Kass’ article, this morning at promoney on thestreet.com, is an easy read and warning about stock prices based on momentum of price or based on expected profits to stock price. Although it is an easy read, it is not an … Continue reading
Independence Day gives us a break midweek; some have added this past M and T to last wkend and The 4th; others will take the later half of the week; and still others will combine the 2 wkends plus The … Continue reading
took 42% profit in the July $19 calls I held in GE GE $19 July Call profit= 100.44 41.29% 3/26/2012 1 $1.58 $163.62 5/21/2012 1 0.74 79.62 $243.24 cost of the 2 calls 6/29/2012 -2 $1.75 ($343.68)=sale today Last day … Continue reading
Cramer has been saying for months to invest at “home;” companies in USA with business mostly or completely in USA. Today Kass’ opening missive says the same and provides Greenhaus’ chart which demonstrates the profit margin for USA companies. http://realmoneypro.thestreet.com/dougs-daily-diary?published%5Bvalue%5D%5Bdate%5D=2012-06-27#mama-im-coming-20120627 … Continue reading
CNN Anchor=shipped jobs oversea? Gillespie=out-sourced Cnn Anchor=Bain Capital’s profits? Gillespie=No, fees See this web site: http://www.baincapital.com
Market rose most of the day, softened mid day, and soared in last hour. Bankers, Europe and Japanese Central bankers, gave reassurance to money stability. Portfolio continued to out perform: good solid stocks plus options leverage of GE, OCN, MRO. … Continue reading
Horrible day at the end of a horrible month! Today’s Action as shown on Yahoo/finance: NYSE NASDAQ Advances 462 (15%) 601 (21%) Declines 2,653 (83%) 2,064 (74%) Unchanged 69 (2%) 137 (5%) Up Vol* 244 (8%) 206 (15%) Down Vol* … Continue reading
The Market, once again, teaches its lesson. …….not a place to park your money. BUY and HOLD is deadly. Unless you sell when making money and buy when tstocks are down, down, down, you will gradually (or not so gradually) … Continue reading
Sunday night and I’m in my old home town of Cincinnati. A pleasant Mother’s Day, calls from all my loves and a great meal at a steak place sponsored by my 2nd cousin, often known as my nephew. China has … Continue reading