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       Sector: Services  >  Industry: Real Estate Operations
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From the Blogosphere

Wachovia shares down 8% as analyst calls for profit-taking

Filed under: Analyst reports, Analyst upgrades and downgrades, Forecasts, Wachovia Corp (WB)

Wachovia Corp. (NYSE: WB) shares are down some 7.5% (which is at least better than today's earlier decline of about 10%), after a Morgan Keegan analyst recommended selling the shares. The call follows Wachovia's 30.9% jump last week and comes ahead of a meeting between new chief executive Robert Steel and investors.

The analyst, Robert Patten, who rates Wachovia at Underperform, made the profit-taking call this morning. In his opinion nothing has fundamentally changed to warrant last week's price appr

...
By  Melly Alazraki   (-31.63%  risk: aggressive)  08/04/08 Comment


Now Presenting: Deflation!
It's time to stop pretending. Deflation is here and it is now. Anyone who sees stagflation or inflation out of what's happening now missing the boat. Let's consider the evidence.

Yield Curve As Of March 16, 2008



click on chart for sharper image

Are short term interest rates at 1.16% and falling indicative of stagflation? Certainly not.

Note: That chart is from yesterday, today short term rates are 0.97%

Stagflation theories die on the vine with the above chart. It really is as simple as that. Interest rates are not supposed to fall in periods of stagflation.. However, short term rates at 1% or e...
By  Michael Shedlock   (+63.37%  risk: aggressive)  03/17/08 Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 18.70 +40.85% 174
2 Gerald Greene 17.51 +40.49% 57
3 krprasad 16.70 +18.24% 7
4 The Big Bear 14.22 +37.54% 211
5 akiralegrand 13.70 +16.71% 40


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