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bbro

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  • The Balance Sheet Recession Lives [View article]
    Maria....what a blowhard....
    Oct 22, 2010. 06:46 AM | 2 Likes Like |Link to Comment
  • Doom-and-gloomers, take note: Of the 139 S&P 500 companies reporting results so far, 83% posted earnings that topped forecasts - better than the typical 62%. It's not just cost-cutting either: Revenue growth is "across the board" and running about 7% ahead of a year ago.  [View news story]
    i know some people that would gladly take his or her position....
    Oct 22, 2010. 06:38 AM | 2 Likes Like |Link to Comment
  • Earnings: A Story of Two Economies [View article]
    TTM GAAP earnings per share last quarter was 7.2% of TTM revenue
    per share.....this expansion will continue to possibly 8% as we get
    farther away from the outsized losses in late 2008 and early 2009
    Oct 22, 2010. 05:30 AM | Likes Like |Link to Comment
  • Doom-and-gloomers, take note: Of the 139 S&P 500 companies reporting results so far, 83% posted earnings that topped forecasts - better than the typical 62%. It's not just cost-cutting either: Revenue growth is "across the board" and running about 7% ahead of a year ago.  [View news story]
    Do some homework...look at Moody's Baa yield and S&P 500
    earnings yield ten years ago and look at it today,,,,I could provide the numbers but some of you kids need to do your own homework...
    Oct 22, 2010. 04:57 AM | 3 Likes Like |Link to Comment
  • Recession Redux? [View article]
    If you throw out the yield curve...don't you need to throw out building permits too since they have fallen so much??
    Oct 21, 2010. 04:27 PM | 5 Likes Like |Link to Comment
  • Weakness in Bank of America (BAC -3.1%) is trying to tell us that the market is "frothy" and can't sustain a meaningful rally as long as banks are a ball-and-chain, Guy Adami says. For those who argue that BofA weakness is all about the put-backs, the stock was weak before the issue moved to the headlines.  [View news story]
    here is the problem....BAC makes 45 billion ayear in preprovision earnings...we have probably another 2 years of 20 to 25 billion a year
    in chargeoffs ( in a slow recovery environment) BUT the reps and
    warranty issue has added another cost which at the moment is
    openended...there is opportunity in this stock but it is right now
    not worth the risk,,,,,
    Oct 21, 2010. 03:02 PM | 2 Likes Like |Link to Comment
  • Stocks are beginning some stable climbing after giving back the day's gains in the past hour, with the S&P 500 now +0.2%. Still lagging from the sell-off: energy, where companies like Petrobras (PBR -2.6%), Occidental Petroleum (OXY -2.4%) and Petrohawk Energy (HK -3.6%) are weighing on the market. Crude is sinking, -2.3% to $80.63.  [View news story]
    12 month trailing GAAP earnings estimated to be 70.14 by the end
    of 3rdQ 2010.....Moody's Baa yield 5.73% or 17.45 P/E....
    17.45 times 70.14 = S&P 500 at 1224....
    Oct 21, 2010. 01:11 PM | Likes Like |Link to Comment
  • Putting Bank of America's Problem in Perspective [View article]
    BAC has an already estabished reserve of 4.4 billion for reps and warranties and is adding 500 million each quarter....

    phx.corporate-ir.net/E...

    Check page 23....
    Oct 21, 2010. 12:42 PM | 4 Likes Like |Link to Comment
  • I wish i could believe Weil but he writes too many stories to get
    the sensation....he still wants the glory days of his Enron reporting....
    Oct 21, 2010. 12:38 PM | Likes Like |Link to Comment
  • Roubini Popularity Index Sends Market Buy Signal [View article]
    Excellent...include David Rosenberg too
    Oct 21, 2010. 09:50 AM | 3 Likes Like |Link to Comment
  • On Bank of America's Potential Liability From Foreclosure-Gate [View article]
    BAC had a provision fpr reps and warranties currently at 4.4 billion....
    adding about 500 million a quarter....

    phx.corporate-ir.net/E...

    Check page 23...
    Oct 21, 2010. 08:10 AM | 1 Like Like |Link to Comment
  • Foreclosure Fraud Fallout [View article]
    oh brother....
    Oct 20, 2010. 04:36 PM | 7 Likes Like |Link to Comment
  • Institutional Investors Now Suing Bank of America for Put Backs on MBS [View article]
    All of this will comes down to settlements...this is a legal situation
    and too open ended for the moment....
    Oct 20, 2010. 06:07 AM | Likes Like |Link to Comment
  • Friday Bond Market Recap [View article]
    There has been a widening of spreads between Baa bonds and Treasuries....not a good sign...
    Oct 16, 2010. 05:39 AM | Likes Like |Link to Comment
  • Foreclosuregate: Time to Break Up the Too-Big-to-Fail Banks [View article]
    Great.... attorneys redesigning our financal system....and the unintended consequences will be???
    Oct 16, 2010. 05:24 AM | 1 Like Like |Link to Comment
COMMENTS STATS
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