Archive for April, 2009:

Honeywell: Perhaps a Multi-Year Buy Under 30 Dollars

{ Posted on Apr 29 2009 by Ockham Research Staff }
Categories : All, Ockham
According to CNBC’s Jim Cramer, Honeywell (HON) is a screaming buy when it dips below $30.  The diversified technology and manufacturing company reported earnings last week that were not overly impressive as management ratcheted down guidance, but this does not ...Read More »

Den of Iniquity Takes Down Dendreon?

{ Posted on Apr 29 2009 by Minyanville }
Options -- and the whole financial system -- are increasingly being viewed with a jaundiced eye as investors see the system as not only irrational but completely gamed. Just when the markets are trying to regain the public's trust -- on ...Read More »

Banks Upgrade From Catastrophic to Awful

{ Posted on Apr 29 2009 by Minyanville }
The recent rally in equity markets -- the largest for decades -- was predicated in part on the improving fortune of banks.Banks reported better-than-expected profits. US banks seem likely to pass the stress test. Repayment of taxpayer funds by some institutions ...Read More »

John Stossel vs. Slate on Credit Cards

{ Posted on Apr 29 2009 by Matt Welch }
In his syndicated column, ABC's John Stossel throws cold water on Washington's latest abuse of the "Bill of Rights" suffix, in this case the Credit Cardholders' Bill of Rights.Think about what a credit card is. It's convenient access to ...Read More »

Dendreon: Just What the Bulls Ordered

{ Posted on Apr 29 2009 by Minyanville }
If there were such a thing as the Stock Market Thesaurus Dendreon (DNDN) and “drama” would be synonymous. Everything was percolating along very nicely yesterday when some 2-3M shares hit the ask and the stock went from around $25 ...Read More »

The Simple Dollar Weekly Roundup: Amazon Oddities Edition

{ Posted on Apr 29 2009 by Trent }
Several people have asked me about two things that have popped up on Amazon with me as an author, so I thought I’d mention them both here. One is a “paperback” version of 31 Days to Fix Your Finances. Someone ...Read More »

Soundbite: The Raw Deal

{ Posted on Apr 29 2009 by Damon W. Root }
In his provocative new book New Deal or Raw Deal? (Threshold), Hillsdale College historian Burt Folsom takes aim at the iconic legacy of President Franklin Delano Roosevelt. Drawing on his own research and that of economists such as Milton ...Read More »

Two Ways: Your Move, Bernanke

{ Posted on Apr 29 2009 by Minyanville }
FOMC Day The Federal Open Market Committee concludes its 2-day meeting today with the release of a statement at 2:15. With interest rates effectively at zero  most aren’t expecting any news vis a vis  the overnight federal funds target rate. But what ...Read More »

Specter, Blue Dogs and Filibusters: the Dynamics

{ Posted on Apr 29 2009 by Bruce Webb }
Categories : All, Angry Bear

Sell in May and Go Away?

{ Posted on Apr 29 2009 by Minyanville }
“Indians scattered on dawns highway bleeding. Ghosts crowd the young child’s fragile eggshell mind.” --The Doors Mark Twain once said history doesn’t always repeat but it sometimes rhymes. Investors around the world hope that doesn’t again prove true. We ...Read More »