TDI Podcast 163: Najarian – The Goldman Sachs (GS) Fetish

May 30, 2010

Guest: Jon “DRJ” Najarian discusses the markets, options and some of his favorite stocks. We also get into the markets of late and how Thursday was a day that appeared that all was fixed…but was it? Andrew starts off with some economics and market internals. Lots more….



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Jon ‘DRJ’ Najarian is a professional investor, noted media analyst and speaker, and co-founder of optionMONSTER®. Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Read more


Sunday Fun: Two Trillion Tons – A Good Laugh!

May 30, 2010

So, what do you think? Recovery because of the bailout or in spite of it?

This is too funny. What next? Perhaps another round of stimulus?

Veeco Instruments (VECO) – LED to Light the World

May 28, 2010

Veeco Instruments (VECO) is a play on the booming LED industry. Used in television and lighting, the need for the technology is placing demand at levels that are tough for suppliers to fill. While there is some competition (CREE as an example), other are considering entering the market. In fact, just yesterday, Rambus (RMBS) put out news that they are looking to start a division to focus on LED.

A quick intro to MOCVD – Metal-Organic Chemical Vapour Deposition. This is a technique for depositing thin layers of atoms onto a semiconductor wafer.

The company has a growth rate that has been somewhat erratic with the last few years have booming from the green-energy movement.

Here are some of the key fundamental facts to consider:

  • Debt – 28%
  • Management ownership : 8%
  • Mutual funds/institutional ownership rising
  • P/E – 44
  • ROE – 3%
  • Projected Earnings Growth Rate: 30%
  • 2009 EPS $0.28, 2010 EPS (e) $3.48, 2011 EPS (e) $3.59
  • Market Capitalization: $1.6 billion
  • 50- day Average Volume 2.7 million shares

Probably the most impressive driver behind the stocks potential is that demand for energy-efficient lighting is growing at a rapid pace. In addition, the use of LEDs as a longer lasting technology for video displays is also a very lucrative opportunity. Read more

A Few Eco Charts to Chew On…. Is This Recovery Still On?

May 28, 2010

Mortgage applications showed a nice weekly improvement. This is one of the unintended consequences of the Euro crisis that is providing a nice amount of relief to interest rates in the U.S.

Applications are not the best indicator as they are similar to Pending Sales and only provide interest levels, rather than actual sales. Read more

Chart: Clearly Showing the S&P Resistance Level

May 27, 2010

Whether or not you think that it is Voodoo or just some lines drawn randomly on a chart, there is a good deal of respect for support and resistance points. Fibonacci retracement levels produces some very important points to consider as these are watched closely by traders.

Notice that today the S&P 500 was stopped dead in its tracks, right Read more

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