SJC

Zales vs. Peers: Possible Difficulties Ahead

Excess non performing inventory was sold through secondary channels, not through their main customers

UltraShort Real Estate ETF: The Only Safe Haven for Commercial REITs

Well I believe there are oversupply issues, that the market has not confronted yet. Look at the graphs, who is building? At what prices will they sell? www.costar.com/News/Ar...


And well earnings games can be hard to interpret, depreciation has to be considered at some point. Perhaps a comprimise between GAAP and FFO's ( around 14-15), for these reits needs to be reached.


www.costar.com/News/Ar...

ProShares Ultra and UltraShort Sector ETFs: Does 2 = 2?

Nice article. Interesting take on ETF and the short side insurance uses. Its hard to draw specific conclusions though since the opposite funds have huge differences in market cap and the qualities of swaps they may hold. Very rarely are you going to have the exact perfect swap between a long a short position on these ETF's. In regard to insurance popularity, you saw this during the Bear Stearns collapse, volume interest in ultra short financial SKF, was became the most actively traded instrument for a brief period of time.

Is $3.25 Gas Helping Harley Davidson?

Well he did disclose his long position... HOG is a boomer brand, and these people are getting older and older, and soon will not be able to properly balance a 700 lb bike.

Among younger people? They ride dual sport bikes, dirt bikes, and Japanese racing bikes, which push the limit of aerodynamics and engine technology. Harley is going backwards, and are just banking on traditional engine designs and styling. (We all know how well that worked for the BIG 3, muscle car resurgence, i.e 2004 Pontiac GTO ) They are desperate, they've just become a cheesy marketing company. Harley rally? Hardly.