You feel shame, you know. And then you get free

(Slapshot)

Tony Wang

Tony Wang
Location
San Diego, California, USA
Birthday
September 05
Company
www.buyandholdplus.com
Bio
Just a city boy...but definitely not born and raised in south Detroit

MY RECENT POSTS

The last thing traders needed today was worse than expected economic data.  Even good economic data may not have been enough to stem the tide of red ink that's flowing on Wall Street.  But then the government reported that initial jobless claims jumped by 25,000 to 471,000.  The Confer…

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If the Dow Jones Industrial Average was a baseball pitcher, it'd be sent down to the minor leagues with its recent performance.  For the ninth time in twelve sessions, the Dow, along with other indices, closed lower.  Once again, the story was concern over Europe.  Now that a default o…

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In Animal House, there's a scene where Bluto Blutarski blames the Germans for bombing Pearl Harbor.  He asks "was it over when the Germans bombed Pearl Harbor?"  Well, as we all know, the Germans didn't bomb Pearl Harbor.  But they may as well have bombed the stock market today. /…

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A typical Lowe's storefront in Santa Clara, Ca...

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That's the question that will be discussed over the next few days, as stocks shook off an early tumble caused by a much worse than expected Empire State Manufacturing Index number.  The index, which measures manufacturing activities in the New York area, plunged to 19.1… Read full post »
One of the reasons we put this blog together is to encourage people to move beyond a buy and hold strategy -- which is an effective one for most investors -- and to use techniques that can help boost their returns beyond that which can be obtained with a traditional buy…

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Two disasters in two months have highlighted the often unseen cost of our dependence on fossil fuelsThe news of the BP oil spill in the Gulf of Mexico pushed the news about the death of 29 coal miners at Massey Energy's Upper Big Branch mine.  That is until the government… Read full post »
SAP AG

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In the biggest acquisition that SAP has made in three years, a deal was struck to acquire Sybase for $5.8 billion.  That values Sybase at $65 a share, a 44 percent premium to the average price of Sybase's shares over the past three months.  The deal kicks the rival/…

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So Russell Investments has posed the question, how can the financial industry take risks without compromising individual investors' security.

The answer is that they can't.  Every single investment -- even ultra safe investments such as US treasuries -- has risks associated with it.  The on… Read full post »

Early this morning, the Mortgage Bankers Association released data on mortgage applications for the prior week.  Low interest rates caused the refinance index to jump by 14.8 percent during the week, but the expiration of the $8,000 tax credit for new home purchases caused the purchase index to/…

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MAY 11, 2010 12:08AM

What a Difference a Week Makes

One week ago, concerns over the possibility of sovereign debt defaults in Europe started a slide in the markets.  The week ended with the Dow and the S&P 500 falling by six percent and the Nasdaq dropping a stomach churning eight percent.

A new week brought a $1 trillion bailout plan by…

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That is the finding of an analysis by Graef Crystal, who examined the compensation of 271 CEOs in 2009," he said.

To come to that conclusion, Crystal used formulas he developed over the 30 years he spent advising companies like American Express and Coca-Cola on executive compensation.  Pretty muc…

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There's a song written by Johnny Mercer called "Accentuate the Positive."  It's been sung by famous singers like Bing Crosby and Louis Armstrong



The sentiment in that song was clearly not present on Wall Street this week.  Despite a blowout jobs report that showed 100,000 more jobs w…

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Logo of the United States Department of Labor

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That is the question that will be answered in the markets today.  The Labor Department's report on employment blew away the consensus estimate.  In the month of April, 290,000 jobs were added, and both the February and March figures were revised upwards.  In F/…

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One of the slowest segments of the economy to return to strength has been the jobs market.  We've seen three consecutive quarters of GDP growth.  All of the major indices are up by around two thirds since the lows seen in March 2009.  But jobs have been a laggard, with the…

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Editor’s Pick
MAY 5, 2010 2:04AM

Greek Debt Crisis Causes Stocks to Plunge

Parthenon from west

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Greece has been the origin of many things.  Science, for example, traces its origin to ancient Greece.  Greece is also known as the birthplace of democracy, and it's also the place where coins were first used for money.  It's also given us the Olympics. /…

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There's an old saying that's been passed down over the years.  It's "sell in May and go away."  That comes from the days where wealthy investors would sell their stocks in the month of May and go on vacation to their summer homes, where they weren't able to trade.  Obviously, those…

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First, it was Hewlett-Packard's acquisition of Palm for $1.2 billion.  On the heels of that comes the news that United and Continental have decided to head to the alter after flirting with each other for years.

The merger between United and Continental will create the largest airline by market sh…

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A slightly lower than expected GDP number (3.2 percent versus the consensus estimate of 3.3 percent) combined with bad news about sovereign debt in Greece, Portugal, and Spain and news that Goldman Sachs is being investigated for potential criminal activity to cause the markets to drop on Friday.&nbs…

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That's the question which will be answered. So far this week, stocks have shrugged off bad news about Greek debt and have continued to move higher.  Traders had reasons to increase their bids, as good economic news came out on the housing and jobs front.

This morning, we got the same kind…

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Arizona's governor recently signed a very controversial law that would allow police to challenge those who they felt might be in the United States illegally.  Those individuals would be required to demonstrate to the police that they are entitled to be in the United States.  While proponent/…

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APRIL 27, 2010 8:40PM

Regression to the Norm

Washington Capitals

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This is an important concept when it comes to investing.  For example, if the S&P 500 returns on average 10 percent per year, then that is what you should plan for.  Last year, we saw the index rocket to a 26.5 percent gain.  Those who plan on it continuin/…

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Pumpjack located south of Midland, TX

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We're going to enter a position in Permian Basin Royalty Trust right before the ex-dividend date, and we'll boost our income by selling covered calls against it.  PBT is an interesting investment vehicle.  It provides royalty income to its shareholders from oil and… Read full post »
In the fall of 2008, the economy of not just the United States, but the world as a whole stood on the brink.  Emergency measures were put in place by the Bush administration, and much coordination took place between the officials in that administration and the Obama administration.  For onc…

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Image representing HTC as depicted in CrunchBase

Image via CrunchBase

Investors are always looking for companies that have an edge on their competition.  One way that companies gain and keep an edge is through innovation.  This can be through technology, service, training, or a host of other factors.

Businessweek recently released it/…

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APRIL 23, 2010 2:19AM

Dumping a Loser to Buy a Winner

One way to look at investing is to look at it like you would a garden.  You plant your seeds, and every now and then, you've got to tear up the plants that aren't growing like you want.  And sometimes, weeds work their way into the garden.  These need to be…

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