Archive for March, 2009
GE jumps at bad news
S&P downgraded GE from AAA to AA+ today. Moody’s has not followed suit yet, but likely will soon. The uncertainty surrounding a dividend cut and ratings downgrade have caused investors to flee from GE stock over the last month and brought to lows not seen since 1991. Yet, despite the coming to fruition of a [...]
read more »The trend is your friend, even in this market
A reader of my last post on Google’s current stock performance, took issue with my statement: It is interesting to note that, in the area marked in the above graph, all short term indicators were overwhelmingly positive just before Google’s swift and violent correction over the last month. The reader was clearly a technical analysis [...]
read more »Great company, but what about the stock?
Google’s stock fell decidedly below the psychologically significant mark of $300 per share today. The stock has fallen 60% overall from its high near $720 and sits near its 2004-2005 prices. Despite this, Google remains a global leader in search, internet advertising, and has its finger on the pulse of innovative web services. The bull [...]
read more »A stock offering safe dividends AND speculative upside
Sounds like an oxymoron, safe dividends and speculative upside. How could that be possible? Oil has fallen over 70% over the last year due to declining projections of future oil demand. While I have argued that long oil exposure is a prudent and wise move for any portfolio, there’s no better time than today to [...]
read more »CNBC is always wrong
I just had to share this video. Finally, someone on TV willing to call out the prognosticators and pundits.
read more »How Bad Is Banking? And Who Are The FDIC Four?
This guest blog entry by Tristan Yates is a follow-up to “Are America’s banks really insolvent?” and is part of the important effort to understand and evaluate the depth and breadth of the financial crisis. For The Curious Investor‘s take and to leave your own thoughts check out this post’s comments thread. What kind of [...]
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