BUYING YOD & SWIR more to follow. From Barons Emerging Markets Daily News, analysis and actionable ideas about emerging markets. March 14, 2014, 8:44 A.M. ET You On Demand: Launches YOU Kids, Chardan Raises TP By Shuli Ren Yesterday, You On Demand (YOD), a pay-per-view and video on demand platform in China, said it planned to launch a new subscription platform for children starting the second half this year. You On Demand already signed contracts with Nelvana Enterprises, Sesame Workshop and HiT Entertainment Ltd. for their content. Great news. Chardan Capital Markets analyst Jay Srivatsa raised his price target for the company from $6 to $10. Here is Srivatsa: The YOU Kids is to be launched as a separate offering over IPTV, Digtal Cable and Internet TV customers initially and is expected to berolled into a packaged offering with existing Hollywood movie content and Chinese domestic content. YOU Kids is also expected to be launched over a mobile platform although the company believes mobile YOU Kids offering will likely happen in 2015. These three deals follow on the heels of its expanded agreement with Disney (DIS) on Jan 30, 2014 to offer Disneyâs movies over YODâs mobile service. Through the agreement with Disney, YOU On Demand will add Disney titles to its current Hollywood line-up via its newly launched mobile application â YOU Cinema that comes preloaded on Huawei Mate smartphones. You On Demand is also beefing up its management: Last month, YOD announced theappointment of Kevin Lin as YODâs Chief Technology Officer. Kevin was previously the Director of Huaweiâs US operations and possesses mobile expertise thatcould become valuable for YOD as their mobile offerings begin to gain momentum. Having relocated to Beijing from the US, we believe Kevinâs primary objectiveis to successfully push YOD offerings into other handsets and also bring his expertise in convincing the three largest service providers in China â China Mobile (CHL), China Telecom (CHA) and China Unicom (CHU) to begin offering YODâs movie content to Chinese subscribers.
Ok it's rainy Wed. We have been on air with you folks for less than a week and we have been buying our asses off! I hope you all are following along and appreciating the return of excitement to Elite Trader. The scary thing is all this re balancing and portfolio generating is being done with current funds and gains from other stock sales... lots of waiting 3 days before selling! I'll admit the gaudy side of the market has given me a boost to where I can throw this all together without any new funds. New Funds are coming though! I don't know exactly when but I had a confusing last will situation with my Mother's passing. I thought stuff would come to me being the oldest son but apparently it all goes to the husband-- my stepfather. This came as a great big surprise-- some of you may wind up in the same situation- it's just not like the movies at all. You don't sit around a big room and get a certain picture or table left to you from your loving mother-- but rather it all goes to the husband until he dies. Just a huge surprise. Did I say I was surprised by this... After housekeeping and trust closings and bank account closings finally I hear a smallish amount of money is close to coming into my shaky hands! I have no idea how much but I could guess close to $100K: >>> It was with the knowledge that those funds may be close to arriving that I have started this brave new Portfolio. I hope to highlight some great names and then apply larger sized positions as we go along. Lets take a look at the Portfolio and some of those names. <<<2014 ET PORTFOLIO: CURRENTLY 10 NAMES- 1 MORE TO COME.....>>> GLUU- The game maker for phones and tablets. Update. Has gone nowhere in a week. That was good news when the market was diving! Not so good news now. ROSG- The gene sequencer with the scary tests. Ditto the above these two were purchased in free fall conditions for the market. GTAT- The new glass maybe of the i phone. Bought @ $16.30 Update! HERE WE GO! Price target raised! Rumor of i phone win!- $ 18.25! +$2 MTW- Crane maker. Bought $31.50. Update. Beautiful outperform so far! Up a buck.- $32.50 HAR- Fancy audio for high end cars. Update. $106 Buy--> $109 +$3 Here we go! Break Out scheduled for today! POOL- Lets freakin' dig a pool. I've thought about it. Update. < What I have done folks is come up with a theme for the year which involves the high end to firmly middle class consumer but which disregards retail stocks as I believe that whole part of the consumption market is dying on the vine. We'll talk more about this later but we are heading into Gardening season! (Tractor Supply, I admit- I own it) & we are heading into lets break ground for a pool season! Lets upkeep our pool. I get a lot of wax in my ears so I don't like to dive down anymore and I don't even like the way most pools look... still I admit there is an attraction to a house that comes with a pool-- it gives one an excuse to lay about and do nothing but act like a Roman god. Around the bath tub, where I do it, it's embarrassing.> POOL- $ 58-59 Buy. Only $60 now I have a summer target of $80!!!!! MBUU* - Oh how I love this little company! A recent IPO that caught my eye they have a great market share story and a swelling backlog of orders- People are buying recreational boats again! Yesterday Malibu put putted to a 5.6% gain! Bought @ $ 22 a week or so ago around their earnings only $23 now--> I seeMBUU going to $29.+ UBNT - Discussed the trade on page 1. WI FI amping for the masses a trend not going away. Update TRADE IN PROCESS--> $52 to now near $55! + $3 Closing High and Break Out! : SWIR- Purely a technical buy. I like to use TA when I can-- I was looking for some exposure into this segment of the market-- I have not done the fundy research on this name yet. Just bought yesterday. YOD- Desperate day trade attempt to replicate success of MOBI! I am not a day trader, my stuff usually takes a month to fully pan out but when I see a name I'm researching get a lot of volume I've been known to jump on. More on this name to come. A bet here is a bet on Chinese kids using a certain app/ site to stream Disney content to their smart phones. The only sale was MOBI which ran for a quick 2 day 20+% I include it because I talked about it the whole way-- I actually own the name further back a few weeks. MOBI been berry berry good to me. Today's early focus-- QUIK from our watch page (pg 1 of thread) - Got some vol got some movement now $5.35. Might just flip GLUU for Qikk which would be a 1 for 1... we'll see.--> Also INVN. Wearable tech play looks primed to make a big move. I've owned it for a while might be a double up! Also VNET & WBAI. Fed Ex Misses and guides horrible-- blames the weather... Is that Canary ok? The one by the coal mine he looks a bit sick... ~stoney
POOL BREAKS OUT! Pool Corp. (POOL) -Nasdaq 62.23 + $ 2.20(3.66%) Nasdaq Real Time Price Time to break ground on that POOL. Great News it looks like POOL is going to present at 2 conferences coming up! (a) March 18 @ Sidoti and (b) March 19 at BAC!!! GTAT HITS $19! ~si
Good Post Janet Yellen Thursday! Yes she makes me nervous. My wife's stepfather went to school with her and assures me she's smart-- I think it's because of the large and wise shadow before her--she is now floundering a bit. In general you don't want your fed chief to look slightly confused and speak of time frames off the cuff. The Senators must be salivating at what they'll be able to pry out of her. The funny thing is these stock jockeys who are shocked at 6 months time-- in real life they'll admit six months is FOREVER. My word what I can accomplish and destroy in just three months. When you look at the market every day for a trade idea, six months is very long indeed. Yesterday they would have you believe it was too fast-- you can't have it both ways. Speaking of having it both ways-- The strength of the economy is suddenly being talked about positively--- whoops Briefing!!!! Boy they blew that one, now suddenly folks are pointing at possible 3% growth next year... I see something a bit different brewing. My feeling is that we are going to SPURT out of the SPRING gate... that is for the stock market Spring will come IN like a LION and... you guessed it go out like a Lamb. So many of us are just dying to spend some money... I'm itching to buy something, anything, I've forgone two years vacations saving, I've not gone out to dinner very much, I've hid inside up in Ct on weekends as icicles the size of trees enveloped my home. Many times when normally I would of been out and about buying stuff I was not. Warm weather will unleash the inner shopping beast in all of us. As an investor you can place yourself ahead of this rush by choosing stocks wisely. What will be in favor now? Well most Giant sized icicles do damage and certainly my gutter system brand new almost has ruptured. Home Improvement ought to see a big BUMP up. Lumber Liquidators comes to mind as does the obvious Lowes, HD. For me the attractive stock is TRACTOR SUPPLY. They are buying back massive amounts of stock, they have a chart re approaching an old high and they serve into a market where cost cutting is not such a big deal. Myself, I love to Garden!!! It's my everything, my way to get back to nature and to get a work out every day. I like hard work in the field, I like to plant I like to farm. Now of course there will be no gardening or planting on the west coast and that's a big market in fact lawns will soon be something only rich people are allowed in LA as drought settles in. On the West Coast the market is in landscaping-- of a queer way-- they are ripping up lawns left and right and planting a Desert landscape of plants that don't need water and stone paths... it's horrible looking and depressing as heck. Find yourself a way to play the SPURT in GROWTH here and the URGE to farm on the East coast and throughout the middle of the country-- there are interesting retail names. LL, Cabellas (CAB) & Tractor Supply (TSCO). I'll leave out my summer thesis for now and just say I see a great spurt here, a rise in stocks and a whole lot of talk coming down the line about how stocks don't tun on a dime and start selling off at the FIRST rate rise... - TSCO - Other Buys Today-- INVN. I'll give you the whole thesis here on INVN later -- I have to start gathering tax crap -- This is a great tech name in the right place at the right time and part of the wearable tech movement that is certainly going to be one of the big stories of the year and next Christmas. WATCHING - AMBA - These guys sell a motion chip and I don't like the way the stock has been acting. Unfortunately i own it in my large account-- it could be setting up for a big BOUNCE back at the first whiff of the GoPro IPO which is the company they sell most of their chips too! WATCHING -VNET - It's tough as heck to separate these Chinese stocks, which ones have some real heft behind them and real numbers, I was impressed that this name did NOT sell off yesterday after having a nice day or two and there's lots of analyst chatter which if nothing else shows you that some smart people who work at big banks are also fooled buy these guys. VNET is sort of a backbone to the internet play In china and a big one at that. One last thing. I noticed in the new format here on ET - there was a list of threads to the left that are called hall of fame threads or best of... How are my many many great trading threads of the past not represented there? You should of seen this place and stonedinvestor in the old days when stocks were flying before the big crash-- we've given out some amazing names that have gone on to greatness names you never would of thought of-- alas the great wipe out makes one sell doesn't it and I sit here now before you with none of those names in my account. So it's on to new names and Better Things, I'll enable this thread now for comments in case any of you have any. SPRING HAS SPRUNG! ~stoney
Hello Stock Pickers- I apologize for not commenting on the recent down turn of the market I had to take a few days to get my taxes in order. There is great frustration across the investing landscape as suddenly many shares are back to where they started the year in Jan. In fact the market as a whole is right about where it was on on Dec 31st. Certainly an argument can be made that we are tired and topping out but just as easily an argument can be made for Severe Rotation. Charts of Value stks overlayed with growth stocks show-- surprise-- that this weakness has been going on for a month in growth stocks we were just so blinded by making money on the good ones we missed it. What Can We Do In These Desperate Times? Well we removed the speculative speculative names in the ET portfolio with an eye to getting back in when the dust settles-- Gone is dear GLUU & YOD. & SWIR We keep our eyes open for value stocks on the move and have isolated buys in (a) Boston Scientific BSX and (b) Bank Of America BAC, (c) QCOM, and (d) CCC (Calgon) -- we also look for a special opportunity to hide funds in. Is there a stk we can maintain a position in that still could have a growth like blast off? I think I found that name in a biotech ECYT. These guys have a very interesting cancer drug that sent ECYT skyrocketing last week. Then of course the secondary that they didn't have to drop was announced with no pricing. With the stk down 5-6% yesterday I bought in a large amount under the assumption that the secondary would be priced tight to the now falling stock and that once completed the secondary price would provide a more firm floor than many of these other biotech's have. It's an old strategy I have used before. Treading water before hopefully another burst of good news... which tends to be released after one of these secondaries to reward the buyers of the new stock.-- So we bought ECYT at $25 yesterday even as we were dumping some speculative names. If the strategy works it will show that you must be on the lookout at all times for interesting longs even when the stk market is plunging. Now as for the Base Stocks of The Portfolio -- I always factor in a lot earnings work and reserarch on the fundy side into my picks so although they are up a lot more than the market for the year as is my account... I think they can still keep working because there is value there to some extent. Consider: HAR @ $105 about $6 from a 52 week high and up 28% ytd while the market is flat. Consider: VM Ware up 17% ytd. Consider these leaders THAT have great earnings not earnings on the come. I will go through the whole account with you all as the day progresses. For today Watch: BSX // CCC // QCOM // BAC // YY // VNET Economy Watch- What to make of - A growing number of Americans quitting the labor force being likely gone for good- a cautionary note to the Federal Reserve as it tries to gauge how tight the jobs market is and how quickly to raise interest rates. For a long time, data suggested a significant portion of the decrease in labor force participation was because many job seekers had grown frustrated with their search and had given up looking. If the job market tightened enough, the thinking went, these Americans would be lured back to hunt for work again. But a different picture is now emerging. Data shows participation in the past few years has fallen mainly because Americans have retired or signed up for disability benefits. Just given up and laying around playing the lottery-- like most of Europe. "The data suggest that the recent exits from the labor force have been more voluntary in nature than was the case in 2009, when the economy was weak and job prospects were dire," said Omair Sharif, senior economist at RBS in Stamford, Connecticut. According to economists who have analyzed Labor Department data, 6.6 million people exited the workforce from 2010 and 2013. About 61 percent of these dropouts were retirees, more than double the previous three years' share. People dropping out because of disability accounted for 28 percent, also up significantly from 2007-2010. Wonder if they're all telling the truth? Of those remaining, 7 percent were heading to school, while the other 4 percent left for other reasons. In contrast, between 2007 and 2010, retirees made up a quarter of the six million people who left the labor force, while 18 percent were classified as disabled. About 57 percent were either in school or otherwise on the sidelines.-- Wait let me get this straight last time around they all went to school and got these skills that these employers are pretending they can't find in their job searches.... Someone is lying. "This suggests the current drop in the labor force is more structural in nature," said Sharif.- Yup. If so, there is less hope of luring people back to hunt for work as the jobs market tightens, as many Fed officials believed would be the case. And the U.S. central bank, which has held benchmark rates near zero since December 2008, will likely need to push them up sooner than they would have otherwise.- YUP Some Fed policymakers, such as San Francisco Fed President John Williams, are starting to acknowledge that structural factors are playing a big role in the labor force's decline. In a speech last month, Williams said the slack in the labor market could be "much less than assumed," cautioning that inflation could rise more quickly than currently anticipated. The unemployment rate for people out of work for six months or less was at 4.2 percent in February, well below its 5.2 percent post-recession average. The number of short-term unemployed workers is now at about the same level as in 2004. As for the long-term jobless, their ranks are still more than double their 2004 level.:eek: Some economists say the dwindling pool of attractive workers may already be leading employers to bid wages up. Average hourly earnings for production and nonsupervisory workers notched their biggest gain in four years in February, even as some broader measures showed little acceleration. That's not good. "With the short-term unemployment rate already back to its pre-crisis level, any further declines will put upward pressure on wages and ultimately inflation," said Torsten Slok, chief international economist at Deutsche Bank Securities in New York. "For the Fed, the problem is we are still having a fed funds rate which is zero. I think the Fed will start to change its tone, most likely in the second half of this year."
Well obviously it's been a week or two of opening strong and closing lower and we have given back a year's worth of gains and many stocks have been crushed so the ET Portfolio is hurting a little bit. ROSG- Bought at $6 looking at $5.Comment Why is this still in the account? A. I have no idea. GTAT- You had a $3 gain stoney why didn't you sell? Did you really think this was going to the moon? Yes. Still in the account! MTW- Crane maker. Bought $31.50. Now $30.72. Comment: Considering the blistering year performance a good pull back but one indicating this stk is still an out performer. I hope. HAR- Fancy audio for high end cars. $106 Buy-- $ 105 now. Same annoying dollar loss but considering the powerhouse nature of the name... here is another example of what you are looking for now: stocks with the potential to move up mid sized stocks with some huge growth under the hood and some underlying value that should attract value investors at some point. POOL- $ 58 Buy. $ 60 now! Phew at least we have one winner here! MBUU* - Bought @ $ 22 Right there still $22. Steady I guess. I love this name. VMW- Brand New addition. ECYT- Brand new addition. >>>>>>>>>>>>>>> That's it! UBNT - This one was not handled well at all considering it was a swing trade. I'm embarrassed to say I let a $4 plus dollar gain in just a few days get away; just whittled down to zero before I sold. Wasted trade. It's still going lower and I forgot i put some shares in a different small account . Great. -> GLUU, SWIR & YOD All Dearly Departed... The tenure of the market has changed and so shall our stock picks. I hope. Adaptability is important. The big question- this sudden 3% growth for the economy-- whether it actually comes hard and good news drives stocks up for a while... or this attention to the weather, has masked an earlier steep downturn? As for the entire house of cards, this China debt crisis type event with their version of the bad loans and the shell banks-- all of that exploding in some weird way could that ripple onto our shores? Most think the China Gov can borrow so easily they will contain any bad bank event. It feels a bit like shuffling the chairs on the Titanic- China does and in fact that's how the market here feels as we take a peek this Thursday. ~stoney Watching: ZLTK, BSX, CCC, QCOM,YY,VNET,KERX,INO