YELP Inc. – More Upside Ahead
Online urban city guide Yelp, Inc. (YELP) just flashed a buy signal. Here is what I am seeing; On December 4th I opined right here (http://investorplace.com/247trader/jump-on-the-short-side-of-yelp/) that Yelp, Inc. (YELP) was then offering a good risk/reward short-side trade for the quicker hitters. Two days later and 8% lower the stock came within 50 cents of […]
Bonds: Weakness begets further slide
The temporary fiscal cliff ‘resolution’ started the new year off with a big rally in equities, sending the S&P 500 to the best levels since mid October and just twelve points below the 2012 high. Bonds on the other hand took a beating and look vulnerable for further weakness ahead. The 10 year Treasury yield […]