Priceline.com Helps Calibrate Valuations Of Internet Stocks

(This is an excerpt from an article I originally published on Seeking Alpha on June 14, 2014. Click here to read the entire piece.) So now we know that at 8 or 9x times 12-months trailing revenue, an internet-related stock can be undervalued. On June 13, 2014 Priceline (PCLN) offered to buy OpenTable (OPEN) for … Read more

Baby Boomers Seem Unlikely to Mass Exit from Single-Family Detached Homes Anytime Soon

(This is an excerpt from an article I originally published on Seeking Alpha on June 14, 2014. Click here to read the entire piece.) Recent research provide additional color to the last entry in my on-going series on Baby Boomers and the housing market: “Cash Buyers And Optimism Counter The Notion Of An Imminent Housing … Read more

A Trading Check-In for Apple’s First Post-Split Week

Apple (AAPL) finished its first post-split week in disappointing fashion. Sure a sell on the news reaction should have been expected, but the strong trade going into the split, right through the Worldwide Developers Conference (WWDC), produced some hope AAPL could hold its own. Apple even entered the week featuring a dramatic shift in trading … Read more

Cash Buyers and Optimism Counter the Notion of An Imminent Housing Crisis Triggered By Baby Boomers

(This is an excerpt from an article I originally published on Seeking Alpha on June 3, 2014. Click here to read the entire piece.) Last year, I wrote a series of articles expressing my skepticism about the notion that an abandonment of homes by incapacitated Baby Boomers would cause America’s next housing crisis (for example, … Read more

Carney Rate Hike Talk Drives Over-Eager Buying of the British Pound

(This is an excerpt from an article I originally published on Seeking Alpha on June 12, 2014. Click here to read the entire piece.) After artfully fending off questions about the timing for higher interest rates, Mark Carney finally gave the market throngs a clearer hint: {snip} Mark Carney on timing of first rate rise: … Read more