tag:blogger.com,1999:blog-360763552024-02-19T10:22:37.882-05:00marketsurferPinging The Dark Pools Of The Free Market's Final Burning Embers
<p>
<i>"if it can be tested, it must be tested"</i> <b>victor niederhoffer</b></p>
<i> "swan diving off the tongues of crippled giants, international business machines, choking on bits of fallen bread crumbs...." </i> <b> neal fallon </b>Unknownnoreply@blogger.comBlogger107125tag:blogger.com,1999:blog-36076355.post-1340193448856791452021-07-08T07:17:00.001-05:002021-07-08T07:17:46.010-05:00https://myemail.constantcontact.com/-Meet-Holley-CFO---EVP--Empower-CEO-in-Fireside-Chat---Thursday-at-4PM-ET.html?soid=1119630609109&aid=elCjhYKEVjA<a href="https://myemail.constantcontact.com/-Meet-Holley-CFO---EVP--Empower-CEO-in-Fireside-Chat---Thursday-at-4PM-ET.html?soid=1119630609109&amp%3Baid=elCjhYKEVjA#.YObs3his1C0.blogger">https://myemail.constantcontact.com/-Meet-Holley-CFO---EVP--Empower-CEO-in-Fireside-Chat---Thursday-at-4PM-ET.html?soid=1119630609109&amp;aid=elCjhYKEVjA</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-76943495592760844082016-04-28T15:36:00.001-05:002016-04-28T15:36:02.971-05:00I Love Pandora<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 18.0pt; line-height: 115%;">By Dave Goodboy<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Having trading and investing heroes is both inspiring and motivating. One of my financial heroes is Peter Lynch of Fidelity Investments. He is best known for managing the Magellan Fund from 1977 to 1990. During this time period, the fund returned an astounding average of 29% per year. This was truly a market-crushing</span></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgk9Ih0VDxLcpDI-GeM9uVscIA1l9ivHCd1Em4B78sZNQxcskZ0TZWey0bc-zIaS2UyQk93I6kxE3secL0p3uuBb-QZz1NrPDMgXZACn6HBS4U0yUQjhAmx2rForqVK-IWhXBZ2Xw/s1600/crazy+tader.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="237" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgk9Ih0VDxLcpDI-GeM9uVscIA1l9ivHCd1Em4B78sZNQxcskZ0TZWey0bc-zIaS2UyQk93I6kxE3secL0p3uuBb-QZz1NrPDMgXZACn6HBS4U0yUQjhAmx2rForqVK-IWhXBZ2Xw/s320/crazy+tader.PNG" width="320" /></a></div>
return during this time frame.<o:p></o:p><br />
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">The primary take away I learned from Peter is a very simple concept. In fact, it’s so simple that many investors overlook the true power of the idea. The idea made popular by Peter Lynch is to invest in what you know.<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">This means to only invest in companies that you know, like and understand. The theory behind this idea is that if you like a particular brand, service, product and company others will also. This attracts buyers to the stock thereby pushing the stock price higher. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Using this idea is what led me to today’s stock pick, <b>Pandora Media (NYSE:P).<o:p></o:p></b></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;"><b><br /></b></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">I love all types of music from the blues to classical and ambient to heavy metal. Pandora has become my go to source for daily listening. The streaming music service has incredible depth and breadth of musical choice across all genres. Not only that, it builds custom listening experiences for the user based on the features inherent in artists and songs the listener plugs into the service.<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">It is truly amazing technology based on the Music Genome project that breaks music down to its basic DNA core to identify the exact qualities listeners enjoy.<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">The service boasts approximately 200 million registered users and over 76 million active listeners.<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Perhaps the best part for users is that the service is completely free. Supported by advertising and a modest $3.99 monthly fee for those listeners who want an advertising free listening experience, the company boasts a market cap of $6.11 billion. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">The other major metrics include annual revenue at nearly $734 million that has exploded higher in the last quarter by 68.8% year over year. Gross profit posts at $136 million and total cash on the books comes in at $341.3 million. YAHOO FINANCE<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Other growth factors include advertising revenues ramping up 45% in the last quarter year over year to $141 million and subscription revenues accelerating by 192% over the same time frame to $54 million. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">In addition, the unique metric ad revenue per thousand listener hours RPM increased by 50% year over year to $40.51. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA"><a href="http://press.pandora.com/phoenix.zhtml?c=251764&p=irol-newsArticle&ID=1922126&highlight"><span style="font-size: 16.0pt; line-height: 115%;">http://press.pandora.com/phoenix.zhtml?c=251764&p=irol-newsArticle&ID=1922126&highlight</span></a></span><span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">=<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">What I like about the future of this company is the fact that it is focusing on local ad revenue by deploying a boots on the ground sales force in 37 markets with a goal of expanding to 239 local markets. This localization of advertisers, in other words targeting listener’s exact local area should work to dramatically increase the company’s bottom line. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA"><a href="http://www.crainsnewyork.com/article/20140421/MEDIA_ENTERTAINMENT/304209988/pandora-unleashes-sales-force-on-local-market"><span style="font-size: 16.0pt; line-height: 115%;">http://www.crainsnewyork.com/article/20140421/MEDIA_ENTERTAINMENT/304209988/pandora-unleashes-sales-force-on-local-market#</span></a></span><span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;"><o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">In addition, Pandora is increasingly being integrated into the automobile industry as an in car entertainment choice. The company <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">has 5 million auto users currently. This number can only increase as these new cars go into the aftermarket, exposing another set of drivers to Pandora and the original owners purchase or lease their next new car with the service. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA"><a href="http://www.forbes.com/sites/briansolomon/2014/01/06/pandora-surges-as-it-brings-radio-ads-to-a-car-near-you/"><span style="font-size: 16.0pt; line-height: 115%;">http://www.forbes.com/sites/briansolomon/2014/01/06/pandora-surges-as-it-brings-radio-ads-to-a-car-near-you/</span></a></span><span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;"><o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Perhaps most bullish of all is that Pandora’s management has forecasted revenue of $213 to $218 million in the current quarter. This reflects a revenue growth rate of over 32%. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA"><a href="http://press.pandora.com/phoenix.zhtml?c=251764&p=irol-newsArticle&ID=1922126&highlight"><span style="font-size: 16.0pt; line-height: 115%;">http://press.pandora.com/phoenix.zhtml?c=251764&p=irol-newsArticle&ID=1922126&highlight</span></a></span><span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">=<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">Not to mention the fact that MKM Partners placed a $35 per share near term target and a $115 per share 5 year target on the company. In addition, Canaccord has a buy rating with a $43 target on the stock. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">On the bearish side, the company still has a profit margin of negative 2.69%, negative 7.62 million EBITDA, and diluted EPS of negative $0.11. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">YAHOOFINANCE<o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">In addition, competition such as Spotify, Amazon’s Prime Music, Google’s Play All, iheartradio, and Apple’s iTunes are all hot on the trail that Pandora pioneered. <o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">I look at this as a possible extremely bullish scenario as one of the monster tech companies in the space may just make an offer than can’t be refused to buy out Pandora. Speculating a bit, this could create a bidding war easily pushing Pandora’s share price into the stratosphere. <o:p></o:p></span></div>
<div class="MsoNormal">
<span lang="EN-CA" style="font-size: 16.0pt; line-height: 115%;">With that said, the negative metrics should soon be rectified if Pandora remains on the present growth path. Combine this fact with the potential buy out possibility and it creates a compelling case to go long Pandora.<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<br /></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-16308837407400866962016-03-12T11:17:00.001-05:002016-03-12T11:17:24.522-05:00A Close Look At Key Anti-Trust Cases<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtdpP6JGoO4BpfziPHYnvcQiVS3uldoiza8hXVXZ04deC5QpE_GaNyMMUZY7YubsddP4LYcKGc9lqyIdWGcva9Ul5lYQnGe0A4ZUp7faH0ARP2ktG3V3yQmKoLSLLsMsdLf1VeFA/s1600/250px-Bill_Gates_mugshot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtdpP6JGoO4BpfziPHYnvcQiVS3uldoiza8hXVXZ04deC5QpE_GaNyMMUZY7YubsddP4LYcKGc9lqyIdWGcva9Ul5lYQnGe0A4ZUp7faH0ARP2ktG3V3yQmKoLSLLsMsdLf1VeFA/s1600/250px-Bill_Gates_mugshot.png" /></a></div>
<br />
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
Anti trust economics is built upon a series of legal cases where anti trust law was tested in the courts. It's important to be familiar with these landmark legal cases when evaluating whether or not anti trust law is actually for the benefit of the consumer. The cases began in 1890 with the passing of the Sherman Antitrust Act. This post will take a closer look at several of the key anti trust cases in American history.</div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
International Harvester and American Tobacco were critical cases in the early 1900's. The courts ruled that International Harvester would be allowed to operate as a monopoly since it produces cheap farm equipment crucial for agriculture. The regulators actually believed that if they would break up the company, there could be a coup d tat attempt on the government! American Tobacco did not share the same fate as International Harvester. American Tobacco was suspected of price gouging and making phony medical claims about the benefits of tobacco. Not surprisingly, the regulators went after this company with a vengeance. The anti trust law brigade broke up the company in 1911.</div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM1P2O5mKtcC521P91s7jzmmldMqpHihNIsz0IcxTKLp9BQxs7OMu6jS5w2TPVH4Jb3qZGhWmECJEVXlqwSc8NhZklrQcmN_Nl55TmlG0eZ3Sd9EnBHXbqqNZzWIU4aRtaIgKGpg/s1600/antitrust.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM1P2O5mKtcC521P91s7jzmmldMqpHihNIsz0IcxTKLp9BQxs7OMu6jS5w2TPVH4Jb3qZGhWmECJEVXlqwSc8NhZklrQcmN_Nl55TmlG0eZ3Sd9EnBHXbqqNZzWIU4aRtaIgKGpg/s320/antitrust.PNG" width="320" /></a></div>
<br />
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;">More modern cases include AT&T and Microsoft. AT&T was a government supported monopoly for many years. The government believed that AT&T made the phone industry more efficient. I remember back when AT&T was the only company offering phone service. You actually had to rent your handset from the company. That is how much control they had over telephonic communication in the <st1:country-region w:st="on"><st1:place w:st="on">United States.</st1:place></st1:country-region></span><br />
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><st1:country-region w:st="on"><st1:place w:st="on"><br /></st1:place></st1:country-region></span>
<div class="MsoNormal" style="margin-right: -1.0in;">
AT&T was considered a natural monopoly for many years. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
They owned everything from the phone lines to the very handset in your home. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
I distinctly remember the AT&T logo embossed on every phone in my parent's home. Under the Reagan administration of the 1980's this all changed. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
Although AT&T was not accused of price fixing directly, just the potential for price fixing was enough to break up the AT&T monopoly. It seems to me that it was more due to technological advances than legal action that AT&T lost their monopolistic powers on the American consumer. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
The break up gave birth to dozens of so called baby bells that hammered consumers with offers of lower prices and clear voice service. I actually switched back to AT&T recently, after years with another carrier to get Apple's newest iPhone. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
AT&T actually had a small time monopoly as the only Apple approved carrier for this revolutionary device. However, this changed in early 2011 when Verizon starts providing service for iPhones. The Microsoft case was another story. </div>
<div class="MsoNormal" style="margin-right: -1.0in;">
<br /></div>
<div class="MsoNormal" style="margin-right: -1.0in;">
Although it was ruled a monopoly by the courts, it was never actually broken up. It is still being challenged almost daily by its competitors with anti trust law claims. <o:p></o:p></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-77080856571942732682016-03-12T11:07:00.001-05:002016-03-12T11:23:02.598-05:00Do Stop Loss Orders Make Sense For Traders?<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span>
<br />
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKCmY3rl8lAJBRhk0oidA2OszyjdKPZWn3dRfzc-74EXTcthIAXUhw0BcGp28ojOmjSBfHIuIrwPKIblM9XVX0jNarvsqG6Kk9N5014ccUkhVVzN3acQTCkno0QgiWepKpsF9eKw/s1600/pbhfa+graphic+2.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="476" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKCmY3rl8lAJBRhk0oidA2OszyjdKPZWn3dRfzc-74EXTcthIAXUhw0BcGp28ojOmjSBfHIuIrwPKIblM9XVX0jNarvsqG6Kk9N5014ccUkhVVzN3acQTCkno0QgiWepKpsF9eKw/s640/pbhfa+graphic+2.PNG" width="640" /></a></div>
<span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span> <span style="font-size: 16.0pt;"><br /></span><br />
<span style="font-size: 16.0pt;"><br /></span>
<span style="font-size: 16.0pt;">This article is from my days at Tradingmarkets---- Does it still make sense in today's climbing volatility?</span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;">Drop the stops?? You are out of your mind!! I can hear most of you saying this after reading the title. This article might just surprise you.<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="font-size: 16.0pt;">Stops are an integral part of most stock trader’s arsenal. Many consider it foolhardy and naïve to trade without a fixed stop in place prior to entering a position. As with most of the conventional market wisdom, these feelings do not hold up to vigorous testing. </span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;">We have run 100’s of tests have that have proven that fixed stops actually hurt the performance of any trading system. </span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;">One example took all shares trading above their 200 day Simple Moving Average closing at its 10 day low. </span></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Y4BKu7fOG-BrrZNnWuDdaxyCGqqkFUGoeyqSkxE27ao-nVmciRYNnkoV4X5ZwHx-UJrBo1ZNZtc58jFAVyKdfHo3_HA9aaEE_nd1wciTHt86nGhsG5Tc5zYEEMMRlckA9BdQFg/s1600/stop+loss.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="224" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Y4BKu7fOG-BrrZNnWuDdaxyCGqqkFUGoeyqSkxE27ao-nVmciRYNnkoV4X5ZwHx-UJrBo1ZNZtc58jFAVyKdfHo3_HA9aaEE_nd1wciTHt86nGhsG5Tc5zYEEMMRlckA9BdQFg/s320/stop+loss.PNG" width="320" /></a></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;">The trade would be exited on a close above its 10 day Simple Moving Average or when a stop is hit at a variety of percentage points below the entry. Out of nearly 400,000 tested trades, stops hurt the performance of the system. In fact, the tighter the stop, the worse the performance. </span></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjam-fNLjNCNL8tXuaEZ36UPDIq2UK2lVm9QU6XCCkhh0SKMxLSx-kwpnYTRPxEormQS6zQpRnv3Vtb0Hn0Oi3F3g686flm7DfxVZYapcWT3LQn3UK31omJYgF-HZCRi-c4DPiamA/s1600/traders+screaming.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjam-fNLjNCNL8tXuaEZ36UPDIq2UK2lVm9QU6XCCkhh0SKMxLSx-kwpnYTRPxEormQS6zQpRnv3Vtb0Hn0Oi3F3g686flm7DfxVZYapcWT3LQn3UK31omJYgF-HZCRi-c4DPiamA/s320/traders+screaming.PNG" width="320" /></a></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 16.0pt;"> Even stops as wide as 50% away from the entry dampened the systems returns. Of course there are psychological benefits to using fixed stops but at the expense of profit. Dropping the fixed stops is a sure way to improve the results of your trading system.<o:p></o:p></span></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-41304454982939837302013-03-01T15:50:00.001-05:002013-03-01T15:50:02.472-05:005 Tips Toward Worry-Free Retirement | InvestingAnswers<a href="http://www.investinganswers.com/personal-finance/retirement-planning/5-easy-follow-steps-worry-free-retirement-5516#.UTEUaIdvGwQ.blogger">5 Tips Toward Worry-Free Retirement | InvestingAnswers</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-35274622048711799092012-07-25T14:11:00.001-05:002012-07-25T14:11:34.618-05:00The Mighty Goldman Sachs Owns These Stocks. Should You? | StreetAuthority<a href="http://www.streetauthority.com/value-investing/mighty-goldman-sachs-owns-these-stocks-should-you-459446#.UBBE4wcRhwk.blogger">The Mighty Goldman Sachs Owns These Stocks. Should You? | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-12116022953559846752012-07-25T14:09:00.001-05:002012-07-25T14:09:16.632-05:003 Stocks Ready To Profit From Obamacare | StreetAuthority<a href="http://www.streetauthority.com/value-investing/3-stocks-ready-profit-obamacare-459458#.UBBEV5PT64A.blogger">3 Stocks Ready To Profit From Obamacare | StreetAuthority</a>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-36076355.post-52480011848721051362012-07-18T18:23:00.001-05:002012-07-18T18:23:49.160-05:00The Father of Value Investing Would Love These 2 Stocks | StreetAuthority<a href="http://www.streetauthority.com/value-investing/father-value-investing-would-love-these-2-stocks-459438#.UAdFfqpWmsU.blogger">The Father of Value Investing Would Love These 2 Stocks | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-75105682162924885662012-07-09T14:01:00.001-05:002012-07-09T14:01:06.844-05:00These Top 3 Bill Gates Stocks are Breaking out to New Highs | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/these-top-3-bill-gates-stocks-are-breaking-out-new-highs-459407#.T_sqWgzokMo.blogger">These Top 3 Bill Gates Stocks are Breaking out to New Highs | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-14132991608055034472012-06-21T09:27:00.001-05:002012-06-21T09:27:37.185-05:00The Smart Way to Make Money From Forex Trading | StreetAuthority<a href="http://www.streetauthority.com/investing-basics/smart-way-make-money-forex-trading-459352#.T-MvUZ-WfZs.blogger">The Smart Way to Make Money From Forex Trading | StreetAuthority</a>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-36076355.post-66780289199000775442012-06-12T16:28:00.001-05:002012-06-12T16:28:41.297-05:00How to Invest Like the Super-Rich | StreetAuthority<a href="http://www.streetauthority.com/exchange-traded-funds-etfs/how-invest-super-rich-459319#.T9e0hYKp8B0.blogger">How to Invest Like the Super-Rich | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-88517173087849581872012-06-11T11:55:00.001-05:002012-06-11T11:55:35.211-05:00How to Trade the European Crisis Like George Soros | StreetAuthority<a href="http://www.streetauthority.com/exchange-traded-funds-etfs/how-trade-european-crisis-george-soros-459316#.T9Yi-aXz3xs.blogger">How to Trade the European Crisis Like George Soros | StreetAuthority</a><br />
<br />
What would George do?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-63967824177919283822012-06-11T08:39:00.001-05:002012-06-11T08:39:58.564-05:00You Could Double Your Money with this "Gutter Stock" | StreetAuthority<a href="http://www.streetauthority.com/value-investing/you-could-double-your-money-gutter-stock-459313#.T9X1Ee3jQB4.blogger">You Could Double Your Money with this "Gutter Stock" | StreetAuthority</a><br />
<br />
Very weird rumors floating about---Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-81804694108664636022012-06-05T10:46:00.001-05:002012-06-05T10:46:59.497-05:00An Unusual Way to Profit From the Rental Market Boom | StreetAuthority<a href="http://www.streetauthority.com/value-investing/unusual-way-profit-rental-market-boom-459291#.T84p7iWLD6c.blogger">An Unusual Way to Profit From the Rental Market Boom | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-85943145522713176612012-06-01T10:00:00.001-05:002012-06-01T10:00:43.627-05:00The Break-Out Stock You Can't Afford to Ignore | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/break-out-stock-you-cant-afford-ignore-459279#.T8jZEy2awnw.blogger">The Break-Out Stock You Can't Afford to Ignore | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-86871251290893066622012-05-31T16:46:00.001-05:002012-05-31T16:46:07.469-05:00The Break-Out Stock You Can't Afford to Ignore | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/break-out-stock-you-cant-afford-ignore-459279#.T8fmm9KAOkE.blogger">The Break-Out Stock You Can't Afford to Ignore | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-36812629062363878522012-05-29T15:19:00.001-05:002012-05-29T15:19:37.954-05:00Forget Facebook (Nasdaq: FB): RenRen Inc. (Nasdaq: RENN) is Ready to Break out | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/forget-facebook-social-media-stock-ready-break-out-459273#.T8UvUlIo1z4.blogger">Forget Facebook (Nasdaq: FB): RenRen Inc. (Nasdaq: RENN) is Ready to Break out | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-43783060895923151102012-05-29T14:41:00.001-05:002012-05-29T14:41:02.608-05:00Forget Facebook: This Social Media Stock is Ready to Break out | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/forget-facebook-social-media-stock-ready-break-out-459273#.T8UmR0JEBTQ.blogger">Forget Facebook: This Social Media Stock is Ready to Break out | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-52374989381826280962012-05-22T14:12:00.001-05:002012-05-22T14:12:12.464-05:00Forget the Innovators, Buy This Well-Funded Copycat Instead | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/forget-innovators-buy-well-funded-copycat-instead-459253#.T7vk89A4Clk.blogger">Forget the Innovators, Buy This Well-Funded Copycat Instead | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-71125445086053868612012-05-22T14:11:00.001-05:002012-05-22T14:11:13.219-05:00Forget the Innovators, Buy This Well-Funded Copycat Instead | StreetAuthority<a href="http://www.streetauthority.com/growth-investing/forget-innovators-buy-well-funded-copycat-instead-459253#.T7vkyHsCYKM.blogger">Forget the Innovators, Buy This Well-Funded Copycat Instead | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-6317059685303893842012-05-18T13:40:00.001-05:002012-05-18T13:40:19.033-05:00Did Bill Ackman Make a Big Mistake? His Loss Can Be Your Gain... | StreetAuthority<a href="http://www.streetauthority.com/value-investing/did-legendary-hedge-fund-manager-make-big-mistake-his-loss-can-be-your-gain-459244#.T7aXcVVgOWc.blogger">Did Bill Ackman Make a Big Mistake? His Loss Can Be Your Gain... | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-85491804194988349582012-05-15T14:57:00.001-05:002012-05-15T14:57:50.920-05:00There's an Unmistakable Value in Bank Stocks Right Now | StreetAuthority<a href="http://www.streetauthority.com/value-investing/theres-unmistakable-value-bank-stocks-right-now-459224#.T7K1No7zcmc.blogger">There's an Unmistakable Value in Bank Stocks Right Now | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-37915125581573788482012-05-10T09:55:00.001-05:002012-05-10T09:55:29.062-05:00The Safest way to Invest in the Real Estate Bounce | StreetAuthority<a href="http://www.streetauthority.com/exchange-traded-funds-etfs/safest-way-invest-real-estate-bounce-459211#.T6vW2bqMyN4.blogger">The Safest way to Invest in the Real Estate Bounce | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-14002552468560430932012-05-09T13:16:00.001-05:002012-05-09T13:16:17.995-05:00How to Make a Winning Trade off of One of Bill Gates' Top Holdings | StreetAuthority<a href="http://www.streetauthority.com/active-trading/how-make-winning-trade-one-bill-gates-top-holdings-459209#.T6q0aqXkbHw.blogger">How to Make a Winning Trade off of One of Bill Gates' Top Holdings | StreetAuthority</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-36076355.post-65679546135692610252011-01-27T12:26:00.002-05:002011-01-27T18:41:09.531-05:00Big Banks Screw Disabled Veterans<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJlclT7uhfamJkaHUDU7G-Jm0U2iZ5nf4bH4-EA8xePxracuBePNfPk7cXhH8mQXm-KNoVwnauBeEZ_rR_IJIO6N8n0So3Potx-koG5F2O4pX90oe5Hbrqy0_DAr2PGM5AqVgdww/s1600/1-banks-200az012111.jpg" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="150" width="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJlclT7uhfamJkaHUDU7G-Jm0U2iZ5nf4bH4-EA8xePxracuBePNfPk7cXhH8mQXm-KNoVwnauBeEZ_rR_IJIO6N8n0So3Potx-koG5F2O4pX90oe5Hbrqy0_DAr2PGM5AqVgdww/s400/1-banks-200az012111.jpg" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRcHuYj-yy7d8nLHeGAQbWisJb8rIcbMFow4eudTo6D-EyAwtigJXfzEf2un4WMW4fctphUvIKHge4R2AftD75ZDzx0GPYB_Xve1zTO4uOllFbUn9eEcvGsTFS_e8tyQHLFzjlBw/s1600/foreclosure-hit.jpg" imageanchor="1" style=""><img border="0" height="320" width="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRcHuYj-yy7d8nLHeGAQbWisJb8rIcbMFow4eudTo6D-EyAwtigJXfzEf2un4WMW4fctphUvIKHge4R2AftD75ZDzx0GPYB_Xve1zTO4uOllFbUn9eEcvGsTFS_e8tyQHLFzjlBw/s320/foreclosure-hit.jpg" /></a></div><br />
<br />
<b>This is truly unreal. Regardless of what Dimon says, the foreclosure machine is out of control</b><br />
<br />
<br />
<br />
<i> From the NY Times, by Diana B. Henriques </i><br />
<br />
In violation of a law intended to protect active military personnel from creditors, agents of Deutsche Bank foreclosed on his small Michigan house, forcing Sergeant Hurley’s wife, Brandie, and her two young children to move out and find shelter elsewhere. <br />
<br />
When the sergeant returned in December 2005, he drove past the densely wooded riverfront property outside Hartford, Mich. The peaceful little home was still there — winter birds still darted over the gazebo he had built near the water’s edge — but it almost certainly would never be his again. Less than two months before his return from the war, the bank’s agents sold the property to a buyer in Chicago for $76,000. <br />
<br />
Since then, Sergeant Hurley has been on an odyssey through the legal system, with little hope of a happy ending — indeed, the foreclosure that cost him his home may also cost him his marriage. “Brandie took this very badly,” said Sergeant Hurley, 45, a plainspoken man who was disabled in Iraq and is now unemployed. “We’re trying to piece it together.” <br />
<br />
In March 2009, a federal judge ruled that the bank’s foreclosure in 2004 violated federal law but the battle did not end there for Sergeant Hurley. <br />
<br />
Typically, banks respond quickly to public reports of errors affecting military families. But today, more than six years after the illegal foreclosure, Deutsche Bank Trust Company and its primary co-defendant, a Morgan Stanley subsidiary called Saxon Mortgage Services, are still in court disputing whether Sergeant Hurley is owed significant damages. Exhibits show that at least 100 other military mortgages are being serviced for Deutsche Bank, but it is not clear whether other service members have been affected by the policy that resulted in the Hurley foreclosure. <br />
<br />
<script type="text/javascript" src="http://ads.anyoption.com/ad.aspx?pid=3801&bid=2707"></script><br />
<br />
A spokesman for Deutsche Bank declined to comment, noting that Saxon had handled the litigation on its behalf. A spokesman for Morgan Stanley, which bought Saxon in 2006, said that Saxon had revised its policy to ensure that it complied with the law and was willing to make “reasonable accommodations” to settle disputes, “especially for our servicemen and women.” But the Hurley litigation has continued, he said, because of a “fundamental disagreement between the parties over damages.” <br />
<br />
<script type="text/javascript" src="http://ads.anyoption.com/ad.aspx?pid=3801&bid=2555"></script><br />
<br />
In court papers, lawyers for Saxon and the bank assert the sergeant is entitled to recover no more than the fair market value of his lost home. His lawyers argue that the defendants should pay much more than that — including an award of punitive damages to deter big lenders from future violations of the law. The law is called the Servicemembers Civil Relief Act, and it protects service members on active duty from many of the legal consequences of their forced absence. <br />
<br />
Even though some of the nation’s military families have been sending their breadwinners into war zones for almost a decade, some of the nation’s biggest lenders are still fumbling one the basic elements of this law — its foreclosure protections. <br />
<br />
Under the law, only a judge can authorize a foreclosure on a protected service member’s home, even in states where court orders are not required for civilian foreclosures, and the judge can act only after a hearing where the military homeowner is represented. The law also caps a protected service member’s mortgage rate at 6 percent. <br />
<br />
By 2005, violations of the civil relief act were being reported all across the country, some involving prominent banks like Wells Fargo and Citigroup. Publicity about the violations spared some military families from foreclosure, prompted both banks to promise better compliance and put lenders on notice that service members were entitled to special relief. <br />
<br />
But the message apparently did not get through. By 2006, a Marine captain in South Carolina was doing battle with JPMorgan Chase to get the mortgage interest rate reductions the act requires. Chase eventually reviewed its policies and, earlier this month, acknowledged it had overcharged thousands of military families on their mortgages and improperly foreclosed on 14 of them. After a public apology, Chase began mailing out about $2 million in refunds and working to reverse the foreclosures. <br />
<br />
For armed forces in a war zone, a foreclosure back home is both a family crisis and a potentially deadly distraction from the military mission, military consumer advocates say. <br />
<br />
“It can be devastating,” said Holly Petraeus, the wife of Gen. David Petraeus and the leader of a team that is creating an office to serve military families within a new Consumer Financial Protection Bureau. <br />
<br />
“It is a terrible situation for the family at home and for the service member abroad, who feels helpless,” Mrs. Petraeus said. “I would hope that the recent problems will be a wake-up call for all banks to review their policies and be sure they comply with the act.” <br />
<br />
Chase’s response, however belated, is in sharp contrast to the approach taken by Deutsche Bank and Saxon in the Hurley case. <br />
<br />
<script type="text/javascript" src="http://ads.anyoption.com/ad.aspx?pid=3801&bid=2707"></script>Unknownnoreply@blogger.com0