I was reading John Spence’s post on MarketWatch.com about the recent announcement of CEO changes occurring at The Vanguard Group, and just had to comment on it.
In that post, John writes:
BOSTON (MarketWatch) — Vanguard Group has a unique ownership structure that allows the investment giant to provide mutual-funds at a low cost. But with a [...]
Monthly Archives February 2008
Vanguard Skepticism
Stock Market Re-Entry
Market speculation isn’t easy.
When I made my decision to move my retirement portfolio into cash a little less than two years ago, I jumped the gun and got out too soon. If I’d have waited just a few months, I could have gotten out at a higher level. But, you know what they say.. hindsight [...]
Pinnacle West Capital Corporation
Although I’m still waiting to open a new brokerage account, I just doubled my DRIP holdings of Pinnacle West Capital Corporation (PNW).
It’s not often that PNW drops below $40.00/share. Recent earnings haven’t lived up to analysts expectations, so there’s been some selling. However, this is only a short-term problem for PNW, and I’m a long-term [...]
The Market Speaks
I was browsing Fortune Magazine’s Bing’s Blog yesterday and read his post, The Stock Market: A (Psycho)analysis, in which he postulated, “If the stock market was a person, what kind of person would it be?”.
I got me chuckling because how many times have we actually seen the stock market be given anthropomorphic characteristics? More times [...]
Retail Sales Report
As anyone who watches these things knows, an important economic indicator, the Census Bureau’s Retail Sales Report for January will be released on Wednesday. The results of this report should be a critical factor in the direction of the stock market this week. If this report turns out as poorly as last week’s ISM Report, [...]
White Electronic Designs
I watch a lot of low-priced stocks and noticed yesterday that Royce Funds took a position in White Electronic Designs (WEDC). I only mention this because Royce took this position just days before earnings announcements.
Why would they do that?
While White Electronics Design has posted lower to flat earnings this past year, the company is still [...]
Jim Dandy to the Rescue
If there was any really positive news today to justify the Dow and S&P 500 gains, it escaped me. It looks as though today’s gains were attributed to Warren Buffett’s “rebuffed” offer to bail out bond insurers Ambac Financial Group Inc., MBIA Inc. and Financial Guaranty Insurance Co. But, can this be considered good news [...]