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SeekingAlpha

Shell's New Oil Well Shows Fossil Fuel Crowd Not Standing Still: Greentech Media submits: By Michael KanellosShell (RDS.A) has drilled an oil well in the Gulf of Mexico that’s 1.77 miles deep and it will follow up with an even deeper one.Complete Story »

Two Asian ETFs for the Really Long Term: Chris Rowe submits:Monday, the National Bureau of Economic Research said its Business Cycle Dating Committee determined that the U.S. entered recession in December 2007.WOW! Weve been saying we are in a recession for the last ten months or so. Are

A Look At Beazer from Quarter-to-Quarter: Beazer Homes (BZH) is busy fixing many things: Restating financials from over a multi-year period, dealing with multiple justice department investigations, crafting a new mortgage origination agreement with Countrywide/Bank of America (BAC), paying down a massive $1.7B debt and trying

Energy Companies in the Spotlight: Exxon Mobil, BP, Total SA and Petro-Canada: Jessica Johnson submits:Energy companies will no doubt come under the spotlight over the next week, as it was reported Tuesday morning that oil slipped to under $50 a barrel. Exxon Mobil (XOM), the largest company in the world by Market

Infrastructure vs. Utility ETFs: Don't Be a Victim of Semantics: Gary Gordon submits: These days, the nebulous concept of "infrastructure" is being highly touted by investment advisers. Indeed, it received special recognition throughout the Obama campaign. And big

First Solar: Tough Act To Follow: Greentech Media submits: By Jeff St. JohnCompanies seeking to take First Solars (FSLR) place at the top of the thin-film solar panel market wont have an easy time of it – even if investors are hungry to find such a

Ford Outlines Fuel Economy, Electric Car Plans to Feds - Needs $9 Billion: Greentech Media submits: By Michael KanellosLoan us $9 billion and well improve the efficiency of our cars.Complete Story »

True Sportswear at a Bargain Price: Paul Price submits:Volcom (VLCM) designs, markets, and merchandises clothing and accessories for use in surfing, skateboarding and snowboarding. The company sells through about 4800 locations as well as online. 16 units are company owned outlets with the rest primarily specialty

S&P 500: Dividend Cuts Accelerate in November: David I. Templeton submits: Dividend cuts for companies in the S&P 500 accelerated in November versus the same period last year. Standard & Poors reports: November cuts aggregate $4.89 billion. The three month total stands at $20.85 billion and year

Arnott Spies Bear Market ETF Opportunities: Tom Lydon (ETF Trends) submits: Robert Arnott, the founder and chairman of Research Affiliates and the “Father of Fundamental Indexing,” seems to have acquired a reputation as a

The U.S. Dollar Is Following Argentina's Path: Simit Patel submits:Something Ive touched on before but have not elaborated too much on is the similarities between Argentina in 2001 and 2002 and the US now. Here is a fantastic analysis of this subject. Below is a breakdown of

Muni Bonds: Juicy Opportunity for Investors: Brian Kelly submits:The states are in trouble and the water is beginning to flow over the dam. On Monday, the Governator - Arnold Schwarzenegger, declared a fiscal emergency in California claiming that the state could run out of money by

Durable Goods Report: Tech Can't Shake Weakness: Trade Radar Operator submits: With the holidays, house guests and turkey, I fell behind in my posting. I wanted to catch up on the results of the Durable Goods report that was released

Economic Forecast and Best ETF Picks for 2009: Simit Patel submits:As we enter the final month of 2008, its time to start thinking about what will be hot in 2009. To start that off, I want to revisit this post I made on SeekingAlpha in late September of

Bond Bubble Coming to an End? Prepare for the Bust: Trade Radar Operator submits: Numerous bloggers and analysts have declared that the latest bubble seems to be occurring in the bond market. There could be some truth to that opinion. Take a look

Eight Stocks to Get You Through the Bleakness: Carol Flake Chapman submits:Apparently weve been in a recession for a year now, and the layoffs are beginning to ripple out from malls and car dealerships to factories. Folks are cutting back, and stores are closing down. A local radio

Earnings Quality: Why It's So Important Now and Which Stocks Are Suspect: Value Expectations submits: EQ is important in this current market environment because so many companies are feeling pressure to meet their sales expectations. Many companies are channel-stuffers, which is one form of accruals that often leads to negative earnings surprises.

Are Treasury ETFs Overdone?: Tom Lydon (ETF Trends) submits: Treasuries, and the bond ETFs that represent them, are trotting into “overvalued territory,” and the danger lies in falling yields.The investor demand for

4 Currency ETFs Affected by Recent Rate Cuts: Tom Lydon (ETF Trends) submits: The U.S. dollar made gains against the euro as the currency lost its luster because the deteriorating market conditions and sent related ETFs

Akamai: More Aggressive on CDN Pricing, But More Steps Are Needed: Dan Rayburn submits: Over the last 60 days, I have seen Akamai (AKAM) getting more aggressive with video delivery pricing and in some cases, appears to be doing a better job of trying to keep existing customers at the time

Blogging Stocks

Closing Bell: Stocks rally; CEG, MRVL, RIMM, SNDK soar: Filed under: After the bell, Earnings reports, Deals, Market matters, Research in Motion (RIMM), Marvell Technology Group (MRVL), SanDisk Corp (SNDK)If you were watching the market today, it really felt like a mixed

Collectible Investments: Fancy Cancels: Filed under: Other issues, ColumnsCan investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes, or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will review items of interest

Entrepreneur's Journal: Survival tips for your business: Filed under: Google (GOOG), Small businessFor many small business owners, the main focus is on survival -- not growing the business. And, with the freezing of the credit markets and the slowing

What happened to ethanol?: Filed under: Commodities, Oil, Technology, Green Stocks, Bunge Ltd. (BG)This post was writtenby Minyanville contributor Ryan Krueger.Looks like Verasun Energy Corp. (NYSE: VSE), a formerly popular ethanol stock and second largest producer, has won court permission to cancel contracts signed

Pink slips at... Carlyle?: Filed under: Private equityAs layoffs have spread across banking, investment banks and hedge funds, things have been fairly quiet for private equity firms. Then again, these operators tend to have small employee

Big sucking sound as WaMu white collars get the axe in Seattle: Filed under: Management, Employees, JPMorgan Chase (JPM)All is not well in Seattle for executives at Washington Mutual. The Seattle Times has reported that some 3,400 WaMu employees, mostly from the companys headquarters, are to be let go by JPMorgan Chase

Is Yahoo a screaming bargain without Jerry Yang?: Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO), Newsletters, Bargain stocks, Stocks to BuyLately its been very difficult for investors to get their bearings, but I can tell you that the winners in

A Qantas merger with British Air makes little sense: Filed under: Deals, IndustryPerhaps it would make good sense for a big Pacific-based carrier to merge with an Atlantic-based one. But perhaps not.British Airways is considering a merger with Qantas. According to

Yahoo! buyout at $22 per share seems unlikely: Filed under: Rumors, Products and services, Yahoo! (YHOO)When Michael reported yesterday that former AOL head Jon Miller was hoping to buy Yahoo! for over $20 per share, I did a double take.

ETF Portfolios: Go Nuclear with NLR: Filed under: Mutual funds, Money and Finance Today, ETF Investing, CommoditiesWhile the world is seeking out alternative energy sources, nuclear energy is gaining some steam. Irans Deputy Foreign Minister, Hossein Sheikholeslam, recently said that his country needs nuclear energy as

Job cuts up 148% as the downward cycle deepens: Filed under: Economic data, Financial CrisisThe recession, which officially began a year ago, is accelerating the pace of job loss. Since I began to notice the collapse of subprime back in the

Constellation Energy (CEG) gets sweeter offer from French: Filed under: Major movement, Deals, Good news, Berkshire Hathaway (BRK.A), Options, Technical AnalysisConstellation Energy Group (NYSE: CEG - option chain) shares have moved higher today after French power company

Is this the best time to commit new money to stocks?: Filed under: Forecasts, Politics, Recession, Financial CrisisWhats one reason for not jumping back in the market at this juncture? Well, one could certainly cite end-of-the-year tax loss selling, which typically weighs on

Analyst calls: GENZ, UBS, RIMM, BBBY, WYNN, RTP . . .: Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiationsAnalyst upgrades: Oppenheimer upgraded Genzyme (NASDAQ: GENZ) to Outperform from Perform on expectations that upcoming regulatory events, mainly approvals of Mozobil and 2,000L

Alpha Natural Resources slashes full-year outlook on weak coal demand: Filed under: Forecasts, Bad news, CommoditiesCoal-mining concern Alpha Natural Resources (NYSE: ANR) is trading sharply lower today after cutting its full-year earnings and production forecasts. Due to lower coal demand from steelmakers, ANR now expects net income of $175 million

Harvard endowment loses $8 billion - how will colleges survive?: Harvard reports that the value of its endowment has declined $8 billion between the end of June 2008 through October 2008. That would make Harvards endowment worth 22% less than at the end of June, or $26.9 billion -- but

No one is watching how Paulson money is spending the bailout money: Filed under: Financial CrisisAuditors from the General Accounting Office say that no one is keeping particularly good tabs on how the Paulson $700 billion bailout is being used. According to The New York Times, Government auditors urged the Treasury Department

Buy.com has best sales ever on Cyber Monday: Filed under: Industry Buy.com led the Cyber Monday charge this year, having the best sales day in its history. While predictions for this years retail holiday season have been pretty dire, it would seem more holiday gift buyers have the

Microsoft beats Sony on Black Friday (real winner: Activision Blizzard): Filed under: Microsoft (MSFT), Sony Corp ADR (SNE), Black Friday, Electronic Arts (ERTS), Activision Inc (ATVI)Microsoft (NASDAQ: MSFT) is in mortal competition with Sony (NYSE: SNE). The Xbox 360 wants to destroy the

No. 3: Rich people know the foundation for all returns is risk: Filed under: Getting started, Rich in America, Personal financeThis post is part of a series where personal finance expert Dan Solin looks at money secrets that help the rich stay rich. See

The Kirk Report

Earnings & Automakers: Good morning. Following the fourth-sharpest point decline in the Dow ever, premarket futures are showing a positive bias. Frankly, its been difficult to understand why the premarket futures are in rally mode other than for the big loss yesterday. Along...

Bear Market Beer: Will historic returns give way to additional gains? A preview of this weeks earnings & economic data Reports on both construction spending & manufacturing disappoint Its no time for the Fed to act like a bashful virgin. -Vincent Reinhart Governments...

Funny Money: I enjoy looking at political cartoons and in recent weeks they have certainly taken on a financial focus: My personal favorite is the very last one.

Cyber Monday: Good morning. Premarket futures are suggesting a weak start of the new week and month. Other than the acquisition of Mentor by Johnson & Johnson, the news wires are relatively quiet. Of course, focus remains on holiday shopping as preliminary...

A Thanksgiving Feast: The bears clearly went on Thanksgving vacation. After all, they have a lot to be thankful for in 2008! For the week, the S&P 500 rallied back +12.03%, Dow +9.73%, Nasdaq +10.92%, and the Russell 2000 +16.38%. Looking through the...

Kirk's New Workstation: Since everyones focus today is on spending money, I thought it would be a perfect time to talk about my new computer workstation which will arrive via FedEx by the end of the day. In this post, Ill provide details...

Talking Turkey: The Biggest Turkeys of 2008 50%-off deals are not expected to save retail sales on Black Friday Retailers offer big discounts and then pray What does Black Friday mean anyway? Market performance on Black Friday Holiday shopping with deflated stocks...

Black Friday: Good morning. After the largest four-day recovery since the Great Depression, stock futures are indicating a soft start to the final trading day of November. Theres not a lot of market moving news this morning other than terrorism in Mumbai...

Happy Thanksgiving!: Another *VERY* nice day for the market. Seriously, we need Obama to give a speech every single day until the end of the year! As many of you already know, the stock and bond markets in the U.S. are closed...

A Time For Thanksgiving: It has been a year to remember and Im far more thankful this year than any I can remember in the past. Here are some of the many things I plan to celebrate tomorrow: For my wife who after several...

More Weak Data Ahead Of Holiday: Good morning. Following weakness in overseas markets and a flood of economic data, premarket futures are suggesting a lower open. The key headlines this morning include a much weaker than expected durable goods, jobless claims fell 14K to 529K last...

Spending Spree: Consumers and businesses may not be spending money as they have in the past, but the government is on a historic spending spree. While we didnt gain much ground today, we didnt roll over and die either. A few more...

Turkey Shoot: Fed announces new facility to boost consumer lending How the TALF will work Obama vows 2.5 million new jobs by 2011 Geithner hits the ground running at Treasury Obamas economic advisers deemed market-oriented Obama spending plans a work in progress...

TALF: Good morning. Following the largest rally for the market in about twenty years, premarket futures suggest were moving higher again today. While the economic data this morning wasnt too inspiring (Q3 GDP fell 0.5% & weak chain store sales), premarket...

Monday Mailbag: As usual, I had a lot of great questions to choose from for todays mailbag. In this edition, I will discuss the following: Market Timing: Is Now The Right Time To Get Back In? How To Find Which ETFs A...

Bailouts & More Stimulus: Good morning. We are set to start Thanksgiving week on a positive note as Citigroup gets bailed out by the government and President-elect Obama introduces his economic team headlined by Tim Geithner at Treasury, Larry Summers as economist-in-chief and Peter...

Another Horrible Week: A late day super snapper allowed us to finish on a positive note in what was another horrible week for the market. For the week, the S&P 500 lost -8.39%, Dow -5.31%, Nasdaq -8.47%, and the Russell 2000 -10.95%. As...

Q&A With Jeff Miller: It is with great pleasure to have Jeff Miller, from A Dash Of Insight, to participate in this months Q&A. Many of you know Jeff because Ive linked to many (if not the vast majority) of his blog posts. In...

Up In Flames: The latest and greatest fear - deflation The Federal Reserve put deflation back on the table Feds Bullard says U.S. deflation is an issue Fed must face Feds Lacker sees 2009 rebound Inflation is bad for stocks. The only thing...

Footnoted.org

Too much BBQ for Pilgrim’s Pride…: There’s something about this song that I first heard in Florida called “Too Much BBQ” by (mute the sound on your computer first) Big Twist and the Mellow Fellows that made me think of the bankruptcy filing by Pilgrim’s Pride

Some post-Thanksgiving turkey…: As footnoted regulars know, companies love to file juicy stuff on days like this past Friday — a day when few people are likely to pay attention. And while there were quite a few worthwhile SEC filings, this report from

Former Tyco execs watch portfolios grow while in prison…: It’s no secret that the markets have been in the dumps with the S&P 500 down over 41% year-to-date. Still, it’s good to know that some people are making money in the current market, even if those folks happen to

Gone fishing — seriously…: Every now and then, we come across something in a filing that just makes us slap our head and say, “What the heck were they thinking?”. And that’s exactly what happened when we skimmed the proxy that A. Schulman (SHLM)

Wal-Mart’s $1.1 million “associate”…: Friday’s announcement by Wal-Mart (WMT) that H. Lee Scott Jr. would be stepping down as president and CEO caught lots of people by surprise, according to the WSJ and others.While we don’t profess to know Wal-Mart all that intimately, we

Is Congress footnoted’s new competition?: Earlier this week, we saw various members of Congress outraged because the three top executives of GM (GM), Ford (F) and Chrysler took corporate jets to beg for $25 billion in money. What’s next, you might ask, will Congressmen (and

Odds and ends…: Lots of stuff going on today, so rather than a regular post, here’s some things worth paying attention to:House agriculture hearing (which I’m listening in on right now) on credit default swaps. This is a follow-up to last month’s hearing.

Fortress worries about Obama’s plans and other new rules…: Last Thursday, we had the spectacle of five top hedge fund managers testifying on Capitol Hill. Several Congressmen honed in on the current tax code which allows hedge fund partners (and other partnerships) to be taxed at a lower rate

$55K for a bailout-mobile?: There’s been endless stories written about executive compensation for banks participating in Treasury’s Capital Purchase Program. As the rules clearly spell out, compensation for the five named executives is capped at $500K and there’s additional restrictions on so-called golden parachutes.

Breaking: SEC charges Mark Cuban: Just received a press release from the SEC that it has charged internet entrepreneur Mark Cuban, 50, with insider trading. The release is here on the SEC’s site and the 9 page complaint (pdf) charges Cuban with insider trading —

Lots of drama at Blockbuster…: Over the past 23 years, Blockbuster, Inc. (BBI) has made a lot of money by renting and selling Hollywood dramas. But the financial drama that the company is involved in now is surely one that its executives, employees and investors

Live blogging hedge fund hearing!: Today’s main event — the fifth in a series of hearings examining the market meltdown — is likely to be a lively hearing featuring five top hedge fund managers and a group of professors, among them former SEC Chairman David

A holiday gift from the government…: One of the pieces of the 451-page EESA legislation that hasn’t gotten a lot of attention is the extension of tax credits for R&D that had expired at the end of 2007. Indeed, even the Wikepedia description of the legislation makes

GM’s incredibly sobering 10-Q…: Late yesterday, after a day of headlines like this one, General Motors (GM) filed an incredibly sober 10Q. Weighing in at 337 pages, GM seems to be worried that folks might not get through the whole thing. So they started

On Circuit City’s bankruptcy filing…: This morning’s news that Circuit City (CC) was filing for bankruptcy protection prompted us to go back to something we had footnoted in late August: the employment contract with newly hired Vice Chairman James Marcum. A month later, on Sept.

Companies assess (or at least guess) impact of new Obama Administration…: Even before Tuesday’s election results, companies began contemplating what the change in Administration would mean for them. But now that the results have come in (for the most part, anyway, since there’s still 9 House and Senate seats in limbo),

Voters kick payday lenders to the curb in Ohio, Arizona…: There’s obviously many election stories still coming out from Tuesday’s results, but one that I’ve been following has been ballot measures in Arizona and Ohio designed to limit how much interest payday lenders can charge. In Ohio, voters approved Issue

Who should run the SEC in an Obama administration?: It didn’t take long after last night’s incredibly moving celebration in Chicago’s Grant Park when Senator Barack Obama became President-Elect Obama for attention to turn to key jobs in an Obama Administration. Already, there’s lots of talk about Rep. Rahm

Voting: today and everyday!: One of the great things about living in a democracy is that you get to vote — and not just today at the polls, though of course you should do that. You also get to vote with your pocketbook —

On the politics of subprime and sex party houses….: I’ve been down in Bradenton, Florida the past few days where I started my career as a journalist. After spending the weekend walking door to door to get out the vote for Barack Obama, I’m now turning my attention to

TraderFeed

Bond Returns and Other Market Ideas: * A Look at Year-to-Date Returns - These stats from the Wall St. Journal are for the year through the end of November. What we find is that total returns on short-term taxable bond funds was -6.3%; on intermediate funds

Historical Patterns and Regimes: A Look at Bearish Momentum Days: One of the chapters of my new book (due out in the first quarter of 2009) explains how I use Excel and historical market data to identify possible short-term trading edges. Unlike some traders, I do not use these historical

Cumulative Money Flow for Dow Stocks: Recall that money flow takes the dollar value of each trade and multiplies that by the trade volume. This dollar

Indicator Update for December 1st

Site Seeing Excursion for a Sunday Eve: * More Linking to Come - When I began the Twitter blog within a blog, about 200 traders signed up for the free subscription and I was quite pleased. Now that the Twitter tweets include market stats, links to market

A Look at the Week's Stock Market Rally: Hats off once again to the fine Decision Point site, which separates out the common stocks from all the other

Themes of Recession and Deflation Continue to Dominate Markets

Electromagnetic Pulse (EMP) Threat: No Bailouts For This Crisis: You never hear the one that gets you, snipers say. A bullet traveling faster than sound will impact and wreak its damage before the brain can process what is happening. That little piece of military lore ran through my mind

Stock Performance of Banks Continues to Show Geographic Disparities: A couple of months ago, I made note of geographic variation in the performance of bank shares. Specifically, banks located in regions that had seen greater real estate boom and bust were performing significantly less well in the stock market

Thoughts on Giving Thanks: Researchers have identified several components to psychological well-being, including our overall happiness, our energy level, and closeness in social relationships. Another important component to well-being is contentment: ones satisfaction with life. The literature finds that contentment is different from happiness.

Sector Update for Thanksgiving: Last weeks sector update found a highly oversold situation across all the S&P 500 sectors followed. With the powerful rally this week, the Technical Strength numbers for the sectors have changed, and we are seeing patterns of relative strength and

Sustaining Innovation: Perspectives From Andrew Hargadon: An interesting thesis of Andrew Hargadons book How Breakthroughs Happen is that creative breakthroughs in organizations are more the result of innovation than invention. Organizations that stay ahead of the curve foster collaboration that leads to recombinant innovation: ways of

Using the Short-Term Moving Average of NYSE TICK to Trade Range Days: The previous post showed the distribution of the 10-minute moving average of the NYSE TICK during an uptrend day. Today

Trading With A Short-Term Moving Average of NYSE TICK: I find that a 10-minute moving average of the NYSE TICK removes much of the noise from the one-minute values.

A Trading Performance Insight From Ziad Masri: Dear Readers,I thought this email from reader and commenter Ziad Masri was so insightful, that I asked for his permission to share with others. His key observation, that its not how long you trade, but how many patterns you observe

Indicator Update for November 24th

Bearish Stock Market Sentiment Continues: In general, I have found that my best short-term trades have been in the direction of the Cumulative NYSE TICK

Trading Systems and Quantitative Insights Into Markets: * Going Public - Nice to see that system developer Henry Carstens has started his own hedge fund with his portfolio of trading systems. * Developing a Trading System - Excellent post from A Dash of Insight, with links to

Sector Update for November 22nd: Last weeks update found the S&P sectors in moderate downtrends. A look at the current Technical Strength readings shows that the downtrends have intensified:MATERIALS: -420INDUSTRIAL: -280CONSUMER DISCRETIONARY: -320CONSUMER STAPLES: -300ENERGY: -260HEALTH CARE: -300FINANCIAL: -460TECHNOLOGY: -300These are some of the weakest

A Historically Oversold Market: This past week, the Dow Jones Industrial Average traded about 34% below its 200-day moving average. This eclipses the oversold

Random Roger's Big Picture

An Interesting Number Actually: Dennis Kneale (I know, I know) just gave out an interesting number.Since 1950 there have been 68 days where the Dow

Making Our Way Back: We flew back to Phoenix last night and are driving home to Walker this morning. Regular blogging to resume tomorrow.In the

Perfect Example: I often mention not worrying about things beyond our control. We are in Honolulu facing a serious delay, 90 minute late departure at best.There is some maintenance issue that will be fixed when it is fixed. I could be all

The Country That Was A Hedge Fund: A good read on what happened in Iceland from Fortune.

No title: First item is this article from the WSJ. Apparently the Pennsylvania employee pension has run into some trouble with a portable

Bad Things Happen In Nightclubs: Giants wide receiver Plaxico Burress will face weapons charges after shooting himself in the leg at a nightclub Friday night. Burress

Very Sad News: Doris Dungey, 47, Financial Blogger Known as Tanta, - Obituary (Obit) - NYTimes.com

Sunday Morning Coffee: Barry had a post about Bob Rubins diminished credibility and while the post was a good read there was a secondary

The Big Picture for the Week of November 30, 2008: Videos will resume next week.One of my RSS feeds had this from a site called TickerSpy about the ETFs (and a

Shopping Day!: So do your part and get to clicking!As people maybe have thought about the things they are thankful for in the last couple of days I had a thought about people also being very worried about their financial situations. How

Big Big News...: ...Were moving here!Just kidding.A reader left a question asking about the implosion with Macquarie Infrastructure Trust (MIC), which until very recently

Random Thoughts: Perhaps the market will confound people and all of sudden the 6% days will be behind us now.ProShares launched a bunch

Send It In Jerome!: If you are a fan of college basketball you know that is Bill Raftery standing next to yours truly. Ive been

10% In Two Days: Oh yeah, this is healthy. No panic here.

Knowing Your Own: A great comment came in last week amid the flurry of fear and frustration. A reader shared his asset allocation and

Sunday Morning Coffee: Another day another blog post with a lot of comments left so thank you for that. Working its way into yesterdays

The Big Picture for the Week of November 23, 2008: No video today.If you were having a rough week emotionally then maybe the Geithner rally will allow you to have a better weekend. If you were freaked 24 hours ago and now youre feeling better I would say a couple

WWLD?: Here is the quote from Lou Rukeyser from the 1987 crash as per USA Today.Lets start with whats really important tonight,

Ludacris!: I was on CNBC on Monday talking about whether or not insider buying was important and whether it made sense to

Holy Crud!: The puke down continued yesterday. The sold them with both hands, well they have been selling them with both hands for ages now havent they.I read one quick snippet about JP Morgan and Bank America going to mid 90s levels.

Ticker Sense

December 1st Blogger Sentiment Poll: The bloggers remain bullish, although bears are looking for the rally to end. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+)

2008 EPS Estimates: Nobody Knows: With only one quarter left in the year, analysts are still uncertain about the outcome of 2008. Shown below are the bottoms up 2008 EPS estimates for the S&P 500 and the ten economic sectors. We have sliced these estimates

November 24th Blogger Sentiment Poll: The bloggers remain bullish. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street (+) Dash of Insight (-) Elliot

Don't Call the Bottom: The latest research report print and distributed by Birinyi Associates, Bear Market Strategy, analyzes and discusses every bear market of the last fifty years. From this

November 17th Blogger Sentiment Poll: The blogging world remains bullish for the week. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crossing

Bear Market Strategy: Distributed to Mini-Institutional subscribers on Friday, Birinyi Associates newest publication is a 180 page analysis of every bear market from the last fifty years. Each bear cycle is broken down into its causes, catalysts and final resolution. The first 20

November 10th Blogger Sentiment Poll: Bloggers continue their bullish positions this week. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog (+) Crossing

November 3rd Blogger Sentiment Poll: Bloggers begin the month maintaining the bullish sentiment. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog

Volkswagen: The Biggest Company in the World: Yes, thats right, at one point early this morning EST Volkswagen AG was up 100% and surpassed Exxon-Mobil as the largest company in the world. The move has been blamed on a short squeeze, but could you really imagine XOM

October 27th Blogger Sentiment Poll: There are still more bulls than bears this week. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+)

Re-Read "the next CRASH": the next CRASH was written and distributed to Birinyi Associates clients in August of 2007. In it Mr. Birinyi questioned the rationale behind structural changes such

October 20th Blogger Sentiment Poll: This weeks poll continues the overwhelming bullishness.Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street

December 1st Blogger Sentiment Poll: The bloggers remain bullish, although bears are looking for the rally to end. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+)

2008 EPS Estimates: Nobody Knows: With only one quarter left in the year, analysts are still uncertain about the outcome of 2008. Shown below are the bottoms up 2008 EPS estimates for the S&P 500 and the ten economic sectors. We have sliced these estimates

November 24th Blogger Sentiment Poll: The bloggers remain bullish. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street (+) Dash of Insight (-) Elliot

Don't Call the Bottom: The latest research report print and distributed by Birinyi Associates, Bear Market Strategy, analyzes and discusses every bear market of the last fifty years. From this

November 17th Blogger Sentiment Poll: The blogging world remains bullish for the week. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crossing

Bear Market Strategy: Distributed to Mini-Institutional subscribers on Friday, Birinyi Associates newest publication is a 180 page analysis of every bear market from the last fifty years. Each bear cycle is broken down into its causes, catalysts and final resolution. The first 20

November 10th Blogger Sentiment Poll: Bloggers continue their bullish positions this week. Blogger Sentiment Poll Participants:24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog (+) Crossing

November 3rd Blogger Sentiment Poll: Bloggers begin the month maintaining the bullish sentiment. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog

Gannon On Investing

On a Return to Normalcy: It might not feel like it, but yesterday marked the Dow’s return to normal. Normal valuations that is. A little under two years ago (December 2006), I wrote a series of posts on normalized P/E ratios. In my most important

On Ben Graham, Bank Stocks, and Tom Brown: I wrote a response to Jason Zweig’s column on Ben Graham and bank stocks. Now, Tom Brown of Bankstocks.com has done the same. I have to admit, Tom’s article is better than mine. Both take Zweig to task for his

Festival of Stocks #99: Welcome to the ninety-ninth Festival of Stocks. The Festival of Stocks is a weekly blog carnival dedicated to highlighting the best recent posts on stock market related topics. I am proud to present this weeks best entries to the Festival

On a Starbucks Shuttered: They say you don’t know what you’ve got ‘til it’s gone.I don’t know who they are; but I know of what they speak.I recently lost a coffee place (not a Starbucks). It was a traumatic experience.Last year, my eye doctor

On Ben Graham and Bank Stocks: Jason Zweig writes the Intelligent Investor column for The Wall Street Journal. I’m sorry to say this week’s column is especially unintelligent. When asked whether Graham would be buying financial stocks today, Zweig says no, and gives the following reason:

Book Review: The Ten Commandments for Business Failure: Review by Geoff Gannon

Upcoming Festival of Stocks: Attention Investment Bloggers:I’m hosting this week’s Festival of Stocks (on Monday).Please send me your best post of the last week.Thank you.

Security Analysis: Introduction (Part 1): The introduction to Security Analysis is a treasure trove of Grahamian thought. It is impossible to fully plumb the depths of this Grahamian gold mine in a single post. Therefore, I have separated my comments into two posts. This post

On Liquid Courage: There are two recent pieces on morality and credit worth reading. One is written by David Brooks; the other by Jim Grant.Brooks piece is good; Grant’s is better. Brooks takes the matter as far as he can. He sees the

20 Questions for Jeff of Circle of Competence: Jeff, author of Circle of Competence, is a young and learning investor not yet out of college. He derives his investing framework from Superinvestors ranging from Ben Graham and John Maynard Keynes to Joel Greenblatt and Eddie Lampert. Jeff believes

Blogger Roundtable: July 2008: Note: My continuing weekly commentary on Benjamin Graham’s Security Analysis is being bumped for this roundtable; the commentary will appear here tomorrow morning. Sorry for the inconvenience.This is a new format for Gannon On Investing – a pseudo-roundtable, where the

Security Analysis: First and Second Preface: This book is intended for all those who have a serious interest in security values. It is not addressed to the complete novice, however, for it presupposes some acquaintance with the terminology and the simpler concepts of finance. The scope

Second Largest Bank Failure in U.S. History: Feds Seize IndyMac: Its no longer a rumor; its now news. IndyMac (IMB) has failed.From Reuters:The FDIC said the estimated cost of the California-based banks failure to its insurance fund is between $4 billion and $8 billion. The regulator said it will operate

Whitney Tilson is Short Hanesbrands: According to this post at Seeking Alpha, Whitney Tilson is short Hanesbrands (HBI). I mentioned Hanes (which was then my favorite stock) during a roundtable discussion on October 20, 2006:However, there are many situations (and here is usually where you

Security Analysis: Homework for Monday, July 14th, 2008: GetSecurity Analysis: The Classic 1940 EditionThe Interpretation of Financial StatementsReadSecurity Analysis: Preface to the Second Edition, Preface to

Value Discipline

Analysts in the Confessional: So why the lag in taking earnings estimates down? NBER yesterday declared the existence of recession, yet analysts continue to be reluctant to fess up and mark down their numbers.In an interesting article in Australias Business Spectator this morning, two

Staying in the Game: My sincere apologies to readers I have disappointed in my absence over the last several months. As our business has grown, time has certainly been at a premium and unfortunately, we have neglected our responsibilities to this blog. We hope

The Success Effect: Business and investing is all about people. Great ideas are not just about numbers, and are not just about metrics. Developing an insight

Ben Graham meets the Exchange Trade Note part II: As discussed in the previous post, Nuveen has created an interesting Benjamin Graham based index. Here is a look at the Graham Small Cap Index constituents for the Benjamin Graham Small Cap Value ELEMENTS portfolio:A O Smith CorpAdministaff IncAdtran IncAlon

Ben Graham meets the Exchange Traded Note: Exchange traded notes (ETN) are a fairly new investment product that share some characteristics of exchange-traded funds, or ETFs. They are simply direct debt obligations issued by a bank or investment firm rather than an interest in a pool of

Book Review-"Even Buffett Isn't Perfect": I am a complete sucker for investment books. My wife accuses me of owning several thousand books that have essentially the same title, usually some variant of Value Investing, valuation, or intrinsic value, or securities analysis. Of course, I have

John Templeton- The Triumph of Optimism: Sir John Templeton passed away yesterday. He died, much as he spent his life, peacefully.Geoff Gannon (and it is great to have him back in the blogosphere) has an extensive list of articles outlining Templetons life as well as a

An Interesting Screen-Deteriorating Operating Margins and Increasing Capital Intensity: As one would expect, deterioration in operating margins will occur in economic slowdowns. Marginal competitors frequently will try to clear inventories at ever lower margins in order to generate cash flow. I am particularly interested concerned if a company exhibits

Recurring Revenues and Financial Services- The Competitive Moat of Fiserv: In our last post, we discussed the notion of recurring revenues as it pertains to companies in the industrial sector. The genesis of this idea was a reaction to the prevailing wisdom of many investment strategists to find recurring revenue

Recurring Revenues and Industrials: Economic uncertainty generally steers investors toward steady eddy businesses such as foods, consumer staples, healthcare and utilities. But what investors should be seeking is recurring revenues, predictable and stable revenues with a high degree of certainty.Recurring revenues are highly desirable

A Lemons Market- Information Asymmetry and Bear Stearns: Asymmetric information gets to the root of todays market problem in Bear Stearns. George Akerlof, Michael Spence, and Joseph Stiglitz won the 2001 Nobel Prize in Economics for their work in this area.Akerlof, who wrote the earliest paper in this

Beliefs, Perceptions and Reality-Semiconductor Capital Equipment: Growth has a seductive charm. There is a widespread belief that momentum drives growth and that a succession of knocking down challenges and consequent victories is what characterizes a successful business. But sustained growth is seldom straightforward. Sustained growth frequently

Renaissance and Revival: It has been an extraordinarily long time since I last published thoughts here for which I truly apologize. Needless to say, capital markets have been challenging and clients prefer a higher level of care and attention when markets are rocky.

Happy Thanksgiving!!: Happy Thanksgiving wishes to our American readers! Certainly, no matter what the circumstances that life may bring you, there is always much for which to be thankful.It has been said that the hardest arithmetic to master is that which enables

Fear Brings Opportunity and Digging for Value: Whitney Tilson is the founder and Managing Partner of T2 Partners, a hedge fund, as well as a mutual fund operation. He has co-founded a terrific newletter and established a semi-annual investment conference, Value Investing Congress, where he features a

Where Have All the Deals Gone? and Star Wars Thinking: There is an interesting dichotomy that exists in capital markets. Not so many months ago, pre-August, there was a widespread perception that we were running out of stocks. Private equity interests were gobbling up anything that had a reasonably steady

IT Services and Technology: Cisco Systems (CSCO)s results of last night have cratered a lot of tech stocks today, particularly hardware. IBM. EMC, Network Appliance (NTAP) have all had a good drubbing in todays marketplace.Though the sector has exhibited standout performance relative to most

Some Thoughts on Formulaic Investing: As some of you know, I am an occasional contributor to Shai Dardashtis Reflections on Value Investing. I think you will be impressed with the quality of serious contributors to the investment thinking that characterizes this blog. I commend it

Don't Blame the Cow- Blame the Cowboy: Interesting goings on in the financials. UBS got the ball rolling (and a few heads) with the announcement of a write down of SFr 4 billion resulting in a forthcoming loss for the third quarter. Credit Suisse (CS) also taking

The Sub-Prime Crisis and the Hedge Fund Collapse: Here as we approach the 20th anniversary of the crash of October 19th, 1987, the academic world is starting to read the entrails of the hedge fund crash of 2007 as it relates to the sub-prime crisis.In August, the financial

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

Valuation: NCI Building Systems Inc. (NCS): Company Profile: NCI Building Systems Inc. (NCS) (obtained via Yahoo Finance)NCI Building Systems, Inc. manufactures and markets metal products for the nonresidential construction industry in North America. The company’s Metal Coil Coating segment consists of cleaning, treating, and painting various

Valuation: Olin Corporation (OLN): Company Profile: Olin Corporation (OLN) (obtained via Yahoo Finance)Olin Corporation engages in the manufacture and sale of chlor alkali products to commercial and industrial markets in the United States and internationally. It operates in two segments, Chlor Alkali Products and

Valuation: EnPro Industries, Inc. (NPO): Company Review: EnPro Industries, Inc. (NPO) Company Profile: EnPro Industries, Inc. (obtained via Yahoo Finance) EnPro Industries, Inc. engages in the design, development, manufacture, and marketing of engineered industrial products. It operates through three segments: Sealing Products, Engineered Products, and

Valuation: Sykes Enterprises (SYKE): Company Profile: Sykes Enterprises (SYKE) (obtained via Yahoo Finance)Sykes Enterprises, Incorporated provides outsourced customer contact management solutions and services in the business process outsourcing arena. Its solutions include customer assistance, healthcare and roadside assistance, technical support, and product sales. The

ModernGraham Value Investing Search Engine: We have just created the ModernGraham Value Investing Search Engine, powered by Google Search. Using this search engine, you can search through a number of websites that are focused on value investing. We believe this will be a very useful

Valuation: Graham Corporation (GHM): Company Profile: Graham Corporation (GHM) (obtained via Yahoo Finance)Graham Corporation designs, manufactures, and sells vacuum and heat transfer equipment worldwide. Its products include steam jet ejector vacuum systems; surface condensers for steam turbines; vacuum pumps and compressors; various types of

DJIA Analysis & Portfolios - 8-12-08: Each Tuesday, we will be posting an analysis of the Dow Jones Industrial Average (DJIA). In this analysis, we will show all components which pass our tests for the defensive and/or enterprising investor, our current valuation, and the previous day’s

Stock Market Beat

Corporate Profits: St. Louis Fed: FRED GRAPH

Capacity Utilization: Total Industry: St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

Personal Income and Outlays: Econoday Report: Personal Income and Outlays 31, 2008Personal income in September 2008 rose 0.2% from August. Real personal consumption expenditures (PCE) fell 0.4% and nominal PCE fell 0.3%. Real disposable personal income (DPI) rose 0.1% and nominal DPI increased 0.2%. The

Retail Sales: Economic Indicators.gov

Interest Rate Spreads: St. Louis Fed: Series: WBAA, Moody’s Seasoned Baa Corporate Bond Yield Series: WGS10YR, 10-Year Treasury Constant Maturity RateAccording to the latest data from the Federal Reserve, Baa corporate bonds are yielding 4.56% more than 10-year Treasuries. The chart below shows

Consumer Price Index: 12-Month Percent Change in Consumer Price Index Source: Bureau of Labor Statistics

Capacity Utilization: Total Industry: No description.

Berkshire Ruminations

Merger Arbitrage Mania!: I haven’t heard a lot of discussion about this, so I thought I would put my thoughts down on this blog, because to me the phenomenon is pretty obvious. There is some serious value out there right now, and for

Victory for Wooden Arrow Advocates: It was a glorious evening yesterday when the U.S. Senate passed its version of H.R. 1424, the package of legislation representing Congress’ half-hearted attempt to stabilize the economy. It was glorious for all those of us who have striven so

PS - Where's the hedge funds' bailout?: As the day has worn on, I am getting convinced this is political because here is what Ive been told. Hedge funds are evil. Short sellers are evil. Even the SEC is evil - and that was before it decided

Oh, so now it's the shorts' fault?: Nothing surprises me these days. But that doesn’t mean it doesn’t concern me. This short selling ban is, without question, the scariest thing to come out of the whole mess.And it is not that I don’t have perspective. The meltdown

Thoughts on Anheuser Busch and InBev: I have always had warm feelings towards Anheuser Busch. Growing up in the St. Louis area I couldn’t help it – afternoons at Grant’s Farm, countless Cardinal games at Busch Stadium and the occasional brewery tour. AB is all around

USA Today: There was a good article recently in USA Today about Warren Buffett that quotes me, among others. http://www.usatoday.com/money/markets/2008-06-04-warren-buffett_N.htm

RBP Investing: As some readers may know, I recently started writing a couple of new blogs. One is called RBP Investing. RBP stands for Required Business Performance and was developed by a company in New York called Transparent Value. RBP is a

Fox Business Network Buffett Special: I received an email from a representative of Fox Business Network telling me about the special they are doing at the meeting this weekend. I agreed to publicize it for them, but have to wonder why Liz Claman didnt request

Wrigley Deal and the Annual Meeting: I have been hesitant to jump to many conclusions about the Wrigley deal because I think there are still a lot of unanswered questions about Berkshires involvement in it. Hopefully many of the details will be explained this weekend at

Another Hilarious Screen Capture: Could someone tell me how this headline ended up on Google Finance?

To Whom it May Concern:: This blog is not dead. I am just taking a break. Lots of personal stuff going on, including the recent birth of my first son. I had hoped to work out a combination of names such that his initials would

Buffett Videoconference at MU on Friday: I thought I might help publicize the University of Missouri Trulaske College of Business 2008 Forum on Emerging Issues & Trends in Real Estate. That is mouthful. What it means is that on Friday as part of a symposium on

A few thoughts on the Bear Stearns situation: The first lesson that came to my mind when I heard about this debacle was straight from Buffett: Don’t buy what you can’t understand. Was Bear a simple and understandable business? Of course not. Their investments were so complex that

Empirical Finance Research Blog: If you are interested in financial research you may want to check out a new project I am starting with a friend of mine who is a PhD student at the University of Chicago. It is called Empirical Finance Research:http://empiricalfinanceresearch.blogspot.com/Our

Bullish on TMA: I captured the following screenshot from Yahoo Finance shortly after the market closed today:This was kind of surprising to me given the performance of

Thoughts on the 2007 Chairman's Letter: As usual, Mr. Buffett touches on both classic and contemporary issues in this year’s letter. Two stand out to me as worth quickly addressing.The classic issue most interesting to me is his discussion of See’s Candies (see page 7). It

Warren Buffett Exposure: It sure seems Mr. Buffett is more willing than ever to appear publicly. Next week he will be on CNBC discussing the new letter to shareholders. Here is a link to details on that:http://www.cnbc.com/id/23359277On March 14 (which is coincidentally my

Bill Belichick and Employee Stock Options: Here is another sports-related post…To me, the biggest justice of the Patriots’ losing of the Super Bowl was not that Tom Brady had snickered with overconfidence at Plaxico Burress’ ultimately accurate prediction or even that Bill Belichick had stormed off

Now THIS is cool.: Have you heard about this? Cleveland Indians minor league pitching prospect Randy Newsom is securitizing himself by selling off 4% of any future major league earnings he may realize. For $20 you can buy one share which entitles you (the

Finally, a post about the economy.: I don’t claim to be a macroeconomist, so take what I have to say with a grain of salt. And I am certainly not a market prognosticator, so please don’t interpret what I say as a prediction for the direction

Investment Ideas

Permanent Shutdown: Id like to announce my permanent hiatus from the blogging scene. Ive utilized the blog to leverage my knowledge and show my passion for the business, which has served me well, as Ive learned from this experience a great deal

The Monday Edition- Fixed Income Strategy For This Week & Speculative Trade (ENCY): Ive finally got some spare time, so thought Id share my thoughts on one wild week were going to have.The price action in the US 10-year Treasury yields last week was extremely bearish as the bull channel in place since

Buy MNT (Short-Term Trade): Rationale: 1) With 16% of its float sold short, or 6,537,400 million shares, with 4.3 days to cover and average daily trading volume (3m) of 888K, it will take 7.36 days to cover the entire position.2) On a fundamental level

Stamp duty China impacts 1991-2005: Yes, I know Im on a hiatus, but that doesnt mean I cant take a minute out to re-print something useful I received in the e-mail from someone who would rather not be named.Oct. 1991 - The Stamp Duty was

Featured In Globe & Mail: It is my first time in the Globe & Mail, which is Canadas NYT, and first time in print (no online version). Im thankful to God, GM and everybody else who takes time to come here. Ill sure miss you

Blogging Hiatus: Internship Time: For this summer, I had some good offers, thanks to God, from Barclays (Dubai), UBS (LA) but I chose a firm in the HF industry.I posted their name and a few clients, but have been advised by a friend to

Hedging w/ Futures & Options: Bullish, Bearish & Neutral Strategies: As you know, were in the third year of the presidential cycle, which on a historical basis has been quite bullish for the markets.The DJIA has risen 24 times and fallen 5 times in the 29 third calendar year of

Win A Copy Of Bank Asset & Liability Management: Im delighted to announce that institutional readers (please e-mail me from your corporate e-mail) can win a copy of Bank Asset & Liability Management by Moorad Choudhry (Head of Treasury at KBC Financial Products, derivatives arm of KBC Bank).BALM is

Closed-End Funds To Consider- UTF, SRO, ESD: Ive compiled a list of closed-end funds selling at a discount that you should consider. Besides looking for funds selling below NAV, I looked for companies which have are rated at least 4/5 from Morningstar, have a good 3 year

Is It Time To Buy Gold? (Updated 2 pm): Theres a ratio I like to look at for timing buy/sell decisions in Gold. This ratio, Gold/Oil, helps to identify overbought and oversold opportunities for gold. The chart below shows buying gold when the ratio is 8-10 usually pays of

Thoughts On UK- Policy, Deficits & More: Gordon Brown eagerly awaits June 27th, when Tony Blair will step down as Prime Minister. The initial policy impact of a change in leadership will likely be minimal, as the Chancellor has been the architect of the administration’s economic and

The Monday Edition- Latin America Outlook- Part 1: Brazil & Argentina: Current account surpluses, debt reduction, commodity prices and steady capital remittances remain drivers of exchange rate stability, attracting yield-hungry and aggressive growth investors.The key countries in Latin America have opted to implement alternative exchange rate regimes, but the majorty have

Charity Is Important: Three You Can Donate To Right Now!: It is important that you give back. While weve all been told that, truthfully how many of us actually act on that? There are hundreds of charities, no thousands, of them out there trying to make a difference one way

Thank You FT Alphaville: Just recently FT Alphaville started a blog roll and had me alongside 21/22 excellent blogs. So this post is a Thank You! to their editors for deeming my blog worthy of their time.Much appreciated!Yaser

Managed Accounts- What You Need To Know: Recently I got an e-mail from a lawyer dealing with documenting fund of fund financing who wanted to know more about- Managed Accounts. I liked what I said, so heres a re-print w/ few exclusive additions.Under the managed accounts platform,

Central Banks- A Macro View: Capital flows into emerging markets, driven by a combination of expected stock market gains, currency appreciation, and in some countries high interest rates, have been of increasing concern for central banks. Across the emerging market countries, FX reserves surged by

What's Up With Calpine (CPNLQ)?: Fundamental Picture:WSJs Head On The Street column had a good article on Calpine, so Im going to reprint the necessary excerpts.Plugging Into CalpineCalpine recently told the U.S. Bankruptcy Court for the Southern District of New York that it is considering

Time To Buy NYSE Euronext (NYX): Fundamental PictureHigh margins and return business with secular drivers. NYXs valuation does not fully reflect strength or persistence of growth. NYSEs recent merger with Euronext will enable it to benefit from Cost synergies arising from consolidating platforms and pools of

The Monday Edition- Singapore a) Govt.'s Public Policies & Investments, b) Economy, c) Main Risks.: This week I talk about Singapores: a) Govt.s Policies & Investments (pro-business growth), b) Economy (6-year unemployment low, bankruptcies falling and growth drivers) and c) Main Risks (severe slowdown in US IT imports).Singapore, Asias second richest country after Japan with

BBH Update: Recall on May 4th I posted patterns that were developing in BBH. My intention with this post is just to show that following chart signals for channel trading work. Its always great to have such patterns as the signals are

All credits go to the authors of these sites. Without their hard work Original Signal would not exist. Last updated on December 3rd 2008 22:32 | Contact