Category: INO.com Contributors

GameStop Corp. (GME) is an Attractive Buying Opportunity

Posted on by The INO.com Team

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GameStop Corp. (SPX: GME) has been victimized of late by the market’s bearish sentiment for video game retailers. Analysts claim the gaming industry is making an abrupt transition into streaming. In order for this statement to be true, a rather large assumption must be made -- that consumer preferences within the gaming industry are perfectly aligned. This has led investors to largely overlook GameStop’s bottom line growth thus far in FY 2015, in addition to the company’s strong forward earnings projections.


Chart courtesy of FinViz.com

As short interest approaches 50%, GameStop’s stock price has suffered through the turn of the New Year. The stock declined by 19% in less than 2 months after trading at $44.70/sh on November 20th, 2014. With a current price of $36.35/sh, GME is trading 22% below its 52-week high. Continue reading "GameStop Corp. (GME) is an Attractive Buying Opportunity" →

The Ramifications of the SNB Move

Posted on by Lior Alkalay

Lior Alkalay - INO.com Contributor - Forex


By now you’ve heard the news; a Swiss tsunami has hit FX markets. In a historic move that took even the most seasoned investors and experienced brokers by complete surprise, the Swiss National Bank (SNB) has removed the 1.2 floor for the EUR/CHF, effectively eliminating the Swiss Franc’s peg to the Euro. The Swiss Franc, as a result, surged a jaw dropping 38% vs the Euro and 29.7% vs the Dollar in only a few hours, leaving Swiss equities tumbling and Swissie bears crushed. Undoubtedly, this aggressive move and the volatility it generated will be talked about for years. But what does this SNB move say about Switzerland, about the Euro and, more specifically, about the Swiss Franc’s future?
Continue reading "The Ramifications of the SNB Move" →

Safe Haven Test: Gold vs Swiss franc. SNB edition.

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Today is surely Swiss National Bank’s day after it abandoned the cap for EUR/CHF cross which was introduced in September 2011. Swiss franc surged for a record against everything that can be traded. What are the first associations when we are thinking about Switzerland? Yes, first is gold, then luxury watches and of course chocolate. This country has had the gold of the world stored in its banking vaults and a safe currency, but now the Central Bank is nervous because of the currency’s excessive appreciation. So today’s shocking Swiss franc move inspired me to compare both instruments boasting a safe status. Continue reading "Safe Haven Test: Gold vs Swiss franc. SNB edition." →

There’s Still Hope for the Fed

Posted on by George Yacik

George Yacik - INO.com Contributor - Fed & Interest Rates


The minutes of the December 16-17 Federal Open Market Committee meeting offer some hope that the Fed is finally getting over its seven-plus years’ worry that the U.S. runs the risk of falling into a deflationary spiral, similar to what we encountered during the Great Depression of the 1930s.

While deflation, or even disinflation, might be a legitimate concern now in Japan and the Euro Zone, the idea that we face a similar threat seems a little hard to swallow. Perhaps this was a real concern during the panicky days of the global financial meltdown in 2008, but even then it seemed to be a stretch. Now, seven years later, it just looks ridiculous.

According to the minutes of the December meeting, released last week, the Fed’s monetary policy committee brushed off the idea that inflation would remain below the Fed’s 2% target due to the declining price of oil, which it calls “transitory,” and remaining slack in the labor market. Continue reading "There’s Still Hope for the Fed" →

If the oil supercycle is dead, do you believe in resurrection? Or reincarnation?

Posted on by Adam Feik

Adam Feik - INO.com Contributor - Energies


As INO’s Energies contributor, how could I ignore Saudi Prince Alwaleed’s provocative statement that oil will “never” hit $100 “anymore”? In his interview with Maria Bartiromo for an article in Monday’s USA Today, Prince Alwaleed aptly summarized key reasons for today’s low oil prices, but (importantly) he didn’t give offer any evidence that oil would “never” again reach triple digits.

Still, many are decrying the “end of the oil supercycle.” Perhaps the supercycle is dead; or perhaps not. Either way, the world still needs energy from someplace, right? And lots of it! Which path, then, does the future hold? A resurrection of the oil supercycle? Or a reincarnation of a new energy supercycle based on resources other than oil? (Or “all of the above”?).

One prominent money management firm I’ve followed for most of my investment career, WHV Investments in San Francisco, was the first to introduce me to the term “supercycle” – referring to the coming oil- and steel-intensive “industrial revolution” that kicked into high gear in emerging countries in the early 2000s. By way of background, WHV is no “closet indexer.” Its managed portfolios, rather, reflect the firm’s conviction in top-down macroeconomic themes and trends identified by its team of analysts and managers. Continue reading "If the oil supercycle is dead, do you believe in resurrection? Or reincarnation?" →