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Wednesday, 10 March 2010 02:25
Newspaper stocks in consolidation mode, have strengthenedWritten by Jason LeavittIt's said a picture is worth 1000 words. Well, on Wall St., a chart is said to be the sum total of all the thoughts, feelings, emotions and opinions about a company, and that the chart is always right.
Published in
Stock Talk
Tuesday, 09 February 2010 12:28
Market pullback casts doubt on newspaper group's upside potentialWritten by Jason LeavittWhen I last covered the newspaper stocks four weeks ago, my conclusion was that they were nicely trending up but were too far gone to chase. Gannett, McClatchy and The New York Times have broken out and rallied in the weeks prior; only Lee remained in its pattern. Given the lack of upside potential, there was nothing we could do but wait to enter on a pullback or wait for consolidation patterns to form. Today we'll review the charts to see if either of these two criteria has been met.
Published in
Stock Talk
Monday, 11 January 2010 19:12
Newspaper stocks in bad shape, but trending up last 10 monthsWritten by Jason LeavittWhen the Internet became mainstream, the newspaper industry was near the top of everyone's "going to die" list. From a business perspective, the economics were too good to be true. Instead of printing and distributing millions of physical papers, one copy could be posted online for all to read.
Published in
Stock Talk
For an introductory offering, it is perhaps appropriate to offer an explanation of the goals of this column. Stock Talk will cover the ups and downs of major newspaper stocks, beginning with Gannett (GCI), McClatchy (MNI) and The New York Times Co. (NYT). We may add other stocks as time goes by, and if interest warrants. For a beginning, these three seem reasonable avatars for the sector as a whole. Aside from any announcements from the companies themselves, we may also refer to other announcements by third parties that track market metrics and such other factors as may have impact on future price moves of these stocks. Want to write for us?Are you interested in writing about something related to the newspaper industry? Do you want to blog, write features or news reports, compile information or just help with this site? Share your ideas with us. Send an e-mail to work@readapaper.com. Industry watchdog sitesREADAPAPER.COM POLL |
Jason Leavitt reports on newspaper industry stocks for readapaper.com with Stock Talk. Leavitt is the founder and sole operator of LeavittBrothers.com. Leavitt, who lives in the Denver area, is an engineer-turned-bartender-turned-trader. He has been trading since 1999, including full-time since 2002. "I trade chart patterns within trends, and although I'd prefer holding for bigger moves, I'm shorter-term oriented and am typically exiting positions within a week or two," said Leavitt, who can be contacted at at jason@leavittbrothers.com. Leavitt Brothers is a 7-year-old stock picking and market analysis site for self-directed traders. It's goal: to save you time. Traders know it takes hours and hours to narrow the universe of stocks to a workable number. Leavitt Brothers narrows the universe of tradable stocks to what it considers the best. The site is like an inexpensive office assistant with one good trade paying the membership fee for the year. Newspaper Stocks
1
AHC
7.41
+0.04
(0.54%)
2
DJCO
69.25
0.00
(0.00%)
3
DM
9.62
+0.23
(2.45%)
4
GCI
13.81
+0.33
(2.45%)
5
GHSE
0.15
0.000
(0.00%)
6
JRN
4.16
+0.07
(1.71%)
7
LEE
2.29
+0.05
(2.23%)
8
MEG
8.74
+0.62
(7.64%)
9
MNI
3.15
+0.14
(4.65%)
10
NYT
8.10
+0.33
(4.25%)
11
SSP
7.60
+0.07
(0.93%)
12
SUTMQ
0.00
-0.0010
(-55.56%)
13
WPO
388.91
+2.77
(0.72%)
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