So, couple years ago, when I was a naïve idiot, I used to run a blog appropriately titled – Wall Street Fool. It was basically a place where I shared my investment ideas, technical analysis, opinions, and humor with the people on The Internet. At that time, I did a post comparing Bloomberg Terminal and Thomson Reuters Eikon – both of which are pretty good Financial Analysis and Trading platforms – which eventually became so popular, it was featured in one of the news articles published on International Business Times and other financial news sites/blogs. Since I shutdown Wall Street Fool in 2014, to focus on my App Development business, the post has since been erased from the Internet Archives .aka. Google Index. So, in light of the recent violent moves in the financial markets, and the constant uncertainty due to the incompetence of clueless Central Bankers, I thought that it would be a good idea to do some Finance centric posts, as opposed to the usual Technology posts.
I’m sorry, but even with Larry Ellison at the helm, Oracle hasn’t done much in the past decade. There was a time when Oracle was one of the biggest and baddest player in the Tech Sector. During the Dot Com Bubble of 2000, Oracle DBAs were literally getting paid 250-300K Annually. With the emergence of other players in the Database Solutions and Cloud Computing sector, Oracle has been in a steady decline over the past couple years. The YoY Earnings have been dismal to say the least. The lack of innovation and the willingness to make large strategic acquisitions, are just some of the reasons why Oracle has lost its dominance in the Technology Industry. At a time when Oracle should have been at the forefront of, and anticipated, the Cloud Computing Revolution, Oracle was basically on the sidelines waiting for someone to throw the Challenge Flag. Unfortunately, this was like the Packers and Bears NFC North championship game last year (2013-2014), where Aaron Rodgers flung the rock to Randall Cobb on 4th and 8 with just 40 Seconds left on the clock, and bodied the Bears hopes of advancing to the playoffs. In this scenario, Oracle is the Chicago Bears. By the time Jay Cutler got the ball back, it was already too late.
I’m afraid, but I’ve got some BAD NEWS for Apple’s (AAPL) Stock Investors – AAPL is poised to decline by more than 12% in the coming weeks – and I’m being generous with my 12% Bearish prediction; it could be worse than that.