SeekingAlpha
- China Stocks Get Hammered on FUQI’s Malfeasance: Buy Opportunity?
- Andrew Horowitz submits: There was an interesting trend occurring in the markets that we saw during early morning action and throughout the day yesterday. Several Chinese stocks are
- Sallie Mae Borrowing Itself Into a Hole
- Reggie Middleton submits:Sometimes I have to actually read articles twice, because it really seems that I have somehow missed the point the first time around. Well, on my third glance at this Bloomberg article, I still dont get it: SLM
- SPY's Longest Winning Streak in History
- Kurt Brouwer submits: SPY, the ETF that tracks the S&P 500, is on a very long run of positive daily returns, with 13 up days in a row. As you can see, from the chart this is very unusual. There
- ETFs: Naïve Expectations vs. Actual Performance
- Clemens Kownatzki submits: Oil futures were up again Wednesday reaching an intra-day high of $83.36 before closing just below $83. This year’s high at $84 is now within arm’s length and could be tested within the next trading session. These
- The Fed Cordially Invites You to Another Round of Musical Chairs
- BlindReason submits: Market musings:The markets slow and steady climb for the year continues and looks like it should take us to 1250 at some point in the year, thanks to free money ala gentle Ben. The temptation here is to
- Uncommon Lessons From Phil Fisher
- Greenbackd submits: In the Introduction to my 2003 copy of Philip A. Fisher’s Common Stocks and Uncommon Profits and Other Writings, his son, Kenneth L. Fisher, recounts a story about his father that has stuck with me since I first
- Renminbi Revaluation: Be Careful What You Wish For
- Cam Hui submits: File these stories under “be careful what you wish for”:Now even the World Bank has called for China to re-value the RMB. Moreover, there have been calls within the US to get tough with China on a
Blogging Stocks
- Nike Jumps Following Strong Earnings Report
- Filed under: After the Bell, Major Movement, International Markets, Earnings Reports, Forecasts, Good news, China, Market Matters, NIKE, IncB (NKE), JapanShares of athletic giant Nike, Inc. (NKE) are
- Seagate Technology: Well-Positioned for the PC Rebound
- Filed under: Stocks to BuyHard disk drive manufacturer Seagate Technology (STX), first discussed here on July 8, 2010 at a price of $9.50, remains in an enviable position.The companys demonstrated business model,
- U.S. Senate's Patience on China's Yuan Policy May Be Growing Thin
- Filed under: ChinaThe complex, delicate trade relationship between the United States and China will likely become more complex -- and heated -- in the months ahead, particular if the current mood in
- Chasing Value: 43% Gain to Build a Position in KB Homes
- Filed under: Market Matters, KB HOME (KBH), Options, Chasing Value, Stocks to Buy, HousingIts time to get serious about home builders again, and today I started building a position in KB Home
- Closing Bell: St. Patrick's Day Hat Tricks (GE, FUQI, SNV, HIG, BBI, PLCM, ERC, MEE)
- Overseas markets were up on St. Patricks cheers, or up on continued FOMC promises of keeping rates low. Then a lower producer price index sealed in the day. We are basically back
- VirnetX wins a $105.8 million patent suit against Microsoft
- Filed under: Microsoft (MSFT)VirnetX (VHC) focuses on commercializing its patent portfolio for real-time communications over the Net. The company is fairly small, with a mere $20,672 in revenues in the latest quarter.
The Kirk Report
- Wisdom Of Livermore
- Every once in a while you must go to cash, take a break, take a vacation. Dont try to play the market all the time. It cant be done, too tough on the emotions. - Jesse Livermore In the wisdom...
- Lucky Charms Portfolio
- Almost a year ago I asked members to submit the ticker of a stock they think would bring investors the most luck over the coming year. I remember at the time receiving more than a few emails suggesting I was...
- Make It Fun
- In law school when I started trading actively on a full-time basis, I had little money and lots of interest in the market. In order to continue to improve myself and learn to be better, I had to find creative...
- Dave Landry
- Dave Landry from DaveLandry.com will be here at 12:PM EST to take our questions. To attend the session live (or read it later) please visit the following link: Strategy Session: Dave Landry It is difficult to believe that it has...
- Jeff Pietsch
- Jeff Pietsch from ETF Rewind will be here at 12:PM EST to take our questions. To attend the session live (or read it later) please visit the following link: Strategy Session: Jeff Pietsch (ETF Rewind) As a fund manager for...
- Catch & Trap
- On the 10th day, Uncle Russ ran out of luck. Everything that seemed to be working in the bulls favor was absent in todays session. And, frankly, even the most novice of chart readers can probably easily see the head...
- Weekender
- A few to review over the weekend... Weekend vantage points (TraderFeed) Whats on tap for next week? (MarketBeat) The state of the market for Monday (MarketSci) Is this a bull trap? (DecisionPoint) The up correction now will be limited and...
Footnoted.org
- CIT Group Executive’s Letter Proves to be Valuable…
- At the beginning of February, CIT Group, Inc. (CIT) announced that its president and Chief Operating Officer, Alexander Mason, would leave the company on February 26th. Mason joined the company June 16, 2008, putting his tenure there at just over
- Louis Armstrong invades SEC filings…
- As we flipped through the preliminary proxy that supermarket chain Safeway (SWY) filed the other day, we found ourselves humming “Let’s Call the Whole Thing Off” — that song by the Gershwin Brothers that was famously sung by Louis Armstrong
- Airvana and the “Mergerwocky”
- While we haven’t yet seen the new movie Alice in Wonderland, we definitely felt like we had fallen down a rabbit hole when we read Airvana, Inc.’s (AIRV) recent merger proxy.The Chelmsford, Mass-based company, which sells network infrastructure products to the
- The perks that ate infoGROUP …
- One key principle here at footnoted is that the small stuff does matter. Look no further than Vinod Gupta, who, yesterday evening, became the Securities and Exchange Commission’s poster child for perks run amok.Of course, in Gupta’s case, the little
- Not too timely at Coventry Health…
- Here’s one reason companies might want to work extra hard to disclose employment contracts sooner rather than later: Delays can raise more and thornier questions.Consider Coventry Health Care Inc. (CVH), the $3.5 billion managed-care company based in Bethesda. It filed
- A taxing disclosure at Fortune Brands …
- It’s a rare day when corporate America cites the Internal Revenue Service as a bastion of restraint and sober perspective — especially when it comes to personal income.Yet there on page 35 of the proxy filed by consumer-products conglomerate Fortune
- Why proxies are so sexy…
- I was in Chicago earlier this week working on some integration issues with the folks at Morningstar, but found time to tape this video on proxy season which is going on right now. Here’s a link.
TraderFeed
- Fresh Evening Perspectives
- * The right way to take heat on your trades;* Worthwhile thoughts on the recent market and gamblers fallacy;* The importance of making a trade your own;* Thanks to an alert reader for the link to this article on the
- A Look at Stock Market Strength: New Highs and Lows
- Weve been seeing the advance-decline lines specific to the major stock market averages making fresh bull highs over the last
- Midday Briefing for March 17th: Consistent Buying Pressure
- Here we can see that the NYSE TICK simply has not shown any significant negative readings on the day and
- Midweek Trading and Market Views
- * Why traders repeat their mistakes;* Overcoming fear as a trader;* Why gold and gold stocks are a clear buy;* Questioning the plan for Greece and the future of the euro;* Debt avalanche on the horizon;* Oil to soar?* The
- Virtual Trading Groups: Leveraging the Learning Process
- A while back, I wrote a post that described how trading dreams come true. Since that time, Ive seen many traders fall short of their goals, and Ive seen a good number find success. An unusual number of those that
- Midday Briefing for March 16th: Awaiting the Fed
- Going into the Fed announcement, Im watching the 1149-1150 area in the ES futures closely, as that represented the pre-opening
- Tuesday Morning Viewpoints
- * A technique for defusing stress during trading;* Confidence is not something we have...it is something we do.* Worthwhile insights from Martin Fridson: bonds, rates, stocks;* Oil demand becoming less responsive to price; shocks ahead?* Excellent overview of economic indicators;*
Random Roger's Big Picture
- Continued Financial Fiasco?
- Karl Denninger raises some interesting points in noting a consistent thread with the handful (sometimes more) banks that fail every weekend. In the post he details the extent to which the value of assets were overstated. For example;Waterford Bank, Germantown
- Sunday Morning Coffee
- Barrons had a couple of interesting nuggets this weekend. First was an article commemorating, in a manner of speaking, the one year anniversary of what appears to be the low. The article went on to make a bullish case for
- The Big Picture for the Week of March 7, 2010
- Yesterday I mentioned an article on Seeking Alpha where some of the comments seemed to be taking to heart some of the same things Ive been writing about in terms of how the concept of retirement is evolving, evolving quite
- Twofer Wednesday
- First up is an interview with Jason Zweig at Advisor Perspectives. I tend to read a good bit of his stuff as there is usually an interesting nugget or two but I tend to disagree with his conclusions. Candidly I
- Are ETFs A Miracle Cure?
- By now you know that ETFs provide easy access to the broad market or narrow segments. They are a means to invest or speculate. They also help you regrow hair, lose weight, help with bone density and prevent or cure
- Live Stream of Retirement Panel at 2pm EDT (If it works)
- Retirement Investing: Producing Income in a Near Zero-Rate Environment
- Conversation We Cannot Hear
- Once or twice before Ive mentioned my enjoyment of the very profane and violent HBO series Deadwood. If you are also a fan of the show chances are one of the things you like, you know besides the profanity and
Ticker Sense
- March 15th Blogger Sentiment Poll
- Bloggers are mostly bullish at the start of the week. Blogger Sentiment Poll Participants: 24/7 Wall St (-) Carl Futia (+) Dash of Insight (N) Elliot Wave Lives On (+) In the Money Maoxian Millionaire Now (-) Peridot Capitalist (-)...
- The Bull Market Turns One
- The bull market is one year old today. In the past year the S&P 500 had gained 68%. Financials, consumer discretionary, and industrials have been the strongest sectors. Looking forward over the next six months of the bull market, historically...
- March 8th Blogger Sentiment Poll
- The poll remains moderately bullish this week. Blogger Sentiment Poll Participants: 24/7 Wall St (N) Carl Futia (+) Dash of Insight (-) Elliot Wave Lives On (N) Fallond Stock Picks (+) In the Money Learning Curve (-) Maoxian Millionaire Now...
- Newsletter Portfolios Continue to Outperform
- Subscribers to Birinyis Reminiscences newsletter are enjoying healthy gains again this month. New recommendations were distributed last week; already one trading name has hit its price target and a long-term growth name has gained over 12%. Click here to learn...
- Sector Weighting Update
- Technology, energy, and industrials remain Wall Streets favored sectors going forward. Telecom and utilities are underweighted. Consensus Sector Weightings
- March 1st Blogger Sentiment Poll
- Bloggers remained bullish following Februarys gain. Blogger Sentiment Poll Participants: 24/7 Wall St (N) Carl Futia (+) Dash of Insight (-) Elliot Wave Lives On (N) Fallond Stock Picks (+) In the Money Learning Curve (-) Maoxian Millionaire Now (-)...
- The Beginning of a Tightening Cycle?
- Last week the Fed raised the discount rate from 0.50% to 0.75%. Prior to 1984 the discount rate was the primary tool for rate policy, since 1984 they have used the Fed Funds rate. The current survey of economists by...
Gannon On Investing
- Suggested Link: Charlie Munger Op-Ed
- Warren Buffetts business partner, Charlie Munger, writes an op-ed in the todays Washington Post.Read How We Can Restore Confidence by Charlie Munger.
- On the Geithner Plan
- Yesterday, the stock market tanked as Treasury Secretary Geithner outlined his financial stability plan. Blogger Felix Salmon noticed the mirror image:“I like the symmetry here. On November 21, when Barack Obama announced that he was nominating Tim Geithner to be
- On the President's Address
- President Obama spoke about the economy last night. I am not a political commentator, so I may not be able to correctly score the politics of the fight.The President began by painting gloomy word pictures of a Depression – without
- New Podcast Episode: Friday, February 6th, 2009
- A new episode of the Gannon On Investing Podcast is now available.
- New Podcast Episode: Thursday, February 5, 2009
- A new episode of the Gannon On Investing Podcast is now available.
- New Podcast Episode: Wednesday, February 4, 2009
- A listener asksMuch of the focus in value investing texts is on finding the rightcompany at the right price, very little time is spent discussing whento sell. Since the decision to sell is contextual to each investment Iwould like to
- New Podcast Episode: Tuesday, February 3, 2009
- A listener asksHow can I apply the concept of intrinsic value to currencies in my international investments? I know how to handle business risk and market risk - but how can I apply the principles of value investing to exchange
Value Discipline
- A Report from Today's Citigroup Meeting re Governance
- Corporate governance has always been an important part of value investing. Obviously, most of us hate waste when precious company resources are squandered to build executive dreams rather than shareholder capital. Misallocation of capital and failure to optimize returns on
- NCR versus Diebold
- Courtesy of Seeking Alpha, I have been privileged to have been introduced to an exciting new research product called Gridstone Research. Gridstone is a new research platform that combines financial data, operational data, and unstructured textual information about a company
- Techonomics and the ATM
- “By prevailing over all obstacles and distractions, one may unfailingly arrive at his chosen goal or destination.”- Christopher ColumbusNeedless to say, it has been an incredibly tumultuous environment. The economic outlook, despite a few specks of light in a dark
- Happy New Year!
- What can be said in New Year rhymes,Thats not been said a thousand times?The new years come, the old years go,We know we dream, we dream we know.We rise up laughing with the light,We lie down weeping with the night.We
- Fair Value, Mark-To-Market and Financial Reporting-Another Revision?
- Less than a week to go for 2008, and the Financial Accounting Standards Board (FASB) has a proposal which it has thrown into the arena to address the problem of fair value.Mark to market accounting has stirred up a very
- Happy Holidays!
- A simple and sincere message to all. Heres wishing you the best of holidays in this blessed season.Wishing all of you a Happy Hanukkah, a Merry Christmas, and peace!Looking forward to 2009, a Happy, Healthy and Prosperous Year for all!Rick
- Stocking Stuffers
- It has been a remarkable year. It has been year that many of us would just as soon forget. The cascading effects of deleveraging have been rampant across all markets.The financial turmoil of 2007-08-09? has deeply affected households as well
NO DooDahs!
- Automotive Annoyances
- A few things that bothered me yesterday about the news coverage of the pending bailout for domestic auto(loan)makers.“GM makes cars nobody wants” Vs. “GM sold __ million cars in the U.S. in the last __ years”“Nobody wants” is an exaggeration,
- Buy-A-Bank Bailouts
- The Hartford (HIG), a.k.a. “The Neutered Stag,” has pulled a fast one! They bought a bank, just in order to get bailed out.In some bizarre way, this multi-national, multi-billion-dollar insurer can buy some tiny, eleven-branch-having, single state bank off of
- Busy With Other Projects, Back Again Soon
- No description.
- Updates at The Rempel Report
- Still no Timing signalValue Portfolio updatePersonal returns for October 2008
- Piece of the Rock Randomosity
- Get it, baby! Get a piece of the rock! Prudential Financial (PRU) reported yesterday. Lots of ways to put lipstick on this pig, and turn a loss per share into a “
ModernGraham.com
- Updated Valuations – Week of 2/22/10
- You can view more company valuations by visiting the valuations database in the navbar. There are 145 companies in the database including all 30 components of the Dow Jones Industrial Average!Due to the increasing number of companies in the database
- Updated Valuations – Week of 2/15/10
- You can view more company valuations by visiting the valuations database in the navbar. There are 145 companies in the database including all 30 components of the Dow Jones Industrial Average!Due to the increasing number of companies in the database
- Updated Valuations – Week of 1/4/2010
- You can view more company valuations by visiting the valuations database in the navbar. There are 145 companies in the database including all 30 components of the Dow Jones Industrial Average!Due to the increasing number of companies in the database
- A Look Back on 2009 for Modern Graham
- 2009 was a record year for Modern Graham. With over 40,000 visits from over 28,000 unique visitors, more people visited the site than any year before. Now that the year is over, it is time to look back on what
- Added and Updated Valuations – 12/29/09
- I didn’t have time to add any new companies to the database due to the holidays, but you can view more by visiting the valuations database in the navbar. There are 145 companies in the database including all 30 components
- Added and Updated Valuations – 12/21/09
- This is a day late, and it includes a few companies that were scheduled to be updated last week. For those readers who don’t know, I’m currently in law school – and had exams the last couple of weeks. As
- Festival of Stocks #172
- This week we have the honor of hosting the 172nd edition of the Festival of Stocks. According to the festival’s original sponsor, ValueInvestingNews, “The Festival of Stocks is a blog carnival dedicated to highlighting bloggers’ best articles on stock market
Stock Market Beat
- Truck Tonnage Index
- Truckline.com ArticleCompared with October 2008, SA tonnage fell 5.2 percent, which was the best year-over-year showing since November 2008. In September, the index was down 7.3 percent from a year earlier.
- Corporate Cash Flow
- St. Louis Fed: FRED Graph
- Corporate Profits
- No description.
- Capacity Utilization
- St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry
- Capacity Utilization
- St. Louis Fed: FRED Graph
- Corporate Profits
- St. Louis Fed: FRED Graph
- Capacity Utilization
- St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry
Berkshire Ruminations
- Berkshire History in the Making!
- I don’t maintain this blog much anymore, but that doesn’t mean I don’t follow Berkshire Hathaway. And I would be remiss not to comment on the news I awoke to this morning. Today is likely the most historic day in
- Big Government, Small Growth
- I am an empiricist and leery of any economic assertion that isnt backed by sound data. And so I was pleased to see Dan Mitchells latest video because towards the ends it gives a brief bibliography of work published in
- Apparently a no-brainer. Who knew?
- I thought it was interesting that yesterday the Wall Street Journal reported that economists are nearly unanimous that Ben Bernanke should be reappointed to another term and that the majority also say the recession is over. Who exactly are these
- 100% Insanity
- To me, this is proof the mainstream media has absolutely no clue about economic reality.CNN proudly boasts today that Cash For Clunkers program is “Real Stimulus,” claiming that “The boost to auto sales caused by the government trade-in program should
- GM - What a joke
- Let’s face it. General Motors is in terrible shape. It sells an unpopular line of vehicles and is completely captive to its inflexible cost structure. Despite what political pundits would like to suggest, the company’s troubles are not the result
- A dual-class arbitrage in Berkshire stock?
- Hat tip to Ray for pointing this out to me. A few days ago BRK.B was trading at a level significantly lower than 1/30 of BRK.A. In fact the spread represented 7% of the value of BRK.B.This was a decent