Category Archives: Economics

A Fox Business Channel “Expert”

I shit you not – they brought in an astrologer to predict the FED’s rate cut. Keep in mind that Rupert Murdoch’s tendency to dumb down everything within his domain, is about to be applied to my beloved Wall Street … Continue reading

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Earth to Mitt

Romney during the debate: Every time I listen to someone like John Edwards get on TV and say there are two Americans, I just want to — I just want to throw something at the TV, because there are not … Continue reading

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Portfolio Update – It’s Time to Leave

Call it what you will…why sell at the end of a selloff? I’m out of reasons to doubt that a crash is not right around the corner. There’s much more I need to say, and most of that is below. … Continue reading

Posted in Economics | 3 Comments

The Income Gap

We’re nearing the latest Presidential campaign here in America, and on Control Congress especially, there seems to be a lot of anxiety over economic issues. I share in this anxiety, but my analysis of what plagues us is often very … Continue reading

Posted in Al Swearengen, Economics | 13 Comments

Fantasy Portfolio Update (+25% over 8 months)

Update:  PBR doubled that gain by the end of today’s session.  This raised my return over 8 months to 30%.  PBR is up 12.5% today, and my advice September 17th ‘Buy Gold‘ was good, as my gold ETF shares are … Continue reading

Posted in Economics | 1 Comment

Wind Farm

1. National Review (pro-GOP publication) – Immigration, Proving Not a Silver Bullet For the GOP – “Not a great Election Day for Republicans yesterday. We can argue about how big illegal immigration will play in next year’s elections nationwide, but … Continue reading

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Buy Gold – Junk Bonds

FED set to cut rates on Tuesday – The dollar is already going in the wrong direction, and a .25 or .50 rate cut this week will lower its value even more. I sold one of my three US securities … Continue reading

Posted in Al Swearengen, Economics | 1 Comment

Portfolio Update

Interesting times, of which I’ve got plenty of opinions, but actions speak louder than words, and so I sold all of my position in Brookfield Asset Management (BAM) and shifted all of that into gold (IAU).  My five stocks fared … Continue reading

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Portfolio Update (5 Months, +8.67%)

It’s been a good month. PBR (PetroBrazil) and CNQ (CanadaNatlResources) are my two most solid picks, having generated over 100K since February, and surging to this day. I got out of ACI (coal) and cut my position in BAM (BrookfieldAssetMgmt) … Continue reading

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RMD – ResMed Inc.

This company manufacturers and sells a medical device known as the CPAP. Consisting of a motor, tube and mask, the CPAP pumps a steady continuous flow of air through the mask and into the nose of a person while they … Continue reading

Posted in Al Swearengen, Economics | 1 Comment

Banking

I haven’t written about anything market-related in a couple weeks. This is mainly due to other demands on my time, but my reading regime hasn’t waned, so the ideas I have are plentiful. One thing that’s on my mind is … Continue reading

Posted in Al Swearengen, Economics | 1 Comment

Documentary on Ralph Nader

An Unreasonable Man: http://video.google.com/videoplay?docid=-585557877361499022&hl=en

Posted in Economics, History, Politics, Video | Comments Off on Documentary on Ralph Nader

Portfolios A & B (consolidation)

I’m not sure if everyone can see the content of these links, but I’m posting them just in case: Portfolio A Portfolio B Porfolio B – transaction log (on Yahoo, when you sell all of your holdings in a stock, … Continue reading

Posted in Economics | 20 Comments

Why Gas Prices Are High

The scheme is very simple. Oil companies are allowed to consolidate ownership of most US refineries over a number of years, and then collude to ensure no more are built. Once this dynamic is in play, and a friendly government … Continue reading

Posted in Economics, Video | 15 Comments

Portfolio B (5/17/07)

Consolidating down to 11 stocks, I’ve recently gone in on STEM and added to my number of CNQ shares, while liquidating 6 stocks for $179K in cash. I’m looking closely at South Korean ADRs right now, and hope to allocate … Continue reading

Posted in Economics | 2 Comments

CNQ-BAM-PRU-ADBE-PBR

The following 5 stocks now constitute about 50% of my entire Portfolio B holdings. With all five of these, I’m in it for the long haul. For readers who tend to skip over my Professor Frink posts, but are investing … Continue reading

Posted in Al Swearengen, Economics | 6 Comments

Portfolios A & B

A – (70K start), the last 4 months (+10.17%) have outpaced the average for that same time period (+7%), which indicates an improvement over time. After 20 months the overall percentage gain has been 45.03%. I’m staying put with all … Continue reading

Posted in Economics | 6 Comments

Portfolio Updates – A & B

The correction from last month, along with a significant drop in the value of NTES, has led to some stress with these two, but resisting the urge to overplay and reading up on what’s happening over the past few weeks … Continue reading

Posted in Economics | 10 Comments

Portfolio B – Transaction Log

Update: NTES is really the stock I’ve liked most for a long time, and it is part of my holdings in both portfolios. I increased my stake in it today and it currently accounts for about 15% of the entire … Continue reading

Posted in Economics | 1 Comment

Portfolio B – $1.0M

The urge to inject new ideas using the portfolio I’ve posted on for about a year and a half goes against my desire to remain true to the game, so what I decided to do is start a new one … Continue reading

Posted in Economics | 1 Comment

Sell Altria (MO) – Buy Google (GOOG)

Decision time in the fantasy portfolio got a lot easier today as shares of Google fell to 480 at this very moment (11:48 AM). The cash I already had on hand was $2,492.00 and added to the proceeds from the … Continue reading

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Portfolio A – Buys/Sells

The 16 month return was 34.86%, and at this point I decided to take profits in a few areas and reallocate funds. Trades are all considered to have been carried out based on the open price of today’s market: ———SOLD——— … Continue reading

Posted in Economics | 12 Comments

16 Months Later – Portfolio A

The mock portfolio I posted in August of 2005 listed exactally what I’d have done with 70K if I’d had it at the time. Click HERE for the original post. The breakdown follows with the 8/30/05 price and value alongside … Continue reading

Posted in Economics | 4 Comments

Exxon Loves You

Since it’s 70 degrees in January up here in New England, I figured we could all enjoy learning about the fine work being done on our behalf by ExxonMobil (h/t Crooks and Liars) to calm everyone down, and help us … Continue reading

Posted in Economics | 8 Comments

Robert Nardelli – Home Depot

The CEO of Home Depot has been vanquished, but not before he makes off with over $200 million in severance. A weekly occurance it seems now, with pigs stepping down after losing billions in shareholder value, stuffing dinner rolls into … Continue reading

Posted in Economics | 6 Comments

Bush’s Gift to CEOs

Stories collide on a Wednesday, with the SEC changing a rule made in July that would have allowed stockholders to know exactally how much compensation their executives were receiving in the form of stock options. On a Friday, with no … Continue reading

Posted in Economics | 1 Comment

Market Report

Due to legislation lurking in Congress containing the words “a wall between…”, Ladder Futures closed on Friday 67 percent higher than where they opened on Monday.  A spokesperson for the Chicago Mercantile Exchange was quoted saying, “the impact on prices that we’re seeing already is … Continue reading

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Don’t Think of a Stock Price

To many (if not most) Americans, the United States economy is an enigma. With the exception of gas prices, nary an economic story retains traction for more than a few days. A good example of this was the ironic release … Continue reading

Posted in Economics, Words | 7 Comments

Google Breaks 420 Today

Many smart people in California are lighting up with Benjamins today. Knowing the IPO was less than a year and a half ago and it opened at 80, who else out there is hard at work trying to build a … Continue reading

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Check It

1. Meditate on This: Buddhist Tradition Thickens Parts of the Brain 2. N.J. Biologist Studies Ice-Hardy Worms 3. Caution over HIV ‘cure’ claims 4. Time’s 5 best governors in America 5. A divided Dover, Pa., votes out all 8 members … Continue reading

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