SubscribeVIDEO: Jim Cramer on the Rigged Market
August 23, 2008
Jim Cramer on the Rigged Market
Jim has it right and tells it well in this discussion centered around Fannie (FNM) and Freddie (FRE)
The Flawed Housing Bill – How we will pay
August 22, 2008
Danger Will Robinson…. Warning..Warning….Stay off the Road!
Recently, after I reviewed and wrote about the recent passage of the Housing Bill, I began to look at it more closely. I spoke with a few colleagues to try to understand what seemed to me to be a flawed plan. They agreed that something was afoul. Either the plan was rushed in order to get something on the books or some concessions were made to provide a benefit to a few of the financial firms that have been getting clobbered.
The truth is that I am disgusted with this plan as it has become a game where the winners have been predetermined – and we all know that they are not going to include you or me. Just the other day, in my quest to provide an easy and adequate answer to what is going on I tried to explain my thoughts to a client using metaphors.
I explained that what has been going on in the financial sector is can be somewhat compared to a time when you were driving down a straight road. Foot after foot, mile after mile, you drive flawlessly. When you are directed to accelerate, you speed up. When at a stop sign, you stop. Yield, turn, accelerate, stop, put your blinker on, pass a car, look left and right and continue on your way. All is fine with your driving. Then, you realize that the road you are on doesn’t actually exist. Panic sets in and then you see that it is there again, like it never left. So, you continue on your way with a scant remembrance of the bizarre occurrence.
When you pull into town and explain what happened, the Mayor tells you that they know that this is something that occurs, but they always fix it immediately to make sure no one gets hurt. So, you drive on. A few miles later the same thing happens. This time though, it last longer and is much scarier. Again and again, the same sequence of events unfolds and each time the road disappears, you get a Mayoral promise and so on… Read more
How we pick ‘em for the MSN Strategy Lab
August 18, 2008
QuantaFundaTechna is the short name I found best to describe the process we use to uncover the stocks that will eventually qualify for portfolios. Just as is described, the first step is to find stocks that meet certain requirements based on several screening, or quantitative criteria. For the core portfolio, initial candidates will be selected from an active screen filtered for size, sector, earnings growth, rating, corporate structure and price momentum.
Several key fundamental overlays are then added to further refine the list. Read more
Are you sick of these anal-ysts?
August 18, 2008
I am sooooo tired of the anal-ysts that are always on the bandwagon looking to hop aboard the late-train of easy predictions.
- Strategist Moron Moran Sees Stronger Dollar in Second Half
Aug. 12 (Bloomberg) — Mike Moran, a senior currency strategist at Standard Chartered Bank, talks with Bloomberg’s Catherine Yang from New York about the outlook for the yen, euro, pound, U.S., Australian and New Zealand dollars, and Moran’s currency trading strategy. (Source: Bloomberg)
- Credit Suisse’s Weissenstein Says Oil Decline `Overdue’
Aug. 11 (Bloomberg) — Robert Weissenstein, chief investment officer at Credit Suisse Private Bank, talks with Bloomberg’s Monica Bertran from New York about the outlook for U.S. stocks, the financial and housing markets and his investment strategy. (Source: Bloomberg)
I really do not have much to say other than…GET SOME FRESH IDEAS BOYS!!!!!! You are late, riding the here-and-now train and just plain pathetic.
Note that these are just two of the dozens I have come across in just the past few days that ave a similar tone. When are they going to give us something that we can use? Seriously!
Am I alone here? What do you think?
TDI Episode 70: The Auto Industry at a Crossroads
August 17, 2008
Guest: Professor Michael Greenberger follows up with the discussion on the Enron Loophole and how there is relief in sight. We last had him on when we were nearing a $145 barrel price for oil. Since then, we have noticed a significant drop…Why? He tells us and provides insight into the hearing oil problem we are about to see.
Since July 2001, Michael Greenberger has been a professor at the University of Maryland School of Law, where he teaches a course entitled “Futures, Options and Derivatives.”
Professor Greenberger was a partner for more than 20 years in the Washington, D.C. law firm of Shea & Gardner, where he served as lead litigation counsel before courts of law nationwide, including the United States Supreme Court.
In 1997, Professor Greenberger left private practice to become the Director of the Division of Trading and Markets at the Commodity Futures Trading Commission (CFTC).
LISTEN TO PODCAST NOW | LISTEN @ ZUNE – @ iTUNES
Here is that important list again that will give you insight into this oil sham…
- The London Loophole
- The Enron Loophole
- MSN Article – House Passes Bill to Reverse oil price increases
- Video: Greenberger Testifies
Andrew then provides a look into some possible starting points on how to fix the domestic auto industry. There are thousands of people that are relying on a change in order to ensure their pension and health benefits. While this may not be able solve all of the issues, maybe it is a opening discussion.
Stocks discussed in this episode: General Motors (GM) Ford (F) Proshares Ultra Oil & Gas (DUG) American Axle (AXL) Autonation (AN)
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