SubscribeAudio: Dvorak/Horowitz Unplugged #5
October 8, 2008
Here is the fifth conversation I had with John C. Dvorak. This was recorded immediately after the second McCain-Obama debate. A good discussion on the 500 point drop…. new insights for anyone who invests in anything. What to do? This chat is not produced and presented as-is for anyone who wants to listen in.
Check it out HERE
Audio: Dvorak/Horowitz Unplugged #4
October 2, 2008
Here is the fourth conversation I had with John C. Dvorak. This was recorded immediately after the vote on the Senate Bail-Out Bill… new insights for anyone who invests in anything. What to do? This chat is not produced and presented as-is for anyone who wants to listen in.
We cover the pork in the Senate version and the new Wall Street Journal website. Now, in their infinite wisdom, the Senate has added about 350 pages.
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The Text of the new package adds such pork-barrel and earmarks like: Read more
Audio: Dvorak/Horowitz Unplugged #3
September 28, 2008
From John C. Dvorak’s site:
Here is the third conversation I had with stock picker Andrew Horowitz about the post WAMU/debate market and where it is headed. What to do? This chat is not produced and presented as-is for anyone who wants to listen in.
Click HERE to listen in….
Andrew on TWiT #161 - FUN!
September 24, 2008
TWiT 161: The Lemon Drop Kid
Hosts: Leo Laporte, Jason Calicanis, Andrew Horowitz, and Geoff Smith
The economy and tech, Chrome trust, I’m a PC, TechCrunch50, LemonDroppin’, and more.
Links to all the stories are at http://del.icio.us/twit/161.
This was a fun episode where Jason tried (unsuccessfully) to impersonate Andrew. Otherwise, we talk about some great topics and have a great time on a Sunday afternoon.
To Listen: CLICK HERE
799 barred - The other 476
September 22, 2008
SEC Halts Short-Selling of Financial Stocks: NOT!
There is a general consensus that there is a total ban on shorting stocks within the financial sector. Not true. Rather, it is a selective list that has a good amount of companies named, but why are these names excluded?
Briefing.com commentary:
The SEC today announced a temporary and emergency action to halt the short-selling of financial stocks to “protect the integrity and quality of the securities market and strengthen investor confidence.” The United Kingdom’s regulatory body took similar actions yesterday.
The order follows extreme turmoil in the financial markets, with some believing the short-selling of financial institutions sparked a self-fulfilling prophecy, playing a role in the collapse and near collapse of several companies. As shorts drive the price of a stock down, it creates a decline in market confidence which can cause customers to pull funds out of the financial institution and counterparties to stop trading with the institution.
The SEC feels that recent short-selling has driven financial stocks prices unrelated to their true price.
The action covers 799 financial institutions, effective Sept. 19, 2008 and will end Oct. 2, 2008. The SEC may extend the plan longer, but will not extend it longer than 30 calendar days.
We put together a list of the other few hundred that did not make the list. See below (.xls File).
A few items of interest included in spreadsheet:
- The open from last Friday (9/19) is listed as the potential short term resistance.
- Recent high and lows that may be used for additional support and resistance levels.
- Days to cover
- Short Interest
- Volume
Download 476 Shortable Financial Stocks (.xls)
UPDATE: As soon as this was published ( within seconds actually), the NYSE added names to the list of DO NOT SHORT. So, these seems to be an evolving list that will change at the whim of lobbyists and our esteemed government officials. Here is the link to the NYSE news item that will be changing over time.
SEC info: http://www.sec.gov/news/press/2008/2008-211.htm
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