Wednesday, February 17, 2016

Campbell Soup is going though the roof and there maybe life left in Freeport-McMoran.

So far a good in stock market, I notice Campbell Soup over $60 it wasn't that long ago Campbell was struck in 40's and this has happen mostly in down market. Why? I think a food company is defensive play and takeover candidate- great brand name and company I think is still own by family that founded it and generation past often there want to cash out.
Freeport-McMoRan which has been dropping like rock has in last few days seem to be a rebound.The stock was in 20's but drop under 5 dollars but it's gone up to 7.Maybe sign it's on the mend. 

Thursday, February 11, 2016

Why is Kellogg stock going though roof today as market takes another hit.

Again the Stock Market is all down today, yet Kellogg stock is up $3  up 4% why? Defense play no doubt, but maybe a takeover target too!
Price of Gold up $40.00 maybe fear is driving that price.
A scorecard for Hedge gives Pershing Square(Bill Ackman's hedge0 for poor grade, last year got high grade also poor player Greenlight Capital changes a lot in when thing bad and I remember Daid Einhorn shorting Green Mountain Coffee at saying it's days numbered.He did that when it was aound $20 went up over $100 dollars last I look it was around $80.
Whatever happen to peak oil?

Friday, February 5, 2016

U.s Jobs report today mostly good news but some disappoining

Jobs report only 151,000 jobs created that was disappointing ,however, the unemployment rate drop below 5%, the time that happen was in 1/2008,of course 8 months later we had the financial meltdown, also wages were 2% and the percent of population working went up.

Monsanto had good day yesterday.

Donald Trump is a crybaby. Go Rublio!

Thursday, February 4, 2016

McGraw- Hill stock up today by 6 dollars, L Brand down by six dollars.

McGraw-Hill stock today up by six dollars, maybe because they are changing name S&P Global Until recent Terry McGraw was C.E.O Chairman but retired few years ago, but still the family control most stock maybe not.
L Brand (Victoria Secret) drop 6 dollars in stock price despite a rosy picture for future profits.

Productive drops, labor cost raise a bad omen for economoy? Kohl's stock take a plunge.

Productive rate in last quarter falls 3% and labor cost raise more then 4%, which mean people aren't producting, you say there not working so hard and yet getting to be paid more and sooner or later, companies will start losing money,hence, less wealth, less jobs less prosperity.
Maybe that's why Kohl's stock drop like rock today, last I look down more then 9 dollars with very heavy volume avg. volume is about 4 million share, last I look and day isn't finish volume was over 189 million share. Also Nordstrom is down about 3 dollars a few month ago the stock went down 10 dollars in day but has gain some of lost back.