April 16, 2010
- Buried In Goldman Sachs (GS) Fraud Buzz – SEC’s Failure On Stanford Ponzi
What a day today. It began like so many in the past few months with low volatility and volume. Another lazy Friday. Then the big sell spike came just after 10:30AM EST. Moments later the reason for the sell spike hit CNBC and an ordinary Friday turned into Freaky Friday. The SEC was filing a [...]
More on this topic (What's this?)Guest Post: Goldman Cracks (naked capitalism, 4/18/10)Is Goldman’s Hardball Stance a Big Mistake? (naked capitalism, 4/20/10)Goldman Sachs’ Misconduct… How to Play the Banking Sector’s Latest Black Mark (Investment U, 4/20/10)An Exclusive Socionomic History of Goldman Sachs - Part 2 (Blogging the Commodity Bull Market, 4/21/10)
March 12, 2010
- Janet Yellen A Cog In The Easy Money Wheel
With the the likely appointment of Janet Yellen to Vice Chairwoman of the Fed, don’t expect the easy money policy to grind to a halt. In fact, Janet “easy money” Yellen is more dovish than Kohn and another cog in the easy money wheel. She supports extremely low rates to keep this economy artificially [...]
More on this topic (What's this?)The Next Wave of the Housing Crisis: Much More Pain in 2010, 2011 (REIT Wrecks, 3/17/10)Auerback: Bernanke Fesses Up: America Has No ‘Insolvency’ Issue (naked capitalism, 2/25/10)Ron Paul on yesterday's FOMC meeting (The Mess That Greenspan Made, 3/17/10)Fed Regional Presidents Conduct Regulatory Land Grab Road Show (naked capitalism, 3/5/10)
March 9, 2010
- Reactions To Cisco’s CRS-3 Router
The internet changing news from Cisco (CSCO) the tech world has been anxiously awaiting was unveiled today. Cisco’s CRS-3 router has been heralded by CEO John Chambers as a system that can download the Library of Congress in a second, stream every movie made in four minutes and allow simultaneous video calls by every single [...]
More on this topic (What's this?)Would Cisco Really Buy Skype? (Telecom Ramblings, 8/29/10)“The Cisco of the Smart Grid” (Money Map Report) (Stock Gumshoe, 3/15/10)Closed CSCO Position (My Trader's Journal, 3/8/10)The Bargin Bin: Cisco Systems (Bullish Bankers, 1/31/10) - Lindsay Lohan Suing Etrade (ETFC) Over Milkaholic Commercial
A brief reprieve from regular programming to bring you this entertaining story out of fantasy land.. I mean Hollywood. Lindsay Lohan, clearly confused and out of touch with reality OR “just following the advice of a greedy lawyer”, is actually filing a lawsuit against Etrade (ETFC) because she feels that the Etrade Milkaholic ad is [...]
More on this topic (What's this?)E*Trade Superbowl Commercial: Milkaholic (market folly, 2/10/10)ETrade Should Sue Lindsay Lohan for Frivolous Lawsuit (Wall St. Cheat Sheet, 3/9/10)Etrade Baby Super Bowl Commercials are Back (Stock Trading To Go, 2/3/10)Lindsay Lohan Hits The Milkahol, Sues $ETFC (LOLFed, 3/9/10)
March 4, 2010
- Facebook IPO In 2011?
The biggest IPO story since Google will continue to leave investors wondering. While the Facebook IPO will happen, there are still no imminent plans with founder Zuckerberg saying “we’re definitely in no rush”, according to a WSJ article today. He makes a good point in that the company is in the envious position of [...]
More on this topic (What's this?)Day Trading Google (, 9/2/10)Quick news – August 31 2010 (Intelligent Speculator, 8/31/10)Quick news – August 4 2010 (Intelligent Speculator, 8/4/10)Google-Verizon Deal Could Spell the End of “Net Neutrality” (Money Morning, 8/9/10)
July 26, 2009
- A Summer Hiatus Begins..
It’s been more than five years now running Self Investors and it’s time for me to reflect and revitalize. Blogging, researching and trading the markets can be incredibly demanding at times, particularly over the past two years and quite frankly, I’m exhausted and need a break. I’m not breaking 100%, but am scaling back for [...]
July 22, 2009
- Amazon (AMZN) Goes Shopping: Gets Zappos.com For $930 Million
Amazon (AMZN) just made a terrific move after the bell today, making its largest purchase ever. It’s acquiring Zappos.com for about $890 million in stock (based on today’s closing price) plus another $40 million in restricted stock and cash. Zappos.com is the leading online shoe retailer that did a billion bucks in revenue last year [...]
More on this topic (What's this?)Of course Amazon (AMZN) results are terrible!! Blame Apple (AAPL) (Intelligent Speculator, 7/23/10)Bookkeeping: Selling 30% of Amazon.com (AMZN) (Fund my Mutual Fund, 9/2/10)Is Amazon a Short? (Scott's Investments, 6/30/10)Amazon.com (AMZN) Down $12 in After Hours... Err Now $15 (Fund my Mutual Fund, 7/22/10)
April 27, 2009
- Swine Flu Stocks
According to StreetInsider.com, the following companies may benefit from protection, therapy and/or vaccination against swine flu. Most of these are highly speculative so trade at your own risk.
Alpha Pro Tech (APT) – protects people with disposable protective apparel such as masks.
Generex Biotechnology (GNBT) – developing drug delivery systems.
Hemispherx BioPharma (HEB) – engaged in [...]More on this topic (What's this?)The Swine Flu Play (Contrarian Profits, 7/30/09)The Hot Zone Is Here (Contrarian Profits, 7/6/09)Return of the Swine Flu: Part 1 (Investment U, 7/23/09)Hotel Stocks 2009 (Wealth Daily, 8/27/09)
March 5, 2009
- Jon Stewart Takes On Cramer, Santelli & Rest of CNBC
Last night Jon Stewart took on CNBC, particularly Jim Cramer and Rick Santelli. Stewart highlights several clips of Cramer recommending buying stocks at the top of the market in late 07 and early 08, including a call that Bear Stearns was fine. The beginning of the rant was aimed at Santelli for canceling an appearance [...]
More on this topic (What's this?)“Do the Rich Even Need the Rest of America Anymore?” (naked capitalism, 8/2/10)The Instant Millionaire (The Money Gardener, 8/9/10)Stop Trading with Cramer (Wealth Daily, 7/12/10)Updated Position (plus a test of leadership) (Centrifugal Deforest, 8/19/10)
February 20, 2009
- Block The Trader Tax Bill HR 1068
You may have heard that US congressman Peter DeFazio introduced H.R. 1068 “Let Wall Street Pay for Wall Street’s Bailout Act of 2009″ which seeks to impose a .25% transaction tax on the sale and purchase of financial instruments such as stocks, options and futures in order to recoup bailout costs.
This bill would essentially [...]More on this topic (What's this?)Gerald Celente: US oligopoly is a big lie (Investment Postcards from Cape Town, 8/10/10)Debunking Bush Tax Cut Myths (naked capitalism, 7/31/10)A Brief Timeline of the Financial Crisis, As Told by our Genius Leaders (Expected Returns, 8/19/10)Vanguard’s Jack Bogle: Investors Take Heed… A Financial Crisis is Imminent (Investment U, 5/3/10)
February 3, 2009
- Online Financial Magazines Headlines
Just a quick heads up to let you know that I’ve created a new page that tracks headlines from top online finance magazines.
I’ve added Barrons, BusinessWeek, CNN/Money, SmartMoney, Kiplinger and Forbes (and will add the WSJ once they get their RSS feeds working!) I’ll probably add a few more in the coming weeks.
This page will [...]
January 29, 2009
- Details of Economic Stimulus Package: Too Much Pork, Too Little Stimulus
The nearly $900 billion (remember when $350 billion was expensive?) economic stimulus package, aka the Pork Package set forth by Democrats cleared the House and heads to the Senate with zero Republican support. If signed into law it would push federal debt to levels not seen since WWII. With support for many social programs, many [...]
More on this topic (What's this?)Will Congress Say “Yes, We Can” To A New $825 Billion Stimulus Package? (Contrarian Profits, 1/16/09)US Stocks-Futures Fall as Stimulus Enthusiasm Fizzles Out (Contrarian Profits, 1/29/09)Does the US need a second stimulus package? (naked capitalism, 7/7/09)China Considering Stimulus Package, Oh My! (naked capitalism, 8/26/08)
January 26, 2009
- Peter Schiff’s Euro Pacific Capital Down 40 – 70% in 2008?
If you’ve been following the financial markets this year with any degree of interest, you’ve probably heard of Peter Schiff. He’s been a media favorite over the past year for calling the US financial collapse and has been everywhere from CNBC to Glenn Beck to CNN to Fox to Bloomberg. I even spotted him in [...]
More on this topic (What's this?)Peter Schiff: U.S. Dollar is a "Bottomless Pit" (Expected Returns, 7/22/10)These Are Peter Schiff’s Gold Predictions (Learn Mining News, 6/20/10)In 2006, Peter Schiff Predicted This Financial Crisis (Contrarian Profits, 10/1/08)WEEKEND READING (THE PRAGMATIC CAPITALIST, 8/15/10)
January 22, 2009
- The Nasdaq Government Relief Index Tracks Big TARP Companies
The Nasdaq OMX has put together an equal weighted index (called the Nasdaq Government Relief Index) of 24 companies that have received over 1 billion in government relief in the form of TARP or other programs. Any index without volume numbers isn’t of much use to me from a trading perspective, but nonetheless it might [...]
More on this topic (What's this?)Geithner Yet Again Misrepresents TARP “Performance” (naked capitalism, 6/22/10)In Re: The Mysterious Case Of the White House TARP (LOLFed, 8/15/10)91 Banks Miss May TARP Payment, 68 Banks Miss Multiple Payments; Top 10 Sovereign Debt Default Ri... (Phil’s Stock World - Members S..., 6/17/10)FBI Uncovers Alleged TARP Fraud (REIT Wrecks, 3/22/10)
November 17, 2008
- Mark Cuban Charged With Insider Trading Mamma.com
Mark Cuban has always said he hates to lose and that passion for "not losing" has him in hot water with the SEC. The WSJ is reporting that Cuban sold his 6% stake in Mamma.com (now Copernic ticker CNIC) just one day ahead of a tip in 2004 that the company was prepared to dilute [...]
More on this topic (What's this?)Mark Cuban Insider Trading (Gold World, 11/17/08)Another High Profile Case of Insider Trading (Contrarian Profits, 11/19/08)Mark Cuban Insider Trading (Wealth Daily, 11/17/08)More to the Mark Cuban Insider Trading Indictment Than Meets the Eye? (naked capitalism, 11/17/08)
October 30, 2008
- Was Charlie Gasparino Drunk?
What a strange exchange between Dylan Ratigan and the always controversial and fiery Charlie Gasparino near the end of the day today. It appeared that Charlie hit the all you can drink liquid lunch buffet this afternoon before appearing on CNBC. Dylan was asking about a Merrill Lynch merger but he just mumbled to [...]
August 13, 2008
- The Pelosi & Pickens Profit Plan With Clean Energy Fuels (CLNE)
Nancy Pelosi is quite a busy woman these days. Juggling the House Speaker role, a new book, chair of the Democratic Convention. Now she’s "trying to save the planet" by sparring with Republicans over offshore drilling issues. Are Pelosi action figures next?
While saving the planet, it appears Pelosi will also line her own pockets [...]More on this topic (What's this?)Clean Energy Fuels (CLNE) Acquires IMW (Green Stocks Central, 7/6/10)Clean Energy Fuels (CLNE) Beats, But Posts Another Non GAAP Loss (Green Stocks Central, 8/9/10)CLNE update (All Allan, 9/1/08)CLNE (All Allan, 7/11/08)
March 16, 2008
- Fed Cuts Discount Rate, JP Morgan (JPM) Buys Bear Stearns (BSC) For 2 Bucks
This is the kind of news that will at least begin the process of a true bottom. I’ve been talking about the cycle of greed and fear recently and the need for a big institution to go under. Call it what you want but Bear Stearns being taken out for 2 bucks is a hair [...]
More on this topic (What's this?)JP Morgan Attempts to Rebuild Market for CMBS “B” Pieces (REIT Wrecks, 5/19/10)JPMorgan (JPM) Shares Recover in Textbook Fashion (Wall St. Cheat Sheet, 7/15/10)Another Revision Of The Q2 GDP Number By JPM: Firm Now Estimates That The Real Economic Performan... (Phil’s Stock World - Members S..., 8/10/10)JP Morgan, Goldman, Deutsche Initiate Coverage On Tesla (TSLA) (Green Stocks Central, 8/9/10)
February 10, 2008
- Yahoo Rejects Microsoft, Google Wins
We’ll see books written about this epic battle of the 3 tech behemoths – Microsoft, Yahoo and Google. Another chapter was written this morning as Yahoo defiantly rejected Microsoft’s bid indicating it "massively undervalued" the company and that the company isn’t likely to consider an offer below 40. There has been talk of Yahoo partnering [...]
More on this topic (What's this?)New Tool For The Toolbox (Dividends Value, 1/10/08)The upcoming war on Google (GOOG) from Microsoft (MSFT) & Facebook (Intelligent Speculator, 7/12/10)Maybe Google (GOOG) is not so different from Facebook (Intelligent Speculator, 7/8/10)Rerun: "The Tiny Company Walking in the Footsteps of Microsoft" (Stock Gumshoe, 12/16/07)
February 7, 2008
- Vanguard Mutual Funds Tops in 07
According to Reuters, Vanguard Mutual Funds pulled in the most money to its stock and bonds mutual funds in 2007, eclipsing American Funds which held the top spot since 2002. Vanguard saw net inflows of 76.2 billion last year compared to 42.7 billion in 2006 as investors poured money into its safer money market accounts and [...]
More on this topic (What's this?)This Week On The D4L Channel (1/13/08) (Dividends Value, 1/13/08)Siphoning: “Legally ‘Trick’ a Mutual Fund into Paying for Your Retirement” (Stock Gumshoe, 6/14/10)Treasury Funds: Get These Time Bombs Out of Your Portfolio (Investment U, 6/21/10)Leveraged ETFs: Avoid These 40 Funds At All Costs (Investment U, 7/1/10)
