Archive for September 2006

Charmed? Not So Much!

September 29, 2006  ·  Category: Options, Technical Analysis
Well I just closed out my trade in Charming Shoppes (NASDAQ: CHRS).  As I wrote, on Tuesday I took a position in the Oct 06 $15 puts at 85 cents per. But the selling by the ...
Posted by Greg Feirman  ·  No Comments »

The Key to Great Investments

September 28, 2006  ·  Category: Business and Investment Philosophy
Tom Dyson, one of my favorite investment writers over at Daily Wealth because of his willingness to get philosophical from time to time, got philosophical this morning: When it comes to investing, people often ask me ...
Posted by Greg Feirman  ·  No Comments »

The Limits of Pure Fundamental Analysis – How Morningstar Gets Things Wrong

September 27, 2006  ·  Category: Business and Investment Philosophy, Macro Economics, Stocks
I find Morningstar's stock and mutual fund analysis useful, which is why I am a premium subscriber, but I am constantly frustrated with their lack of an ability to integrate a macro economic perspective into ...
Posted by Greg Feirman  ·  No Comments »

Boo-Yah Skee-Daddy!!!! – End of the Quarter Fun and Games

September 26, 2006  ·  Category: Options, Technical Analysis
This week (Sept 25-29) is the final week of the 3rd quarter.  Institutional money managers are judged, and frequently compensated, based on their quarterly performance and so their is alot of funny business that goes ...
Posted by Greg Feirman  ·  No Comments »

Raise A Little Cash, Get Defensive

September 25, 2006  ·  Category: Market Commentary, Portfolio Management
I tend to agree with Graham Summer's Growth Stock Wire missive this morning, "The Correction is Here": It's quiet ...... too quiet. I don't mean to rain on everyone's parade but September has been much too tame ...
Posted by Greg Feirman  ·  No Comments »

Big Picture’s Ritholtz Still Expecting a Hard Landing

September 25, 2006  ·  Category: Macro Economics
Barry Ritholtz had a post Friday morning, "Whither Goldilocks?", worth reading: Every good adventure - be it an advertising campaign, religious evangelism, political battle, or even a war - requires a memorable phrase, repeated over and ...
Posted by Greg Feirman  ·  No Comments »

US Consumer Looks Strong For Now – Bed, Bath and Beyond, Circuit City and Nike All Report Strong Quarters

September 23, 2006  ·  Category: Macro Economics, Market Commentary
The US consumer is holding up nicely thus far as Bed, Bath and Beyond (NASDAQ: BBBY), Circuit City (NYSE: CC) and Nike (NYSE: NKE) all reported strong quarters this past week. Bed, Bath and Beyond, owner ...
Posted by Greg Feirman  ·  No Comments »

A Sure Bet: Americans Will Watch TV and Surf the Internet No Matter What

September 21, 2006  ·  Category: Stocks
There is one thing I can pretty much guarantee you: come hell or high water, Americans will continue to watch alot of TV and spend alot of time surfing the internet.  In fact Nielsen Media Reseach ...
Posted by Greg Feirman  ·  No Comments »

Lew Rockwell on “The Real Cause of Blackouts”

September 21, 2006  ·  Category: Economics, Energy
I was just listening to the radio when an advertisement from PG&E (NYSE: PCG) came on with tips about how to reduce your bill.  This PG&E technician is supposed to be on vacation when he ...
Posted by Greg Feirman  ·  No Comments »

Which Way is the Economy and the Fed Going?

September 20, 2006  ·  Category: Federal Reserve, Macro Economics, Market Commentary
The Fed decided today to leave the federal funds rate at 5.25%.    The interesting thing is that the bond market is pricing in rate cuts in the next year or so.  Justin Lahart, author of the ...
Posted by Greg Feirman  ·  No Comments »