Howard Lindzon
TRENDS - Find them, ride them and get off! Stocks. venture and civilizationDeep Market Thoughts - Global Markets not Cinderella Like…More Like ‘Beauties and the Beasts!’5:59pm Monday, May 12th, 2008
Can’t fight price action and Fedex opened on the lows and closed up on their warning. That’s pretty bullish for today. A break below today’s lows on fedex would be a small ‘Tell’ of future weakness.Combined with the new Crackberry and you had a great day. I even bought a little RIMM as a Twitted this morning.
If you can’t get excited about famine the financial shennanigans of the global banks as well as the Apple, Google, RIMM mobile war than adjust your Prozac levels. We live in exciting financial and technology times and the global markets are serving up meaty opportunities. Yes, I am short Dell and a few ETF’s (some stupidly and some deservedly), my long side keeps growing because price isa dictating the new positions. Today it was RIMM and BABY.
Other than the great weekly list I get from my friends at Blackstar (where I have an allocation), I get 99 percent of my ideas from my once a week look at Investors Business Daily . Unless you are a maniac, you don’t need the paid online version although I see from their newspaper that they are now doing all kinds of stock screens.
As Newspapers become less relevant, Investor’s Business Daily bucks the trend. It won’t manage your money for you and therefore like any idea(s) - it can be poison - but it is an opportunity engine.
I was at Borders this weekend and if you were to buy a Barron’s and a Wall Street Journal you would be out $7.50 and have NOTHING to show for it financially. It is a vicious circle of declined readership, declining advertising and reduced staffs.
If you invest $1.50 once a week in Investor’s Business Daily, you will receive a few hundred good ideas. More importantly, IF there are not a few hundred good ideas, you will know enough to not be buying stocks and saving hard earned investment dollars.
I am working on a simple daily video plan to summarize how I read it and narrow my list of ideas in an entertaining way…hence the video experimenting at my office.
Ventas, Inc (VTR) on Wallstrip…’I see Locked Up Old People’7:09am Monday, May 12th, 2008
Today, Julie takes a fun look at an all-time high that makes you go hmmmmmm .
I love when we have companies nobody would sispect on Wallstrip. It’s a reminder that Apple, RIMM, Oil, Gold are not the only stocks you can own.
It is a market of stocks and you should be focused on price leaders to learn about real leaders.
Your only decision after that is…can it continue.
Despite the real estate mess and credit crisis, Ventas Inc VTR , has rocked. From Google Finance and Reuters:
Ventas, Inc. a real estate investment trust (REIT) with a portfolio of seniors housing and healthcare-related properties in the United States and Canada. As of December 31, 2007, this portfolio consisted of 519 assets, 253 seniors housing communities, 197 skilled nursing facilities, 42 hospitals and 27 medical office, and other properties in 43 states and two Canadian provinces, including 77 seniors housing communities the Company acquired from Sunrise Senior Living Real Estate Investment Trust (Sunrise REIT) on April 26, 2007. With the exception of its medical office buildings (MOBs) and 79 of Ventas, Inc.’s seniors housing communities that are managed by Sunrise Senior Living, Inc. (Sunrise) pursuant to long-term management agreements, it leases these properties to healthcare operating companies under triple-net or absolute-net leases, which require the tenants to pay all property-related expenses.
It has not paid to think about real estate for one reason here…DEMAND. As Julie notes in the show, demographics should only get better. An interesting stock indeed (no position).
Brian takes a look at the technicals:
Lindzonisms
"Due Diligence is for Underperformers".