“No End In Sight”

Courtesy of Vinny Catalano’s Musing on the Markets. 
What To Do With ‘No End In Sight’

U.S. bank stocks may be staging another suckers’ rally.
– Reuters, July 31, 2008

From time immemorial the four most dangerous words in the investment language have been “This time is different”. Today, however, a new phrase seems destined to join the dreaded [...]

Psychoanalytical Interpretation

Here’s an article by Eric J. Fox, Stock Market Prognosticator, discussing the dot.com bubble, and its subsequent deflation, from a psychoanalytical perspective.  – Ilene 
A Psychoanalytic Interpretation of Dot.com Stock Valuations and its Application to the Oil Market

I recently came across a paper by David Tuckett and Richard Taffler entitled "A Psychoanalytic Interpretation of Dot.com Stock Valuations." I [...]

Merrill’s CDOs, Temasek’s Deal

More on Merrill’s CDOs, by Greg Newton of NakedShorts.
Those 2007 Merrill CDOs in foole
30 CDOs issued, 29 (and probably 30) in trouble
Derivatives consultant Janet Tavakoli landed an RPG on Merrill Lynch’s we-sort-of-got-the-garbage-off-the-books party yesterday, in a client letter strongly suggesting that more biohazards may be…ahem…lying in the weeds.

So, how did the CDOs that Merrill Lynch brought [...]

“I Said What?”

This is a compilation of statements by bank CEOs over the last year or so, statements they may wish they never said and won’t likely forget. 
"I Said What?!"

by Megan Barnett, full article posted in Portfolio.com.
Excerpt:  "A look back at nine unforgettable statements by bank chief executives who would strike them from the record if they could.   

It’s not easy [...]

Two Days of 1.5% Gains

What happens next, statistically speaking?  Bespoke Investment Group looked at the data, made a chart and found that, on average, "two strong up days have typically been followed by slightly weaker-than-normal performance." 
Two Days of 1.5% Gains

Excerpt:  "For just the 22nd time in the last ten years, the S&P 500 has rallied more than 1.5% for [...]

Middle East Investing

Middle East Investing: Look Below the Surface
Courtesy of Graham Summers of GPS Capital Research
Investing in the Middle East is not what you think. You have to look deeper…
The Al Mahara restaurant at Dubai’s famous Burj Al Arab hotel is commonly referred to as the “underwater restaurant” of Dubai. To get there you have to take a 3-minute [...]

Notable Calls on Elan

Notable Calls x 2 on Elan, courtesy of Notable Calls.
Elan (NYSE:ELN): After selling for the wrong reasons, now is the time to buy for the right ones- Leerink (ACTIONABLE!)

Leerink Swann out defending Elan (NYSE:ELN) saying they are making no changes to their valuation of ELN shares and view any weakness today as a buying opportunity.
The [...]

Hanky Panky

Hanky Panky
By Todd Harrison, founder and CEO of Minyanville.
"Sometimes nothing can be a pretty cool hand.”
–Cool Hand Luke
They say the friction between opinions is where true education lies. If that’s true, we’ve officially entered the realm of higher learning.
As both sides of the societal chasm haggle over how the market—and, by extension, [...]

An Intriguing Picture

An observation, but good to see, courtesy of NakedShorts, Greg Newton
An intriguing picture

 

 
The New York Times yesterday carried a mostly soporific tale of Barack Obama, fresh from rocking at least a couple of European capitals, meeting “with a group of 20 prominent economists, former government officials and business and labor leaders to discuss problems like [...]

“Selling” Toxic Garbage

Nouriel Roubini argues that the CDOs Merrill Lynch is selling for 22 cents on the dollar is actually worth much less when the structure and details of the sale are considered. 
Super-Senior Tranches of CDOs are Worth Much Less than 22 Cents on the Dollar: Another Ponzi Scheme of “Selling” Toxic Garbage with More Leverage
Nouriel [...]

Solar Deals

Beggers Can’t be Choosers – Some Minor Solar Deals
Courtesy of Trader Mark, FundMyMutualFund.

These aren’t heavyweight deals but with all the fuss about Spain (and if its not Spain, its Germany, and if its not Germany its the US, and if its not US, they will find something), it’s nice to see some deals with [...]

Financial Stocks

Here’s an optimistic perspective on financial stocks and the economy.  Courtesy of Bankstocks.com, by Thomas Brown.
Financial Stocks: What Could Go Right, Quite a Bit, Actually.
I know this will sound like a silly question, but what do you suppose might go right in the financial services industry over the next twelve months? The consensus answer [...]

Shoot First

Update on the SEC’s emergency order prohibiting the naked short-selling of a limited group of stocks.  By Greg Newton, at NakedShorts.
Short Shoot first, ask questions later

The end game for the emergency order
The end game for the US Securities and Exchange Commission’s emergency order, which currently prohibits the short selling of Phoney, Fraudy and the [...]

Housing Bill – Ron Paul

J.S. Kim discussing the Housing Bill and Ron Paul’s speech regarding the bill’s impact.   Courtesy of J.S. Kim at SmartKnowledgeU™. 
The Housing Bill: One Step Closer to the United States of Zimbabwe?
"You’re dangerous because you’re honest” ~ U2

Recently a bill to bailout Fannie Mae and Freddie Mac was overwhelming passed by both branches of the [...]

Notable Calls on MER

Merrill Lynch (NYSE:MER): Positive feedback from analysts
Several firms comment on Merrill Lynch (NYSE:MER) after the co announced an $8.5 billion equity raise as well as a "substantial sale" of U.S. ABS CDOs.
- Oppenheimer’s Meredith Whitney notes this would reduce MER’s CDOs exposure by $11.1 billion. While MER has significantly diluted existing shareholders, they applaud this [...]