More than halfway thru earnings season- insiders maintain boycott
Posted on 27. Apr, 2013 by Harvey Sax.
We’re more than halfway through earning’s season and still insiders largely maintain their boycott of buying. Insiders continue to unload their company’s stock on the public even as stock prices march higher. I was hoping that earnings season would come and go leaving the playing field open for buying to pick up. It hasn’t. If [...]
Continue Reading
Twitter hack crashes S&P 500
Posted on 23. Apr, 2013 by Harvey Sax.
The S&P futures market lost 15 points in seconds and then regained it. Obviously a fat finger or computer glitch. Nope, it was the hacked Twitter AP account reporting on a false attack on the White House and the injury of the President. The machines are taking over. More volatility. Recommend on Facebook [...]
Continue Reading
Three high yielders we like- all with insider buying
Posted on 22. Apr, 2013 by Harvey Sax.
KKR FINANCIAL HOLDINGS LLC (NYSE: KFN) is a New York Stock Exchange-listed specialty finance company with expertise in a range of asset classes. KFN’s core business strategy is to leverage the proprietary resources of its manager with the objective of generating both current income and capital appreciation. KFN is externally managed by KKR Financial Advisors LLC, a [...]
Continue Reading
Earnings Season Beat Rate Is Low – Business Insider
Posted on 22. Apr, 2013 by Harvey Sax.
CHART OF THE DAY: Earnings Season Is Off To An Ugly Start Through Friday, 104 companies (33% of the market cap) of the S&P 500 have announced there Q1 2013 financial results. While it’s still very early into the earnings announcement season, the early tally is not very encouraging. The analysts at Goldman Sachs have [...]
Continue Reading
Park Record Article on the Fund
Posted on 22. Apr, 2013 by Harvey Sax.
The Park Record ran an article 4-20-2013 titled “Local hedge fund offers investment workshops”. Here is a pdf version of this article. Please note that the next dates for our workshops in Park City and Salt Lake are now posted at workshops.saxangle.com. There was one glaring inaccuracy in the otherwise well searched article. We were [...]
Continue Reading
Demand for Oil Could Peak Well Before Production Does – Barrons.com
Posted on 15. Apr, 2013 by Harvey Sax.
Oil Could Face “Peak” DemandBy DAN STRUMPF The theory, popularized in the past decade, said global crude-oil production would eventually reach its zenith and oil prices would have only one way to go: up.So much for that idea. Oil production continues to climb, and the latest theory is that oil demand could peak first. The [...]
Continue Reading
What’s the Best Path – Barrons.com
Posted on 15. Apr, 2013 by Harvey Sax.
Real-estate stocks have skyrocketed in the last year. Here are other ways to participate in the new property boom. The housing crisis that wiped out trillions of dollars of personal wealth and shook investor confidence is finally over. Home prices jumped 10.2% in February compared with a year earlier, the biggest rise in nearly [...]
Continue Reading
Apple and Facebook Flash Forward to Computer Memory of the Future | Wired Enterprise | Wired.com
Posted on 01. Apr, 2013 by Harvey Sax.
This recent story from Wired is all about a company based in Salt Lake, City called Fusion IO (FIO). I won’t pretend to understand the technology but I know it was one of the hottest tech stocks around until it lost nearly 50% of its market cap since last October. Even now it trades at [...]
Continue Reading
The week ahead April 1st 2013*
Posted on 31. Mar, 2013 by Harvey Sax.
There will be much talk about how the market (S&P 500)closed at an all time high on last Friday. That’s yesterday’s news. Let’s take a look at the week ahead. April 1: The market has had an great run. Let’s hope April Fools Day doesn’t extend to the investing public. This interesting tidbit from my [...]
Continue Reading
S&P 500 and sector performance 1st QTD 2013
Posted on 31. Mar, 2013 by Harvey Sax.
You might ask yourself why bother to post this but it’s my observation that unless you pay money (subscribe) to S&P, this is the only time you can actually retrieve this information in such a convenient format. Recommend on Facebook Share on Linkedin share via Reddit Share with Stumblers Tweet about it Print for later [...]
Continue Reading
S&P 500 closes at a new all time high
Posted on 29. Mar, 2013 by Harvey Sax.
I thought these facts and charts were interesting. Although the market is at an all time high, the S&P 500 is still far below it’s high in real terms. If gold is an indicator of real purchasing power, what’s the S&P like in terms of gold? More telling though is the misery [...]
Continue Reading
Investors Pile Into Housing, This Time as Landlords – WSJ.com
Posted on 25. Mar, 2013 by Harvey Sax.
Is this a good investment? If you rent out a home for $2600 per month, how much should you pay for it? Well that depends on what kind of return you want on your money. As a rule of thumb you can only net 10 months out of 12, the remaining two easily gobbled up [...]
Continue Reading
Biggest week of IPOs this year- always spells caution
Posted on 19. Mar, 2013 by Harvey Sax.
Often short term market tops are coincident with big weeks in the issuance of IPOs. This week marks the biggest week of the year. Caution ahead. Recommend on Facebook Share on Linkedin share via Reddit Share with Stumblers Tweet about it Print for later Tell a friend
Continue Reading
Twitter Feed
top 100 blogs
