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2013/04/01

Eyes Front!

Monday, April 1, 2013

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Eyes Front!

 

by Rob Goldman

 

 

Today is April 1st. This is notable for a couple of reasons.

 

First, it marks the beginning of the second fiscal quarter for most companies and, of course, the stock market. Now that we are in a new period, will the upward market momentum continue or will we begin to recede back to earth? Will negative pre-announcements rule the day? We have written recently that this quarter will likely mark the beginning of the decline many market watchers have been waiting for. More on that in a moment.

 

Another reason why April 1st is notable is that the day is referred to as April Fool's Day or All Fool's Day (or my birthday judging by some of my picks.)  April Fool's Day is celebrated with practical jokes and, in some cases, story spoofs by the media. A colleague once recommended that on April 1st I should release a gag blog, report, newsletter, etc. and that it would likely be well received.

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

Two for You

 

by Rob Goldman

 

 

With only two trading days left in the week - and the month and quarter, for that matter - we thought we'd profile not one, but two stocks that should enjoy a bountiful second quarter.

 

First up is a gaming stock that could see some action today and in the coming weeks. I confess that I have the gaming bug right now after watching last week's early rounds of the NCAA Men's Basketball Tournament. This stock, however,  is a big departure from basketball. 

 

Asia Entertainment and Resources Ltd. (NASDAQ: AERL -$4.06) is actually a gaming play in the People's Republic of China. The company promotes three VIP gaming rooms in Macau - a facility in the Star World Hotel & Casino in downtown Macau and VIP gaming rooms in the Galaxy Resort Macau and the Sands Cotai Casino. The move to the Sands from the Venetian Macao-Resort-Hotel was a recent transaction that AERL Chairman Pou Lam commented, "The new VIP room should enhance our ability to better serve our existing customers, and ultimately providing our shareholders with long-term value."

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

 

 


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