By Joe Chase of IndexBeating.com
After last week’s roller coaster ride in the market, which ended with the market down a little more than 2% last week, I am preparing for a big week in the stock market. Asia and Europe saw big gains today (Hang Seng (more…)
Categories: Economics · Investing
Tagged: auto executives, auto industry, auto manufacturers, bail out, Big 3, CAC 40, chrysler, DJIA, Dow, Dow Jones, economy, ford, FTSE, GM, Hang Seng, Investing, Mulally, Nardelli, Obama, stock market, Stocks, wagoner
By Joe Chase of IndexBeating.com
The market has seen some unbelievable volatility lately, falling 5% one day, rising 8% the next, falling back 5% the day after that. It is very hard to predict where the market is going in a given day, for a while it was going up one day, down the next, and then back up. The past 3 days have seen gains in the Dow & S&P 500, the best run in 21 years. Going forward from here, (more…)
Categories: Business · Economics · Investing
Tagged: Big 3, Big Three, cars, chrysler, detroit, DJIA, Dow, Dow Jones, ford, GM, s&p, s&p 500, stock market, Stocks
By Joe Chase of IndexBeating.com
Jarden Corp, maker of Coleman (camping), CrockPot, K2 Skis, Mr. Coffee, Bee playing cards, and many other consumer brands. After rising above $40 in 2007, Jarden (NYSE:JAH) fell to 20, then 15, then 10. They reported very strong earnings (beating estimates for the (more…)
Categories: Business · Investing
Tagged: coleman, crockpot, Earnings, EPS, estimates, F P/E, Investing, JAH, Jarden, k2, mr. coffee, P/E, portfolio, Stocks, value investing
I don’t think there is any point in trying to predict a market bottom, lately it keeps going lower beyond reason. Today the market started out a couple percent up, and have already (34 minutes later) given up almost all their gains. There is too much bad news and too many large, important institutions in big trouble with their stock prices down over 50%. The Big 3 need to be fixed, and can’t do so until (more…)
Categories: Business · Economics · Investing
Tagged: $700B, BAC, bail out, bail out package, bank of america, Big 3, C, chrysler, citigroup, Developing Economies, economy, ford, GM, Investing, Obama, paulson, stock market, Stocks, TARP, treasury
Recently I have been working on developing an index. What is an index? An index is a way to take many different pieces of information and making one number out of all of them. The S&P 500 takes 500 pieces of information (the market cap of each stock) and spits out just one number, which right now is 873.29. What does this 873.29 mean? In reality it doesn’t mean much, it only means something when you look at the value now versus the value in the past. The consumer price index is
Categories: Investing
Tagged: 2000 bubble, asset allocation, bond, bonds, CPI, credit crisis, cyclical, economic cycle, economy, index, interest rates, Investing, s&p, s&p 500, standard & poor, stock market, stock market bubble, Stocks, VIX, volatility, zero coupon bond
Yesterday Bank of America and General Electric were both trading below $15. It is seriously hard for me to believe this is a bad buy. GE was yielding 8.5% when it hit its bottom yesterday, and BAC was yielding 8.6%. If you buy at that price, make sure you have dividend reinvest in place, buy it and don’t watch it. If the price goes down more, and I don’t think it has much more room to fall, you will just get more shares when your dividends reinvest. BAC already
Categories: Investing
Tagged: absolute return, BAC, bank of america, ben graham, buy and hold, Covered call, dividends, GE, general electric, Investing, return, Stocks, value investing, warren buffett, yield
This is my portfolio as of 10-29-08.
# Shares Ticker Avg Cost
107 JAH 15.37
30.33 WFC 30.75
32.49 TCLP 28.16
31.45 GE 27.55
22.4 BAC 32.93
21.38 PBT 22.65
53.68 CSE 12.81
12.22 KFT 31.51
4.05 MCD 61.44
3.04 JNJ 70.09
65 BSRC 1.08
