Archive for December, 2009

  • It Was Only a Matter of Time
    , December 22nd, 2009 at 2:51 pm

    The Empire takes over Wall Street. (HT: Carney)

  • Where’s the Priciest Real Estate?
    , December 22nd, 2009 at 2:42 pm

    With the help of Zillow, I looked at the number of homes on the market going for $5 million or more. I found 5,028 homes. [...]

  • Altucher's 10 Predictions for 2010
    , December 22nd, 2009 at 12:55 pm

    James Altucher, one of my favorite financial writers, has his ten predictions for 2010. Here’s a summary: 1.) The S&P 500 will touch 1300 at [...]

  • Altucher’s 10 Predictions for 2010
    , December 22nd, 2009 at 12:55 pm

    James Altucher, one of my favorite financial writers, has his ten predictions for 2010. Here’s a summary: 1.) The S&P 500 will touch 1300 at [...]

  • Treasury Memo
    , December 22nd, 2009 at 11:13 am

    This is brutal. It’s funny, as they say, because it’s true. (I love the idea of 82-year-old Paul Volcker giving the memo a frowny face [...]

  • The S&P 500 Breaks 1,120; VIX Below 20
    , December 22nd, 2009 at 10:20 am

    Stocks are rallying after the poor GDP report. The S&P 500 briefly broke 1,120 for the first time in nearly 15 months. The VIX also [...]

  • The S&P 500 Breaks 1,120; VIX Below 20
    , December 22nd, 2009 at 10:20 am

    Stocks are rallying after the poor GDP report. The S&P 500 briefly broke 1,120 for the first time in nearly 15 months. The VIX also [...]

  • Third-Quarter GDP Revised Down…Again
    , December 22nd, 2009 at 9:43 am

    The final report on third-quarter GDP showed that the economy grew by a lackluster 2.2% during July, August and September. The original report said 3.5%, [...]

  • Invest in Faith
    , December 21st, 2009 at 3:50 pm

    Felix Salmon spots the FaithShares market which has a few faith-based ETF. Here’s a rundown: Baptist (FZB) Catholic (FCV) Christian (FOC) Lutheran (FKL) Methodist (FMV) [...]

  • The S&P 500 Passes Gold
    , December 21st, 2009 at 1:44 pm

    The S&P 500 is currently up 11.65 today to 1,114.12 while gold is down $17.80 to $1093.70. I have no idea what this means but [...]

  • The S&P 500 Passes Gold
    , December 21st, 2009 at 1:44 pm

    The S&P 500 is currently up 11.65 today to 1,114.12 while gold is down $17.80 to $1093.70. I have no idea what this means but [...]

  • Tepper’s Hedge Fund Scores $7 Billion Year
    , December 21st, 2009 at 10:53 am

    Ever heard of David Tepper? His hedge fund made $7 billion this year, of which Mr. Tepper will keep about $2.5 billion for himself. The [...]

  • The Short-Selling Conspiracy
    , December 21st, 2009 at 9:57 am

    I’m honored to be named a Sith Lord — a member of the short-selling conspiracy. If anyone needs me, I’ll be meeting with the Rothschilds [...]

  • Worst Decade Ever
    , December 21st, 2009 at 9:40 am

    The Wall Street Journal tallies up how bad this decade has been: With two weeks to go in 2009, the declines since the end of [...]

  • The 2010 Buy List
    , December 17th, 2009 at 7:41 pm

    Here’s the Crossing Wall Street Buy List for 2010: AFLAC (AFL) Baxter International (BAX) Becton, Dickinson (BDX) Bed Bath & Beyond (BBBY) Eaton Vance (EV) [...]

  • Bernanke Passes Senate Banking Committee
    , December 17th, 2009 at 11:23 am

    The vote was 16 to 7.

  • Danaher Guides Higher
    , December 16th, 2009 at 11:30 pm

    Some good news from Danaher (DHR). The company is raising its Q4 guidance to a range of 99 cents to $1.09 a share. The Street [...]

  • The Best Time of Year for Stocks
    , December 16th, 2009 at 3:39 pm

    We’re soon coming up on the famous Santa Claus rally. I crunch all the numbers for the Dow from 1896 through 2007. Historically, the best [...]

  • The Dump Bernanke Bandwagon
    , December 16th, 2009 at 3:25 pm

    There are now three senators who say they will vote “nay” on Time’s Person of the Year: Jeff Merkley, John McCain and Bernie Sanders. More [...]

  • Bernanke Named Time's Person of the Year
    , December 16th, 2009 at 9:50 am

    Wake up, sheeple. This will drive the conspiracy folks nuts. Or rather, even nuttier.