Markman Capital Insight

Why Fitbit's IPO Could Soar

May 15th, 2015

Now let's turn to a more interesting subject -- tech product development.Fitness wearables maker Fitbit (FIT) filed for a $100 million initial public offering last week on the NYSE, bagging a cute ticker for a company that's poised to undercut Apple (AAPL). To cut to the quick: While Apple will try to dominate the market for high-end...

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Why Verizon Bought AOL

May 15th, 2015

Everyone of a certain age remembers AOL (AOL) for the ubiquitous CDs the company sent out to encourage people to go online in the 1990s. And most of the news stories on Tuesday focused on the company's content, like Huffington Post or the fact that it's still selling dial-up internet access to more than 2 million people for 20 bucks a month. But...

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Is Yahoo! Really Worth Nothing?

March 30th, 2015

Academics love to say that the market is efficient and reflects all publicly available information with Vulcan-like logic and lack of emotion.Yet any third-grader with experience in a sandbox knows that's not true. Manias, panics, enthusiasm, dejection, envy and regret cloud traders' judgements, and result in persistent mispricing.It looks like some...

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Transports Slow Down

March 13th, 2015

In the two years between late 2012 and late 2014, transportation stocks -- cargo and people movers like UPS (UPS), Southwest Airlines (LUV), and CSX (CSX) --  were the place the be. TheDow Jones Transportation Average gained nearly 90% in a rise that was as unstoppable as a freight train; more than double the...

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The Drag of a Strong Dollar

March 12th, 2015

The setbacks this week have pushed the S&P 500 under its 50-day moving average for the first time since January, and the benchmark index is now down 1% for the year.The damage is getting serious: The percentage of NYSE stocks above their 50-day moving average has declined to just 44%. And this is not a matter of a bunch of nobodies getting hit....

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Dawn of the iDow

March 7th, 2015

Apple (AAPL) is completing its journey from renegade to matron with the announcement that it would be joining the Dow Jones   Industrial Average, effective  March 19 taking the place of old Ma Bell, AT&T (T). The move was prompted by a 4:1 stock split by Visa (V) which would have reduced the weighting of information technology...

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MUSA Gasses Up

January 10th, 2015

Shares of companies specializing in refining gasoline and selling it via gas stations have proven to be one of the best ways to profit by the plunge in crude oil prices. Gasoline retailers earn their widest profit margins when they can buy crude oil, their main raw material, as cheaply as possible. The development is quite interesting because over...

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AOL Beats, Guides Up, Crows "We've Got Buybacks!"

January 6th, 2015

Some good earnings news emerged Wednesday from fallen dot-com star AOL (AOL), which reported a top- and bottom-line beat for Q2 as well as announced a $150 million buyback program thanks to a 20% increase in ad revenue. Shares gained nearly 8% as a result.Before Amazon.com, before Yahoo!, before Google, before even the term...

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