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Good Time to Lock in CD Rates
With it looking likely that the Fed is going to drop rates, now might be a good time to lock in decent returns with some moderate term CDs.
Read →Home Depot just bought back 290 million shares. There is no surprise here as this has been in the works for months. And, it has been widely viewed as a positive move by the company. Nonetheless, its share price dropped 5% as a result of two phenomena ââ¬â both very short term. Tomorrow, if not later today, HDââ¬â¢s price will recover and a quick 5% return can be made by even the most conservative investor.
Read →It's really hard to fathom how a CEO can be worth 364X that of an average worker at his or her company. I'm sure if 364 people got together they could make better decisions than 1 CEO
Read →I just got my new Dell laptop: the Inspiron 1520. I have only own Dell's for a while, but haven't been this impressed with one in more than 10 years.
Read →Imagine paying over $46,000 a year for a college education at Duke University (and many other private universities for that matter)and paying for pathetic professors who shouldn't be in kindergarten much less universities. All universities in America are badly managed and poor investments. The people who teach are almost always way to the left and they are "adults" who have never left school -- not terrific role models. But every once in a while, how bad they really are hits you in the face.
Read →It's easy to knock Jim Cramer but maybe some of the advice he gives is actually okay. His resume is more impressive than 99% of the brokers and analysts on the street.
Read →Akamai's stock has risen fallen, and risen again like an ocean wave. The Internet continues to grow and yet Akamai's stock has tumbled recently. I think it's long term prospects are pretty good.
Read →There were two big movers on wall street today in the biotech world. AGIX- up 33% and PDLI down 20%. Here is my take on both.
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Housing and Mortgage Data Doesn't Fit Media's Picture of Doom and Gloom
Take a look at the data below and tell me if all of the sub-prime talk really makes sense. I suspect that savvy investors are seeing through the hype and are already taking positions to profit from this scare.
Read →In the midst of all the turmoil in the mortgage sector -- and all the layoffs -- IndyMac is turning up-stream. While the company laid off some 400 people (about 4% of its workforce) last month, it has turned around entirely at the most surprising time and has hired some 600 people laid off by other mortgage lenders. This is a bold move and suggests that at least one company in the sector is taking a bet on growth and a lessening of the credit crunch. It suggest, moreover, that they are expecting the Fed to drop rates soon, perhaps even sooner than the next meeting.
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