Normally I am not into baseball. But given history buff and always trying to find some interesting co-relation, I start following it in Fall when playoffs start. I definitely follow world series since that's kind of movie climax (for readers outside USA, don't fret over calling it as world-series. Americans always thought that America is world and hence they end up calling most of their game finals as world-something). This year Baseball world series started with Boston Red Sox and St. Louis Cardinals tied at 1:1 each. Another 5 games to go and it's about time to start predicting winner!
Let's look at some interesting connections. I was reading an article in WSJ. As expected "Blue" states are supporting Red Sox (with exception from Texas) while majority of "Red" states are supporting Cardinals. Even New-yorkers who consider Red Sox as arch rival to Yankees are supporting Red Sox. So given this co-relation between politics and sports, I am predicting Red Sox winning their 8th world series championship. Now that would be good news for markets. I did some data mining. Out of 7 years Red Sox has won World Series, 5 of them DOW had significant gains (10-20%). So with democrats winning political debate (except botched roll out of healthcare.gov), DOW climbing to all time high, Red Sox had another shot at winning World Series. Knowing my political alignment, you know whom I would be supporting!
Earnings cycle is on full throttle with most of the companies giving good results. Next week two most important earnings would be released. Apple and FB. My prediction is both would beat earnings and revenue projections. I am most excited about FB earnings. It could surprise markets by first $2 Billion quarter. That could propel FB stock towards $60. Nov could also bring some excitement with Twitter IPO. Upto $20 Billion valuation, Twitter would be a good company to invest. Many companies in my favorite sector Solar would also be reporting next week. I am especially bullish on SPWR and under $30, it could provide good long-term entry-point.
That's all for now. Go Red-Sox!
/Shyam
Let's look at some interesting connections. I was reading an article in WSJ. As expected "Blue" states are supporting Red Sox (with exception from Texas) while majority of "Red" states are supporting Cardinals. Even New-yorkers who consider Red Sox as arch rival to Yankees are supporting Red Sox. So given this co-relation between politics and sports, I am predicting Red Sox winning their 8th world series championship. Now that would be good news for markets. I did some data mining. Out of 7 years Red Sox has won World Series, 5 of them DOW had significant gains (10-20%). So with democrats winning political debate (except botched roll out of healthcare.gov), DOW climbing to all time high, Red Sox had another shot at winning World Series. Knowing my political alignment, you know whom I would be supporting!
Earnings cycle is on full throttle with most of the companies giving good results. Next week two most important earnings would be released. Apple and FB. My prediction is both would beat earnings and revenue projections. I am most excited about FB earnings. It could surprise markets by first $2 Billion quarter. That could propel FB stock towards $60. Nov could also bring some excitement with Twitter IPO. Upto $20 Billion valuation, Twitter would be a good company to invest. Many companies in my favorite sector Solar would also be reporting next week. I am especially bullish on SPWR and under $30, it could provide good long-term entry-point.
That's all for now. Go Red-Sox!
/Shyam
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