Archive for November, 2011

Jimmy Cayne’s Skillful Leadership of Bear Stearns

Here is today’s blast from the past: Exactly 5 years ago, in the November 2006 edition of Institutional Investor called Dealer’s Choice:


Hat tip trader Craig Poschmann

Category: Bailouts, Corporate Management, Financial Press

10 Tuesday AM Reads

You can either stare at the red on your screens, or you can read these: • A Month to Remember for Markets (WSJ) but a week to forget so far! • Markets Slide After Surprise Referendum Is Set by Greece (NYT) • Hong Kong Home Prices May Fall 45%: Barclays (Bloomberg) • One Analyst Is…Read More

Category: Financial Press

Perspectives on the Crisis in Europe

Perspectives on the Crisis in Europe John Mauldin October 31, 2011 ~~~ This week’s Outside the Box will be unusual. Rather than one essay, I give you a number of short ones, and links that are representative of the confusion that is Europe, along with a little history. As I noted this weekend, last week’s…Read More

Category: Think Tank

Are you out of your f*%ing mind!

Are you out of your f*%ing mind is what Papandreou has to be asked by Merkel and Sarkozy. The decision by Greek PM Papandreou to hold a referendum on the European plan to Save Greece is basically a call to the Greeks of whether they want in or out of the euro more than a…Read More

Category: MacroNotes

Look Out Below, November Edition

> Hey, 2 days in a row:  Futures are showing 24 points down on S&P, 154 points off on the Dow. Yesterday, futures were down only 100 to start the day, and we ended up getting shellacked for a 2- 2.5% drop. Today’s early morning negativity is in response to more sturm und drang in…Read More

Category: Investing, Markets

Arrested Development: The Complete Series ($29)

> Its only November 1, and its already time to start your holiday shopping. My first gift this year is Arrested Development: The Complete Series (Seasons 1-3 Bundle). Its 8 discs of comedy goodness, normally $90, at Amazon one day sale for $29. The show is very clever, self-referential hilarity. The writing is outstanding, and…Read More

Category: Humor, Television, Weekend

Bill Gates: On Taxes, Gov’t Aid, Steve Jobs


Bill Gates: Aid ‘Makes a Huge Difference’
Microsoft Chairman on continuing foreign aid and reflections on Steve Jobs.
ABC, 10/30/2011

Category: Taxes and Policy, Technology, Video

S&P 500 Technical Snapshot

As seen in the chart above the S&P 500 is stalling and reversing off a resistance zone in the 1,298 to the 1,293 level (red lines). This follows the recent breakout and base completion above the 1,257 level (upper green dotted line). That said we would expect to see the S&P 500 hold pullbacks toward…Read More

Category: Markets, Technical Analysis, Think Tank, Trading