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Ugh . . . .
Another lousy week for tech stocks. For the whole stock market, for that matter.
But technology stocks bore the brunt of it. Let's look at some of the bigger players.
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Company ...
Read More | Feb 15th, 2008
Keeping track of the economic news is getting nerve-racking - akin to watching a train wreck in slow motion.
In the past 24 hours we've seen . . .
- A Fortune magazine study showing that about 75% of Americans who think we're either already in a recession or are heading toward one (no surprise...
Read More | Jan 18th, 2008 | Comments: 1 | Last Comment: Jan 19th, 2008
Scary reading from the pages of Fortune magazine this week.
In the business weekly's November 19 edition, an article entitled "The End of the Tech Stock Party" goes down like a tofu turkey on Thanksgiving night.
Before I get into what Fortune has to say, it's pretty clear that technology stocks...
Read More | Nov 21st, 2007
I'm starting to think that technology stocks are at a breaking point. A few more sessions of significant losses and you have to wonder when tech stocks will be back in the black.
You can't really blame the bad news on anything tech companies are doing -- unfortunately, it's the "wrong place at the...
Read More | Nov 13th, 2007 | Comments: 1 | Last Comment: Nov 14th, 2007
Investors are in survival mode right now, just trying to hang on in a market that has given away much of this year's gains. Key culprits are the ongoing credit crisis, which has banks and lenders reeling under the weight of billion dollar losses (hello, Wachovia) and from a weak dollar, which...
Read More | Nov 11th, 2007
I'm not too big on recommending stocks to buy or sell, but I have no problem passing along some good stock tips from people who know what they're doing.
One of my favorite stock-picking services is Zacks (www.zacks.com). The company has a daily sheet called the Zacks Rank/Buy Stocks, that...
Read More | Nov 9th, 2007
Suppose you were on a non-stop flight from Los Angeles to Bombay and heard the following announcement: “Ladies and Gentlemen, this is your captain speaking. We’re now traveling west across the Pacific Ocean. In a few hours, you’ll be able to look down and see land. When that happens, we’re...
Read More | Oct 16th, 2007
Okay, Halloween is only two weeks away, so what better time to introduce five "weird" internet & media content stocks that might be more treat than trick.
The list is culled from the financial web site Barrellomoney.com. The site does warn that a few of the 'weird' selections might be high risk...
Read More | Oct 13th, 2007
Study after study shows that Americans just aren't saving enough for retirement. Part of the problem is that, as a nation, we have taken on so much debt that we're using our savings to pay it off. The other is that, through the miracles of modern medicine, we're going to live a lot longer and thus...
Read More | Oct 3rd, 2007
On Wall Street there are investors and there are speculators.
I'd like to spend this blog explaining the difference. Investors usually take the long view, bring risk calculation into the equation, spread their investments around different sectors to avoid getting hammered in one investment, and...
Read More | Oct 2nd, 2007
