SubscribeLinks and Reading for October 29th
October 29, 2008
A few of the more important reading items and links for October 29th :
- Stocks Take Big Leap as Investors Await Fed – The case for more rate cuts strengthened Tuesday, with new reports showing the economy deteriorating sharply.
- Big is better with oil – investors need to focus less on growth and more on survival prospects.
- Equity trading losses at Deutsche Bank, Citigroup, Credit Suisse – Leverage Leverage Leverage… Bad Bad Bad
- Ahead of the Tape – Oil prices have differing effect on the oil companies…
- Euro Dropping? – May be a good time to start thinking about shorting the Dollar…..
Mutual Fund Companies in Peril
October 27, 2008
How much confidence do you have in your mutual funds? If you are like most, you are looking at your statements – at least the ones that you dare to open – differently than ever before. That is probably because you thought that you had a good level of diversification and had some built-in protection since a professional and experienced manager was watching over your portfolio.
That has all changed now and most investors are totally disgusted and thoroughly dissatisfied with the returns their hard working managers have provided. The problem is now more evident than ever for many of these fund companies and may deserve to be shorted. Here is why… Read more
Links and Reading for October 27th
October 27, 2008
A few of the more important reading items and links for October 27th :
- Opportunistic? Then Start Making a Buy List – Barrons.com – Mike "The Bull" Santoli writes about something. Just what is hard to figure out.
- Health or Money? – A plan to postpone the smoking ban at the city's casinos for at least a year due to the crumbling economy.
- Move to Stem Yen's Surge Likely – The dollar and Yen are getting shortable
- Financial Storm Hits Gulf – Now the oil tycoons are feeling the pain…
- For Big Oil Firms, a Silver Lining – We think that Oil and Gas companies are way oversold, even in the toughest of conditions
- Argentina Makes Grab for Pensions Amid Crisis – You thought that you had problems with your 401k?
- Actively Managed Funds Struggle Amid Crisis – Down 48% or more is the trend it seems
Sunday Fun: 3D NYSE Trading Floor
October 26, 2008
Here is a great way to get a live birds-eye view of the NYSE trading floor. This is a tool that allows you to see a virtual heat map of the floor along with how the various posts are looking.
(Of course it works best when markets are open and the full version only with Internet Explorer)
Mutual Fund Companies are Doomed….
October 24, 2008
Here are charts from the largest and most respected mutual fund companies that are publically traded. It seems to us that even as many of these are breaking new lows that there are more problems and a potential for an additional downward move.
Just think about what you have done with your funds lately…. Do you think that they are going to post decent profits over the next coming quarters?
(FYI: We are short a few of these in TDI Managed Growth Portfolio)
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