Stocks
Dow 10,000 Before Year End!
Lately I’ve been really positive about the markets. But a few nights ago, all of my thinking was thrown for a loop. I had dinner with my friend, Jay. We sat on his back porch eating grilled chicken and Caesar salad. The scotch flowed freely. After a couple of drinks, our discussion took an interesting […]
The Merger Of Two Great Biotech Firms
Pfizer’s a company I keep close watch on. They’re the largest pharmaceutical company in the world. Plus, I own them in my investment portfolio. That’s right, I own Pfizer (PFE). And I think you should too… Right now is a great time to buy Pfizer. Now, before you dismiss me as crazy, hear me out. […]
Why You Need To Hedge The Market Now!
Empty promises and an overhyped stimulus plan have the markets set up for another crash. Here’s what you need to know. The $787 billion ‘stimulus’ plan is really a welfare program. Don’t believe me? Take a look at the numbers straight from the horse’s mouth. According to recovery.gov, $56 billion of ‘stimulus’ money has been […]
Shipping Stocks Recover First In A Global Recession
It finally happened. After spending over four months buying a new house, moving day finally arrived. It’s been like a hurricane. Of course by moving day, I mean three day weekend! I feel like I’ve been swept up and blown all over the map. It all started on Friday. That was delivery day. We’d ordered […]
New Changes To The Dow, Should You Care?
Today, two icons of American business are being removed from the Dow Jones Industrial Average. Thanks for playing, General Motors (GM) and Citigroup (C). Hello, Travelers (TRV) and Cisco Systems (CSCO). Once upon a time, GM and Citi were titans of their industries. They’ve been reduced to wards of the state (or federal government). GM […]
Profit From The Collapsing Auto Industry
I’ve been following the economic gyrations of our auto industry with some interest. Fifty years ago, the US auto industry was the pinnacle of success. Now, the remnants of a once mighty industry are being torn apart… like vultures ripping up a dead animal carcass. So who wins in all this? Of course the lawyers […]
Why You Should Consider Investing In ABB
The big news in Phoenix for the last few weeks hasn’t been the heat, the foreclosures, or the horrible record of the Diamondbacks. Nope. Another sports team is grabbing all of the headlines. Our own Phoenix Coyotes. For those of you who don’t know, the Coyotes are the local NHL team. Recently, the Coyotes ownership […]
Why I Hate Hewlett Packard
Allow me to set the stage for you. I’m in last minute negotiations with a bank. I’m trying to buy a piece of property. It’s a new home in Scottsdale… but not just any home. It’s a large piece of property with room for dogs and my girlfriend’s horses. It’s in an exclusive area, quiet, […]
Why Now’s The Time To Short Retail Stocks!
Last weekend I did something most fathers dread. I took my two daughters (ages 8 and 12) clothes shopping. Summer is fast approaching and it’s time to replace all the summer wear they’ve outgrown. Don’t get me wrong. I love to spend time with my girls. But, I’m not a shopper. Especially, when it involves […]
