Non-union? fire them all.Amazon took a bit of a hit today due to this strike today. May buy some cheap calls for next month.
The global strike action for one of the biggest shopping days of the year was called for by the campaign Make Amazon Pay. They have titled the protests and action 'Make Amazon Pay Day'.www.dailymail.co.uk
You used trailing earnings? You aren’t buying the earnings that have already happenedFile this under data that may interest no one. I like earnings. Specifically positive earnings. When you look at EPS, the varying share prices can skew the numbers you are comparing. Look at GOOGL and AMZN post 20:1 split. GOOGL EPS went from over 100 to 5. Now if you owned it, its ok because you got 20x the shares. But what if you didnt own it yet and are looking at stocks to buy? EPS is good, but it takes some mental calculus when looking at NOC at $528 a share vs T at $19 a share. Yes a share is a share, but your dollars buy X number of shares based on the price and buying shares is about buying earnings. So I sat down this morning and put a formula in excel to normalize EPS to a share price of $100. This tells you if you invest $100 in a stock, how much earnings are you buying. This allows you to examine multiple stocks' earnings on a level field for investment purposes.
i took some stocks I own/watch and then added some across a number of sectors. The obvious variable not included is revenue growth. Old value stocks tend to dominate this chart because they are basically out of revenue growth. You get what you get. This also showed me some stocks with growth still in their future are surprisingly strong in earnings also. META is the biggest example of this. Does this mean META is underpriced by the market relative to its earnings? Maybe. Are AMZN and TSLA overpriced relative to earnings? Maybe. I think my next step will examine PEG rations and revenue growth in general.
View attachment 444596
Gotta have those fancy Christmas presents yo. If you don't buy your wife a new car with a big bow on top every Christmas how can you look the husband in the commercials in the eye?
"The sharp uptick comes as the average credit card interest rate for retail cards – which typically carry higher interest rates than regular cards – hit a high of 26.60%, up from 25.27% a year ago. According to LendingTree, it also comes as more and more retail giants are upping their store card interest rates past 30%."
30 fucking percent interest.