September 08, 2009 –
Would like to qualify this by stating that I make no pretense into having my namesake economic theory, or deep indepth quantitative analysis. Call it primitive gut instinct, call it a monkey throwing darts at a print out of the market, call it what ever you want. I have been wrong many times before, and I could be wrong now. [more]
July 27, 2009 –
Sales were up from May to June, but still down from 2008, which was not a good year. All the while the housing prices are falling. Why is this good news for homebuilders? [more]
May 22, 2009 –
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RELATED TICKERS: GM
Today I saw an explosion of short covering while the barn door was closing. Normally my CAPS instinct would take over and I would short it without a thought as I did with Stein Mart today. I am dating myself, but years ago I saw a movie called "Roger and Me" directed by Michael Moore. His documentary provided real life examples of the impact of GM's outsourcing on the city of Flint Michigan. If I remember correctly a former CEO of GM said, "What is good for GM is good for the country." [more]
May 18, 2009 –
This is from an article in the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?" [more]