- Exxon: Quarterly earnings and stock performance
Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind.
And what did the stock do? (…) - Is This a Recession?
Sometimes, trying to get your arms around a gigantic number (for example, the area of earth covered by land) just takes time. (…)
- Jim Cramer: Doom Itself
The line heard in every economic recession, and every single stock market pullback is: this time it's different. (…)
- 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. (…) - 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. (…)
- 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. (…)
- 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? (…) - 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. (…) - Bear Stearns, part I
The news surrounding Bear Stearns on Friday morning was not good! There are several important elements to this story. (…)
- Stock market yo-yo
Another Weird Day on Wall Street
Today, Tuesday, February 26, 2008 we received some negative economic news. (…) - Cutting Losses Short
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)
- Re-writing History on Wall Street
No wonder many people have lousy opinions of Wall Street folks.Â
Read on:
Written in Barron's March 5, 2007 issue, Bill Alpert noted that
nearly 20% of "Analyst Recommendations" over a ten year period
from 1993-2002 were changed — after the fact.Â
Twenty Percent! (…)







