Today was a big day in housing news. According to the Mortgage Bankers Association, mortgage loan application volume decreased 18.6 percent last week. The Refinance Index also decreased. To get full details, see the press release here. Then there was the good news on the housing front, as the National […]
One interesting way to find out what is going on in the minds of investors is to look at Google and Yahoo trending topics. Today, Unemployment Rate was one of the trending topics on Yahoo. On Google, the hot trending search was Obamacare. These two topics are both sources of […]
A number of companies released positive earnings reports today. Adobe Systems Incorporated (NASDAQ: ADBE) reported that their quarterly sales for quarter four surpassed $1 billion, for the first time ever. Jabil Circuit Incorporated (NYSE: JBL) announced a net revenue of $4.1 billion in quarter one 2011, a $1 billion increase […]
In the Performance with Protection model, manager Leif Eriksen takes a top-down, fundamental approach and favors large and mid cap companies. The goal of the model is to protect capital while outperforming the market. This month, Eriksen added Medtronic Inc (NYSE: MDT) to the model. MDT’s net revenues have been […]
During the month of December, model managers Ascendere Associates added several new financial stocks to their Systematic Long-Only model. In this model, the goal is to find stocks and ADRs that illustrate the potential for growth at a reasonable price with a market cap of more than $2.5 billion. Ascendere […]
Graphic artist Cameron Zotter picked up discarded receipts over a 48 hour period and mapped out how far they had traveled from the point of purchase. See the huge version on Flickr or click below:
A documentary film on the history of the venture capital business – Something Ventured – is in post-production. You can view a clip here.
Manger Craig Steury uses initial screening criteria to identify top performers and then reviews key indicators to choose equities for his Algorithmic Trading model. The model trades on a computerized system and utilizes short-term trading strategies. While it is no longer in the model, on December 20th he added shares […]
From artist Blake Fall-Conroy: The minimum wage machine allows anybody to work for minimum wage. Turning the crank will yield one penny every 5.04 seconds, for $7.15 an hour (NY state minimum wage). If the participant stops turning the crank, they stop receiving money.
Watch reruns… and learn! Three academics created a site that contains over 100 Seinfeld clips that illustrate principles of the dismal science. As they see it: It is the simplicity of Seinfeld that makes it so appropriate for use in economics courses. Using these clips… makes economic concepts come alive, […]