Stocks
Raising Cash At Shareholders’ Expense
Have you ever noticed that some people are always successful? They must have been born under a lucky star. You know ‘em. They’re the ones with the beautiful girlfriend or wife. They have perfect kids, make great money, and were just nominated by Time magazine as the person of the year. By the way they […]
Using Short Interest To Gauge Market Sentiment
Well, it looks like the good days in the stock market are over. At least in the short term. It feels like the day after Christmas. You can remember the good times but you know they won’t be back for another year. This market is starting to make many investors nervous. So don’t be surprised […]
Drug Stocks Not A Safe Haven This Recession
Have you noticed the strange events in the market recently? No, I’m not talking about the recent volatility or sudden absence of IPOs. What I’m talking about is the poor performance of the healthcare and pharmaceutical industries. It’s common knowledge when the economy slows down everyone shifts their investments. Savvy investors move into consumer staples […]
Lessons From Joe Lewis’ Loss In Bear Stearns
Do you know Joe Louis? I’m sure some of you boxing fans know who he is. I’d be willing to bet that a few of you’ve heard his matches broadcast on the radio. Joe is known as the greatest heavyweight boxer of all time. He was nicknamed the Brown Bomber, and he successfully defended his […]
Pawn Shops Benefit From Credit Crunch
Last weekend I witnessed a most unusual sight. I pulled into the parking lot of a small strip mall in Northern Arizona. I was on a mission to pick up some needed essentials for dinner. As I got out of my car I noticed people parked in the Ford Explorer right next to me. They […]
Credit Card Defaults To Increase Losses For Banks
The credit crisis in the financial community continues. Despite the markets rallying off of mid-March lows, we’ve been hit by a string of bad news. Starting it off was Wachovia (WB). The board of this $43 billion bank ousted their senior management. The shares promptly fell to a new 52 week low. Then came Webster […]
Shipping Stocks Offer Big Profit Potential
“I just bought a boat,” my friend Eli announced a while ago. As an investment banker I was used to people spending their huge bonuses on extravagant things. First class vacations, Patek Philippe watches, new Porsches and Mercedes, new homes, second homes, and of course boats. What surprised me was the state this boat was […]
Using The VIX To Gauge Market Sentiment
Professional investors focus on lots of different details. Some focus on fundamentals, some focus on price action, some look at both. Every investor is looking for an edge. If you can figure out what other investors are thinking, you have a definite edge. That’s why many professionals focus on the VIX. So I know what […]
