“We have many large computers and some of them are the same color as your jacket…” $GOOG
There’s been a bunch of recent criticism of new web businesses focusing on low barriers to entry. The arguments go that if others are able to easily enter the same busniess and if the business is not protected by intellectual property, then it is flawed, unworthy of a high valuation and will ultimately fail.…
After the last time we had a 2% down day in the $SPY, I asked readers which way they thought the market was headed and the majority said higher. I was not so surprised, because my observation was that there was not the usual negative reaction to the move. For the record, the next…
Back in November, after Cisco Systems ($CSCO) reported an ugly quarter, I warned that weakness in the name was not $CSCO specific. I took flack for that message from those who were bullish tech in general and companies like $JNPR specifically who appeared to be executing better. Granted, $JNPR went on to make higher…
I love it when the crowd gets it right. The StockTwits community has been wildly bullish on $AAPL for at least 200 points as evidenced by the jubilant stream, bullish setups posted to Chartly, the victory laps and the sheer volume of messages in the name. Conventional wisdom suggests that when the vast majority shares a…
There’s an addiction myth that goes something like this, “the addict needs to hit rock bottom before he can heal.” I don’t really ascribe to the myth but I do think that in some cases there is truth to it, specifically in situations in which the addict, beneath the annihilation and mess, still has…
It has only been a short while since Google was dubbed evil and only six months since it demoted its adult CEO. You would think from the antitrust coverage that $GOOG had become the very thing they have despised and gunned for – the new $MSFT incarnate. But a funny thing happened after the…
I love Joe. He works harder than anyone I know, never takes himself too seriously and is flirting with genius at what he does. Still, Drudge is the master. Plain and simple…