With another set of quarterly earnings being reported, clients probably notice a lot of large stock moves in reaction to the news. Often the stock moves seem unrelated to the earnings news. Why did Apple and Facebook trade down after easily beating Wall Street estimates? Why did Alphabet trade up and Comcast trade up when […]
With quarterly earnings reports set to pour in starting next week, I thought I’d provide a brief overview of what to look for in each of Northlake’s individual stock holdings. Given recent volatility in stocks prices and growing concerns over the future of the US economy, 3Q earnings and guidance commentary may be the most […]
Between Wednesday’s market close and Thursday’s market open, four stocks held widely by Northlake clients reported earnings and held conference calls. Apple (APPL) did quite well, NII Holdings (NIHD) was solid, Regal Entertainment (RGC) was as expected, and Comcast (CMCSA/CMCSK) was a little below my expectations. Overall, I am quite satisfied with the start of […]
As 2006 draws to a close and a new year begins, I thought it would be appropriate to provide a brief update on the positions held in almost all Northlake-managed accounts. Model-Driven ETFs: I’ll get a fresh update on the Market Cap and Style models over the New Year’s weekend but I expect the signals […]
According to data from TNS Media Intelligence, advertising spending in the U.S., excluding paid search, fell by 0.3% in May 2006. According to TNS, this is the first comparable monthly decline since the advertising recovery began in May 2002. Network TV and newspapers suffered the biggest declines during May. Areas showing growth included non-search Internet […]
I Am Famous. Sort Of. Back on August 1, 2006, Jim Cramer of CNBC and theStreet.com, did a segment on Comcast on his nightly Mad Money TV show. During the segment, Cramer tells viewers how for the past year everyone hated Comcast. Everyone that is except, yours truly. Cramer says “”Birenberg’s the only guy to […]
In the extended entry, please find an update on individual stock positions currently broadly held across client accounts. Click the “Continue Reading” link immediately below to see the updates on Apple Computer, Central European Media Enterprises, Lions Gate Entertainment, Motorola, Sears Holding, SBS Broadcasting, and Walt Disney….
I received an email from Schwab today announcing that they are lowering commission charges for clients with $50,000 to $1,000,000 in assets at Schwab. The accounts do not all have to be managed by Northlake Capital Management to qualify. The new commission schedule for qualifying clients is $12.95 per trade for up to 1000 shares […]
One of my most important jobs as a money manager is to keep up with the latest corporate news. During the first half of each calendar quarter, much of this work is done by listening to the quarterly conference calls companies conduct when the y report their quarterly earnings. Typically, a company will report its earnings via press release before the stock market opens in the morning or shortly after the market closes. A conference call is usually scheduled within a few hours of the press release, although sometimes companies report after the close hold their conference calls the next morning. I use a service named CallStreet to find out when the conference calls will occur. For the week of October 18, Call Street lists about 750 scheduled conference calls! There are about 30 by companies I care about for one reason or another, and I have 18 listed on my calendar. I’ll probably listen to 5 to 10, read transcripts of another 5 to 10, and rely on Wall Street research for the balance.
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tim@northlakecapital.com
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