Fitbit (FIT) reported rather dismal Q1 2017 metrics last week, but even so shares of FIT rose sharply. Why you might ask? As I mentioned in the article Fitbit Retrenches: The Bottoming Phase For A Hardware Company, FIT shares were already expressing a valuation that assumed the worst for the company, trading near book value. “Shares of FIT likely won’t appreciate…
Fitbit’ Q1 2017 Results Highlight Inventory And Average Selling Price Reductions
A financial market resource for the every-day investor and trader.
-
Ignore The Headlines; Absorb The Opportunity
Seth Golden, , Research Reports, 0
Despite another positive weekly performance by the S&P 500 (SPX) this past trading week, it didn’t really feel that...
-
The Leuthold Group: Technicals Say The Bull Has Time On The Clock
Seth Golden, , Research Reports, 0
The Major Trend Index held at a Neutral reading for the week ended July 26th. A second consecutive weekly...
-
The Market’s Muscle Memory
Seth Golden, , Research Reports, 0
Can’t say it hasn’t been an interesting Q1 2023, right? With the New Year getting off to a sizzling...
-
So They Say Shorting Volatility Is Like Playing With Dynamite…
Seth Golden, , Research Reports, 0
I leave the country for one week, one week and return to discover that volatility has remained relatively low....
-
Merrill Lynch Capital Markets Report For June
Seth Golden, , Research Reports, 0
Macro Strategy—Equity Market Climbs A “Wall Of Worry” Yet Again: Moderating domestic demand growth, big energy price declines, loosening...
-
Weekly State of the Market: Cloudy Markets With High Probability of Sunshine Forecast
Seth Golden, , Research Reports, 0
Maintaining good disciplines during price consolidation periods: 1. Are the “yea buts” greater than a self-induced economic shutdown and...
-
All Good At The Surface, But A Deeper Dive Identifies…
Seth Golden, , Research Reports, 0
Since the S&P 500’s 8-day win streak ended on November 8th, I think we can say that the market...
-
Above Average Times And Downtrends
Seth Golden, , Research Reports, 0
It is not often that Finom Group is tasked with delivering a pessimistic interim outlook, but technicals are delivering...
Recent Articles
Featured Products
- JPM Market Recap $0.00
- JPM Research Note $0.00
- JP Morgan Market Volatility Report $0.00