Interesting tidbit on the TIF beat: I alluded to this several weeks ago, regarding a Sterne Agee research note that pointed to a 92% correlation between TIF sales to stock market returns. In other words, they made the case for a TIF beat based solely upon the strength of the stock market. It actually makes a lot of common sense to me, especially because they are a luxury retailer. Not as impressive, but 2nd and 3rd on the list, was ANN and TLB. Food for thought.
The market has stabilized since this morning’s dumpout, led by the financials–now up 0.3%. A lot of stocks on my screen are still red; but some have managed to reverse course and head higher. Although I’d like to believe we’ve seen the days lows, I will not be committing new capital unless we get a steeper correction. I am interested in buying more YELP and starting position in both JWN and BID.
One sector bucking the trend are the ag stocks. I don’t know why. However, we’re heading into the planting season, so my money is on the shenanigans of the fucking farmers. Perhaps those greedy bastards are trading on some insider knowledge that there isn’t gonna be enough food for the world this summer and we’re all gonna starve to death. That would be glorious news for “ag plays.”
Personally, I like my positions here and glad to be rid of that disaster VXX. If forced to choose via shotgun to my head, I’d say YELP is going much higher and soon. Aside from the fact that YELP has 66 million users and is one of the more useful social media companies publicly traded, I find it indispensable. There have been a few occasions where I’ve taken a personal liking to products, only to see their share prices take off without me.
Off the top of my head, I loved the products of the following companies, but failed to hold onto the shares: MNST, BWLD, CMG, PNRA, AAPL, GMCR, WFM etc.
Bottom line: YELP is a fucking winner; you just don’t know it yet.
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seasonal strength in ags; MOS, AGU the flavors du jour.
I use Yelp every once in a while (and have nothing against the stock going higher), but there are way to many “Cherry Blossoms” whose reviews are such horseshit. Ex:
“The flavor starts innocent enough but by the time your bite is approaching its finale the smokey cheddar is balancing nicely with the savory beef. The bun was okay, more of a supporting cast mate, yet utilitarian enough to hold your juicy precious cargo without bowing out towards the end.”
That excerpt is from an essay length review for a hamburger at a bar/grill.
Accumulating YELP and TEA does sound like a great plan. Problem is I just know there will be a nasty correction around the corner that will take me out like when I had BWLD.
Is there much of a barrier for a company to enter into the “online review” arena? I could see Facebook adding this feature and doing Yelp some serious damage.
I like this post
could be double bottom yelp 19.40
I had some HANS long ago and sold it at a loss. Just add some more YELP
yelp= craigslist 2.0… kind of
TIF is growing because of Asia/Pacific and Japan. The rate of y/y growth and nominal dollars of revenue growth versus the US market is greater. And if that corollary were to hold we should see FXI up 36% y/y (TIF reported y/y net sales in Asia/Pacific) and yet their market index is DOWN 20%. Sales of TIF in Japan were up 13% in 2011 vs 2010 and their market was down >17%.
I’d guess that there are other factors than stock market returns affecting sales of TIF, but nonetheless, the causality can be reinforced by the idea’s creator vis a vis relative stock performance, endangering them creating an obfuscated feedback loop.
what products does everyone here use that they love or do their spouses use. GMCR, AMZN(their retail/books website, and to some extent kindle, but they can’t compete with AAPL for tablets right now), AAPL (of course),NFLX,
wfmi
largest recurring expense.
forgot that one.
Thnx
FLY
As for AG space, perhaps it has to do with Glencore purchasing VT.TO, and selling 90% of retail operations to AGU, and Glencore merging with Xstrata?
SLV buythedip
YELP Traffic stats support your growth hypothesis:
http://siteanalytics.compete.com/yelp.com/
This market needs some diversion. Bio tech still have spec plays for thems thats gots some play money, play time and playground. AIS, NAVB, PIP, AEMD giving chuckles to this smirking senior.
GTXI is Citi’s top biotech pick for 2012, $19 target. (From the same traders who highlighted ZGNX, QCOR, and ACUR).
What do you think of LOCM? Same amount of traffic as YELP with a 50M market cap.
On Fri evening, while you were drinking beer, yelling at the teevee watching some silly roundball game; your Commander was working tirelessly on your behalf.
http://www.sovereignman.com/