All Entries in the "Portfolio Update" Category
Time & Money Review 11/16/07 – Gold Investors Reminded of the Laws of Gravity
Apparently, the laws of gravity still apply to gold. Over the past 4 1/2 months, gold has gone vertical tacking 30% onto its June low. Before Gold investors could finish rewriting their new science books, they were treated to not one but two $30 down days. Damaged for the week totaled 5.7%. Gold investors received a double whammy as they often [...]
Time & Money Review 11/09/07 – Technology Stocks Taken to the Woodshed
The last bastion of strength, technology, was taken to the woodshed as the NASDAQ lost 6.5% last week. Selling was initiated when Cisco Systems (CSCO) reported inline revenue and earnings, but weakening sales to US financial institutions. Cisco’s strength in its other end markets was ignored as fear that subprime slime has infected the non-financials made [...]
Time & Money Review 11/02/07 – Commodities Bubbling
There is a simple strategy that is working now: If you drop it on your foot and it hurts- buy it! Don’t believe me – drop a barrel of oil on your foot. Say good-bye to your foot, but if you own a few barrels at $95 each it would soothe the pain. A pound [...]
Time & Money Review 10/26/07 – Microsoft is BACK
The great ones always come back for one more fight. Microsoft (MSFT) an also ran for the past seven years, at least from a stock market perspective, demonstrated that it could still float like a butterfly and sting like a bee. After the close on Thursday, it reported that its net income rose to $4.3 [...]
Time & Money Review 10/19/07 – 20th Anniversary of Black Monday
If you watched CNBC at all last week you heard at least one mention of October 19, 1987. If you are like me and watch it too much – you knew that Friday was destined to be a down day. After the non-stop reminders of the 22% one day drop from 20 years ago, how [...]
Time & Money Review 10/12/07 – Technology: The Forgotten Sector
Although the DOW and S&P 500 hit all-time highs this week, the quiet leader was the technology sector. The primary benefactor as well as goat from the internet bubble days, the NASDAQ, is leading the broad market in 2007. Year to date, the NASDAQ is up 16.2% – followed by the DOW (+13.1%) and S&P [...]
Time & Money Review 10/05/07 – Market Focus Changes on a Dime
The crowd crazing for more rates cuts may have taken a hit on Friday, as jobs appear to be back on track. Jobs reported by the Labor Department increased by 110,000 for September. However, the good news was that August negative print of -4000 jobs was revised up to 89,000. Calls for a US recession [...]
Time & Money Review 9/28/07 – The Wall of Worry Steepens
September may have closed on a down tick, but this has been a great month for investors. For the month, the DOW, S&P 500 and NASDAQ were up 4.0%, 3.6% and 4.0%. Coming off a very volatile August this was just what the doctor ordered. Should investors break out the champagne considering that September is [...]
Time & Money Review 9/21/07 – Commodities Explode
Guesstimates on the outcome of the Fed meeting were all over the map with most thinking that a quarter-point reduction was in the cards. However, the Fed shocked the market by cutting interest rates 50 and 50. The federal funds rate (overnight loans between banks) and discount rate (direct loan to banks from Fed) were both lowered [...]
Week in Review 9/14/07 – 0, 25 or 50 basis points?
The September 18th Fed meeting has been hyped more than the Super Bowl. Is subprime slime leading the economy into a recession? Can Bernanke and crew save the day with a rate cut? 0, 25 or 50 basis points? This is definitely shaping up to be a sell the news type event. I am beginning [...]
