Posted by Davy on June 19th, 2008 in Market Commentary
According to Bloomberg, oil took a big drop today due to an 18% increase in the fuel price by China, who subsidizes their domestic energy market. As a result, energy stocks are taking a a little dive today while the broader market enjoys a little rebound. I guess it would be logical to think that [...]
Posted by Davy on June 18th, 2008 in Sports
Revisiting my previous predictions, I was a perfect 8 of 8 (though I got the ordering wrong on Group B). Maybe I should stop investing and go to Vegas! Let’s keep the streak alive: Quarterfinals Portugal vs. Germany — I think Portugal’s main weakness will be their lack of firepower upfront but Germany won’t be [...]
Posted by Davy on June 18th, 2008 in Market Commentary
The post title is not my opinion, nor is it some economist’s view. It comes straight from the front lines but first some background. Whirlpool Corp. (WHR) is the world’s largest appliance maker with operations all over the world. Specifically, they generate 57% of sales in North America, 20% sales in Europe, 20% sales in [...]
Posted by Davy on June 16th, 2008 in Misc.
Brain, that is. Over the weeken, the Wall Street Journal published the story of Charles Wolf, who has been battling brain cancer for several years and in that time, also beating the market. What’s interesting about his case is that the cancer is on the left side of his brain. I’ve always been very good [...]
Posted by Davy on June 13th, 2008 in Enlightened-American Portfolio
I added more GE yesterday at $29.70 (and again on 06/26/2008 @ $27.58 $26.58). Please note that my portfolio results will continue to reflect only my initial entry point, as it does with all stocks (for example, my PWE entry point is shown at $30.11 even though I no longer have any of the shares [...]
Posted by Davy on June 11th, 2008 in Misc., Sports
Most questions ask me to predict what’s going to happen in the financial markets but yesterday, a co-worker asked me about Euro 2008. I know it’s lame to make predictions after a round of games have been played but regardless, here’s my semi-educated take: More on this topic (What's this?) Portugal: Her Own Worst Enemy [...]