August 2011
August 30, 2011 –
|
RELATED TICKERS: OSK
, CAT
, SPY
I read today that Icahn was a big holder of Oshkosh Corporation (OSK). I don't know if you know what this company is (I didn't), but it's an old and major-though-second-tier heavy equipment maker. They make a majority of their revenue from U.S. defense applications (armored vehicles, etc.), but also make garbage trucks, cranes/lifters, de-icing trucks, fire trucks, etc. I looked it up and it has no dividend (it cut its $0.40/year divvy in Spring 2009, it's one of those), and a P/E of under 5, with a one-year forward P/E of around 9ish because it's going through some hard times right now. It's clearly a cyclical industrial stock. The 3-year beta is 2.5. [more]
August 25, 2011 –
|
RELATED TICKERS: GLD
, SPY
, IAU
A few weeks or a month ago, TMFBullnBear, in the comments to one of his great posts on gold, posted a link to a blog post that a commenter on his post on Economist.com had brought to his attention. That blog post is a 2010 article by Eddy Elfenbein, who writes Crossing Wall Street. The blog and the post and the model blew me away, reading it as I did, much farther into the trend than it was written. You can find it here. [more]
August 24, 2011 –
|
RELATED TICKERS: AAPL
Did anyone else see this news? Is it true? Not unexpected, but still likely the result of a sad story.
August 19, 2011 –
|
RELATED TICKERS: SPY
I'm a regular reader of Josh Brown ("The Reformed Broker"). He has a great post up today that I highly, highly, highly recommend: [more]
August 18, 2011 –
|
RELATED TICKERS: SPY
Title is self-explanatory.
August 12, 2011 –
|
RELATED TICKERS: GLD
, IAU
"The price of gold has risen for every one of the past ten years. Isn't it about time YOU added gold to YOUR portfolio?"
-- Goldline Commercial, Overheard on a TV in my Building's Cafeteria/Restaurant
August 11, 2011 –
|
RELATED TICKERS: SODA
I liked the report today, it has been on my watchlist for some time, and at one point today it was suffering a 38% drop. I picked up a 1/2 position today at the above-referenced price. I'll buy more either if there is 1) significant further stock drop combined with no perceived business deterioration; or 2) improved business conditions after next quarter, even if the stock has appreciated. [more]
August 08, 2011 –
|
RELATED TICKERS: BRK-B
, RIG
, SPY
Okay, I am officially in violation of my trading rules now, having added to my Berkshire position today at $67.47, and to my RIG position at $48.50/share, despite telling myself I would not add until 8/15/2011. I'm very happy about my prices, but I'm going to unplug from the market for a day or two.
August 08, 2011 –
|
RELATED TICKERS: RIG
, SPY
Yes, please, I'll take two, and one for the lady. If and as things go down I'll continue to add occasionally, and post about it.
August 06, 2011 –
|
RELATED TICKERS: SPY
"When asked if he felt the U.S. deserved the downgrade, Buffett said, "No." He took a swipe at S&P, quipping, "Remember, this is the same group that downgraded Berkshire."
Read more: http://www.foxbusiness.com/markets/2011/08/05/buffett-to-fbn-sp-downgrade-doesnt-make-sense/#ixzz1UIFtEdY4 [more]
August 03, 2011 –
|
RELATED TICKERS: BRK-B
, AMZN
Make my day, beyotch. $73.18/share. They's mo capital where that came from. Let us see how much farther these markets drop until the judgment is rendered about whether this is a soft patch or we are entering a double-dip. Let's look at velocity of money and at TIPS spreads to gauge the likelihood of more Fed easing being announced at the end of August. [more]
RSS Headlines
Fool UK