Aug 20, 2013 | Uncategorized
As of the time of writing, the long-term bond ETF TLT is down by nearly a percent for the day. It’s down over 15% for the year. Leveraged bond funds are doing even worse, and bond funds in other asset classes (MUNI, JNK) are down too. There’s a big rush of...
Aug 16, 2013 | Uncategorized
Passive income has gotten harder and harder to find since about 2010. This is both ironic and tragic, because in 2009 passive income was one of the easiest things on Earth to find, but back then most investors were terrified and avoiding the opportunities. That year...
Aug 14, 2013 | Uncategorized
Chinese online media company SINA Corp (SINA) surprised investors with EPS of 21 cents on Monday, a full 75% higher than expectations, which boosted the stock over 6% on Tuesday morning. Looking at the company’s YTD chart is a clear hockey stick pattern: up 65%...
Aug 9, 2013 | Uncategorized
Dick’s Sporting Goods (DKS) quietly popped up as a leading sports goods specialty shop in strip malls throughout America in the last decade, and soon became a multi-billion dollar operation. Beginning on the east coast, the company spread west to compete with...
Aug 8, 2013 | Uncategorized
The Federal Reserve announced today that consumer credit has risen by $13.8 billion. This was the biggest rise in consumer spending in three months. The growth was mostly due to higher auto sales, with lenders continuing relatively easy lending in the auto market and...
