Investment Strategy


  • AIG Aside, Market Struggles Over Earnings Tuesday, 16 Sep 2008 | 12:03 PM ET

    In general, the markets are having a tough time moving forward (ex-financials) because earnings for the major sectors keep getting hit, for various reasons. Consider: 1) financials: event risk has taken down ests. on all the big names.

  • AIG: What It Needs To Do Tuesday, 16 Sep 2008 | 9:04 AM ET

    There is a certain air of disbelief on the Street today concerning AIG. Bank of America's analyst epitomized this: "AIG is facing a near-term liquidity issues, as opposed to solvency issues," a report this morning said. All insisted they have plenty of assets to sell.

  • What the Pros Say: Investing Tips after AIG Downgrade Tuesday, 16 Sep 2008 | 8:48 AM ET

    Investment experts from around the globe offer their advice on what investors can do in the wake of the latest financial turmoil.

  • Worst Day For Markets Since 9/11 Monday, 15 Sep 2008 | 4:08 PM ET

    We almost certainly would have broken through the important 1,200 level on the S&P 500 had there not been a report that the feds have asked Goldman and JP Morgan to lead a $70 to $75 lending facility for AIG; this took AIG and the markets off their lows just after 3:30 ET.

  • Traders See More Bank M&A's As REITS Hit Hard Monday, 15 Sep 2008 | 1:11 PM ET

    The Street has been making this distinction for months, and it is now accelerating. For example, look at some of the smaller regional banks that have less exposure to construction/real estate than others, and how they have performed in the last year:

  • Lehman, Merrill: What We Are Likely To See On Street Monday, 15 Sep 2008 | 9:57 AM ET

    Wall Street has fretted that it does not know how to value many derivative assets because they trade so rarely. We are now about to find out, assuming Lehman begins a liquidation of assets.

  • The bankruptcy of Lehman Brothers and surprise takeover of Merrill Lynch may signal a 'big daddy' of bear markets, in which stocks could fall as much as 50 percent from their peaks, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.

  • Timeshares are NOT an Investment Friday, 12 Sep 2008 | 8:45 PM ET

    What you need to know so your timeshare doesn't become a destination to disaster.

  • Financials: Get Past The Headline Names Friday, 12 Sep 2008 | 4:25 PM ET

    On the surface, the action in financials seemed horrific this week: Lehman down 77 percent, AIG down 46 percent, Merrill down 36 percent, Wachovia down 15 percent.

  • AIG And Its Problems Friday, 12 Sep 2008 | 3:00 PM ET

    They are hosting an analyst meeting September 25th. There is some discussion that they may announce some kind of capital raising program and possibly a sale of assets. But a capital raise is problematic for several reasons:

  • What Traders Want To Help Street Friday, 12 Sep 2008 | 12:18 PM ET

    Bring back the uptick rule. This is Number One on many traders' wish list. Last July the rule that prevented traders from shorting on a downtick was eliminated.

  • Bad Econ News And Mutual Funds Continue To Shrink Friday, 12 Sep 2008 | 9:09 AM ET

    Futures were dropping even before the disappointing economic news, despite the talk of a Lehman bailout [facilitation, takeover]. It's not rallying because 1) the Street figured out that these events do not stop the drop in the markets;

  • Despite Lehman And Merrill, Financials Rally At End Thursday, 11 Sep 2008 | 4:11 PM ET

    Both Lehman and Merrill dropped notably in the last half hour. Lehman traded north of 450 m shares today, a record, down 41 percent. Merrill traded around $20 most of the day, but then slid below $20 in the last half hour as well, down 17 percent on 145 m shares, 3 times normal.

  • Market Leaders: You Won't Believe Them Thursday, 11 Sep 2008 | 3:10 PM ET

    So we have come to this: forget financials, forget materials, forget energy. Our market leaders are retailers and home builders.

  • Analysts: I Quit! I Have No Idea What's Happening! Thursday, 11 Sep 2008 | 2:35 PM ET

    Merrill Lynch analyst Guy Moszkowski has changed his rating on Lehman from "neutral" to "no opinion."  Morgan Stanley said that while they were maintaining their research coverage on Lehman, they are removing their ratings and price targets "due to heightened market uncertainty."

  • Steps You Can Take to Protect Your IRA Thursday, 11 Sep 2008 | 1:31 PM ET

    If retirement is approaching, here's how you can make sure your IRA is safeguarded against this terrible stock market.

  • For Lehman, Disorder Is The Rule Thursday, 11 Sep 2008 | 11:33 AM ET

    Want to see how fast things are moving? Why Dick Fuld probably has the feeling that events are spinning out of his control? Mike Mayo is one of the senior bank analysts on Wall Street. Sunday night the Deutsche Bank analyst had a Buy on Lehman with a $32 price target.

  • As Credit Lines Fade, Credit Cards Step In Thursday, 11 Sep 2008 | 10:47 AM ET
    Credit Cards

    Just as the slowing economy has made access to cash a higher priority for a lot of small businesses, banks have been offering “small business” credit cards, the New York Times reports.

  • Strong Dollar, Weak Commodities Now A "Problem" Thursday, 11 Sep 2008 | 9:12 AM ET

    Commodities continue to drop, as they have for 7 of the last 8 trading sessions. With futures weak again here, we are very close to breaking the recent closing low of July 15 of 1,214.

  • Bailouts Will Push US into Depression: Manager Thursday, 11 Sep 2008 | 9:11 AM ET

    The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.