Joy Global (JOYG) announced its quarterly earnings yesterday. The stock rallied sharply but to drift lower by session close. The earning outlook was raised, it’s a hot company. strong momentum, touching 52wks high and everything else seemed in place, well, Mr Market didn’t think so. So at OPN, an alert for bonus speculative trade was [...]
Well this is a late post as I was busy opening OPNewsletter portfolios. I have invested nearly 50% of the capital for OPN and I’ll invest nearly 10% more as I always prefer to keep 30-40% free cash for any adjustment or any wonderful opportunity that may come along the way.
I mentioned my bearish perspective [...]
Whole Foods Market Inc. (WFMI) reports earnings for the fiscal second quarter on Tuesday (After Market Close). As much as I loved to shop when I was in Austin, TX, I would love to be wrong if they deliver good results. It has seen its double-digit profit growth starting to erode due to costs associated [...]
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