Stocks
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 […]
P/E And P/S Ratios
As an investment banker I traveled extensively. I had the opportunity to work in countries as diverse as Taiwan, Singapore, Great Britain, and France just to name a few. During my travels I loved nothing more than meeting people from those countries. While we may have spoken different languages, the language of business was always […]
Warren Buffett Buying Shares Of Kraft
Have you ever had a problem you couldn’t solve? A project that you had never done before? You had no idea where to start? I know I have. We all have. So what do we do? We seek out someone with experience and knowledge. Someone who’s “been there, done that”. Most self help gurus and […]
