Bank of Ireland (ADR)
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Go Irish and Take Advantage of the Continued Bank Deleveraging in Europe
By Alex Gray - October 18, 2012 | Tickers: IRE, DB, FRFHF.PK, KW, LYG
Earlier this month it was announced that Kennedy Wilson (NYSE: KW) was in the running to acquire at least portion of approximately $2.6 billion in loans that are predominantly backed by Irish real estate. The loans are being sold by Lloyds Banking Group Plc (NYSE: LYG). According to an article published by Bloomberg, the sale is part of the Irish unit Lloyds purchased four years ago in connection with more »
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On Sale: Big Banks
By Alexander MacLennan - September 6, 2012 | Tickers: BAC, IRE, C, RBS
Since the largest financial institutions melted down in 2008, investors have been given buying opportunities that present an amazing value. Those who bought at the lows have seen multibagger gains as a reward for their risk tolerance in the face of uncertainty and fear in the markets.
But there are still more gains that could be had over the next several years for investors in these companies. With low price-to-book more »
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Give Your Portfolio the Luck of the Irish
By Alexander MacLennan - August 23, 2012 | Tickers: IRE, NBG
Right now the Eurozone is a source of fear for many investors with the constant news of economic armageddon (or in Greece's case Drachmageddon) coming from analysts who fear everything from a Greek default to a worldwide economic depression. They reason Greece's problems will drag the rest of the unstable economies in the Eurozone is that they are teetering on the brink of collapse.
Already unemployment is topping more »
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Spotlight on a Tax Haven: Switzerland
By Alexander MacLennan - August 22, 2012 | Tickers: IRE, CS, NBG, UBS
What do owners of mass sums of money and movie character Gordon Gekko have in common? They both use Swiss bank accounts to protect their enormous wealth and keep it secret from the public. In the second Wall Street movie, Gekko reveals that he has a $100 million trust set up in Switzerland. While this is just a part of a movie, we may never know just how close to more »
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Aflac Deserves an $80 Price Tag
By Nikhil Shamapant - March 22, 2012 | Tickers: AFL, IRE
With consistent growth, honest and quality management, and dividend aristocrat status, Aflac's stock is being treated quite badly in the market these days. The reason for Aflac's (NYSE: AFL) underperforming year(with lows at $33 that matched Aflac's prices back in 2003) was its seemingly direct attachment to the Eurozone Crisis via its investment portfolio, as well as the crisis in Japan, which should have reduced Aflac more »
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Big Wave Trading Portfolio Update And Top Current Holdings
By Joshua Hayes - March 3, 2012 | Tickers: AAPL, IRE, FIO, LHCG, MA, KORS, QCOR, RF, RENN
The Big Wave Trading market model switched from a BUY signal to a NEUTRAL signal following Wednesday’s stock market session. The switch from the BUY signal which was triggered on 1/5 to a NEUTRAL signal on 2/29 was caused by a few key factors this past week. 1. New longs have not moved higher immediately leaving most with full cut losses. 2. Current holdings are giving off more »
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Big Wave Trading Portfolio Update And Top Current Holdings 3
By Joshua Hayes - February 25, 2012 | Tickers: VNET, CRMT, IRE, FFN, LCAV, KORS, MOTR, RF, RENN, TNGO
The Big Wave Trading margin and retirement accounts remain fully invested. There have been two distribution days in the Nasdaq in the past week but the selling has been orderly. While we remain cautious on new positions with the market in a non-stop uptrend, we continue to ride the trend higher. We do not know if the market will or will not pullback. We can only prepare for both outcomes more »
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Big Wave Trading Portfolio Update/Top Current Holdings
By Joshua Hayes - February 20, 2012 | Tickers: CRMT, IRE, DVR, JKS, MOTR, RF, RENN
The Big Wave Trading Market Model remains under a full BUY signal. This buy signal was signaled on 1/5/2012 and has not had a change since. The distribution day had zero effect on the model and thus being fully invested on the long side continues to be the mode of operation. Big Wave Trading will continue to ride its winners higher while selling off any new long that more »
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Big Wave Trading Portfolio Update And Top Current Holdings
By Joshua Hayes - February 11, 2012 | Tickers: IRE, FFN, JKS, LNKD, MOTR, RAM, RF, RENN
Big Wave Trading Margin and IRA accounts remain nearly fully invested (85%-95%) as our Market Model remains under a full BUY signal. That signal was triggered on 1/5/12. Big Wave Trading is currently watching the current pullback to see if it will result in a short-term top or a normal pullback that will lead to a resumption of the current uptrend. As of Friday, there are no more »
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Big Wave Trading Portfolio Update
By Joshua Hayes - February 4, 2012 | Tickers: VNET, IRE, RATE, DVR, MOTR, RAM, RF, RENN, RGR
Big Wave Trading remains fully invested in all margin and IRA accounts. Big Wave Trading has been fully invested since the full BUY signal was generated on 1/5/2012. While many traders/investors tried to deny the uptrend as just another suck out our model told us to expect more via the price and volume action across a myriad of stocks across multiple sectors. The past week the market more »