Archive for September, 2009

• Buy List YTD
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, September 28th, 2009 at 11:54 am

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

• Gambling on Zombie Stocks
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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
  Eddy, 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?
  Eddy, September 26th, 2009 at 12:20 pm

  Give up?

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

• Museum Day
  Eddy, 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
  Eddy, 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 [...]