Rosenthal Research Focus: Non Volatile Random Access Memory (NVRAM) The Resurgence of Intel (INTC)

November 17th, 2014

Intel: More Good News About The Mobile Losses (Courtesy of Russ Fischer) Summary The losses on the mobile division are truly enormous. If the losses are R&D costs, what are they R&Ding? If they are primarily development costs, they can decrease rather quickly. Last week I wrote a piece on the Intel (NASDAQ:INTC) mobile losses. Basically it [...]

Stock Market Strategy: Why Stock Markets are Selling Off in Dramatic Fashion in One Easy Chart

October 15th, 2014

Courtesy of The Chart below does not require much of an introduction. Suffice it to say:  QE3 Ends + Record Amounts of Margin Debt = Vicious Stock Market Sell Off.  We have seen this process unfold before. At the end of QE1 in 2010 and QE2 in 2011 the S&P500 dropped about 20% from [...]


October 14th, 2014

Courtesy of Prohost Biotech – Monday, October 13, 2014 A lot of talk, writings and insinuations were, and still are filling the media prior to, and following the FDA granting Gilead (GILD) approval for its all-oral HCV combination pill Harvoni. All that has been mentioned to date is questionable, except the fact that people infected with genotype 1a and [...]

The Morning Call: News that Moves Markets

October 1st, 2014

Courtesy of U.S. Equities Futures point to a slighlty lower open The VIX (16.31) looks to threaten the key 17.00 level that has for the most part held up since February MBA Mortgage Index (-0.2% actual v. -4.1% previous) ADP Employment Change (213K actual v. 202K expected) S&P Futures -4 @ 1962 Dow Futures [...]

Credit Update with Guru MJ: The ECB Brought out the Bazooka

September 4th, 2014

Courtesy of MJ of M.S. Howells Global credit markets were surprised by the ECB’s forceful actions this morning. The ECB has decided that it is going to force-ably restart European credit markets, consumer driven economic growth, and eliminate the risk of deflation. Its impact on the EUR also indicates that fears over European exports to [...]

Credit Update with Guru MJ: ECB Action Tonight May Disappoint

September 3rd, 2014

Credit to Equity Still Attractive But ECB Action Could Create Opportunity The potential of a Ukrainian – Russian peace agreement has the market on a sugar high. However, we believe the underlying strength in US economic growth and the increasingly aggressive actions and expectations of the ECB are the true issues to follow. In our [...]

EPS Highlights: Gilead Sciences (GILD) The Juggernut

July 24th, 2014

Courtesy of GILD Gilead Sciences: Color on Quarter (90.34 ) RBC Capital Mkts raises their GILD tgt to $102 from $96; they note sales, margins, and EPS are all much bigger than expected and thus earnings power suggests to us that consensus ’14-15-16 EPS estimates are likely to keep going up towards potential of [...]

Company Highlight: Infinera (INFN) Disruptive Technology Changing Transportation Architecture

July 23rd, 2014

Paradigmatic shift in internet routing ramps up speed (100G) as demands on bandwidth intensify David Welch, co-founder of Infinera recently made a presentation entitled “What the Network Will Be”.  In the presentation he illustrates INFN’s disruptive photonic integrated circuit technology and how the company is changing the long haul transportation architecture of the internet by bringing routing intelligence into the transportation [...]

EPS Highlights: Verizon (VZ) Extends Lead As the Best Positioned Telecom

July 23rd, 2014

Courtesy of Verizon beats by $0.01, beats on revs; reaffirms FY14 guidance (50.70 ) : Reports Q2 (Jun) adj. earnings of $0.91 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.90; revenues rose 5.7% year/year to $31.48 bln vs the $31.09 bln consensus Co reaffirms guidance for FY14, sees FY14 revs [...]

EPS Highlights: Microsoft (MSFT) A Real No Brainer

July 23rd, 2014

Courtesy of MSFT Microsoft: Color on Quarter (44.83 ) RBC Capital Mkts raises their MSFT tgt to $47 from $44. Microsoft reported a solid fourth quarter outperforming on virtually all headline results outside of EPS. The highlight of the quarter was the continued success of the co’s cloud products. Guidance was mixed vs. consensus [...]