Monday, August 31, 2009

Baker Hughes: A Special Situation

›
I haven't executed a special situation play for a while, but today's announced purchase of BJ Services (what a name!) by Baker Hughe...

More Gold Options For The Alpha-D

›
I hold gold in my IRA. I haven't written any call options against them for a while but that has just changed. Today I sold covered call...
Saturday, August 29, 2009

The Haiku of Finance for 08/29/09

›
Bankers in trouble Loss reserves inadequate Time to shut them down
Friday, August 28, 2009

Consumer Spending Head Fake Fools Market

›
The supposed restoration of the American consumer to his throne was a fluke driven by Cash For Clunkers, as noted here : Auto dealers benefi...
Thursday, August 27, 2009

More Banks On Brink Will Drive FDIC and Treasury To "Plan C"

›
Green shoots, eh? Check out how many more banks are going to collapse : The number of problem U.S. banks and thrifts on an official watchli...
Wednesday, August 26, 2009

A Primer On Financial Career Archetypes

›
Careers in finance are fun and rewarding. If you want to win you have to arrive prepared and ready to roll. The specific type of job doesn...
Tuesday, August 25, 2009

Day Traders Never Learn

›
Some people just shouldn't be allowed to invest their own money. Day traders are playing games with Phoney and Fraudie : Shares of...
Monday, August 24, 2009

Updating The Alpha-D For Aug. '09

›
Some of my short option positions expired unexercised last Friday, so I did alright by hanging onto those premiums. I have renewed my opti...
Saturday, August 22, 2009

The Haiku of Finance for 08/22/09

›
Bigger deficit Bond blowout will choke us all We're in for it now
Friday, August 21, 2009

China Has Had Enough Of U.S. Debt

›
The tipping point in Uncle Sam's debt binge is finally here. It came in bits and pieces but the overall outline is no longer in doubt :...
Wednesday, August 19, 2009

The Haiku of Finance for 08/19/09

›
Markets catch a cold Chinese sneeze blows down world stocks Cash gets some bed rest

China Closes Down, Spooks U.S.

›
It used to be that when U.S. markets sneezed, Asian markets caught a cold. Now it's the other way around : World stocks sank Wednes...
Tuesday, August 18, 2009

Allied Nevada Finds Gold And Raises Capital

›
I continue to be proud of the only single stock holding in my portfolio, a junior gold producer named Allied Nevada Gold Corp . They have ...
Monday, August 17, 2009

Top Of The Mark(et)

›
This is the Top Of The Mark : It's a storied bar on the top floor of the Mark Hopkins, one of the most renowned hotels on Nob Hill, one ...
Saturday, August 15, 2009

The Limerick of Finance for 08/15/09

›
Confidence of consumers still wanes People can't spend if wallets stir pains Their accounts are dried out Nothing left in the spout They...