Archive for October, 2007

  • Bernanke Warns
    , October 24th, 2007 at 12:21 pm

    Bernanke Warns on US Housing, Economy Bernanke warns stock investors Bernanke warns against ad hoc regulation of derivatives Bernanke warns of economic ‘drag’ Bernanke Warns [...]

  • Aflac’s Earnings Report
    , October 24th, 2007 at 12:05 pm

    Aflac (AFL) has been a great stock for us this year. At one point, it hit $60 a share today making it about a 30% [...]

  • XLK or QQQQ?
    , October 24th, 2007 at 10:51 am

    I was recently asked what’s the difference, in trading terms, between the Nasdaq 100 (QQQQ) and the S&P 500 Tech Spyders (XLK). The short answer [...]

  • The First Day of the Month
    , October 23rd, 2007 at 2:59 pm

    Here’s a surprising stat. Since the beginning of this decade, all of the market’s gain have come on the first day of the month. The [...]

  • WR Berkley Down on Earnings News
    , October 23rd, 2007 at 1:34 pm

    Shares of WR Berkley (BER) are down on what I thought were decent earnings. The company earned 93 cents a share compared with 87 cents [...]

  • Does Apple Ever Go Down?
    , October 22nd, 2007 at 1:00 pm

    Seriously, it can’t go up every day. Can it?

  • Old School Grimace
    , October 20th, 2007 at 3:07 pm

  • Twenty Years Ago Today
    , October 19th, 2007 at 10:21 am

    On Monday, October 19, the Dow dropped 508 points, or 22.6%, in its worst crash in history. Of course, stocks came right back and the [...]

  • Torre Out as Yankee Skipper
    , October 18th, 2007 at 4:14 pm

    Breaking news: Joe Torre is out as Yankee skipper. Is there a market effect? Could be. Twenty years ago tomorrow, Steinbrenner hired Billy Martin for [...]

  • Odd Stat of the Day
    , October 18th, 2007 at 3:35 pm

    If you got shares of Google (GOOG) at the IPO price you would have made an average of 5% every four weeks for the last [...]

  • What the Market Thinks the Fed Will Do
    , October 18th, 2007 at 9:43 am

    Here’s an interesting tidbit. The Federal Reserve Bank of Cleveland has a site that tracks what the futures market thinks the Fed will do.

  • ‘Mr. Madam’ grilled in Wall Streeter’s death
    , October 18th, 2007 at 8:41 am

    This is sad and strange, but the investigation into Seth Tobias’ death has taken an odd turn: The aftermath of last month’s death in Jupiter [...]

  • Two Quick Earnings Notes
    , October 18th, 2007 at 6:44 am

    Solid numbers from Danaher (DHR) this morning. The company netted 98 cents a share, which is a penny better than the top of its range. [...]

  • Illinois Tool Works (ITW)
    , October 17th, 2007 at 1:07 pm

    If you’re new to investing, don’t be afraid of companies that sound boring. It’s easy to get caught up in looking for the next Google [...]

  • Guess This Stock?
    , October 17th, 2007 at 11:29 am

    Give up?

  • The Free Market and Point Spreads
    , October 17th, 2007 at 11:03 am

    There will be an interesting test of the free market this weekend. The best team in the NFL, the New England Patriots, is playing the [...]

  • Core Inflation Is Still Tame
    , October 17th, 2007 at 10:28 am

    The government reported that headline inflation rose 0.3% last month. The good news is that the core rate, which excludes food and energy, is still [...]

  • A Closer Look at Goldman’s Earnings
    , October 16th, 2007 at 2:19 pm

    Last month, Goldman Sachs (GS) reported amazing earnings. Maybe too amazing: Much of the focus is on Goldman’s trading revenue, which totaled a spectacular $8.23 [...]

  • The Hanger-On
    , October 16th, 2007 at 1:15 pm

    In New York Magazine, Duff McDonald looks at how Chuck Prince still has a job. It’s unlikely the two have ever met, but Citigroup chairman [...]

  • Duck and Cover
    , October 16th, 2007 at 11:07 am

    The first Boomer applies for Social Security: The baby boomers’ stampede for Social Security benefits has begun. The nation’s “first” baby boomer, a retired teacher [...]