Archive for August, 2007

• Buy List Update
  Eddy, August 30th, 2007 at 5:06 pm

  Now that 2007 is nearly two-thirds over, let’s have a look at how our Buy List is doing. So far, the 20 stocks on the [...]

• Dell’s Earnings
  Eddy, August 30th, 2007 at 4:36 pm

  Dell (DELL) just reported surprisingly good earnings of 32 cents a share. Dell, like competitors Hewlett-Packard and Apple, profited from lower costs for computer components [...]

• The Bin Laden Trade
  Eddy, August 30th, 2007 at 9:32 am

  Steven Smith and Aaron Task at TheStreet report on unusual options trades: The first area of focus is that open interest on September 700 S&P [...]

• GDP Revised Higher
  Eddy, August 30th, 2007 at 9:18 am

  Second-quarter GDP growth was revised higher this morning from 3.38% to 3.96%. The WSJ runs through some of the numbers. Trade gave the economy a [...]

• Hump Day Redux
  Eddy, August 30th, 2007 at 9:16 am

  Yesterday was the 14th time in the last 19 Wednesdays that the S&P has rallied. The numbers here are truly remarkable. The market is up [...]

• It felt like `Apocalypse Now,
  Eddy, August 30th, 2007 at 8:46 am

  The latest problem with the Hamptons–a surge in helicopter traffic: “It felt like ‘Apocalypse Now,’” East Hampton resident Kathi Goldman said at a recent public [...]

• How Much Would You Pay?
  Eddy, August 29th, 2007 at 11:03 am

  Let’s say some kids in your neighborhood have a lemonade stand. You’re impressed by their entrepreneurial spirit so you order a glass and ask them [...]

• ‘Subprime Chuck’ Schumer Plays the Fool
  Eddy, August 29th, 2007 at 9:36 am

  The subprime mess has ushered in a new level of clueless political grandstanding. Naturally, Chuck Schumer is around to take first prize. The chairman of [...]

• Major Investment Banks
  Eddy, August 29th, 2007 at 9:31 am

  Here’s a look at how the major investment banks have fared:

• Great Moments In Aviation History
  Eddy, August 29th, 2007 at 9:16 am

  Two passengers on Spirit Airlines wrote the company to complain about their delayed flight which caused them to miss a concert. Baldanza (Spirit’s CEO) supposedly [...]

• Wallstrip Does Checkpoint Systems
  Eddy, August 29th, 2007 at 9:08 am

• Dow Drops 280 Points
  Eddy, August 28th, 2007 at 4:48 pm

  The Dow lost 280 points today. There’s something odd about the 280-point level. This is the sixth time in the past seven weeks that the [...]

• Yahoo Update
  Eddy, August 28th, 2007 at 4:23 pm

  Five months ago, when Yahoo (YHOO) was at $31 a share, I wrote that I wouldn’t touch it for half that price. The market is [...]

• Knight Capital May Return Hedge Fund Fees
  Eddy, August 28th, 2007 at 4:04 pm

  Here’s a new one. Knight Capital (NITE) may return $68 million in fees of its hedge funds due to lousy returns. The Jersey City, N.J.-based [...]

• Market Talk from 1996
  Eddy, August 28th, 2007 at 2:18 pm

  Here’s a video of Jim Cramer (with hair!), Gail Dudack and the Motley Fool brothers on the Charlie Rose show from October 1996. The market [...]

• Cox for AG?
  Eddy, August 28th, 2007 at 10:02 am

  Gonzales is out, the NYT lists some possible successors: Among the candidates, they said, were Michael Chertoff, the secretary of homeland security and a former [...]

• The Day The Loan Died
  Eddy, August 28th, 2007 at 9:45 am

  From Jane Wells’ blog, sung to the tune of American Pie: Long, long time ago… I can still remember How that yield spread made me [...]

• Is It Over Already?
  Eddy, August 28th, 2007 at 9:26 am

  For the last three weeks, the most interesting investment to watch was the rate on the 90-day T-Bill. I’ve never seen it so erratic. But [...]

• Market Mania Grips Kenya
  Eddy, August 28th, 2007 at 9:11 am

  The stock market is all the rage in Kenya: One ordinary afternoon in a bright, marble-floored lobby downtown here, the following conversation took place between [...]

• Renaissance to Pursue Private Offering
  Eddy, August 28th, 2007 at 9:00 am

  From the FT: Renaissance Technologies, one of the world’s biggest hedge fund groups, has shrugged off concerns about volatile global markets and is considering a [...]