Archive for September, 2009

  • Buy List YTD
    , September 30th, 2009 at 10:55 pm

    Three quarters are now on the books. This was the best quarter for stocks in 11 years, and the best two-quarter gain in 34 years. [...]

  • Turns Out, the Gem of Tanzania Is Just a Rock
    , September 30th, 2009 at 4:31 pm

    There could be a metaphor in here: One of the strangest tales in the history of company accounting looks increasingly likely to end with a [...]

  • Fake Press Release Causes IMAX Shares to Surge
    , September 30th, 2009 at 2:29 pm

    In today’s pre-market, shares of IMAX (IMAX) rose as much as 6% on the news that it was being acquired by Disney. There’s one problem. [...]

  • Well, That's a V-Shaped Recovery
    , September 28th, 2009 at 3:44 pm

    I often like to look at how the Morgan Stanley Cyclical Index (^CYC) is performing relative to the S&P 500. The past year has been [...]

  • Well, That’s a V-Shaped Recovery
    , September 28th, 2009 at 3:44 pm

    I often like to look at how the Morgan Stanley Cyclical Index (^CYC) is performing relative to the S&P 500. The past year has been [...]

  • Zeroing in on Zero Hedge
    , September 28th, 2009 at 2:13 pm

    Joe Hagan profiles the financial blog Zero Hedge in New York Magazine. In the past, I’ve defended Zero Hedge from attacks on its decision to [...]

  • Michael Moore: Jesus Wouldn't Play the Stock Market
    , September 28th, 2009 at 1:05 pm

    As to the Jesus’ financial views, I’ll have to defer to those with greater Biblical knowledge. The only financial stand I know Jesus had was [...]

  • Michael Moore: Jesus Wouldn’t Play the Stock Market
    , September 28th, 2009 at 1:05 pm

    As to the Jesus’ financial views, I’ll have to defer to those with greater Biblical knowledge. The only financial stand I know Jesus had was [...]

  • The Five Most Overpaid CEOs
    , September 28th, 2009 at 12:26 pm

    CNNMoney.com lists the five most overpaid CEOs. They are: Michael Jeffries, Abercrombie & Fitch James W. Stewart, BJ Services Company Brian Roberts, Comcast Corp. John [...]

  • My Thoughts on HR 1207
    , September 28th, 2009 at 12:24 pm

    I want to address the issue of HR 1207 and the Fed audit. If I were in Congress, I would support the bill. I say [...]

  • Get Your Resumes Ready
    , September 28th, 2009 at 11:54 am

    Goldman Sachs is hiring. It must be part of some plot.

  • Gambling on Zombie Stocks
    , September 28th, 2009 at 11:41 am

    The LA Times writes that investors are speculating on busted stocks like Lehman and Washington Mutual that are still trading. Shares of Lehman have nearly [...]

  • WaPo Rewrites History
    , September 28th, 2009 at 11:23 am

    The Washington Post runs a very deceptive article today claiming that community groups warned the Federal Reserve about subprime loans and the Fed repeatedly ignored [...]

  • Earnings Revisions At Two-Year High
    , September 28th, 2009 at 10:18 am

    Bespoke notes that analysts are becoming more bullish: Our daily tracking of analyst revisions for stocks in the S&P 1500 shows that over the last [...]

  • Taleb Watch
    , September 28th, 2009 at 10:03 am

    Joe Weisenthal spots bigmouth Nassim Taleb in the news again. “Bernanke, Geithner and Summers didn’t see the crisis coming so why are they still there?” [...]

  • Time May Sell Time Magazine
    , September 26th, 2009 at 12:42 pm

    Unthinkable. Time Warner Inc will eventually sell the Time Inc magazine unit and could buy holdings in its core entertainment category, Gordon Crawford, its largest [...]

  • Guess What Bank Has Made $33 Billion This Year?
    , September 26th, 2009 at 12:20 pm

    Give up?

  • Sand Animation
    , September 26th, 2009 at 11:54 am

  • Museum Day
    , September 25th, 2009 at 4:01 pm

    Tomorrow is Museum Day! Hundred of museums are letting folks in free of charge. You can download an admissions card here, and see what museums [...]

  • Kevin Warsh In Today's WSJ
    , September 25th, 2009 at 3:11 pm

    Kevin M. Warsh of the Federal Reserve wrote an op-ed in today’s Wall Street Journal titled “The Fed’s Job Is Only Half Over.” I’ve read [...]