Archive for June, 2006

Out of Town Until Unknown

June 27, 2006 -

I apologize for the lack of posts today and what will be a lack of activity over this week. I left town for an interview and expected to return tomorrow but am now staying until at least Thursday for 2 more followup meetings. So, I appreciate all the support during this exciting time and I look [...]

Sirius to buy out XM Radio?

June 26, 2006 -

This made interesting news today and investors reacted by buying up shares of XM Satelite Radio (XMSR) pretty heavily. The stock was up almost 7% on talks that the Sirius (SIRI) CEO may be interested in buying out XM. What would a merger of the two be good for shareholders though? This is the big [...]

Stock Market Lingo – “Cherry Picking”

June 26, 2006 -

I thought this would be a good lingo word to add to the ST101 Stock Lingo Database. “Cherry Picking” in relation to the stock market simply means choosing a stock from a portfolio that already is performing well. So, let’s say I am scrolling around looking for stocks and I can’t find anything that suits [...]

Lunch with Warren Buffett

June 25, 2006 -

Want lunch with the greatest investor of all time? Well, you can get it, but it’ll cost you of course.
Lunch with Warren Buffett has been a tradition to be auctioned for the last few years. The proceeds benefit the Glide Foundation and the history of bids is pretty impressive. Two years ago the luncheon went [...]

Tradingmarket.com Stock Followup

June 24, 2006 -

On Thursday I posted seven stock picks from Brice Wightman over at tradingmarkets.com to watch for Friday. I said I would do a followup post on how well his picks performed, so here you go (note that the market closed about even friday):

His first pick, Oracle (ORCL) finished Friday up $.57 or about 4% to [...]

Stock News Weekly Top News

June 24, 2006 -

I got this via email from MarketWatch today and thought some of these stories were pretty interesting. Here are the top news and analysis from MarketWatch this week:
“Investors, seemingly as reluctant to increase their exposure to equities with an interest-rate decision looming on the other side of the weekend as to decrease it, played it [...]

Investor Education: IBD 20 Trading Rules

June 23, 2006 -

I was looking through the investors.com website and came across these 20 rules for CANSLIM trading that I enjoyed reading. So here are the IBD 20 rules for success in trading, which is a Will O’Neil list:
1. Consider buying stocks with each of the last three years’ earnings up 25%+, return on equity of 17%+ [...]

7 Stocks to Know for Friday

June 22, 2006 -

This is interesting and figured I’d post it up for those who can perhaps utilize these picks to make some easy tomorrow. It comes from Brice Wightman over at tradingmarkets.com and makes a nice addition to ST101’s stock watchers:

Oracle (ORCL) reported $.29 beating expected by a penny. The stock closed today at $14.33.
OSI Pharmaceuticals (OSIP) [...]