Tag Archive

Economics 101 for 5.21.10

By thevoice

Recent market price movement……Is this a correction or the beginning of something much bigger? I believe its the former. Perception that Euro woes is drastically changing the global outlook is doubtful. Most U.S. companies excluding the large multinationals are not going to be directly impacted by troubles in Greece and the rest of Europe.... »

Bear on Wall Street: Macys Inc (M)

By thevoice

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... »

Real Estate Returns vs. Stock Market Returns

By thevoice

A primary residence is not and should not be considered an investment it’s more of a variable savings account. Disregarding the occurrences in the real estate market over the past 2 years the land that a house is built on has increased each year for over 50 years, and yes it is partly due... »

Quote of the day

“Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit. In life, all men make mistakes, the wise men learn from their mistakes.” -Winston Churchill