My friend and RealMoney.com colleague, Jordan Kahn, wrote the following preview of Apple’s June quarter earnings which are due to be reported after the close tonight. Please check out Jordan’s blog “In The Money” for more of his always excellent commentary. I’d preface Jordan’s comments by noting that the estimates and stock price targets for […]
Earnings season for media stocks begins in earnest next week but there is still news flow that is impacting the stocks. Media stocks soared on Monday after leading last week’s rally. Monday’s move was the result of a bullish cover story (subscription required) on the sector in Barron’s. The author, Michael Santoli, essentially reiterated my […]
The following commentary first appeared in the “Dow of Steve” blog on SNL Kagan’s subscription website on July 1, 2009. There were signs in last that the upfront market was finally beginning to move although few if any deals have been struck between broadcast networks and advertisers. Experienced observers can point to only one other […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-07-09 13:27:552009-07-09 13:27:55Upfront Trying to Break Which Would Help Media Stocks
I purchased CBS for most Northlake clients on July 7th. The stock has pulled back by 33% off its recovery high leaving it at a point where I think the risk-reward tradeoff is favorable. I can easily construct a scenario where the stock moves from $6 to $9 assuming that advertising trends begin to improve […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-07-07 10:48:072009-07-07 10:48:07CBS: New Buy For Cyclical Upturn as Balance Sheet Concerns Ease
For the first time since February, there has been a change on Northlake’s Core and Explore ETF models. The Style model has moved to Value after spending 5 months at Growth. The new Value signal is weak, just barley in Value territory on Northlake’s 0 to 100 scale. However, five of the nine underlying indicators […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-07-01 13:18:542009-07-01 13:18:54July 2009 Model Signals: A Shift to Value
The following commentary first appeared in the “Dow of Steve” blog on SNL Kagan’s subscription website on June 17, 2009. The most significant secular debate in the TV industry surrounds over the top video (OTT). Whether or not consumers cut the cord has significant ramifications for cable and satellite companies, broadcast and cable TV network […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-06-24 12:13:312009-06-24 12:13:31Over The Top Video Threat Less Than The Hype
Yesterday morning on Twitter I noted that Steve Jobs was quoted in Apple’s press release announcing 1 million sales of the new iPhone 3Gs. I quickly completed a scan of Apple press releases going back to late March and found no other instance of Jobs being quoted. This morning, AppleInsider.com reported the same and stated […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-06-23 08:06:422009-06-23 08:06:42Strong Hints Jobs is Back Working at Apple
SNL Kagan, which publishes the Dow of Steve blog, recently had an article discussing lower prices initiated by apple in the Mac and iPhone product lines. The article fairly noted that the price cuts were in response to the weak consumer environment and tough competition while also noting that Apple still maintains its premium pricing […]
I took a new position in Liberty Media Entertainment Group (LMDIA) today. LMDIA is being acquired by DirecTV (DTV). LMDIA owns 54% of DTV along with several billion dollars in other assets composed primarily of the Starz movie channels, three regional sports networks, and cash. When the deal closes near year end, each LMDIA will […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-06-05 09:16:312009-06-05 09:16:31Liberty Media Entertainment: New Long Position Provides Cheap Play on DirecTV and Other Goodies
There are no changes to Northlake’s Market Cap and Style models for June. The signals remain small cap and growth. As a result, client positions in the Russell 2000 (IWM) and the Russell 1000 Growth (IWF) will be maintained. The Market Cap and Style models provide monthly signals projecting relative performance of small cap vs. […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2009-06-01 13:22:112009-06-01 13:22:11June 2009 Model Signals Still Favor Small Cap and Growth
Apple Quarterly Earnings Preview
My friend and RealMoney.com colleague, Jordan Kahn, wrote the following preview of Apple’s June quarter earnings which are due to be reported after the close tonight. Please check out Jordan’s blog “In The Money” for more of his always excellent commentary. I’d preface Jordan’s comments by noting that the estimates and stock price targets for […]
Barron’s Boosts Media Stocks Ahead of Earnings
Earnings season for media stocks begins in earnest next week but there is still news flow that is impacting the stocks. Media stocks soared on Monday after leading last week’s rally. Monday’s move was the result of a bullish cover story (subscription required) on the sector in Barron’s. The author, Michael Santoli, essentially reiterated my […]
Upfront Trying to Break Which Would Help Media Stocks
The following commentary first appeared in the “Dow of Steve” blog on SNL Kagan’s subscription website on July 1, 2009. There were signs in last that the upfront market was finally beginning to move although few if any deals have been struck between broadcast networks and advertisers. Experienced observers can point to only one other […]
CBS: New Buy For Cyclical Upturn as Balance Sheet Concerns Ease
I purchased CBS for most Northlake clients on July 7th. The stock has pulled back by 33% off its recovery high leaving it at a point where I think the risk-reward tradeoff is favorable. I can easily construct a scenario where the stock moves from $6 to $9 assuming that advertising trends begin to improve […]
July 2009 Model Signals: A Shift to Value
For the first time since February, there has been a change on Northlake’s Core and Explore ETF models. The Style model has moved to Value after spending 5 months at Growth. The new Value signal is weak, just barley in Value territory on Northlake’s 0 to 100 scale. However, five of the nine underlying indicators […]
Over The Top Video Threat Less Than The Hype
The following commentary first appeared in the “Dow of Steve” blog on SNL Kagan’s subscription website on June 17, 2009. The most significant secular debate in the TV industry surrounds over the top video (OTT). Whether or not consumers cut the cord has significant ramifications for cable and satellite companies, broadcast and cable TV network […]
Strong Hints Jobs is Back Working at Apple
Yesterday morning on Twitter I noted that Steve Jobs was quoted in Apple’s press release announcing 1 million sales of the new iPhone 3Gs. I quickly completed a scan of Apple press releases going back to late March and found no other instance of Jobs being quoted. This morning, AppleInsider.com reported the same and stated […]
Apple as Religion
SNL Kagan, which publishes the Dow of Steve blog, recently had an article discussing lower prices initiated by apple in the Mac and iPhone product lines. The article fairly noted that the price cuts were in response to the weak consumer environment and tough competition while also noting that Apple still maintains its premium pricing […]
Liberty Media Entertainment: New Long Position Provides Cheap Play on DirecTV and Other Goodies
I took a new position in Liberty Media Entertainment Group (LMDIA) today. LMDIA is being acquired by DirecTV (DTV). LMDIA owns 54% of DTV along with several billion dollars in other assets composed primarily of the Starz movie channels, three regional sports networks, and cash. When the deal closes near year end, each LMDIA will […]
June 2009 Model Signals Still Favor Small Cap and Growth
There are no changes to Northlake’s Market Cap and Style models for June. The signals remain small cap and growth. As a result, client positions in the Russell 2000 (IWM) and the Russell 1000 Growth (IWF) will be maintained. The Market Cap and Style models provide monthly signals projecting relative performance of small cap vs. […]