Markman Capital Insight

Why robust labor data means big profits for banks

May 22nd, 2015

The April Job Opening and Labor Turnover Survey continue to add support to the idea the weak March payroll report was an anomaly and that the job market is rapidly moving towards full employment.The quit rate rose to 2%, suggesting the balance of power in the labor market is finally shifting from employers to employees. This also suggests wages, a powerful...

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How China manufactured a stock market rally in the nick of time

May 19th, 2015

We've been writing about the advance of Chinese stocks of late, and wow -- look at them go. The chart above records their moonshot this month, up 18.7% with upside gaps many days that show a lack of sellers. For sure, I should have recommended that we enter these stocks via an instrument like iShares China (FXI) before now, having been a gawking bystander....

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Why Tesla's unbridled ambition is a really big deal

May 19th, 2015

One of my key thoughts this year is that increasing economic competitiveness of solar panels relative to fossil fuels will result in a surge of new installations by private homeowners and utilities.A similar dynamic is underway in complementary battery technology. Not only are these lithium-ion cells used in electric cars, but they are necessary for...

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Teva's bid for Mylan will get ugly

May 19th, 2015

The melee of the molecules continues as Teva Pharmaceuticals (TEVA) pressed its unsolicited offer for generic drug maker Mylan (MYL).Teva is quite the avid pursuer, as it just closed its purchase of Auspex Pharmaceuticals (ASPX) in March to get access to its portfolio of central nervous system treatments.Mylan is playing harder to get, however, because...

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7 reasons you should invest in animal medicine

May 19th, 2015

7 Incredible reasons you should be investing in animal medicines Pharmaceuticals giant Pfizer(PFE) has been the standard bearer of the drug development industry for decades. The company has been around over a century and a half, and is now valued at over $214 billion.If you feel like you have missed out on the past 150 years of upside, well, there's...

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This is why Amazon and Netflix are making new highs

May 16th, 2015

Amazon.com (AMZN), everyone's favorite do-everything retailer, has a market cap near $200 billion and trades at a forward price/earnings multiple of 165x -- making it about 10x more expensive than the average large-cap stock.Meanwhile, Netflix (NFLX), which has redefined the television viewing experience, weighs in at $34 billion market cap and trades...

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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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