carl Icahn, says Apple stock is a bit undervalued at $127 a share:
We believe this P/E multiple discrepancy between Apple and the broad market index is totally irrational. It seems to us the market is somehow missing a very basic principle of valuation: when a company’s future earnings are expected to grow at a much faster rate than that of the S&P 500, the market should value that company at a higher P/E multiple. In FY 2016 and FY 2017 we forecast in our model EPS growth of over 20% per

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Elon Musk Says Tesla’s Market Cap Could Reach Apple’s

Feb 11, 2015
J. Webster
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So, do you believe Elon Musk? Say you missed much of Apple's big run the past five years, are you going to invest in Tesla for the long term as a potential huge payoff?
"Tesla CEO Elon Musk said the company's market cap in 10 years "could be on the order of where Apple is today." Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss. Musk said the estimate was based on "back of the envelope" calculations including an assumption of a price-to-earnings ratio of 20. Apple recently became the first company to top $700

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Freeport-McMoran Executive James Flores Bought Tons of Shares

Feb 10, 2015
J. Webster
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To me, it looks like Freeport-McMoran executive James Flores believes in his company. Flores has been buying tons of shares in the company he runs for the past few years, and at much higher prices than we see right now. Freeport-McMoran's stock sits close to $18 a share today, but Flores has been buying piles of shares in the high 20s and 30s - and bought thousands of shares when the stock traded at $37! He owns 8,649,241 shares of Freeport-McMoran. In these insider transactions, has Flores been trying to catch a falling knife or is the bottom near for

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