SubscribeTDI Episode 66: Stock Tips and Mish-O-Nomics
July 20, 2008
Guest: Michael “Mish” Shedlock and Andrew discuss the current economy, the financial stocks and the unbelievable rules that are coming from the SEC and the FED. What are they thinking? Short-selling may break the back of the banks that have the biggest problems as they are now fair game, while the big brokerages have been…officially excluded. Even though it is a temporary action, I have to say: Nice work fellas! (not)
As promised, Andrew gives you a few stocks to look at as they are exhibiting strong fundamentals, good technicals and are setting up to move. If you want to learn more about how to find, research and invest in 
stocks, this episode is for you….
Mike Shedlock / Mish is a well sought after blogger that has been spot-on with the current economic debacle we are seeing. He is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance, low volatility, regardless of market direction. They provide wealth management for investors seeking strong performance with low volatility.
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Mish’s blog provides global economics commentary 7-10 times a week. He is also a “professor” on Minyanville. Make it a habit to visit his Minyanville Profile. Mish also does weekly live radio on KFNX on the Charles Goyette show every Wednesday.
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Stocks discussed: Apple Inc. (AAPL), Aecon Tech (ACM), Adobe (ADBE), ITT Educational Services (ESI), Fannie Mae (FNM), Freddie Mac (FRE), Lehman Brothers (LEH), Goldman Sachs (GS)
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The ZachZone Stocks: Fannie Mae (FNM), Freddie Mac (FRE), GT Solar International, Inc. (SOLR), China Distance Educational Holdings (DL)
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The Week Ahead - Apple, Netflix and More
July 19, 2008
The Week Ahead - My Weekly Column on MSN Money
We are the heart of earnings season and this week’s lineup is massive. As I write this, I’m looking at over 25 pages of earnings estimates on hundreds of companies presenting results in one of the toughest quarters we’ve seen in decades. It appears that many of the companies that have already reported have been doing a fine job of beating lowered expectations and providing a nice balance to a market that has been under siege.
This week will be no different in terms of volatility. But those companies which have been savvy enough to project estimates that they figure they can beat will have an easy time pleasing investors. Those that don’t will pay a heavy price into the next cycle. Let’s face it, it’s a game. If played well it can provide wondrous rewards.
Here are a few companies that you may want to pay attention to. Remember, this all is predicated on oil behaving and limited announcements of any kind from the financial sector.
Stocks Discussed: Apple (AAPL), Netflix (NFLX), Amazon (AMZN), Wynn (WYNN), Las Vegas Sands (LVS), JetBlue (JBLU), Ametek (AME), Chipotle Mexican Grille (CMG) and more…
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TDI Podcast 65: Psyched Out ?
July 13, 2008
Guest: Brett Steenbarger, Author of The Psychology of Trading (Wiley, 2003) and Enhancing Trader Performance (Wiley, 2006). I want to know…What is it that psyches-out traders? How can we overcome some of the trading pitfalls and the we explore what tools the pros do not use. Brett schools me…
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Brett N. Steenbarger, Ph.D. has been actively involved in the financial markets since the late 1970s. He has served as Director of Trader Development for Kingstree Trading, LLC in Chicago and currently consults with traders in a number of professional trading organizations. Visit his site HERE.
He is also Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY. A clinical psychologist and active trader, writer, and researcher for the past 20 years, Brett is the author of Enhancing Trader Performance (Wiley, 2006); The Psychology of Trading (Wiley; 2003); and numerous articles on trading psychology for print and online financial publications.
His book chapters on brief psychotherapy can be found in such reference works as
The Psychologist’s Desk Reference (Oxford University Press, 1998), Encyclopedia of Psychotherapy (Academic Press, 2002), Clinical Strategies for Becoming a Master Psychotherapist (Academic Press, 2006), and the forthcoming editions of Kaplan & Sadock’s Comprehensive Textbook of Psychiatry and The Handbook of Clinical Psychology. His coedited book, The Art and Science of the Brief Psychotherapies (American Psychiatric Publishing, 2004), has been selected as a core training text for psychiatry residency programs.
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Still Diggin’ DUG
July 13, 2008
For the past several weeks, we have been adding to our position of UltraShort Oil & Gas ProShares (DUG) as we believe that the underling fundamentals for the Oil Sector are faltering. The fact that the price for oil is rising and DUG is rising continues to show that the thesis is solid. Here are some interesting points from economy.com:
* Rising energy prices have cut almost half a percentage point from real U.S. GDP growth in each of the past five years.
* The recent surge in oil prices is being powered by increased financial demand and not tighter underlying demand and supply fundamentals.
* Oil prices are expected to soon peak and to decline measurably by this time next year.
* Lower prices will allow the Federal Reserve to hold policy unchanged for the remainder of this year, and will help the economy find its footing by this time next year.
The fact remains that our general oil dependency will continue to prove difficult on our economy. More so, the fact that we cannot keep our financial house in order will continue to show the world that ours in not an economy worthy of investment. Once more it is easy to see why our dollar is so weak.
Now, add that to the crude reality that oil and the dollar are tied together and it becomes obvious that unless we can figure out a way to cause the dollar to strengthen, there will be higher oil prices to come. No matter, it is becoming clear that oil companies are still tied to the global economy and we are finally seeing the dislocation of oil prices to oil company share prices. Therefore: No longer will they be positively correlated.
The Week Ahead: A Few Nuggets
July 12, 2008
This week will be full of exciting earnings announcements that may actually show some promise. As investor anxiety grows, sometimes a stock will mistakenly get caught up in the hysteria/euphoria and shares will behave erratically. In these conditions, if a company can prove that it isn’t in imminent danger by showing a string of solid earnings in the face of financial adversity, investors will bid shares up with a vengeance.
There may actually be a few nuggets that will show up this week. Yes, even in a market that seems to whipsaw investors around daily, there may be a few good stocks out there. Even in the worst forest fire there is usually some form of life left that will help to bring life out of the ashes. With that in mind, here are few ideas to ponder:
Stocks: (SCHW) (C) (IBKR) (FNM) (FRE) (OXPS) (INTC) (EBAY) (COF) (GOOG) (MAT)
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