Utilities- the worst performing sector in the market this month- BUY for a trade
You might think us crazy but we're buying the worst performing sector in the market this month, utilities. In particular we are buying the XLU and Dominion Resources. XLU,S&P Select Utilities…
Election correction thoughts and the next Investment Survival Workshop
Well, I feel kind of like I stepped into that punch. The initial market reaction to the obvious reelection of President Obama is still puzzling to me. After all betting sites, like Intrade had the…
Hon Hai Says iPhone 5 Design Leads to Production Delays - WSJ.com
The problem with Apple is not with the demand, it's with the supply. Hon Hai Says iPhone 5 Design Leads to Production Delays —A key supplier to Apple Inc. AAPL -3.80% said Wednesday it is…
Election thoughts
Whew, I'm glad it's over. The market sell off today is a gross overreaction. If we had four more years like the last four, the market would record one of the best all time returns for a President…
Apple probably a fist pounding heart thumping buy right now at $575
I have to weigh my two cents in on the iPad mini. This is probably the most innovative product I've seen from Apple in a long time. Innovative in the sense that how could you possibly place another…
Scott Forstall and Maps, Siri issues | TUAW - The Unofficial Apple Weblog
I found this article revealing. The recent Apple press release labeled as iStorm is an alarming development for Apple shareholders. At first, and of course who knows really, I thought the stock…
Briefing.com's comments on Verizon
Readers of the Sax Angle will recall that I blogged positively about Verizon a few days ago. I thought this article Ahead of the Curve Updated: 26-Oct-12 14:24 ET Verizon FY12 Q3 was particularly…
If stocks are overvalued because of artificially low interest rates- what is real estate?
There is a finite limit to the amount of rent most landlords can charge. Whatever the number, $2500 per month or $7,000 per month the value of housing is intimately tied to the income stream it can…
Election Correction
The S&P 500 is down 1.8% MTD. The VIXX is up 15.3%. The market is nervous. You can see this with the sudden movement of prices as volume dissipates and the machines take over. This is a good…
Presidential Election Weighs on the Federal Reserve - NYTimes.com
By BINYAMIN APPELBAUM Published: October 22 The next significant event for monetary policy is not the Federal Reserve’s meeting Tuesday and Wednesday, which is likely to pass quietly, but the…