Category Archives: Markets

I guess I won’t be moving anytime soon….

Rentals Upstage Housing market "To wit, a ‘perfect storm for rent growth’ has seen the city’s average rent rise 9.6 percent in a year to $1,926 a month, while the median price for a house or condo dropped 5.4 percent. … Continue reading

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Every time I watch this, I crack up

http://www.wallstrip.com/2007/06/05/6-4-07-ricks-cabaret-international-inc-rick/ Full disclosure, I’m long RICK and I’m a big fan of their stock. Still, this kills me every time I watch it.

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It’s just begun…

http://www.netbank.com/ "On September 28, 2007, NetBank, Alpharetta, GA was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed." … Continue reading

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Housing market collapses, SF rents move up

First hand knowledge here. A super-nice young woman from Atlanta just rented the apartment across the hall from me. Same apartment, just across the hall. Only she’s paying a not insignificant amount more than me. Is the Trendyloin getting trendier? Are … Continue reading

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Little more free advice…

The attached photo shows why you never ever ever trade the last 45 minutes of the day. Ever. Period.   Most of the pros have closed everything out by 3:15 ET and are going home. The last 45 minutes is wild, crazy, … Continue reading

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Why we hit a short-term bottom today

From the original Turtle Trader:   “Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that the majority is wrong a lot of the time. The … Continue reading

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Don’t think the housing market is a big deal?

"Oh yeah, it’ll come back. There’s nothing wrong with it. Just a little dip then it will roar back."  -Californian on the real estate market.   From a Reuters article tonight:   "Bear Stearns Cos. Inc said in a letter … Continue reading

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