Archive for September, 2010

• Projection Much?
  Eddy, September 30th, 2010 at 11:07 pm

  Bernanke was at a townhall meeting today: Bernanke took a jab at the media when asked about its role in Americans’ flagging confidence in the [...]

• Crossing Wall Street Buy List Third-Quarter Summary
  Eddy, September 30th, 2010 at 4:43 pm

  September and the third quarter are over. This was the best September for stocks in 71 years. Our Buy List is up 5.23% for the [...]

• World War I Finally Ends
  Eddy, September 30th, 2010 at 2:29 pm

  This Sunday Germany will pay off the final installment of its World War I reparations. At the end of the First World War, the belligerents [...]

• Michael Douglas got `whacked` in the stock market crash
  Eddy, September 30th, 2010 at 11:55 am

  Uh oh. Michael Douglas has admitted facing another crisis alongside his cancer battle – getting ‘whacked’ and losing almost half his money in the financial [...]

• RIP: Q3
  Eddy, September 30th, 2010 at 11:05 am

  Today is the final day of the third quarter. Maybe it’s just me, but it seems like the third quarter has been going on since [...]

• Morning News: September 30, 2010
  Eddy, September 30th, 2010 at 7:32 am

  China Says U.S. Yuan Legislation Will Hurt World Economy European Stocks Fall on Irish Banking Woes AIG to Sell Japan Life Units to U.S. Pru [...]

• Former Swiss Finance Minister Speaks to Parliament on Spiced Meat Imports.
  Eddy, September 30th, 2010 at 12:21 am

  Geithner really ought to try this.

• 68 S&P 500 Stocks Yield More than the Average Corporate Bond
  Eddy, September 29th, 2010 at 11:30 pm

  I really miss the Old Normal. Sigh. More than $600 billion have gone into bond funds since the end of 2008, according to the Investment [...]

• 68 S&P 500 Stocks Yield More than the Average Corporate Bond
  Eddy, September 29th, 2010 at 11:30 pm

  I really miss the Old Normal. Sigh. More than $600 billion have gone into bond funds since the end of 2008, according to the Investment [...]

• The Death of Prop Trading?
  Eddy, September 29th, 2010 at 10:46 pm

  Wall Street screamed and whined and successfully fought to keep prop trading, but they’re not doing it so much anymore. Michael Lewis wonders why. He [...]

• Tomorrow Marks the Low Point of the Presidential Election Cycle
  Eddy, September 29th, 2010 at 1:15 pm

  Tomorrow, September 30th of a mid-term year, is a big day. This marks the market’s historic low point during the Presidential Election Cycle. Historically, September [...]

• Tomorrow's GDP Report Isn't Important
  Eddy, September 29th, 2010 at 11:54 am

  This going to be an interesting week for folks in the finance/econ stat biz. For one, Wall Street is about to close out its best [...]

• Tomorrow’s GDP Report Isn’t Important
  Eddy, September 29th, 2010 at 11:54 am

  This going to be an interesting week for folks in the finance/econ stat biz. For one, Wall Street is about to close out its best [...]

• Morning News: September 29, 2010
  Eddy, September 29th, 2010 at 7:25 am

  Savers Told to Stop Moaning and Start Spending After Recalls of Drugs, a Congressional Spotlight on J.& J.’s Chief BP to Create New Safety Division [...]

• Costco Hits New 52-Week High
  Eddy, September 28th, 2010 at 12:49 pm

  Hats off to Costco (COST). The stock just broke out to a fresh 52-week high this morning. I think the stock has its pre-crash high [...]

• US Economic and Equity Outlook from Goldman Sachs
  Eddy, September 28th, 2010 at 11:43 am

  GS Sep 10 Econ Update (Via: ZeroHedge).

• 5-Year TIPs Back Near 0%
  Eddy, September 28th, 2010 at 11:24 am

  Here’s an eye-opening chart. This shows the yield on the 5-year Inflation-protected Treasury bond. During the crisis, the yield shot up over 4% as there [...]

• Hirsch: Dow to 38,820 By 2025
  Eddy, September 28th, 2010 at 10:32 am

  One of the more bizarre predictions to hit Wall Street of late is Jeffrey Hirsch’s call for the Dow to reach 38,820 by 2025. What [...]

• Morning News: September 28, 2010
  Eddy, September 28th, 2010 at 8:05 am

  Troubling Trades Found Ahead of Flash Crash The Value of a Piece of Facebook Stock Buybacks Are for Dummies Except Right Now: David Pauly Home [...]

• Fact-Checking the Simpsons
  Eddy, September 28th, 2010 at 12:18 am

  I was watching the season premiere of “The Simpsons” at the Fox website. During the episode, Kent Brockman referred to Gandhi as being a winner [...]