Today’s tickers: MJN, BMY, FTR & FDO MJN – Mead Johnson Nutrition Co. – Over the weekend Bristol Myers Squibb decided to sell its remaining 83% stake in Mead Johnson, maker of baby formula, Enfamil. Mead...
Read MoreHappy Monday! Hope you all had a stupendous weekend. We are ready to get this weekend started on a good note with some solid investing today, following up a strong Friday. I will get back to Friday’s pick after we get to...
Read MoreGood morning! Japan had a huge GDP beat (+1.2% for the Q, 4.8% annualized)) and they leaked it early (to oil executives!) but, strangely, deflation is accelerating at the same time. That’s great news...
Read MoreThis was an annoying week for bulls and bears alike. We had a very exciting day on Monday, topping out at 10,248 but I didn’t like the way we got there (low-volume, commodity rally, as noted in David Fry’s chart)...
Read MoreToday’s tickers: GENZ, AGO, UUP, PALM & DIS GENZ – Genzyme Corp. – – A hot topic in the last few minutes has seen shares of biotech company, Genzyme slide by 5% to $50.50 with the AP reporting that...
Read MoreHere is a great metaphor for the emptiness of the global recovery: An entire city in China, tens of billions of dollars in construction, sits empty. They also built the World’s biggest shopping mall, also...
Read MoreHello Oxen Report family. I am sorry I have been in and out this week. I have had a really hectic week and just have not been able to get to everything I needed to here on the Oxen Report. I apologize for that. I was not able to...
Read MoreToday’s tickers: UUP, VIX, FSLR, HMY, M, GMCR, CTRP & DOW UUP – PowerShares DB US Dollar Bullish Fund – A pair of bullish risk reversals on the PowerShares US Dollar Bullish Fund suggests today’s...
Read More“California tumbles into the sea.” Yes, Steely Dan predicted it in 1973, when Ronald Reagan was still Governor but we thought they were talking about earthquakes at the time. This year it’s clearly...
Read MoreToday’s tickers: WFC, AMR, PG, DRYS, DTV, M, EMC, WYNN, TOL & SFD WFC – Wells Fargo & Co. – A popular option strategy frequently employed on Wells Fargo, the ratio put spread, appeared once again in the...
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