Falling Forty

In an effort to keep you readers engaged while I study for midterms I wanted to post a brief analysis on the two companies that fell greater than 40% today based on finviz.com.

1. [RTK]

Valeant [VRX] Reversing Trend

Valeant Pharmaceuticals International, Inc     [VRX]


I wish I had been able to post this on Monday when I saw this. Before the subsequent 12% trip up. Valeant had formed a reverse head and shoulders. 

Down 40%!? [LNKD example]

     Aha, misleading title. This isn't about a specific stock that's down 40%. You didn't miss any huge news. No worries. I wanted to talk about losing 40% as a short term buying opportunity. If a stock falls 40% in one trading day, wouldn't that seem like a great opportunity to buy? Sometimes. To buy that stock there would have to be certain things you believe in and certain things you look for. 

Strategy? [TGT]

     There has been a lot of news and prominent investors coming out and saying a load of different things. Some argue that all of Trump's plans will encourage growth and the stock market will continue its bull trend for the foreseeable future. Others are saying that a tax cut could increase the debt dramatically and lead to a market correction. It has been very frothy lately, not wanted to move too much higher of lower since mid December. Seth Klarman in his note to his investors wrote that he is moving toward a larger percentage of cash in his portfolio because he believes there is more downside potential. 

Does Apple Have What It Takes?

Apple  [AAPL]

     There comes a point in time when the greats fall. The Ottoman Empire, The Roman Empire, Yahoo, and Apple? They have a market cap of $639.51 billion dollars which makes them the largest publicly traded company. They have had mounds of success thanks to Steve Jobs development and new ideas. Since Jobs died of cancer Apple hasn't come out with any great, new ideas. Items that would blow your sock off like the iPod, or the iPhone, or even the iPad. But things seems to changing.

Strong Doesn't Always Mean Better

     There has been a ton of talk about the strength of the dollar recently. Some people who don't know so much about it might automatically think that strong would be good. The dollar must be doing great and everything is coming up roses for America. That's how I was a little bit ago before I finally understood the basics of the foreign exchange. I'm just going to provide a very basic example of why the strong dollar isn't necessarily a good thing for some aspects of the United States.