Archive for October, 2008

  • When Will It Turnaround?
    , October 24th, 2008 at 8:08 pm

    Now that the S&P 500 hit another new low today, investors are curious when things will finally turnaround. Is every rally just a bear market [...]

  • The 30-Year T-Bond Hits Lowest Yield Ever
    , October 24th, 2008 at 12:20 pm

    The 30-year T-Bond (^TYX) fell below 4%. Treasuries rose, sending the yield on the 30-year bond to the lowest since regular issuance of the securities [...]

  • It's Official: The New York Times Is Junk
    , October 24th, 2008 at 11:25 am

    Their credit rating that is. Of course, credit ratings are also pretty much junk.

  • It’s Official: The New York Times Is Junk
    , October 24th, 2008 at 11:25 am

    Their credit rating that is. Of course, credit ratings are also pretty much junk.

  • Dollar Bill On Floor Sends Wall Street Into Frenzy
    , October 23rd, 2008 at 4:52 pm

    The Onion reports: Wall Street investors experienced a sudden surge in optimism Tuesday when, after six tumultuous weeks that saw record drops in the Dow [...]

  • The Decline and Fall of Old Media
    , October 23rd, 2008 at 11:10 am

    The New York Times Company (NYT) closed yesterday at a 13-year low. The company reported a loss for the third quarter and it considering cuttings [...]

  • Does this Make Any Sense?
    , October 23rd, 2008 at 11:02 am

    In July, Apple said to expect $1 a share in the next earnings report. Since Wall Street had been expecting EPS of $1.23, the stock [...]

  • Dennis Kneale Shocked then Composed
    , October 23rd, 2008 at 10:52 am

  • Nicholas Financial's Financials
    , October 23rd, 2008 at 10:46 am

    A reader weighs in: I am not averse to buying microcaps and have in fact made some good money doing so. I bought stocks that [...]

  • Nicholas Financial’s Financials
    , October 23rd, 2008 at 10:46 am

    A reader weighs in: I am not averse to buying microcaps and have in fact made some good money doing so. I bought stocks that [...]

  • Your Daily TED Update
    , October 22nd, 2008 at 9:28 am

    We’re down to 251. This is looking much better.

  • It Was Only a Matter of Time
    , October 22nd, 2008 at 8:40 am

    Brokers With Hands on Their Faces

  • Some Thoughts on Nicholas Financial
    , October 21st, 2008 at 1:53 pm

    Yesterday, Felix Salmon had some questions for value investors and he concluded by saying: “I might have some faith in the ability of value investors [...]

  • Lincare and WR Berkley
    , October 21st, 2008 at 12:26 pm

    Two notes from the Buy List to pass on. First, Lincare (LNCR) reported third-quarter earnings of 76 cents a share, which beat estimates by four [...]

  • Fed Chairs for Obama
    , October 21st, 2008 at 9:52 am

    The Bearded One has stepped into the minefield and, apparently, endorsed Obama. Or at least, the Democrats’ stimulus idea. Perhaps Ben just wants four more [...]

  • Financial Crisis Hits Journalism
    , October 20th, 2008 at 9:25 am

    Credit crisis hits America’s farmers Financial Crisis Hits Moscow’s Wealthy and Fancy Crisis hits Aussies’ holiday plans Wall Street Crisis Hits Maine Housing Agency Credit [...]

  • CEO Pay at the Nine Government-Owned Banks
    , October 20th, 2008 at 8:36 am

    Here’s the 2007 CEO compensation at the nine banks that have been semi-nationalized: Merrill Lynch John Thain $83,092,713 Goldman Sachs Lloyd Blankfein $53,965,418 Morgan Stanley [...]

  • Go TED Go
    , October 20th, 2008 at 7:48 am

    The TED spread is down to 327.

  • More Misery in Earnings
    , October 20th, 2008 at 7:03 am

    If I had to guess, I’d say the economy is in a recession right now. That’s not exactly a brilliant insight. It seems pretty obvious [...]

  • Minorities and the Housing Market
    , October 20th, 2008 at 3:47 am

    I was doing some research on any connection between the rise of minority homeownership and the crash of the housing market. Personally. I’m skeptical but [...]