Herb Greenberg’s 5 Simple Lessons
In case you didn’t know, Herb Greenberg has retired from WSJ and Marketwatch to go into "private practice." For his final...
What Was THAT?!?
Heck of day, Bernie. Choose your poison: Technical, Fundamental, Macro-Economic — there’s something for everyone in the...
Odd Data Point: Tech Passes Finance in SPX
How is this for an odd data point? Bank stocks are no longer the largest industry group in the SPX, having been recently bypassed by...
S&P500 Profits Ex 3 Oil Cos = Awful
Last week, Larry Kudlow wanted to look at the SPX earnings ex-Financials. My response: This was like looking at my own baseball hitting...
Oil Bubble?
My friend Paul points to this report by Factset, titled: An oil bubble to rival the internet boom. The difficulty with the bubble...
Unrealized Level 3 Gains
If it weren’t for the large non- cash profits on "hard-to-value" holdings, Goldman Sachs (GS) wouldn’t have had...
Schwab: We Don’t Need Your Stinkin’ Analysts
Charles Schwab is raises an interesting issue regarding analysts: "When Wall Street’s almost 1,800 equity analysts figured...
Google’s Black Box
My friend Paul asks, "Why Was Everyone Wrong-sided on Google?" I am not sure, but an anonymous emailer has a theory. He...