June 2008

GM (GM) is either going outright bankrupt or these stocks are screaming buys right now. The biggest problem for this company isn't their lack of fuel-efficient vehicles or the exhausted consumer... the biggest problem is the same problem the financials have -- nobody believes anything on the balance sheet. GM and Ford finance hundreds of billions of dollars to enable their customers to buy ... read more

Being in charge of running security for much of lower New York state isn't all glamour and rock n roll, not even for The City CattleDog himself, lemme tell ya'. I had to spend hours on Sunday, for example, patrolling the perimeter of the Hudson Hidden Valley site...I tracked, caught, took names, and released three squirrels, two birds, and chased one of the feline members of the Evil Order of ... read more

1. C, GS, MS: Penny Stocks? 2. McCain’s $300 Million Battery Theft 3. Liars at Broadcom (and Apple) To Get Theirs 1. I used to wonder on this show all the time if the financials would eventually face the same fate the telecoms did after the tech bubble burst...Still wondering... 2. McCain says he wants to give $300 million in taxpayer money to anyone who creates a batter that ... read more

1. A Bubbling Cauldron of Noise 2. I’ll Illuminate the Illuminati Endlessly 3. Fight Poverty: Try My Big Tip Theory 1. In case you didn't hear, today was quadruple witching. Traders and pundits love to talk about technical catalysts like options expirations as if their impact on the market could be gamed...I don't even believe that you can measure such catalysts. Ignore the noise! 2. ... read more

I've been a bit of a Steve Ballmer apologist since I first turned bullish on Softee back in May of 2006. I mean, I've called the guy out for the Zune disaster from the start and what not...but I figure anybody who's built the most powerful and valuable company on the planet probably knows what the hell he's doing at the end of the day. But then today I see the quote from Mr. Ballmer in the FT, ... read more

1.  The Red Cross Is Broke. 2.  Contrary to the Contrarian… 3.  i Is for Illuminati. 1.  I mentioned yesterday that the floods in the midwest would cost taxpayers tens of billions of dollars in losses and rebuilding efforts.  Turns out, the floods have already depleted the entire national Red Cross disaster relief fund and the agency is now taking out loans to pay for the services its ... read more

An' though the rules of the road have been lodged It's only people's games that you got to dodge And it's alright, Ma, I can make it. -- Bob Dylan Last night at the delicious restaurant in NoLiTa, Peasant, I munched on six different dishes -- Octopus, mozzarella, prosciutto, roasted suckling pig, and stuffed Cornish hen. I'd last been to Peasant with James Altucher and the bartender, ... read more

Mike Jerrick Andrew Martin, Good Deed Foundation Scott Rothbort, Lakeview Asset Management Guy Johnson, Johnson Capital CEO Michael Eckhardt, American Council on Renewable Energy Peter Duprey, Acciona CEO Father Johnathan ... read more

Emotion is the enemy to the trader. As a stock picker, you've got to set aside personal judgments about a company if you want to maximize your performance. Clearly, the way to generate the highest returns is to focus on generating the highest returns...not by focusing on whether you agree with everything the company does with its business. So it was a few weeks ago, when I wrote about how I ... read more

Sitting in an English garden waiting for the sun. If the sun don't come, you get a tan from Standing in the English rain. I am the eggman, they are the eggmen, I am the walrus, Coo coo kachoo ka coo coo kachoo.  -- The Beatles The biggest winner of the Micro-hoo-goo fall out? The evil empire itself! It's almost self-fulfilling analysis, since such a conclusion begs the question of ... read more