Day caused by a fundamental lack of understanding about whats actually happening at individual companies. Often these seemingly nonsensical moves define the underneath as we call it. Whats really going on. Even as the averages look placid, beast. Happily sunning themselves on the plains of the syrian gatti. S p advanced 0. 4 and nasdaq climbed also. What do i mean when i say people get it wrong . Lets go right to the tape. Take best buy. Heres a company that most of the cognicente view it where you can check out hardware before buying it from amazon prime. The thing is that view couldnt be more mistaken which is why the shorts got their bell rung today. Best buy. Best buy is and always has been and always will be about new product cycles. When theres a huge new product cycle it can produce fantastic nulls. When there are several Sterling Products hitting all at once results can be as spectacular as they were this morning. When best buy reported a gigantic upside surprise that astonishe
Logitech discontinues Harmony! But what does that say about the universal remote control's place in consumer electronics today? Have they become an afterthought or simply driven into obsolescence?