11
Dec
2007
Posted by Tom as Economy
Whoever came up with the idea that the United State’s economy can “decouple” from the global economy had their brains decoupled from reality. For all the “we are one world” jargon they spew, they seem to forget that the biggest and most powerful linking agent among us all is global trade and the economy. [...]
27
Nov
2007
Posted by Tom as Stocks
Citigroup Inc (C) touched a 5 year low yesterday and we’ll be seeing C in the low 20’s for sure as one smart commenter predicted on this site. As the news breaks about C’s “not on the balance sheet” Structured Investment Vehicles (SIVs), I can’t help but wonder if Citigroup is now the Enron [...]
18
Nov
2007
For the past 65 days the Consumer Discretionary and Financial sectors have been underperforming the S&P500. This is no surprise because in my mind they are mutually reinforcing, both positively and negatively. Of course I’m oversimplifying here when I say this, but when money is loose and easy to get, the general consumer [...]
13
Nov
2007
I really have to pay more attention to a stock’s relative performance to the S&P500 before I buy it. I always forget to check this valuable relationship. Here’s three stocks that I either own or have owned in the past.
12
Nov
2007
I thought Citigroup Inc (C) w as cheap at $46 and $42 a share, little did I know they’d get cheaper. I went long 90 shares of this bad boy in our retirement accounts because C is a darn good company overall with a healthy dividend yield (6.53%). I figured that the subprime [...]