2010 Archive: Diamonds and Dogs

December 11, 2010

Bowl Fever It’s that time of year again with the annual tradition of college football bowl games. This year there are 35 bowl games, including the inaugural Pinstripe Bowl in NYC. 35 bowls equates into 70 lucky teams that get to play for a championship. With... Read More

December 1, 2010

With Winter Weather Comes a Freeze The White House proposed putting a freeze on federal civilian employee wages this week in the first post-election act of partisan politics. Although a freeze is a step in the right direction, it will barely make a dent in the cost of government. ... Read More

November 21, 2010

US Government Gets Paid Back This week the big news was the IPO of the “new” GM which became the largest IPO in history as it was priced after the close on the 17th. “Old” GM shareholders and bondholders can be allowed to be disgusted by this turn... Read More

November 11, 2010

In 1966, the government estimated the cost of Medicare would be roughly $12 billion in 1990. The actually cost in 1990 came in way over $100 billion and in 2002 the expenditures from the US government was $256 billion dollars. When the government makes long-term predictions about the cost... Read More

October 29, 2010

Today is the Day to Put Some Hay in the Barn Based on our previous experience of this year, the pattern for November could be down. Over the past three quarters, the earnings reporting months January, April, July, and October have been outstanding for stock investors. With comparisons still... Read More

October 28, 2010

Oh, What Tangled Webs We Weave Politics is certainly not for the faint of heart, or for the morally strong. A high profile Wall Streeter recently accepted a multi-year ban from the securities industry for an alleged kick-back scheme involving the New York State Common Retirement Fund. This is... Read More

October 21, 2010

Cruel and Unusual Punishment Believe it or not, the French continue to riot in the streets, shutting off refineries (closing 50% of the gasoline supply), and various forms of destruction because the government has the audacity to lengthen the pension benefit age from 60 to 62 years old. As reported... Read More

October 20, 2010

Stocks Rally with the Falling Dollar The US dollar, whether it rises on the news of a Chinese interest rate hike (Tuesday), or whether it falls on the news of more Quantum Easing is the puppet master to the stock indices these days. Today we rallied back almost what we... Read More

October 15, 2010

I Will Gladly Pay You Tuesday for a Hamburger Today The key number this week has been 4.4 million. Forget about stellar numbers from both Google and Intel. Don’t worry about all the earnings reports that peak during the next two weeks, the number this week is 4.4 million... Read More

October 5, 2010

Third Quarter Results Prove to be Stellar The third quarter of 2010 was outstanding for stock investors as the Dow was able to gain 10.4% as investors picked up bargains after a second quarter that fell by almost the same amount. In fact for the last two quarters, the Dow... Read More

September 30, 2010

The Good Old Days Back in 2005, thanks to the American Jobs Creation Act, US companies were able to bring back foreign subsidiary earnings and be taxed at 5.25%, a far cry from the traditional 35% tax that bringing home the money would cost them. Imagine that, instead of taxing... Read More

September 9, 2010

So which is it? Yesterday the lead article in the journal addressed the up-coming rate increases in health insurance premiums as a direct result of Obamacare. Later that afternoon, before a crowd of admirers in Parma, Ohio, President spoke of the need to pass Obamacare in order to keep premiums... Read More

September 5, 2010

September starts off with a bang. As we enjoy the Labor Day weekend and with labor the main concern of business leaders and politicians as they sit on the beach, stocks have been strong so far. Friday saw the fourth consecutive day of gains for the Dow, which... Read More

September 4, 2010

A Big “W” For “W” This week marked the presumed end of military operations in Iraq. For sure, there will still be over 50,000 of our courageous soldiers still stationed there as they transition to a new order but with much fanfare and deserving gratitude to the military, the seven... Read More

July 21, 2010

Diamond Halliburton Company, HAL Halliburton shares increased close to 4 percent on Tuesday after analysts’ revaluation and they upgraded their stock and its price target. Analysts stated that HAL’s leverage in North America, as well as their diverse international portfolio will lead to solid growth in earnings and strong returns... Read More

July 21, 2010

July 20, 2010 Diamond Harley-Davidson Inc, HOG It’s a nice day to take your hog out for a ride, especially if it’s a Harley. After struggling financial services Harley-Davidson jumped 13.6%. This Milwaukee based motorcycle maker made this jump after unexpected strong accelerated second earnings. The rebound... Read More

July 19, 2010

Diamond The Charles Schwab Corporation, SCHW In the bearish market that sent us into the weekend it was interesting to see The Charles Schwab Corp emerge as not only a stock in positive territory but also become the largest gainer at the end of trading on Friday. Schwab... Read More

July 15, 2010

Diamond NBTY Inc Common Stock, NTY Stocks looked good for NTY early in trading. Shares were up to $53.92, an increase of 43.9% or $16.45. However, the growth was not natural. The nutritional supplement company was recently bought out by a private equity firm,... Read More

July 13, 2010

Diamond Playboy Enterprises, Inc PLA This media and lifestyle company has surfaced as the diamond of the day. The well known company was up $1.63 to $5.57, an increase of 41.37%. Hugh Hefner, the company’s chief creative officer, has decided to send the company private by buying back... Read More

July 13, 2010

Diamond Vivus, Inc. (VVUS) Vivus’ shares have been one of the most active NASDAQ-traded stocked today. Their stock had jumped after a briefing was sent to the Food and Drug Administration that stated that according to researchers their diet-drug is an effective weight-loss agent. Vivus’ new weight-loss pill, Qnexa,... Read More

July 9, 2010

Diamond Google, GOOG Google shares were up early in the trading day as a licensing agreement with China was finally made. The problem stemmed from Google no longer willing to obey China’s self censorship rules due to the government putting new limits on free speech and Google suspecting... Read More

July 8, 2010

Dog Gap Inc, GPS Retailing company Gap Inc has fallen $1.50 to 18.22 on the day due to flat comparable store sales in June. Their competition has been seen as better managed teams and thought to have better products than the Gap clothing company. The only way... Read More

July 2, 2010

Diamond Verizon Wireless, VZ With some of the news about the Apple’s Iphone 4 simmering down, Verizon has emerged as a diamond stock. Verizon has been one of the few stocks showing positive results on the day with shares up $.5 or 1.9% to 26.78. The talks about the Iphone... Read More

June 30, 2010

Diamond Argon ST, STST The diamond of the day goes to Argon ST who shares jumped 40.24% to $34.26, up $9.83. This substantial increase in share prices comes after Boeing bought out the company for $775 million in cash. The purchase is said to be completed by the end... Read More

June 24, 2010

Diamond Hasbro INC, HAS Hasbro, the world’s number 2 toy maker, has had a good day in a slower market. Hasbro takes part in the design, manufacturing, and marketing of toys and games. It was reported that the Providence Equity Partners have been in contact... Read More

June 21, 2010

Diamond Visa, V Visa has seen an increase in the market since the regulation of the credit card swipe fees and debit card transactions. The proposal to ban the regulation of fees that card networks and even banks charge to debit card consumers was recently passed. The new... Read More

June 17, 2010

Diamond J M Smucker Company, SJM Earnings came in for the fiscal fourth quarter and for J M Smucker there was good news to spread. Smucker surpassed Wall Streets expectations by posting a profit of $120.6 million, or $1.01 a share which is up from .80 cents a... Read More

June 16, 2010

Diamond Priceline.com Incorporated , PCLN Priceline Incorporated is an online travel company that provides multiple travel services right from Priceline.com. It is today’s diamond in the rough trading at $198.12, 12.35% or $6.64 higher. The share rose today after Goldman Sachs upgraded the stock to a buy.... Read More

June 15, 2010

Diamond RIMM Research in Motion Limited has emerged as the Diamond of the day in what appears to be a healthy market. This company designs, manufactures, and markets wireless solutions for mobile products like Blackberrys and smartphones. Despite the recent introduction of the iphone4 and ipad to the... Read More

June 14, 2010

Dog BP It comes as no surprise the Dog “award” goes handedly to BP. The significant ongoing oil spill has the company screaming S.O.S. Despite the increasing barrels of oil that is able to be captured a day, 15,000 with 10,000 more barrels a day expected to be... Read More

May 19, 2010

Dow Goes Negative for the Year We are 4 months into 2010 and we are watching the early gains disappear into the night as the Dow is now negative for the year intra-day. With 9 out of the last 12 session’s negative, the bears are winning the recent battles.... Read More

May 8, 2010

Dark Pools High frequency trading and dark pools have been dominating the exchanges for several years now and the machine finally took over the humans as the market collapsed at the hand of computers yesterday. With at least 75% of the trades now done through algorithmic, computer generated trading... Read More

April 29, 2010

The Dollar Mirage If you watch too much CNBC, not only is there a chance of your mind going soft, but you may also get mixed signals, a surprising amount of the time. For the past two years, a popular (and crowded) trade has been to be short the... Read More

April 18, 2010

Stocks continue to show strength, even with Friday’s mild set back due to SEC charges that Goldman defrauded investors. For the year, stocks are strongly in the positive column, amidst a very positive April so far. As for Goldman, it should not surprise anyone that the span... Read More

March 26, 2010

The week ended on a muted note, what with the historic Obamacare approval on Sunday night to kick things off. Stocks gave up early gains on Friday as it was the second straight day of lackluster follow-through by the Bulls. The Dow is now at 10,850, Nasdaq at... Read More

March 19, 2010

The Dow is looking to be positive for the ninth day in a row, a record not seen since 1997. This stealth bull market run has not been accompanied by any volume to speak of, which has caused some concern amongst market players. Some are blaming the low... Read More

March 16, 2010

Four more banks were shuttered by the FDIC over the weekend as the body count for failed banks has now hit 30 this year so far. Strategists are expecting the rate of failure to climb and we are currently pacing ahead of 2009. Much of the economic... Read More

March 11, 2010

Forbes magazine recently released their list of the richest people in the world. For the first time ever, a person from a developing nation, Mexico, is now considered the richest in the world as Carlos Slim hurdled over Billy Gates and Warren Buffet to gain the top crown. ... Read More

March 1, 2010

I AM SO SORRY First it was Tiger Woods, “I am so sorry” as he looked into the camera, apologizing for previous transgressions to a hand-picked crowd of friends. It seems to me that Tiger needs to deal with his demons privately and the circus that was his public... Read More

February 8, 2010

Pointing to his timeless wisdom, our founding father Ben Franklin remarked in his autobiography that “&when you run in debt: you give to another power over your liberty.” As the national leaders push us to borrow and borrow more and more, we risk the loss of our financial freedom.... Read More

January 28, 2010

Four More Years “Helicopter” Ben Bernanke was confirmed as the Fed Chief for a second term today in the closest, albeit political, vote ever for the post. I don’t believe market players ever doubted that Ben would not be chosen for a second four years, believing that the “No” votes... Read More

January 25, 2010

Henry David Thoreau once remarked “That government is best which governs least.” Once again, the US government took an active role in the markets this week, with very disappointing results. On the heels of a democratic defeat in Massachusetts, which basically defeated the president’s hope for business unfriendly... Read More

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.