An aerial view from an airplane

Finding Sunshine In All Types Of Weather

My instrument check ride was already scheduled when I got a call from Larry, my flight instructor. He told me to come out to the airport immediately, today would be one of the best learning experiences he could offer. It was a cloudy, soppy, rainy day; nothing going on, so I drove to the airport. […]

Is Sprint Stock About To Get a Boost?

Is Sprint Stock About To Get a Boost?

While 2019 wasn’t exactly a banner year for mergers and acquisitions, there is a potential giant merger in the telecom sector coming up this year. Of course, I’m talking about the proposed merger between Sprint (S) and T-Mobile (TMUS). A combined S and TMUS entity would have a market cap of around $100 billion and […]

Why Wall Street Forecasts Always Fail

Why Wall Street Forecasts Always Fail

Wall Street Loves to Make Predictions. Warren Buffett famously said that forecasts don’t tell you much about the future, but they do tell you a lot about the forecaster. That’s certainly true. Imagine if you had told someone on January 1, 2019, all the raucous headlines we’d see in the coming 12 months. After learning […]

Simulations Plus Up 7% After Beating Earnings Forecast

Simulations Plus Up 7% After Beating Earnings Forecast

After releasing its Q1 2020 earnings report last week, the stock price of Simulations Plus (SLP) jumped higher. The company beat analyst forecasts by $0.02, with earnings coming in at $0.11 per share versus estimates of $0.09. In the conference call following the earnings release, CEO Shawn O’Connor detailed the excellent quarter and shed some […]

Trade of the Week: Unusual Options Activity in the Consumer Discretionary Sector

Trade of the Week: Unusual Options Activity in the Consumer Discretionary Sector

Synopsis: Recently, there was unusual options activity in SPDR Select Sector Consumer Discretionary ETF (XLY). XLY represents consumer/retail spending in areas that aren’t considered essential products. It’s a good ETF to buy if you think economic growth is going to continue in 2020. It seems someone is bullish on discretionary spending through February as over […]