Author Archive

  • CWS Market Review – April 18, 2014
    , April 18th, 2014 at 7:07 am

    “Inflation is taxation without legislation.” – Milton Friedman The stock market has recovered a good deal from last week’s momentum-induced slide. The S&P 500 rallied […]

  • Morning News: April 18, 2014
    , April 18th, 2014 at 6:45 am

    China March New Home Price Increases Ease on Tighter Credit U.S. Jobless Claims Rise Slightly to 304,000 What Janet Yellen Didn’t Say: The B-Word Chocolate […]

  • Morning News: April 17, 2014
    , April 17th, 2014 at 6:25 am

    European Car Sales Strengthen on Manufacturer Incentives Japan Government Cuts Econ View After Sales Tax; No Need For Fresh Stimulus Dollar Strengthens Against Yen as […]

  • IBM Earns $2.54 Per Share
    , April 16th, 2014 at 4:13 pm

    For Q1, IBM earned $2.54 per share which matched expectations. They also reiterated their full-year estimate of at least $18 per share. Diluted EPS: GAAP: […]

  • Q1 Earnings Calendar
    , April 16th, 2014 at 12:37 pm

    Sixteen of our 20 Buy List stocks are on a March/June/September/December reporting cycle, so we’re going to get a lot of earnings reports over the […]

  • Market Rises on Good IP Report
    , April 16th, 2014 at 10:23 am

    The stock market is being helped this morning by a positive report on Industrial Production. The Federal Reserve said that Industrial Production rose by 0.7% […]

  • Morning News: April 16, 2014
    , April 16th, 2014 at 6:46 am

    U.K. Unemployment Falls to 6% Lehman Freeze Evoked as Russian Bond Sale Scrapped Again China GDP Growth Slows to 7.4% Slackening Growth Pressures Beijing Stumbling […]

  • Today’s Inflation Report
    , April 15th, 2014 at 1:12 pm

    This morning’s consumer inflation report showed that prices rose 0.2% last month. Economists were expecting an increase of 0.1%. The “core rate,” which excludes food […]

  • Me at the Motley Fool
    , April 15th, 2014 at 8:19 am

    Here’s part of a talk I gave at the Motley Fool.

  • “The Iron Law of Behavioral Finance”
    , April 15th, 2014 at 8:02 am

    I wanted to share this passage from Cullen Roche of Pragmatic Capitalism: As regulars will know, I am not a big fan of trying to […]