Archive for August, 2009

• Friday links: deposit deluge
  abnormalreturns, August 21st, 2009 at 11:55 am, Comments: 0

  Individual investors (and newsletter writers) have pulled in their horns.  (Bespoke, Marketwatch) High quality stocks have lagged in 2009.  (Morningstar) How has options expiration week [...]

• Thursday links: cash conundrum
  abnormalreturns, August 20th, 2009 at 10:22 am, Comments: 0

  Thinking about a stock replacement strategy.  “Realize profits. Maintain upside exposure at the same time. Limit risk. Welcome to the third dimension of investing.”  (Barron’s) [...]

• Wednesday links: rapid reversals
  abnormalreturns, August 19th, 2009 at 12:17 pm, Comments: 0

  Good bye bull, hello bear market in China.  (Bespoke, UpsideTrader, The Reformed Broker) A reversal in fortune for hedge fund strategies in 2009.  (BusinessWeek also [...]

• Tuesday links: trading too much
  abnormalreturns, August 18th, 2009 at 12:11 pm, Comments: 0

  The carry trade is back.  (WSJ) Is your mutual fund manager trading too much?  (Morningstar earlier Abnormal Returns) How to trade the VIX.  (VIX and [...]

• Monday links: buy back blow-ups
  abnormalreturns, August 17th, 2009 at 12:04 pm, Comments: 0

  “Personally I groan when I see a US company buy back shares. It is a pity, because sometimes the buybacks are actually effective.”  (Ultimi Barbarorum) [...]

• Market valuation as a backdrop
  abnormalreturns, August 17th, 2009 at 11:15 am, Comments: 0

  With the market down big time this morning there is no shortage of talk about this being the end of the current upswing.  Yves Smith [...]

• Sunday links: information addiction
  abnormalreturns, August 16th, 2009 at 3:32 pm, Comments: 0

  “A P/E ratio rising from 10 to 18.35 is what happens when the S&P 500 rallies 50% (the P) while earnings (E) continue to decline.”  [...]

• Friday links: Vegas bets big
  abnormalreturns, August 14th, 2009 at 11:21 am, Comments: 0

  TIPS ETFs are getting gamed.  (The Money Game, WSJ) “Want to know where the S&P 500 (SPY) is headed? The corporate bond market likely holds [...]

• Thursday links: financial fans
  abnormalreturns, August 13th, 2009 at 12:30 pm, Comments: 0

  John Paulson hearts Bank of America (BAC).  (market folly, Bespoke, 24/7 Wall St., FT Alphaville) More evidence short covering has helped drive the market run.  [...]

• Wednesday links: short squeezed
  abnormalreturns, August 12th, 2009 at 12:04 pm, Comments: 0

  Is the short squeeze finally over?  (Bespoke, FT Alphaville, Market Talk, Crossing Wall Street) Doug Kass is now bearish.  (Big Picture, Clusterstock) Should we fear [...]