SeekingAlpha.com (Free subscription) | 11/24/2009
Wade Slome submits: The market may have recovered partially from its illness over the last two years, but investors are still queasy when it comes to equities. The market is up by more than +60% since the March 2009 lows, despite the unemployment rate continuing to tick higher to 10.2% in October. Even though equity markets have rebounded, recovering investors have flocked to the drug...
SeekingAlpha.com (Free subscription) | 11/23/2009
Wade Slome submits: Meredith Whitney, prominent banking analyst at her self-named advisory group, should have worn a bib to protect her from the adoring drool supplied by Maria Bartiromo in a recent CNBC interview. Ms. Whitney has quickly become a banking rock star during this “Great Recession” period. She was right at a critical juncture, and as a result she was thrust into...
SeekingAlpha Software Stocks (Free subscription) | 11/18/2009
Wade Slome submits: It is always darkest before dawn, and right now the days are dark in the video game industry. The industry is facing multiple challenges ranging from the migration of players from console games to digital online games; the growth of the iPhone and mobile devices as a free and discounted gaming platform; sky-rocketing development and marketing costs; and not to mention...
SeekingAlpha.com (Free subscription) | 11/16/2009
Wade Slome submits: Congratulations to those who have graduated through my first two articles ( Part I and Part II ) regarding the use of media magazine covers as contrarian investment indicator tools. We’ve reviewed magazine’s horrendous ability of predicting market shifts during the 1970s and Tech Bubble of 2000, and now we will take a peek at the “Great Recession”...
SeekingAlpha.com (Free subscription) | 11/12/2009
Wade Slome submits: In my most recent article, I went Back to the Future to examine the role magazine covers play as a contrarian indicator in fear-driven markets like we experienced in the 1970s (see previous story). Investing is both an art and science. While measuring the scientific aspects of the market can be more straight-forward, the behavioral and emotional sides to investing...
Mortgage News Clips (Free subscription) | 11/17/2009
Credit-Card Bond Issuance Hurt By New Accounting Rule – By Aparajita Saha-Bubna and Anusha Shrivastava Of DOW JONES NEWSWIRES A new accounting rule is complicating the efforts of credit-card issuers to raise funds in the asset-backed market, threatening to undercut the nascent recovery in this corner of the debt world. – Easy Bourse ———— Wilbur Ross Warns of Commercial Shoe Drop – Wade Slome,...
SeekingAlpha Media Stocks (Free subscription) | 11/11/2009
Wade Slome submits: Back to the future? I’m not referring to the movie, Back to the Future, about a plutonium-powered DeLorean time machine that finds Marty McFly (played by Michael J. Fox) traveling back in time. Rather, I am shining the light on the uncanny ability of media outlets (specifically magazines) to mark key turning points in financial markets – both market bottoms...
SeekingAlpha.com (Free subscription) | 11/04/2009
Wade Slome submits: The drought in higher interest rates may be nearing an end? Ever since the global financial crisis accelerated into full force in the fall of 2008, there were a constant flow of coordinated interest rate cuts triggered around the world with the aim of stimulating global GDP (Gross Domestic Product) and improving credit flow through the clogged financial pipes. Central...
SeekingAlpha.com (Free subscription) | 11/03/2009
Wade Slome submits: Joel Greenblatt has a long resume. Besides being the founder and managing partner of Gotham Capital, Mr. Greenblatt is the author of The Little Book That Beats the Market and an adjunct Professor at Columbia Business School. Now he is adding “Quant-fund Manager” to his work history. In his recent CNBC interview (below), Greenblatt discusses the real-world...
SeekingAlpha Retail Stocks (Free subscription) | 10/19/2009
Wade Slome submits: Oh, I’m sure you’ve seen them – those nauseating people that willingly accept facial tongue baths from their pets and dress them up in ridiculous costumes. Hey, wait a second… I guess I’m one of those annoying people too. My wife and I were just debating which Halloween attire we should get for our dog…Cound Dogula or Barkenstein?...
SeekingAlpha.com (Free subscription) | 10/15/2009
Wade Slome submits: Building a portfolio of stocks is a little like assembling a baseball team. However, unlike a team of real baseball players, constructing a portfolio of stocks can mix low-priced single-A farm players with blue chip Hall of Fame players from the Majors. Billy Beane, the General Manager for the Oakland Athletics, was chronicled in Michael Lewis’ book, Moneyball...
SeekingAlpha.com (Free subscription) | 10/14/2009
Wade Slome submits: Jeremy Siegel, Wharton University Professor and author of Stocks for the Long Run , is defending his long-term thesis that stocks will outperform bonds over the long. Mr. Siegel in his latest Financial Times article vigorously defends his optimistic equity belief despite recent questions regarding the validity and accuracy of his long-term data ( see my earlier article...
