Archive for October, 2006

  • Guy Kawasaki
    , October 31st, 2006 at 8:48 pm

    Amanda Congdon has a fascinating interview with Guy Kawasaki, a Silicon Valley venture capitalist. The interview has a light-hearted tone, but his answers are very [...]

  • The Biggest Secret on Wall Street
    , October 31st, 2006 at 1:10 pm

    Here’s an investing secret that many Wall Street professionals know about, but few individual investors are in on. Promise not to tell anyone. OK, here [...]

  • Playboy Stock-Picking Contest
    , October 31st, 2006 at 10:47 am

    With the end of October, I’d thought I’d update the 2006 Playboy Stock-Picking Contest. Right now Courtney Culkin, Miss April 2005, is in the lead. [...]

  • Does This Look Irrational to You?
    , October 30th, 2006 at 3:37 pm

    Not to me.

  • Sysco’s Earnings
    , October 30th, 2006 at 10:45 am

    Sysco (SYY) reported earnings today of 37 cents a share, which beat Wall Street’ consensus by a penny a share. Due to some accounting charges, [...]

  • How to Combat the Rise of Asia
    , October 28th, 2006 at 12:41 pm

    Gabor Steingart of Der Spiegel argues for a Trans-Atlantic Free Trade Zone: The two camps are divided between Europe and America on the one side [...]

  • Beer by the Numbers
    , October 27th, 2006 at 4:21 pm

    From the AP: – 1,409: The number of breweries — ranging from brewpubs to national brewers — operating in the United States. – 306: The [...]

  • Third-Quarter GDP
    , October 27th, 2006 at 10:54 am

    Today’s GDP report was pretty bad. The economy grew by just 1.59% for the third quarter. What concerns me is that this is the second [...]

  • Corrected for Stuff, the Dow Sucks
    , October 27th, 2006 at 6:17 am

    Daniel Gross has caught the Republicans lying again. It turns out that the GOP is claiming that the Dow is at some sort of all-time [...]

  • The Plunging VIX
    , October 26th, 2006 at 1:41 pm

    For the third time in little over a year, the CBOE Volatility Index (^VIX) or VIX is making a run at 10. Last Friday, the [...]

  • Respironcs’ Earnings
    , October 26th, 2006 at 10:38 am

    Shares of Respironics (RESP) are down sharply this morning. The company reported earnings of 33 cents a share, which beat by three cents, but sales [...]

  • Varian Medical Earns 59 Cents a Share
    , October 25th, 2006 at 4:08 pm

    The stock has been falling recently, but it just delivered another solid quarter. Varian (VAR) earned 59 cents a share for the quarter, beating the [...]

  • The Fed Does Nothing. Again.
    , October 25th, 2006 at 2:15 pm

    Here’s the statement: The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent. Economic growth has [...]

  • Defending the Bull
    , October 25th, 2006 at 12:57 pm

    Today, I’m going to try to do the impossible: I’m going to defend the bull market. Now, now. Before we get too carried away, I’m [...]

  • AFL & FISV’s Earnings
    , October 25th, 2006 at 10:05 am

    After the bell yesterday, two more of our Buy List stocks reported earnings results, AFLAC (AFL) and Fiserv (FISV). AFLAC said that it made 73 [...]

  • Top Industry Groups This Year
    , October 24th, 2006 at 2:21 pm

    Steel………………………57.28% Fixed-Line Telecom…..39.99% Autos……………………..35.47% Nonferrous Metals……30.51% Brokers…………………..26.32% REITs……………………..24.66% Gaming…………………..24.38% Restaurants…………….21.16% Broadcasting……………20.80% Aerospace……………….20.73%

  • Gold Vs. Stocks
    , October 24th, 2006 at 1:53 pm

    I get the most mail whenever I write about gold. The point I try to stress is how poorly gold has performed relative to common [...]

  • Not Dead Yet
    , October 23rd, 2006 at 6:06 pm

    Today was another good day for the good guys. The Dow jumped 114.54 points to close at 12,116.91. The S&P 500 is up to 1,377.02. [...]

  • Ford’s Earnings
    , October 23rd, 2006 at 9:55 am

    Ugh, the news continues to be grim for American car companies. Today, Ford (F) announced that it lost $5.8 billion in the third quarter. That’s [...]

  • More Earnings News
    , October 19th, 2006 at 10:07 am

    This is a strange day for earnings. Danaher (DHR) is currently down despite beating estimates by a penny, and raising its full-year guidance. For the [...]