Archive for August 2009

SI: How Oversupply Killed The Baseball Card Industry

My sales from '88 to '92 were $10,000 to $13,000 a month, and the cost of goods was only $1,000 to $2,000 a month.  Then they started putting out so much product, raising the price ...
Posted by Greg Feirman  ·  1 Comment »

Superb Article by FT’s John Plender

August 31, 2009  ·  Category: Market Commentary
The best thing I've read all day is a column from last Friday by the Financial Times John Plender, "A Dash For Trash May Yet Become A Flight To Quality".  I rarely read a piece ...
Posted by Greg Feirman  ·  No Comments »

Population Decline in Florida For First Time Since WWII

It's dramatic.  You have a state that was booming and has been a leader in population growth for the last 100 years that suddenly has seen a substantial shift. - Stanley Smith, Economics Professor, University of ...
Posted by Greg Feirman  ·  1 Comment »

NY Times: Some Smart Money Getting Cautious On Market Rally

August 31, 2009  ·  Category: Market Commentary
Worthwhile piece on the front page of today's NY Times business section, "Some Analysts See an End to Market Rally". One interesting piece of data from the article was that a report from TrimTabs on Friday ...
Posted by Greg Feirman  ·  No Comments »

Shiller: The Stock Market Is Intrinsically Psychological

Nothing new here in a Sunday New York Times piece by Robert Shiller, "An Echo Chamber of Boom and Bust", but it's always worth remembering that the stock market is people: THE global signs of a ...
Posted by Greg Feirman  ·  No Comments »

Intel Increases 3Q Revenue Guidance

August 28, 2009  ·  Category: Market Commentary, Stocks
Intel (INTC) this morning raised their 3rd quarter revenue guidance from $8.5 bil +/- $400 mill to $9.0 bil +/- $200 mil.  That's some genuinely bullish news though $9 bil is still 12% below revenues ...
Posted by Greg Feirman  ·  No Comments »

WSJ: Meet Getco, High-Frequency Trade King

August 27, 2009  ·  Category: Business Culture and Current Events, Market Commentary
One of the biggest players in the hot area of high-frequency trading is one of the least known. Getco LLC, a private company with fewer than 250 employees, often accounts for 10% to 20% of the ...
Posted by Greg Feirman  ·  No Comments »

Where Are The Newsletter Bears?

August 27, 2009  ·  Category: Market Commentary, Sentiment Analysis
(Source: BeSpoke Investment Group, August 26) Also see "U.S. Stock Pessimism Drops to Lowest Since 2007, Survey Finds", Bloomberg, August 26 (via The Big Picture)
Posted by Greg Feirman  ·  No Comments »

The Shorts Have Capitulated

August 27, 2009  ·  Category: Market Commentary, Sentiment Analysis, Technical Analysis
(Source: "Missing In Action: Short Sellers", BeSpoke Investment Group, August 26) This is bearish because there is not much potential buy to cover demand to push up shares and there is a lot of room for ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: Extreme Sentiment Often Predicts Market Reversals

August 26, 2009  ·  Category: Sentiment Analysis, Top Gun Financial Planning
NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »