Derek and Damien Hoffman
New York City - http://wallstcheatsheet.com

Wall Street Journal recently ranked Wall St. Cheat Street as one of the top finance blogs on the web.

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Is Brocade the Next 3Par?

Brocade logoThe tail-end summer heat has been heavily attributable to the mergers and acquisitions blaze. Companies are putting their cash to work on public companies fetching discounted equity prices in a market environment favoring safety (e.g., gold and bonds).

Recently, Hewlett-Packard (HPQ) edged out Dell (DELL) for the 3Par deal award. With an eye toward the future, HP displayed their powerful desire to own a piece of the data storage and cloud computing pie. Since Dell ended empty-handed, it's only a matter of time before the next stock is a tech heavyweight's prime target.

Continue reading Is Brocade the Next 3Par?

Google's Stock Is Sexy Once Again; Shares Top $500

Is your appetite for stocks warming up again? In just under a month, Google's (GOOG) share price has risen over 16%. Last week, Wall St. Cheat Sheet's tech analyst Elliot Turner looked at the possible impact of the Android on Google's earnings. This week, everyone in the world learned the Android is outselling Apple's (AAPL) acclaimed iPhone. Once again, the search giant Google is back in play, but this time for a different reason: mobile.

Last month, Ericsson (ERIC) reported the number of cell phone subscribers in the world reached 5 billion! Google has its eyes set on the high growth market where, upon entering, they can flip the search switch and monetize the mobile ad market quickly and swiftly.

Continue reading Google's Stock Is Sexy Once Again; Shares Top $500

Nintendo Powering Down Ahead of 3DS Launch

Nintendo logoThis winter should be an exciting time for video game companies. Unfortunately, at the moment fan favorite Nintendo (NTDOY) is powering down.

Nintendo announced revenues of only ¥189 billion, much lower than the consensus estimate of ¥212 billion. Earnings came in at a ¥197 loss, widely missing the consensus estimate of ¥34 billion.

Continue reading Nintendo Powering Down Ahead of 3DS Launch

A Best-in-Class Entertainment Stock: WWE, Still King of the Ring

"To all my little Hulkamaniacs, say your prayers, take your vitamins and you will never go wrong." - Hulk Hogan

When it comes to live entertainment, there is only one rock solid company that continues to pay an eye-bulging 8.8% annual dividend to its loyal fans and shareholders. What is that company, you ask? Not Live Nation (LYV) and not Warner Music Group (WMG). It's none other than World Wrestling Entertainment (WWE).

Continue reading A Best-in-Class Entertainment Stock: WWE, Still King of the Ring

Will Morgan Stanley Go for Goldman's Jugular?

After Goldman Sachs (GS) was forced to admit they misled investors, the king of high-finance fumbled the proverbial ball. Is Morgan Stanley (MS) recovering the fumble?

Continue reading Will Morgan Stanley Go for Goldman's Jugular?

Video Game Sales Continue Decline

Video games are clearly one of the biggest multi-decade trends. Even Best Buy (BBY) has redesigned its floor plan to heavily focus on videogames, and also recently got into the used game business to compete with juggernaut GameStop (GME).

Despite the macro tailwinds, video games are a cyclical sector that depend on the lifecycle of a console as well as game release schedules. This year, the sector has particularly struggled as a result of weaker games and investor fears that mobile games will eat into demand for console games.

Continue reading Video Game Sales Continue Decline

Emerging Opportunity Rising in Singapore

Singapore flag Recently, Singapore flexed its muscles, issuing a GDP growth report from April-June of 19.3%. The Singapore government has also raised 2010 projections to 13%-15% GDP growth. For now, forget Spain while it is on World Cup siesta for who knows how long, and forget any other European sovereign debt-ridden countries. Why look there when you can invest in a growth story like Singapore. So how can you play Singapore?

Since June 1, 2010, ishares MSCI Singapore Index (EWS) is up 11.6%, currently trading around $12 per share. EWS is the best pure way to play Singapore's shining future.

Continue reading Emerging Opportunity Rising in Singapore

Are Gold Critics Accurate or Simply Haters?

Our Wall St. Cheat Sheet framework is successful because we start by finding the biggest trends and then ride them like pro surfers. Currently, the biggest trend in the world is fiscal/monetary stimulation to ward off crippling sovereign debts and economic depression.

Unless we believe the world can simply grow its way out of the global debt crisis, gold and silver will benefit at the expense of paper currencies. If you think people are losing confidence in paper currencies now, wait until it's time to pay the tab for such imminent bills as the $13 Trillion US debt (along with the additional ~$40 Trillion off balance sheet liabilities such as Social Security and Medicare). This isn't as simple as filing for personal bankruptcy.

Continue reading Are Gold Critics Accurate or Simply Haters?

Six Miami Companies Heating Up with LeBron James

LeBron JamesCleveland fans are angry and still in denial, while South Florida is jumping for joy and celebrating the region's king catalyst for the housing market turnaround. On the evening of July 8th, LeBron James officially placed a catalyst for a potential bottom on the fledgling South Florida condo and housing market. Season tickets at American Airlines were already sold out in anticipation of the King James arrival to the city of Miami. In the words of Minyanville's Todd Harrison today, "Inspiration is a beautiful thing."

Nobody could be more excited and inspired with the King James confidence booster than the following employees of these six companies:

Continue reading Six Miami Companies Heating Up with LeBron James

DOW Breaks 10,000 for the 10,000th Time

Well, not exactly 10,000 times, but it sure feels like DOW 10,000 has been crossed many times this year. The global economic picture is quite mixed: up-and-down, choppy. But one thing we know for sure is all eyes are now on the U.S. domestic earnings, which kick off July 12th.

On June 25th, we sat down with Aaron Task at the Yahoo! Finance TechTicker studio and shared our 6 Reasons the Markets WON'T Crash. Our #1 reason illustrated that the consumer is not dead, and technology companies are surprising lots of pessimists. Since then, we've seen a consequential follow-up of bullish tone on the financial markets from James Altucher to Doug Kass this week.

Continue reading DOW Breaks 10,000 for the 10,000th Time

Two Signs the Economy Will Survive

economic recoveryThe mainstream media is overflowing with hyperventilating bears preaching about a depression. All fear-mongering aside, we see two very positive developments in the U.S. economy: retail and corporate spending.

1. Retail Spending

The International Council of Shopping Centers has announced that retail sales expanded at the highest pace since September 2006. Luxury retailers posted an eye-popping 8% rise in sales. Seems like consumption is our culture. Some people think the U.S. consumer has changed. Personally, I would never bet against the DNA of a tribe ... and ours is shopping. As my brother Derek said, "In the Great Depression we had bread lines. Now, there are Apple (AAPL) iPhone 4 lines." That is a mind-blowing distinction.

Continue reading Two Signs the Economy Will Survive

Early Financial Fireworks Hit the Markets; Will the U.S. Emerge the Leader in the Second Half of Year?

With all the mixed signals driving uncertainty and worry lately, the consensus has been a foggy windshield with no clear direction. We can't even tell if one of the largest bear market rallies in history is fizzling or pausing.

On Wall Street, uncertainty is certainly a buzz killer for the irrationally exuberant. If you need a towel to wipe away the fog, take a look at Your Cheat Sheet to the Psychology of Market Cycles.

While contemplating where we're headed, let's take a look at some data points that indicate the US has the potential to lead the world out of this recession ...


Continue reading Early Financial Fireworks Hit the Markets; Will the U.S. Emerge the Leader in the Second Half of Year?

Symbol Lookup
IndexesChangePrice
DJIA+86.7712,718.77
NASDAQ+17.522,911.28
S&P 500+10.651,341.31

Last updated: May 16, 2012: 10:33 AM

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