The International Council of Shopping Centers (ICSC) and Goldman Sachs released their weekly index of chain-store sales this week. The report (found here) shows that chain store sales during the week of December 25th were up 1 percent from the prior week and up 4.8 percent year-over-year. This was especially […]
Model manger Jeff Philips is a Harvard University graduate and a former division finance manager for Wells Fargo. This month he added a few new positions to his Long-Short Equity model, including Exide Technologies (Nasdaq: XIDE). XIDE had a big jump in price between November 1st, when it closed at […]
New York artist William Powhida produced this drawing on the dynamics of the current art market, entitled “A Guide to the Market Oligopoly System” (click for larger version): Reuters’ finance blogger Felix Salmon recently bought the drawing, and Salmon now has an indepth analysis of it that’s required reading for anyone […]
In their Large Cap model, manager Gator Capital Management invests in 30 large cap companies. They use fundamental research to determine which companies to add to the model and review earnings releases and conference calls to help narrow the choices down. They also talk to company managers to clarify any […]
BTC Impex takes a generalist approach to investing with no focus on any particular industries or sectors. They specialize in value stocks and use a combination of top down analysis with bottom up fundamental analysis. They attempt to identify companies that are either fundamentally strong or weak and find both […]
Investors were in for an onslaught of economic news today. The Department of Commerce released its Advance Report on Durable Goods for November today, and it turns out that new orders for durable goods decreased 1.3 percent. Click here to see the full report. The Department also released the New […]
The Wall Street Journal reported today that 98 of the U.S. banks that had received bailout funds are heading toward failure. This is an increase of about 12 banks from the second quarter figures. You can read the full article here. Economist David Rosenberg told CNBC today that he expected […]
Chances With Wolves is a weekly music show on East Village Radio produced by three childhood friends who share a love of hauntingly beautiful covers, a rich collection of old records, and an aversion to the mainstream, repetitive airwaves. Kenan Juska, Mikey Palms and Kray (just Kray) recently did a two-hour episode […]
The Management Access model managed by Douglas Estadt is a day trading model with a focus on the purchase of the stock of companies with credible growth stories that have released news that will eventually be worked into the stock’s price. Estadt uses management presentations with fundamental analysis and trade […]
In the Precedent-Based model, manager John Ward combines fundamental analysis with market timing strategies that come from the daily tracking of technical action. Ward’s objective for the model is to minimize risk. The model becomes more diversified when the market is trending down and also holds inverse ETFs at times. […]
Has the financial crisis, combined with the explosion of social media and broadband, changed how young adults think about money and value? Are new systems of wealth generation and abundance now feasible? What does the future hold for banks and other financial institutions as peer to peer exchange gains traction?
Amazon released some 2010 and holiday sales data this morning. Among the results [added]: On the peak day this season, Amazon’s worldwide fulfillment network shipped over 9 million units across all product categories. [That’s 104 items/second.]