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Blog Posts

Why is gold marching higher? Ask the central bankers 11/20/09   —  The rally in gold just doesn't want to quit. You are probably wondering what is going on. Central banks around the world hold gold reserves. Periodically, they buy or sell gold, depending on how they view world markets. Right now, central banks are net buyers, the first time since 1988. A weak US dol...
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ECB Trichet's comments show central banks' delicate balancing act 11/20/09   —  Filed under: International markets, Indices, DJIA, Financial CrisisEuropean Central Bank President Jean-Claude Trichet jolted the markets Friday with the announcement that the ECB will gradually withdraw the emergency cash injections it has added to the financial system, in order to prevent an accele...
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ANN   Ann Taylor out of style with investors after Q3 report 11/20/09   —  Filed under: Earnings reportsI was wrong about Ann Taylor Stores Corp. (ANN). Thought it might make a possible earnings trade. Well, Q3 earnings are out, and it looks like the market has given a thumbs down to my thesis. At the time of this writing, shares were off by almost 4%. It's funny, because ...
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BAC   Ken Lewis' successor could be... Ken Lewis? 11/20/09   —  Filed under: Bank of America (BAC)In the past, I've covered Rochdale Securities analyst Dick Bove's inane ramblings about how fantastically awesome Bank of America (NYSE: BAC) CEO Ken Lewis is. Last month he called Mr. Lewis "phenomenally good" and his notes to investors are beginning to have more in...
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WPO   GCI   Newspaper ad revenue of 28%, 8 quarters of double-digit drops 11/20/09   —  Filed under: Newspapers, New York Times'A' (NYT), Gannett Co (GCI), Media WorldWe've put three quarters behind us in 2009, and the most recent one was merely another miserable step downward for the beleaguered newspaper industry. Total ad revenue plummeted in the third quarter to $6.4 billion for the...
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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.25% 377
2 18.14 +70.10% 208
3 17.66 +25.70% 55
4 13.47 +14.32% 61
5 12.13 +75.30% 38


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