RadioShack Corporation (RSH) reported second-quarter results on July 27 that surprised by 10 cents, or 34.48%. Earnings per share rose 7 cents to 39 cents from 32 cents in the year ago period. The Zacks Consensus Estimate called for 29 cents. Net sales fell 2.9% to $965.7 million compared with $994.9 million for the year ago period. [...]

(RSH) RadioShack Corporation – ROE of 23.84%

Oriental Financial Group Inc. (OFG) continues to show strength in its key market of mid to high net worth clients as it recently surprised on earnings for the 8th consecutive time. Despite a run up in the stock price, OFG isn’t expensive. It trades at just 4.1x forward earnings. Company Description Oriental Financial Group is a diversified [...]

(OFG) Oriental Financial Group – 2009 Zacks Consensus Estimates Jump

It is looking to be a weak open this morning, with some good chart setups for the short side. Here are some to watch, most of which I am already holding short: - IYR has broken below the neckline. - ARO: Note the bearish engulfing pattern from yesterday. <a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"[More...]

I haven't had to much to post during the past few days. With the market range-bound and seemingly tired, yet unwilling to selloff, few charts seem truly inspiring either long or short. In my account, I continue to hold many of the same short positions I've had for several weeks, focused on insurers, some financial stocks, retailers, etc. I've had mixed results on the shorts, but will continue to hold since I think we'll trade lower than the current level at some point reasonably soon. Looking the other direction, I am holding high cash levels, with long positions primarily in commodity areas and semiconductor stocks. Here's a look at some current holdings in the trading account: Long: ZEUS, NFG, EGO, NVLS, KLAC, NGD, OCNF, DRYS, CRTX, XING Short: OFG, FDML, PRSC, DTG, AFL, BXP, AET, CTAS, AZO The retirement account has a larger number of holdings, including some that I am giving a longer leash (for[More...]

Good setups are few and far between, but I managed to find a few I like. I am approaching with care, considering the distinct possibility of a strong counter-trend rally.- PTNR is sitting under resistance after a high volume drop earlier in the month.- MTH: Meritage Homes hit a low of 7.04 in January, and closed at 23.65 yesterday. I am considering buying puts.<a onblur="try {parent.deselectBloggerImageGracefully();}[More...]