Super Saturday Storm, Billions on the Line for Retailers

Today is what’s known as Super Saturday, the day when your friends who weren’t going to buy you anything for Christmas wake up in the morning, feel guilty and rush out to grab you a last minute gift. According to the Wall Street Journal, this is a big day for retailers with about $15 billion…

The New Gameplan?

Is this the gameplan, then? “Dollar Bulls, you guys get to win Tuesdays and Thursdays, we will announce something nasty out of the Eurozone before the NY markets open on those days. Dollar Bears and Investors, y’all need to be patient and wait for Mondays, Wednesdays and alternating Fridays.  On those days, we’ll throw you…

The Fox Biz Holiday Card

The media relations team at Fox Business Network sent me quite the Chrismas card.  It appears that the young network has inherited the super-competitive gene from it’s brother network Fox News.

Checking in on the Trannies

No, not those trannies!  Get your mind out of the gutter! Today we’re going to look at the Dow Jones Transportation Average and talk about why it matters. I must confess that I frequently lose track of what’s happening with the Transports or “Trannies” from time to time, but when we see new 52 week…

Godspeed Roy Disney, Entertainment Mogul and Activist Shareholder

We lost Roy Disney today, Walt’s nephew, a force within the Disney Corporation for decades and an activist shareholder who fought the good fight through his Shamrock Holdings vehicle. I’ll crosspost some of what Nikki Finke has up and then I’ll send you over to Deadline Hollywood for the rest. Godspeed, Roy.  And thank you….

FOMC Statement Parsing

The FOMC’s non-event policy statement just came out.  Needless to say, no change in rates. Here are a few snippets… Interest rates will remain near zero “for an extended period”. “Information received since the Federal Open Market Committee met in November suggests that economic activity has continued to pick up and that the deterioration in…