Handicapping Earnings Season with the Notorious B.I.G.

I’m a huge fan of the guys over at Bespoke Investment Group, AKA B.I.G. Above is a chart showing the companies with the biggest upward revisions in earnings per share estimates over the last month.  This info is exceedingly helpful if you’re looking for trading candidates going into this searnings season.  They also have a graph…

When Its Time To Raise Rates, Will Bernanke Have The Stones?

An article in Bloomberg raises some very interesting questions and I though I’d open up the discussion on these three: 1.  Since Bernanke has clearly chosen Keynes over Friedman, pumping in liquidity with the belief that inflation will be held in check, will this “end in tears” as Fed historian Dr. Allan Meltzer believes? 2. …

Market Recap: Bank Shorts Were Lunch Meat Today

[youtube=http://www.youtube.com/watch?v=mGMT99i00M4] The Reformed Broker, AKA Jackie Treehorn, here with today’s Market Recap… Plenty of traders put on bank stock shorts on the heels of last week’s positive pre-announcement from Wells Fargo (WFC).  They didn’t like how the numbers were put together or thought the move was too much or both. Their money was confiscated today as…

Fun With Analogies: Spring 2009

First let’s practice: Meow is to ___ as woof is to ___.  The answer? Meow is to cat as woof is to dog. OK, are you ready to continue?  Great! ______________________________________________________________ Maxine Waters is to Finance as Lindsay Lohan is to Sobriety Charlie Gasparino is to CNBC as Dr House is to Fox Andrew Cuomo…

The Goldman Sachs Backlash is Picking Up Steam

  Goldman Sachs (GS) has been able to stay above the fray more than most of its (former) competitors over the last 6 months.  Its share price has stayed above single digit-ville and Buffett‘s investment in the company was seen by many as the Omaha Good Housekeeping Seal of Approval.  Now that AIG has been incinerated…

Vasectomy Boomlet Another Sign of the Great Decession?

[vodpod id=Groupvideo.2350430&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] I couldn’t help myself with the video, sorry. My sense of humor is not everyone’s cup of tea, but I did find this New York Times article about the uptick in vasectomy operations poignant. The doctors and health professionals quoted are all discussing the anecdotal evidence about how the bad economy is driving…

The Truth About Somali Pirates

I detest when pundits from the left trot out the whole “root causes” thing in defense of shameless acts on the part of America’s enemies.  I equally loathe the black-and-white, right-and-wrong absolute views espoused by the right when clearly, there is some crucial nuance to some of these stories. The taking of hostages or hijacking…

Hot Links: Icahn, Roubini, Sir Allen & Blockbuster

Hot Links for Weekend Reading It’s about time the Kaiser of Korporate Governance weighed in on the lack of accountability on the part of congress when doling out TARP (your) funds.  Carl Icahn wrote a sharp op-ed piece for the New York Times called “We’re Not The Boss Of AIG“.  The main thrust here is…

TGIF: Long Weekend – Remember the Name

Those of us who work on Wall Street or in the Post Office are currently in the midst of a blissful and well-deserved long weekend.  Your favorite financial blogger always worries about being forgotten. In that spirit, I’ll leave you with Mike Shinoda (of Linkin Park) and his side project Fort Minor with “Remember The…