Fallen Star
Polaris Industries is one of those stocks I mentioned so often as a short idea, I stopped doing so, just to avoid being overly repetitious. At long last, it’s finally rocking and rolling.
Monthly Archives: October 2015
EC Closed-End
The third-quarter market correction came like a kick to the teeth. But if you blinked, you might have missed it. From August 17 to August 25 – a span of a little less than a week – the S&P 500 dropped a quick 11%. But by the middle of October, the market had already recovered…
Bear Of The Day: Groupon (GRPN)
So you want to be a billionaire huh? Well of course you do, who wouldn’t? For some people the recipe sounded so simple. Come up with a great idea for a website, build it out, go public and party happily ever after. But the very reason you wound up becoming so successful in such a…
What Keeps Founders Up At Night
Something I ask most startup founders is… What keeps you up at night? One of the more common responses: running out of money. I get it. Even with Silicon Valley pouring more capital than ever into startups, most founders still find it incredibly challenging to raise money. Nor are they sure how much longer the…
Stocks Slammed Into Red For Week As Biotechs Break Key Support
The “moar easing” hope-strewn panic-buying of the last few days is rapidly turning into regret as US equity markets tumble back into the red for the week. The biggest driver today appears to be pressure on the Healthcare sector driven by Biotechs collapse and break below a key uptrend… But moar easing… The plunge in stocks…
Toyota Issues Massive Recall Notice
Toyota Motor Corporation (TM) produces, sells, leases, and repairs passenger cars, trucks, buses, boats, airplanes and other products in Japan and most foreign countries. The Company is also involved in the businesses of real estate, civil engineering, insurance,etc. We have discussed a lot of good news for car manufacturers lately, lower gas prices, higher sales,…
Killing Off Community Banks — Intended Consequence Of Dodd-Frank?...
The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving. At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed…
Secular Trends In Residential Building Permits And Housing Starts
Yesterday we reported separately on the latest residential building permits and housing starts in the government’s monthly, courtesy of the Census Bureau and the Department of Housing and Urban Development. Despite the fact that both are monthly SAAR series (seasonally adjusted annualized rate), they are exceptionally volatile and subject to extensive revisions. Thus it is unwise to assign much…
Here Are Three Observations On Housing That Show There’s No Way O...
The Fed has created permanent housing crisis from which there is no escape. Total US housing starts peaked in 1972. This chart shows actual (not seasonally manipulated) total starts, multifamily starts, and single family starts for each September since then. Click here to view chart if reading in email. I have 3 observations. The recovery…
Here Are Three Observations On Housing That Show There’s No Way O...
The Fed has created permanent housing crisis from which there is no escape. Total US housing starts peaked in 1972. This chart shows actual (not seasonally manipulated) total starts, multifamily starts, and single family starts for each September since then. Click here to view chart if reading in email. I have 3 observations. The recovery…