The Ideology of the Islamic State | Brookings Institution

From Paper State to Caliphate

While the Islamic State dominates headlines through its brutal tactics and pervasive propaganda, there is little awareness of the unique ideology driving the group’s strategy. Drawing from private correspondence, statements, speeches, and Islamic theology, Cole Bunzel unpacks the ideology of the Islamic State in a new analysis paper. [Read more…]

Maltbie’s Minute on the Market / Earnings Season and the Fed Trick or Treat?

New Technical Research Suggests Significant Rally Ahead

Millennium Asset Management Market Rally 2015 v1
Millennium Asset Management Market Rally 2015 v2
Millennium Asset Management Market Rally 2015 v3
Millennium Asset Management Market Rally 2015 v4

Why To Hold Cash And Sell Tesla Short

The Long: Cash That’s right. My market view tells me that sitting in cash is is the best long idea at the moment. I prefer to allow markets to grope for a bottom, and wait for the Fed to do its thing. Let equity mutual funds sell their losers, which is nearly everything at this point year-to-date. Let’s wait for this terrible tape to play out, and for key technical indicators such as breadth, upside volume and the net advance/decline lines to improve. The Short: Tesla Motors TSLA +1.19% 12-month target price: $202 A time-revered Wall Street adage to know the difference between a great stock and a great company comes to mind in the case of Tesla. It may seem injudicious to bet against the smartest guy in the world who’s advancing a great and hopeful idea, backed by the biggest investment banks and some heavy governmental support, but the mountain of expectations seems too steep to scale with the stock at current prices.
 Analyst Adam Jonas at Morgan Stanley MS +0.00%, a leading Tesla banker, last month increased his price target on Tesla to $465 from $280. This, of course, was issued almost concurrently with a just-completed $750 billion equity offering. They expect Tesla to need another $15 billion to finance its growth for the next five years.
Source: Why To Hold Cash And Sell Tesla Short – Forbes

What to Expect from Earnings Season

The Fragile State of the Micro & Small Cap Markets

Robert Maltbie, President of Singular Research keynotes Equities.com Stars Conference June 10, 2015 “The Fragile State of the Micro & Small Cap Markets.”  

Going Long On Noah, Short On Chuck

Here is a pair of stocks, one that I recommend investors go long on, and the other that they should short. Long: Noah Holdings Ltd. (NOAH) Current price: $34.09 12-month target: $42 [Read more…]

Maltbie’s Minute on the Market for May 30, 2015

Buffett vs Yellin, Who is Right?  

Small-Cap Stars Spring Conference 2015

Robert Maltbie of Millennium Asset Management is the keynote speaker at the Small-Cap Stars Conference, June 10th – Convene – Times Square, New York City.

Small Cap Stars Spring Conference NYC 2015

June 10 – Convene – New York City Keynote speaker Robert Maltbie, CEO of Singular Research.  Registration is now open.