Archive for May, 2008

• The Yen’s Negative Beta
  Eddy, May 29th, 2008 at 4:09 pm

  Greg Mankiw sees this chart and wonders, “Is the yen a negative beta asset?” Well, let’s take a look. The graph below shows the daily [...]

• But Of Course
  Eddy, May 29th, 2008 at 8:46 am

  From The Economist‘s corrections box: Our Contents box last week in some editions referred to Albert Hofmann, the father of LSD, as German. He was, [...]

• The Buy List Is Holding Up Well
  Eddy, May 28th, 2008 at 4:51 pm

  Even though the market has been a bit shaky, our Buy List is doing fine. In the last six sessions, the S&P 500 is down [...]

• Revenues at the Internet Stocks
  Eddy, May 28th, 2008 at 3:42 pm

  Growing sales isn’t everything, but it sure helps. Here’s a look at the growth in revenues over the last ten years at Amazon (AMZN), Yahoo [...]

• Donaldson Raises Its Estimate for the Third Time
  Eddy, May 28th, 2008 at 12:08 pm

  More good news from another boring stock. After the bell yesterday, Donaldson (DCI) reported earnings for its fiscal third quarter of 57 cents a share. [...]

• Jos. A. Bank: Clearance Sale
  Eddy, May 27th, 2008 at 11:02 am

  Kiplinger looks at one of our most frustrating stocks, Jos. A. Bank (JOSB): Investors are uneasy with Bank because the Hampstead, Md., retailer shuns Wall [...]

• Wall Strip on Hasbro
  Eddy, May 27th, 2008 at 7:35 am

  Julie looks at Hasbro (HAS). After nine long years, the stock finally made a new all-time high recently. In 1974, you could have picked up [...]

• In Memoriam
  Eddy, May 26th, 2008 at 4:36 pm

  It is, in a way, an odd thing to honor those who died in defense of our country, in defense of us, in wars far [...]

• Momentum Has Lost Some Momentum
  Eddy, May 23rd, 2008 at 11:04 pm

  Kirzner Fervor has a great post on building a trading strategy off the stocks market’s momentum. The bottom line is that historically, it’s worked very [...]

• Maxine Waters Threatens to Nationalize Oil Companies
  Eddy, May 23rd, 2008 at 1:34 pm

  No, really. From the NYT: In one of the more pointed exchanges, Representative Maxine Waters, Democrat of California, seized on the record $40.6 billion profit [...]

• The Buy List Since 2006
  Eddy, May 23rd, 2008 at 12:18 am

  I don’t think I’ve done this yet, but here’s how the Buy List has performed since I started it in 2006. I had a small [...]

• Pfizer Hits 10-Year Low
  Eddy, May 22nd, 2008 at 4:24 pm

  Shares of Pfizer (PFE) closed today at their lowest level since September 1997. The dividends would have given you about a 26% return. For years [...]

• Do 1.3 Million People Really Make Their Living Off Ebay?
  Eddy, May 22nd, 2008 at 9:48 am

  Here’s a good article from Daniel Gross. You know how eBay always says that 1.3 million people make their living off eBay. Well, it’s not [...]

• How Economists Invest
  Eddy, May 22nd, 2008 at 9:40 am

  Check out how the American Economic Association structures its investment portfolio. They’re doing pretty well. (Via: Mankiw.)

• More Than You Ever Cared to Know About P/E Ratios
  Eddy, May 21st, 2008 at 12:40 pm

  I want to expound on what I said the other day about the use of Price/Earnings Ratios. It works like this, picking stocks (good), timing [...]

• Hauser’s Law
  Eddy, May 21st, 2008 at 10:22 am

  In yesterday’s WSJ, David Ranson has a bizarre article expounding on, what he calls, Hauser’s Law, which is named in honor of economist Kurt Hauser. [...]

• Scary Government Fact of the Day
  Eddy, May 20th, 2008 at 4:34 pm

  From Megan McArdle: If you want to know just how ridiculous our agricultural programs are, consider this: for about half a century, we priced milk [...]

• Inflation Watch: $175 Burger on Wall Street
  Eddy, May 20th, 2008 at 2:11 pm

  Forget about $130 oil, there’s a $175 burger. The burger can be enjoyed at the Wall Street Burger Shoppe on Water Street between Broad Street [...]

• Investing on the First Day of the Month
  Eddy, May 20th, 2008 at 11:12 am

  Since the start of this decade, the S&P 500 is now down -2.9% (toss in dividends, it’s up +11.7%). However, investing in just the first [...]

• Tanta on Robert Shiller
  Eddy, May 20th, 2008 at 10:25 am

  Tanta at Calculated Risk has a great post on Robert Shiller’s recent editorial in the New York Times. I’ve often taken exception to Shiller’s arguments. [...]