Archive for December, 2007

  • We’re Winning!
    , December 21st, 2007 at 4:32 pm

    Thanks to the big 23% surge from Respironics (RESP), our Buy List has finally surpassed the market this year. For the year, we’re up 5.38% [...]

  • CNBC Threatens Fox Guests
    , December 21st, 2007 at 9:53 am

    From Douglas A. McIntyre at Wall Street 24/7: Perhaps GE (GE) unit CNBC should let Fox Business succeed or fail on its own merits. Threatening [...]

  • Holy Crap! Royal Philips Electronics Is Buying Respironics
    , December 21st, 2007 at 9:19 am

    This is great news for the Buy List. I love Respironics (RESP) and the stock has been very good to us. The deal is for [...]

  • The Santa Claus Rally
    , December 21st, 2007 at 8:27 am

    Today marks the beginning of the Santa Claus Rally. Earlier this year, I crunched all the numbers of the Dow’s daily return from 1896 to [...]

  • The Buy List So Far
    , December 20th, 2007 at 4:40 pm

    What was once unthinkable, now could happen. The 2007 Buy List might catch up to the market before the year ends. As of today’s close, [...]

  • Avoid Turnaround Stocks
    , December 20th, 2007 at 9:52 am

    One of my repeated warnings to investors is to avoid turnaround stocks. Companies rarely turnaround smoothly. Poor-performing companies do indeed turn around, but it’s much [...]

  • The 2008 Buy List
    , December 20th, 2007 at 6:51 am

    I apologize for being a little late with this, but without further ado…here’s the Crossing Wall Street Buy List for 2008. (Woo!) AFLAC (AFL) Amphenol [...]

  • The Fed and Britney’s Sister’s Boyfriend
    , December 19th, 2007 at 11:38 am

    The Federal Reserve has announced new rules to curb risky lending. Bess Levin sees a perfect analogy. Is the Fed’s announcement that it’s going to [...]

  • Best Subprime Story You’ll Read Today
    , December 19th, 2007 at 7:49 am

    From Bloomberg: One week in 2002, Daniel Sadek was $6,000 short of covering the payroll for his new subprime mortgage company, Quick Loan Funding Corp. [...]

  • My Solution to the Subprime Mess
    , December 19th, 2007 at 6:44 am

  • Goldman’s Earnings
    , December 18th, 2007 at 10:44 am

    Goldman Sachs (GS) just wrapped up another phenomenal year. I honestly don’t know how they do it. The numbers really boggle the mind. For their [...]

  • FactSet’s Earnings
    , December 18th, 2007 at 10:23 am

    Another Buy List stock reported earnings today. For its fiscal first quarter, which ended in November, FactSet Research Systems (FDS) earned 58 cents a share. [...]

  • Burton Malkiel on CNBC
    , December 17th, 2007 at 7:31 pm

    Here’s Burton Malkiel discussing the global economy.

  • Malthus Strikes Back
    , December 17th, 2007 at 2:10 pm

    Today is an historic day. For the first time ever, a bushel of wheat is going for more than $10. But in real terms, wheat [...]

  • Jeremy Siegel’s Outlook for 2008
    , December 17th, 2007 at 1:48 pm

    Jeremy Siegel is always worth listening to. Here’s part of his outlook for next year: Economic Growth But the impact of the crisis on the [...]

  • Why the Dollar Might Rally
    , December 17th, 2007 at 11:44 am

    From today’s WSJ: The belief that the Fed would be forced to sharply reduce interest rates to stimulate economic growth has weighed heavily on the [...]

  • Wall Strip Visits Facebook
    , December 17th, 2007 at 11:02 am

    Take the Wallstrip survey!

  • Eugene Fama on Momentum Stock
    , December 16th, 2007 at 9:41 pm

    From The Region: Region: Let me ask you about momentum. You’ve said that it’s the strongest challenge to the hypothesis of market efficiency. Can you [...]

  • Bernice Johnson Reagon
    , December 14th, 2007 at 4:25 pm

    It’s Friday and the market is closed. I am so outta here. Let’s start the weekend with the great Bernice Johnson Reagon.

  • Why Bears Always Have the Best Arguments
    , December 14th, 2007 at 10:59 am

    Paul Kedrosky wonders why bears always have the best (or at least, most compeling) arguments: Even though the stock market has rightly been called the [...]