Friday, March 13, 2009

Bear Market?

Nobody told these stocks:

Autozone (AZO)
Netflix (NFLX)
O'Reilly Automotive (ORLY)
Family Dollar (FDO)
American Italian Pasta (AIPC)
Genentech (DNA)
Amazon (AMZN)

Thursday, February 26, 2009

Simply Put, "Paulson is The Man"

Very interesting article on hedge fund manager John Paulson.

http://www.portfolio.com/executives/features/2009/01/07/John-Paulson-Profits-in-Downturn

This has got to be the trade of the year, maybe decade:

Long before the financial crisis hit, Paulson, according to one person briefed on the trade, invested $22 million in a credit default swap that eventually paid $1 billion when the federal government opted not to rescue Lehman Brothers. That amounts to a staggering $45.45 for each dollar invested. -(Conde Nast Portfolio)

20 Year Charts of the Major Indices

S&P 500
Dow Jones Industrials
Nasdaq Composite

Stocks Holding Up in this Current Market

Visa (V)
MasterCard (MA)
Amazon.com (AMZN)

Monday, February 16, 2009

Visa (V) & Mastercard (MA)

Visa
Mastercard

Monday, February 9, 2009

Mastercard (MA) & Visa (V)

Mastercard
Visa
Reported 1st Quarter results on Wed., Feb. 9th. Posted earnings of $0.74 cents a share vs. estimates of $0.55 cents a share. Net income rose 35% to $574 million, compared to $424 million in the same time period last year. Net operating revenue rose 17% to $1.7 billion. Total processed transactions rose 8% to 9.8 billion. Adjusted operating expenses fell 4% to $728 million due to the company cutting its professional and consulting fees and administrative costs. Has a net profit margin of 33.01% and a return on equity of 10.48%.

Nasdaq Composite

The IV Horsemen Are Back

Apple (AAPL)
Research in Motion (RIMM)
Google (GOOG)
Amazon (AMZN)

Wednesday, January 21, 2009

Getting back on track

It's about time I put up a new post. It's been over 3 months since my last one so I figured, eh, what the heck. As far as the markets go, volatility is the name of the game.

Apple (AAPL) released earnings today, their stock shooting up over 11 points after hours. Apple was hovering at a 52 week low near $78. It is now trading above $90. Several traders were using the $80 level as support. If Apple traded below this barrier for a couple days then that would have been a signal to start shorting the stock. Amazing what earnings can do.

IBM reported really good earnings last night. Their stock shot up over 11% today. Other tech notables doing well today are Google (GOOG) and Research in Motion (RIMM).