GDP confirms it. US Equities are undervalued -- we shall see continued multiple expansion and money flows out of bonds/cash/commodities into Equities - Globally. 4% Long Bonds and a 1% inflation supports much higher multiples.
The very positive yield - is allowing Bank profits to swell. They will need to hire, spend, invest the extra $$
The Buy America trend is just beginning - a relatively low US Dollar will continue to push capital into US Mfg - watch the strength in CTAS for a nice gauge of employment growth in the US
Next up Gasoline and Oil. Should put $$ in consumers pockets. Stay long US Equities - seven months of Equity Inflows... That money is being put to work. The US leads the world in Large Technology names. AAPL GOOG YHOO FB TWTR LNKD AMZN INTC MFST EBAY HPQ GLW
the leverage in the Commodities market is insane -- almost no money down to buy GOLD, OIL etc - the CME needs to boost margin requirements immediately.
In September, we launched the Bowflex Boost band, which is an affordable 24 hour monitoring band, that tracks activity through the day, calories, steps and distance and into the night. This band is designed with Bluetooth Smart technology, provides extended battery life of up to 11 days and is available currently for iOS devices. We plan to introduce support for the Android platform by the end of this year (done now). The free software automatically syncs with mobile devices allowing user to set and monitor progress for its daily fitness goals. We have been pleased with the early response of this product, which represents our first offering in the rapidly growing personal tracking device market. While this product was initially intended as a supplement to our direct business, we do feel the product also has potential to succeed in the retail market and we are exploring options. (From their Earnings Call Transcript)
Sentiment: Strong Buy
Pages View over the past three months up 55% in the US, up 86% in Canada, up 31% in the UK, up 78% in Italy, up 35% in Germany and up 62% in France.
Time Spent on the site up 63% in the US, up 63% in Canada, up 46% in the UK, up 73% in Italy, up 63% in Germany and up 59% in France.
The quarterly estimates look very doable.
Interesting article. and RBC upped Alibaba Valuation to $150 B from $110 B yesterday - Fireswirl FRWRF looks like an excellent ultra spec ! too bad so illiquid