Priceline: A Rare Contrarian Play Offering Both Value & Growth

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We’ve all seen those lousy William Shatner commercials.

Priceline Group Inc. (SPX: PCLN) is an online travel company that offers its customers hotel room reservations at nearly 300,000 hotels worldwide through the Booking.com, priceline.com and Agoda brands. In the United States, the company also offers its customers reservations for car rentals, airline tickets, vacation packages, destination services and cruises through the priceline.com brand. Additionally, it offers car rental reservations worldwide through rentalcars.com.

PCLN Price Action
Courtesy of Finviz.com

Priceline’s stock has taken a beating in recent months. After closing at $1,009.48/sh on Friday, shares of PCLN have already dipped by 11.6% in the first month of trading this year. On March 6th, 2014, shares peaked at $1,378.96/sh. Now, less than 11 months later, Priceline’s stock trades 37% below that price. Continue reading "Priceline: A Rare Contrarian Play Offering Both Value & Growth"

GameStop Corp. (GME) is an Attractive Buying Opportunity

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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"

Is It Déjà Vu All Over Again for the Dow?

FIRST PUBLISHED ON 2/10/2010

In today's video we examine the crash of 1929 and the similarities to Dow 2010. This video is not meant to scare anyone, but to educate investors and traders of the possibilities that may exist in today's market.

We could be, repeat, could be very close to a tipping point similar to that of 1930 when the Dow had ended a 50% correction to the upside. This years Dow pattern was a 62% correction (see current chart on Dow). I invite you to watch this video and see if it makes sense to you.

Continue reading "Is It Déjà Vu All Over Again for the Dow?"

A Quick Peek at the SP500 Chart

This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.

While the S&P 500 made new highs for the year last week, it did not do so in a very convincing manner. In today's short video I show you some of the elements that I think should be cause for concern.
As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you with regards to your thoughts on this video.

Your comments are welcome on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub