Archive for September 2009

Rochdale Research Says Walmart Is Its Highest Conviction Retailer

September 28, 2009  ·  Category: Stocks
We believe defensive (or staples-oriented) retailers are increasingly attractive -- especially if the recovery is volatile and economically sensitive stocks stumble.  For example, in the panic of March 2009, investors piled into perceived safe havens.  ...
Posted by Greg Feirman  ·  No Comments »

Susquehanna’s Billionaire Founder Jeff Yass Honed His Mind on Probability Theory And Poker

I learned more about option trading strategy by playing poker than I did in all my college economics courses combined. - Jeff Yass, The New Market Wizards: Conversations With America's Top Traders (1992), p. 396 - ...
Posted by Greg Feirman  ·  No Comments »

New York Magazine Profile Of Financial Blog Zero Hedge

September 28, 2009  ·  Category: Blogs, Business Culture and Current Events
New York Magazine has an interesting profile of popular financial blog Zero Hedge: "The Dow Zero Insurgency".
Posted by Greg Feirman  ·  No Comments »

A Stab At Resolving The Inflation/Deflation Debate

September 26, 2009  ·  Category: China, Economics, Federal Reserve, Inflation, Japan
There is a great debate raging between students of monetary economics.  On the one hand, there are the deflationists who point to the massive deleveraging in the housing, mortgage, credit and stock markets.  The fall ...
Posted by Greg Feirman  ·  2 Comments »

Business Week: Hedge Funds Keep Watch On Washington

September 25, 2009  ·  Category: Market Commentary, Politics, The Investment Advice Business
Interesting Business Week piece on hedge funds increasing interest in government policy: "Hedge Funds Keep Watch On Washington", September 22.  Obviously, as Washington plays a bigger and bigger role in the economy, investors need to ...
Posted by Greg Feirman  ·  No Comments »

WaPo: Clock Is Ticking For First Time Home Buyers Tax Credit

September 25, 2009  ·  Category: Politics, Real Estate
Everyone coming through the door is talking about this tax credit.  They know exactly what it is and when it expires, and they're rushing. - Brad Cohen, Mason Dixon Funding, Rockville Front page Washington Post story today ...
Posted by Greg Feirman  ·  No Comments »

Doug Kass: The Return Of Boca Biff!

September 25, 2009  ·  Category: Market Commentary, Sentiment Analysis
Here's a classic from TheStreet.com and Seabreeze Capital's Doug Kass, originally penned Wednesday (9/23) morning: He's back!  Yep, the ultimate plunger, that paragon of speculation, Boca Biff, is back. I first introduced ultimate daytrader Boca Biff to ...
Posted by Greg Feirman  ·  No Comments »

The Story of Taylor, Bean & Whitaker Mortgage Corp.

September 25, 2009  ·  Category: Macro Economics, Real Estate
The Wall Street Journal ran a fascinating front page story last Thursday on the implosion of Taylor, Bean & Whitaker Mortgage Corp, the nation's 12th largest mortgage lender: "With a Quick Rise, Hard Fall, Home ...
Posted by Greg Feirman  ·  No Comments »

Must Watch Erin Burnett Interview With Julian Robertson

September 25, 2009  ·  Category: Geopolitics, Macro Economics, Market Commentary
Erin Burnett interviewed investment legend Julian Robertson on Street Signs yesterday.  The second part of the video isn't working so here is the first part.  I've e-mailed CNBC because I'm dying to see part two ...
Posted by Greg Feirman  ·  No Comments »

Story Stock Of The Day: RIMM Down Big On Big Volume

September 25, 2009  ·  Category: Market Commentary, Sentiment Analysis, Stocks
Blackberry maker Research In Motion (RIMM) is getting crushed today on big volume after reporting fiscal 2nd quarter earnings after the close last night.  Revenue was a little light as was their revenue forecast for ...
Posted by Greg Feirman  ·  No Comments »