The Undecided Market (DIA,WMT,XRT)

Executive Lounge, Wall Street Elite

It always used to puzzle us, how voters could be ‘undecided’ going into an election.  How they could say, ‘we’re going to wait and see how the debate turns out’, or ‘we’re not sure how our interests are going to be served under an enter name here presidency’.   What the sheet!?   How could […]

May 31, 2016

Southbound Markets (DJIA, TYX, TSLA, WMT)

Bourbon & Bayonets

For the past few weeks we’ve been warning about a rollover top in the making in the stock market, and it appears that something’s now afoot. We don’t want to jump into alarm mode, of course – it’s too early for that. And it’s more than likely there won’t be any need for alarm bells […]

December 11, 2014

Michael Kors (KORS) reports stellar quarter, Wal-Mart (WMT) reworking site and Toyota focuses on green future.

Bourbon & Bayonets

Markets were heading higher on Monday morning after high-end designer Michael Kors (KORS) reported a strong quarter and raised their full-year revenue forecast. The company said that demand for the designer handbags and watches were an integral part in this increase. Revenue was up a staggering 43% to $919.2 million, while same-stor sales were up […]

August 4, 2014