In Out Ticker L/SS Q PP Net MP Net G/L % 8/11 tlt L 99 100.79 10,000 107.38 10,654 654 6.54% 8/12 gdx L 199 50.17 10,000 51.73 10,311 311 3.11% 8/24 dxd L 351 28.52 10,000 28.51 9,996 -4 -0.04% 8/24 tmf L 188 53.11 10,000 53.68 10,107 107 1.07% 8/25 mwiv L 185 54.06 10,000 54.27 10,039 39 0.39% 50,000 51,107 1107 8/6 isil SS 898 11.14 10,000 10.30 9,246 754 7.54% 8/6 em SS 868 11.52 10,000 10.80 9,375 625 6.25% 8/19 dbrn SS 450 22.21 10,000 21.43 9,649 351 3.51% 8/19 hk SS 631 15.86 10,000 14.76 9,306 694 6.94% 8/19 atls SS 353 28.31 10,000 26.80 9,467 533 5.33% 50,000 ... »
Tag Archive
The Snowball: Warren Buffett and the Business of Life
A book that finally dives into the life of the most respected investor in the world. Omahas legend has for the first time allowed a writer complete access into his life. Hands down the best biography of Warren Buffet “The Oracle of Omaha”. thevoice@voicedup.com »
Bear on Wall Street: Macys Inc (M)
Citigroup added Macys ($15.78) to its retail sector top picks. Up-Coming Catalysts: 1. Raising of 4Q09 EPS guidance depending on how sales come in. 2. 2010 outlook on 2/23/10 Valuation: 1.(M) currently trades at a 9.2 forward P/E, average multiple for department stores is 13.3. 2. 10-year historical range is 6.1-22.8, currently trading towards the lower end. 3. Department store average... »
Bear on Wall Street: Conflicting View on the U.S Economy
On an interesting note, the S&P announced this morning that most major banks still do not have enough capital to maintain their current credit ratings. Read more here. While U.S economists reiterated that “the great depression is over”. Read more here. If the U.S banks require additional capital wouldn’t this throw a wrench on any... »
Bear on Wall Street: Fed Officials Disagree and Goldmans Attempt to Reconcile
Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support. Jeffrey Lacker said the recovery is solidly under way and he expects the economy to grow at... »
Jan Hatzius, Economist for Goldman Sachs on Real Estate
The following are comments compiled by Wall Street economist Jan Hatzius of Goldman Sachs. Notable for his bearish forecasts, he was listed atop of 52 Wall Street economists in The Wall Street Journal′s economic-forecast rankings. “Over the last year, policymakers have boosted the housing market by reducing foreclosures, slowing the pace of distressed sales,... »
Bear On Wall Street: U.S. dollar
As the dollar reaches $1.50 against the Euro, a few positive points to a weak dollar: -Aid current manufacturers in the American economy -Expand the current industrial base -Lift exports around the world -Allow for more aggressive pricing overseas -Narrow the trade deficit by closing the gap between exports and imports And now the downside to a devalued dollar: -Main factor... »
Bear On Wall Street: Commercial Real Estate
Reis Inc, a commercial real estate performance information and analysis firm announced office rents declined nationwide 8.5% over the same time period last year. Vacancy rates hit a five year high of 16.5%. With vacancies on the rise and lower property values year over year, there are more losses to follow for landlords... »
Yahoo! Welcomes Developers
Following the recent redesign of its home page, Yahoo is now opening the gates to all developers. Akin to what Apple does with third party applications, Yahoo is set to mimic its business model and potentially attract billions of dollars in revenues. If you own a smart phone then you are well aware of how... »
TheVoice on: The Next Mark to Market Debacle
By the end of 2009, the FASB will propose a new fair value assessment for loans. That’s right the FASB is looking to expand mark to market accounting. This will undoubtedly cause great concern for banks and will bring forth more earnings volatility for financial institutions. Looks like another repeat of 2007. FAS 115 requires... »
Bear on Wall Street: A Warning From Shanghai
Bulls have led the major indexes 50% higher since March. Next up, September, the worst performing month in the history of Wall Street. The optimism that began in March has failed to continue in another major market, the Shanghai. For the month of August, Hong Kong’s index has dropped over 20% after gaining... »
