Archive for July, 2009

  • Lithuania’s GDP plummets 22.4%
    , July 28th, 2009 at 9:12 am

    Wow. It’s astounding that a country’s economy can fall by nearly one-fourth. Lithuania’s economy shrank 22.4 percent in the second quarter compared to the same [...]

  • Coach’s Earnings Fall
    , July 28th, 2009 at 9:01 am

    It’s always interesting to keep on eye on how well high-end retailers are doing. Consumers tend to cut back on luxury items during a recession. [...]

  • Recession Leading to Rise in Public Sex
    , July 27th, 2009 at 10:11 am

    In Britain anyway. Police say there has been a huge increase in the number of folk enjoying outdoor romps since the economic downturn began. Sex [...]

  • Wall Street Analysts Are Finally Raising Dismal Profit Estimates
    , July 27th, 2009 at 9:48 am

    The good news is that Wall Street is raising its earnings estimates. The bad news is that the old estimates were for incredibly lousy earnings. [...]

  • RIP: John S. Barry
    , July 24th, 2009 at 10:37 am

    Let’s take a moment to honor the memory of John S. Barry who recently passed away. Mr. Barry’s service to American capitalism can be found [...]

  • More on Mo
    , July 24th, 2009 at 10:19 am

    Over at the Economist, Buttonwood highlights a study that touches on one of our favorite subjects—momentum investing. The study shows that momentum has been a [...]

  • Gasparino Responds to Crossing Wall Street
    , July 23rd, 2009 at 3:21 pm

    When he talks about the “one blogger” who made the George Eliot remark yesterday, that was me. I’ll reiterate—I’m a CG fan. I use my [...]

  • More Diverse Financial Journalism
    , July 23rd, 2009 at 3:03 pm

    Justin Fox comes to the defense of Matt Taibbi in the name of “more diverse” financial journalism. Indeed, it would be more diverse to include [...]

  • The Dow Breaks 9,000
    , July 23rd, 2009 at 11:38 am

    The market is up strongly today to another new post-March high. Our Buy List is now up over 20% this year. The Dow just broke [...]

  • The Buy List Hits a New High
    , July 22nd, 2009 at 4:44 pm

    Boo-Yah! We’re up 18.56% for the year. Not only is this blog free — it makes you money. If you started the year with $1 [...]

  • "People Who Don't Matter On Wall Street"
    , July 22nd, 2009 at 1:32 pm

    To people who aren’t familiar with the ways of Wall Street, one of the things I try hardest to convey is the absurd level of [...]

  • “People Who Don’t Matter On Wall Street”
    , July 22nd, 2009 at 1:32 pm

    To people who aren’t familiar with the ways of Wall Street, one of the things I try hardest to convey is the absurd level of [...]

  • The S&P 500 Edges Out Gold
    , July 22nd, 2009 at 12:09 pm

    For the last several weeks, the price of gold and the S&P 500 have followed each other closely. Most of the time, gold has been [...]

  • The S&P 500 Edges Out Gold
    , July 22nd, 2009 at 12:09 pm

    For the last several weeks, the price of gold and the S&P 500 have followed each other closely. Most of the time, gold has been [...]

  • Stryker's Q2 Earnings
    , July 21st, 2009 at 4:56 pm

    After the closing bell, Stryker (SYK) reported second-quarter earnings of 73 cents a share. This was the same as last year’s Q2 and it was [...]

  • Stryker’s Q2 Earnings
    , July 21st, 2009 at 4:56 pm

    After the closing bell, Stryker (SYK) reported second-quarter earnings of 73 cents a share. This was the same as last year’s Q2 and it was [...]

  • Open Letter to Dennis Kneale
    , July 21st, 2009 at 3:36 pm

    (I’m a little new to phony arguing so here goes.) Dear Mr. Kneale, Listen Dennis — I’m tired you “telling it like it is.” Oooh, [...]

  • It's Bernanke Day!
    , July 21st, 2009 at 10:08 am

    Today is Ben Bernanke. For one, he gives the first part of his twice annual report to Congress. Secondly, he led off the day with [...]

  • It’s Bernanke Day!
    , July 21st, 2009 at 10:08 am

    Today is Ben Bernanke. For one, he gives the first part of his twice annual report to Congress. Secondly, he led off the day with [...]

  • Can the Nasdaq Make it 10 in a Row?
    , July 21st, 2009 at 10:00 am

    The Nasdaq has risen for the last nine straight sessions. So far today, it’s down slightly. We’re nowhere close to a record. In August 1979, [...]