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- Apple: Dead Last In Exploited Horse Race? [view article]
- Speed with Which Financials Have Fallen Is Disconcerting [view article]
- Writedowns and Capital Raised by Financial Firms [view article]
- Speculation, Swaps and the Price of Oil [view article]
- Time to Exempt Mortgage Securities from Mark-to-Market Rules [view article]
- Financials Down 6.1% - Like the Days of the Tech Bust? [view article]
- NAR's Lawrence Yun Continues to Mislead on Housing [view article]
- U.S. Bank Dividend Yields Revisited [view article]
- Financial Stocks in a 'Divergent Phugoid' [view article]
- Mohamed El-Erian: One of Wall Street's Sanest Voices [view article]
- Financials: Down, Down, Down [view article]
- How Models Caused the Credit Crisis [view article]
loading ...Recent IYF Articles
- Financial Recovery? Time to Wait and See
- Citigroup Posts Large Loss, but Outlook for Financials Improving
- Apple: Dead Last In Exploited Horse Race?
- All Is Well , Madame la Marquise
- Speed with Which Financials Have Fallen Is Disconcerting
- U.S. Bank Default Risk Rises; European Bank Default Risk Falls
- Time to Exempt Mortgage Securities from Mark-to-Market Rules
- Financials Down 6.1% - Like the Days of the Tech Bust?
- Finding the Bottom in Financials
- Financial Stocks in a 'Divergent Phugoid'
- Full List of Articles »
The Bursting of the Non-Bubble? [view article]
I had exactly the same thought when I read that wsj article... Replyknow
Writedowns and Capital Raised by Financial Firms [view article]
You’ve got to buy when everybody says "sell", and sell when the crowds say "buy". While watching the stock market and getting caught up in the dramatic rise in price and the buying frenzy, I asked my stock broker about Apple stock. He said it was a great buy so I bought 500 shares on 9/18/06 at $73.81 each or a total of $36,905. On May 14th 2007 my broker called and said the stock was up to $109.62, did I want to buy some more. NO way I said, too costly. Through Spring, Summer, and Fall of 2007 Apple stock was going through the roof; it was skyrocketing, it was Wall Street’s new favorite stock. I was really upset with myself because I felt like this express train to financial nirvana was leaving without me. I got caught-up in the herd mentality (sounds a little like the real estate market, doesn’t it?). On December 11th 2007 I frantically called my stock broker and told him to buy 1000 shares; I didn’t care what the price was, I wasn’t going to be left out of this market, these rising prices. The price was $194.75. In February and early March I was tired of the roller coaster ride and was ready to dump everything at about $120 a share; more herd mentality. I still own the stock, I like the company. Wells Fargo is a GREAT, well-run company that’s been around for 156 years. They have a well known and well respected brand name as well know world-wide as Coke and McDonalds. Sure, they are getting beat-up and will suffer additional losses due to the credit and real estate meltdown, but they will be left standing and strong, ready to gain market share from their competitors. I think Warren Buffet is its biggest investor and Wells Fargo & Co is his third most popular stock. I own some WFC stock and I’m not happy about its price reduction, but like Warren Buffet, I’m in for the long haul. When asked “When is the best time to sell a stock”, Warren Buffet answered “Never”. ReplyWritedowns and Capital Raised by Financial Firms [view article]
What conclusions did you draw from this? Comparing write downs to 'current' market cap only tells me that some stocks may well be 'beaten down' more than they should have, or is that some companies have taken more write downs and therefore are safer from further write downs?The facts as you have presented them are well known, and thanks for compiling them, but opining on their meaning would have added something to the bare recitation of facts you have presented for us to ponder on our own. Reply
Wendling
Writedowns and Capital Raised by Financial Firms [view article]
While this article tells you about the write downs of these firms they forget to highlight the most manipulative force behind the stocks declines and that is the specialist that runs it. For those individuals interested in my opinions as to where this issue will be moving in the short and long term go to the following site, bearfactsspecialistrep... and click on the stock reports section and read my opinions. It will cost you nothing except the amount of time it takes to read the report and any other information you find interesting on the site.Thank you
Richard Reply
Writedowns and Capital Raised by Financial Firms [view article]
well WFC is a huge crying buy, no wonder Warren Buffet likes it so much. Big safe dividend should we say , good management team if you believe Buffet = can t miss opportunity . If we don t take advantage of this fire sale we will regret it for the rest of our life. I expect a lot of blablabla like( falling knife ,more write off,not done going down etc...) ,sorry but in 3 years time you won t have any hair left on your head ReplyFinancials Buying Opportunity Close at Hand [view article]
As I believe Charlie Munger once said, technical analysis of this sort is an advanced form of dementia isolated to inhabitants of Wall Street Replyist
Everything Financial Rolls Over: Is a Bounce Likely? [view article]
mastercard has been pummeled 15% for no reason. check out mastercard blog at matrader.blogspot.com ReplyEverything Financial Rolls Over: Is a Bounce Likely? [view article]
I've never been much of a chart-follower, but it's food-for-thought. Thanks for providing. ReplyU.S. Bank Dividend Yields Revisited [view article]
winslow, obama? government? not that hillary or john are any better. looks like the choices were larry moe and curly, or the facist the socialist or the communist. the gov has done well with: our currency? socialist security? education? infrastructure? defense? healthcare?...... maybe if they were chained as intended by our constitution and concentrated on what tiny amounts of legal authority the fedaralis are allowed we would not be in this mess. please do not whine about an organic constitution. it was written in the simple plain language of the day for all to understand. ReplyEverything Financial Rolls Over: Is a Bounce Likely? [view article]
Totally misleading ReplyU.S. Bank Dividend Yields Revisited [view article]
i owned about 8500 shares of regions at the time of the amsouth buyout. luckily circumstances caused me to sell off 7000 shares to buy bhp,ngs,trma,silxf, and io. also to pay off a new home purchase. i sold the old home right after the first wave of housing trouble. i guess an angel was watching over my shoulder or lady luck was smiling. i wish i could say i had that much savvy but i was lucky. my remaining shares of regions are reinvesting. ReplyEverything Financial Rolls Over: Is a Bounce Likely? [view article]
I think this article was very informative. For a turnaround we need a long tail candlestick on a daily chart..ie a typical washout down day with a recovery to at least even or up. Go back in time we never hit bottom without such a candle formation. Whoops... never say never in the market. A bounce today is a posssibility but the bottom is not in yet. ReplyEverything Financial Rolls Over: Is a Bounce Likely? [view article]
Another seeking alpha misleading headline. ReplyU.S. Bank Dividend Yields Revisited [view article]
Anonymous writer said buy banks last November. And they still publish this drivel? ReplyU.S. Bank Dividend Yields Revisited [view article]
An excfllent article in the July + August MOTHER JONES Magazine entitled "this was no accident-Wwo wrecked the economy- and why they work for John McCainThe article basically puts the blame at Phil Gramm's feet. It says that some laws he helped get passed in 1999. It was" a historic banking billthat decimated Depression-era firewalls between commercial banks , investment banks, insurance companies,and securities firms-setting off a wave of merger mania.
In Dec. 2000, he helped to get a bill passed called theCommodity Futures Modernization Act. It was written with the help of financial industry lobbiests. For starters, the legislation contained a provision-lobbied for by Enron, a generous contributor to Gramm-that exempted energy trading from regulatory oversight. I believe it also opened the door for all those Credit Defaukt Swaps that ultimately helped everything get so out of controll.
We will feel the results of this deregulation for years into the future. I've tried to give a summary of the article, but I'm afraid I haven't done it justice. Please chekc out the article for greater detail. Reply