Long ROKU

I just bought a bit of ROKU today after multiple downgrades knocked the stock from above $70 to under $57 over the past couple weeks. Roku opened up yesterday with the broader market, but as Netflix fell on news of a low priced competitor from Disney competitor to launch in November it pulled Roku down […]

Trade War, Part 2

Yesterday President Trump tweeted mad hate against Europe, promising tariffs. The European economy is structurally weak & they can’t afford to exit negative rates & quantitative easing. Across Europe German manufacturers are already calling the shots trying to minimize the fall out from Brexit. Now would be an inopportune time for curtailing the export-led engine […]

Walgreens Off A Comfortable 13% on Earnings

Walgreens (WBA) announced results where they slightly missed top line revenues & missed earnings. Net income fell to $1.16 billion, or $1.24 a share, from $1.35 billion, or $1.36 a share, in the same period a year ago. Excluding nonrecurring items, the company said adjusted EPS declined 5.4% to $1.64, below the $1.72 that FactSet […]

Up Day

Markets look broadly up so far. I sold Kroger (KR) near open. I also sold off most my MMYT position. With the stock market going up across the board I didn’t want to chase, so there weren’t many of the stocks I liked that had easy buying opportunities. I just bought a bit of Enova […]