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ldiamond
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Chris Roberts New York City, United States Chris Roberts is a fee only financial advisor in the upper east side of Manhattan.
My company:
Ocelot Financial
My blog:
OcelotFinancial
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  • Greece Is Not An Emerging Market!

    www.marketwatch.com/story/greece-may-be-...

    MSCI is talking about reclassifying Greece as an emerging market.

    HUH? I'd be pretty insulted if I was an emerging markets investor. Great - now the emerging markets index will have exposure to Greece.

    Anybody interested in an Emerging Markets ex-Greece fund? There's a relative value trade!

    Jun 20 10:49 PM | Link | Comment!
  • Verizon Is Up 20% Last Two Months, Announces It's Raising Prices For Cell Phones And FIOS

    Added revenue from FIOS and cell phones (Verizon Wireless is half owned by Vodafone) should be a nice kicker on top.

    Another 20% up from here? Who knows, but it's great to see they have pricing power both in their FIOS business and their cellular business. Clearly they're doing something right!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: VZ, VOD, FIOS
    Jun 19 10:06 PM | Link | Comment!
  • Meredith Whitney Goes On Bloomberg To Tell The World What We Already Knew

    www.bloomberg.com/news/2012-06-19/jpmorg...

    Apparently the JPM trading loss wasn't hedging, it was profit-seeking trades that went badly.

    *Sarcasm alert* Wow - great analysis there coach! That was only a week after Jamie Dimon said much the same thing publicly.

    And duh - hedges don't cause a multi-billion dollar loss. Profit seeking trades do.

    I don't know what's more shocking - that she told us that the sky was blue, or that so many article were written about her telling us the sky was blue?

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 19 9:58 PM | Link | Comment!
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