Baidu in a glance

Baidu (BIDU) is presently going through a bearish phase, mainly due to: i) The trade war, ii) Macro slowdown in China, iii) Mounting competition in the Chinese internet sector. That has led to an increase in short sellers, which resulted in a price slump. Graph 1 – Percent of shares outstanding short (Source: YCharts) Baidu’s… Read More Baidu in a glance

Trump’s trade war isn’t a sign of strength, it’s the opposite

Photo credit: Richard Mortel After World War Two, the US was the chief creditor nation of the world. Before the war, the country had a minor role in establishing the world order. However, after the war, the US enjoyed a stable political landscape, the most advanced technology, intact infrastructure back at home, and an enviable… Read More Trump’s trade war isn’t a sign of strength, it’s the opposite

Time to be greedy: Tapestry is nearing its lowest level in a decade

(Photo credit: Mike Mozart) For investors used to follow this stock, it might seem unbelievable, but the share price of the home company for the Coach brand is nearing its decade lows. Graph 1 – Tapestry stock price (2009 to present) (source: Yahoo Finance) For those keeping track of the company’s affairs, it seems both… Read More Time to be greedy: Tapestry is nearing its lowest level in a decade