Stocks
Are All Banks As Shady As Goldman?
Bank has become a four-letter “swear word”. It’s understandable when we see companies like Goldman Sachs (GS) being sued by the SEC for fraud. And bankers aren’t helping themselves by continuing to deny any responsibility for the credit crisis. And then there’s the problem of more and more bank failures. In fact, the FDIC shut […]
Goldman Executives Duke It Out!
The temperature is rising fast… and I’m not talking about the recent 90 degree days we’re seeing here in Phoenix. The temps I’m talking about are at the Senate Subcommittee on Investigations. Our esteemed politicians are turning up the heat and some people are really sweating! This time around, it’s Goldman Sachs executives. The Senate’s […]
Homebuilders Spiking… What To Do Now!
In February, I pointed toward housing stocks as the place to be. In March, Corey Williams wrote about the tidal wave of pent up demand for housing. That came on the heels of Warren Buffett’s comment about housing. In his annual letter, Buffett said “that within a year or so, residential housing problems should largely […]
Are The Markets Rigged?
The market rally of the past year has been a whopper. It has gone up farther and lasted longer than most thought possible. Each passing day brings more upside. With few exceptions, the market is treating all news as good news. The market is starting to seem like a one way street…. straight up. For […]
MKS Instruments Soars On Earnings!
Did you see the news? MKS Instruments (MKSI) reported better than expected first quarter results this morning. They blew away analysts’ estimates for both revenue and earnings. (I’ll give you all the details in a moment.) Congratulations to all who picked up shares in early March when I recommended them! Your trading accounts are a […]
How To Prepare For The Coming Market Correction
The market’s 13 month rally had me wondering if the laws of physics no longer apply. The market has been defying gravity for so long now it almost seems natural. I’m sure Isaac Newton would agree. As of last Thursday’s close, the S&P 500 Index was up an amazing 82% from the March 2009 low. […]
Are You Being Misled?
I’m standing in a dusty parking lot holding an orange sheet of paper with a number printed on it. Little kids are running around and the adults are focused on a tall man along the fence. He’s wearing a huge white cowboy hat and yelling into a loudspeaker. The local gardening center went belly up- […]
I’m So Mad Right Now!
Right now I’m steaming mad. I want to throw things at the wall and cuss out the potted plant. I can’t believe how stupid some people in this world can be. It makes me so mad… What caused this rage? National Public Radio (NPR) has me absolutely livid. On Wednesday, I was driving into the […]
Life Isn’t Fair…
If you haven’t learned this little secret yet, let me break it to you… Life isn’t fair. Good people go bad, mistakes can be made, and sometimes a sure thing turns into a nothing… I do firmly believe, “When life hands you lemons, make lemonade!” It’s a great quote and something that applies directly to […]
A Tribute To A Modern Day Moonshiner
In 2007, Tennessee moonshiner Marvin “Popcorn” Sutton was arrested. At the ripe old age of 61, this old school bootlegger was found to have 850 gallons of his homemade hooch stored in a rusted out school bus. He was convicted in 2008 of producing alcohol without a license. Unfortunately, the conviction came with a prison […]
