Archive for April, 2009:

Investors See Green Shoots in 1Q GDP Manure

{ Posted on Apr 29 2009 by Ockham Research Staff }
Categories : All, Ockham
The Commerce Department reported this morning that first quarter GDP declined at a 6.1% annual clip–a far bleaker number than the 4.9% drop expected by most economists.  This unrevised number is almost as bad as the decline turned in by ...Read More »

Qwest: Value Hunter’s Dream or Sinking Ship

{ Posted on Apr 29 2009 by Ockham Research Staff }
Categories : All, Ockham
Qwest Communication (Q) reported a quarterly profit that was better than expected, as net income was up 37% from last year primarily due to significant cost cutting measures.  On a per share basis, last year the company made 8 cents ...Read More »

First Solar: Will Options Be Eclipsed?

{ Posted on Apr 29 2009 by Minyanville }
People of the Sun rejoice: First Solar (FSLR) reports tonight! And we're seeing a familiar volatility pattern. Former Momo darling acts well volatility hits 6-month lows so you wonder how much more options get hit once the news comes out. ...Read More »

Randoms: The Wall of Worry

{ Posted on Apr 29 2009 by Minyanville }
Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community. See also Sell in May and Go Away?Let's ...Read More »

Ticker Shock: Three Reasons Not to Trade E*Trade

{ Posted on Apr 29 2009 by Minyanville }
Was it hot yesterday or what? I was sweating like the Good Humor man in July. I don’t know if I’m ready for that yet. The Hang Seng closed up 2.76% however the Nikkei was closed on holiday. Meanwhile ...Read More »

Changes and Enhancements to Ockham

{ Posted on Apr 29 2009 by Ockham Research Staff }
Categories : All, Ockham
Everyone, thanks for the incredible growth over the last several months.  We are excited to announce some basic changes to our site navigation at www.ockhamresearch.com, primarily through the excellent feedback from you, our readers and customers.  Generally, a clean and ...Read More »

If “Stress Tests” Were Baseball, at Least Banks Would Be Hitting Over .300, Though in Obama’s America There Is No Game of Failure

{ Posted on Apr 29 2009 by Matt Welch }
From Bloomberg News:At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said. [...]Final results of the tests are due to be released next ...Read More »

Stress Tests: Another Case of “Mission Accomplished”?

{ Posted on Apr 29 2009 by Minyanville }
I have received several requests to comment on the bank stress tests.In doing so let me start with this “perspective” on the stress tests which was first offered by the Treasury back on February 10 when Secretary Geithner announced ...Read More »

Options 101: Dividend Risk Explained

{ Posted on Apr 29 2009 by Minyanville }
In options terminology "dividend risk" refers to the chances of not collecting the dividend when you have written a covered call. If you own stock and want to collect the dividend and if you also want to write covered ...Read More »

A Breakout Would Be Good… Right?

{ Posted on Apr 29 2009 by Minyanville }
The last 6 times we had an FOMC meeting the S&P 500 typically responded in joyous fashion closing in positive territory 5 times with an overall average of +2.4%.But a cruel fact of life is that the hangover is ...Read More »