Springsteen had it about right. This morning Apple is gapping down to multi-year lows, headed solidly into Gundlach’s target territory in the low 400s it would seem. It’s one of the most widely-held stocks in the world, by individuals and pros, and had briefly become the largest stock by market cap as well. Selling the…

Stephen J. Guilfoyle “Sarge” was previously the U.S. Economist at Meridian Equity Partners from 2007 following a long career at Credit Suisse. Stephen has worked on the trading floor of the NYSE continuously since July 1987 and actively serves as a Sergeant in the National Guard. *** Good Morning, China was roaring earlier in today’s…

My friend Jennifer Ablan has an important story at Reuters right now about how Dan Fuss (Loomis), Bill Gross (PIMCO) and Jeff Gundlach (DoubleLine) – collectively known as the Bond Kings – are overseeing their respective shops’ landgrab into the equity management business. This makes perfect sense given what the respective opportunities could be coming…

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I’d like to see Samsung try to penetrate the simian marketplace with their stupid tablet. Ha! Apple has the monkey market on lock, yo… From Science World Report: The world is getting even more tech savvy. Ever imagined an orangutan using an iPad? Nearly six orangutans at the Smithsonian’s National Zoo are being introduced to…

If you’re going to be in New York City next Tuesday evening, I’ll be speaking on a panel at an interesting event – we’ll be looking at whether or not investment advisors should be using social media and if so, how. Also, there will be wine and food in case I am not a big…

The bull case on Whole Foods is that they dominate the category and their typical customer doesn’t give a fuck what she pays for an organic banana so long as she does so in a store with gleaming hardwood floors and recessed lighting. The bear case on the stock is valuation (supermarkets are moribund businesses…

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