Investment Advisor

July 13, 2008

June 28, 2008

  • Underlying Market Themes

     Looking at relative strength changes really helps to drive home underlying themes in the market. (…)

June 27, 2008

  • Can Merck go any lower?

    This article could be titled: Can (fill in the blank) go any lower? I'm not picking on Merck.
    The reality is you could drop in Merck, Citibank, General Motors, Ford, J.P. (…)

June 26, 2008

June 22, 2008

  • Bloomberg Radio Interview

    OK, no names are used in this post! But holy cow!
    In the midst of the sell off this week, Bloomberg Radio interviewed a money manager about the current condition of the market. (…)

June 21, 2008

  • Bear Stearns executives arrested

    Oh boy, these kinds of headlines are never good.
    Two former Bear Stearns portfolio managers were arrested this week, not because they did a poor job of managing money. (…)

  • How can they keep missing this?

    Frequent readers have seen earlier posts where I have discussed option expiration week and the volatility that comes with it.  But there was scant mention of option expiration at all this week.  Options expired on Friday and the Dow Jones dropped 220 points. (…)

June 16, 2008

  • Exchange Traded Funds becoming more mainstream

    In just the last month, assets in exchange traded funds increased $17 billion. Total assets in ETF's now total over $600 billion, according to State Street Global Advisors of Boston. (…)

June 15, 2008

  • Indicators pointing toward Defense now

    The indicators flipped to defense this past week.
    What does that mean?
    Well for many of us, we have a LOT of money already in cash. so we're properly positioned. But now what? (…)

June 8, 2008

  • Welcome to the Party, Ben…

    Have you seen the Bruce Willis movie, "Die Hard"?
    When the police officer starts to drive away, Willis sends him a message…throwing one of the bad guys on the hood of the car. (…)

May 31, 2008

May 27, 2008

May 24, 2008

May 20, 2008

  • How Smart is The Crowd?

    Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. (…)

May 14, 2008

May 13, 2008

  • Are you busy? Got a cell phone?

    I've lost count how many times I've concluded a meeting, or left an appointment and scribbled
    something down on a piece of paper and jammed it in my pocket. (…)

May 10, 2008

  • Why "Average Joe" Can't Make Money In the Market

    The period we're in now is not necessarily a "bull market" or a "bear market" but more like a structurally "fair market." I didn't make that up on my own — Tom Dorsey, from Dorsey Wright and Associates in Richmond coined that term. (…)

March 25, 2008

  • Recession Worse than Expected?

    There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. (…)

March 22, 2008

  • Goldman Stearns and Lehman Sachs

    All these firms hold the same investments.
    There is STILL considerable risk in the group.
    Why did this happen to just Bear Stearns? (…)

March 16, 2008

  • Bear Stearns, part II

    UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
    That is NOT a typo!
    The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)