This is very encouraging news to see Spain taking their budget cuts seriously.  While austerity isn’t going to be a magic potion to resolve the Euro’s problems, it does maintain the credibility of the efforts made in the last year for each country to get their houses in order.  The last couple of years Greece...Read More

It looks like Bank of America has the right man for the job in CEO Brian Moynihan.  The company has done a phenomenal job boosting capital through divesting non-core assets.  The banks has very strong reserves which should insulate it from future credit losses.  Due to all of the turmoil from lawsuit regarding reps and...Read More

RIMM came out with lackluster earnings today as expected.  This is going to be a rough year for the company as we await their new phone which won’t be out until later this year.  I think the WSJ did a great job outlining a few of the likely suitors for RIMM.  I think Microsoft and...Read More

Massive increases in natural gas production continues to lower prices.  While some large natural gas producers such as Chesapeake Energy (CHK) are shutting some wells to reduce output, supply continues to exceed demand.  A big reason for this is that oil prices are so high that it still makes economic sense for companies to drill...Read More

I’d expect a tremendous amount of competition but if China is indeed opening up their domestic auto insurance market the potential benefits can be huge.  If I were in the auto insurance in business I’d copy Geico’s model which has been so successful in the United States as much as possible.  The low cost operator...Read More

This quick little article puts into perspective just how massive Apple’s market cap really is.  Their balance sheet, profits, and cash flows are absolutely amazing, but at some point the law of large numbers comes into play.  Margins tend to be mean reverting.  It’s not impossible that Apple could get to a $1 Trillion market...Read More

At TTCM we see a vastly over-saturated retail market in the United States.  Retailers such as Best Buy, Target, and Gamestop have consistently added square footage to varied degrees of success.  Online retail and Amazon in particular has had a catastrophic impact on some of these retailers operations.  The three retailers named have been great...Read More

Jeremy Siegel is a little bit more bullish than I am on the overall market.  He does correctly understand that because of this extremely low interest rate environment stocks are the best relative value.  Bond funds are a huge concern subjecting investors to tremendous interest rate risks.  While at T&T Capital Management we may not...Read More

This was a really interesting article on market trends and the opportunity in internet stocks.  Penetration rates globally have a lot of room for growth so the winners are going to benefit from high returns on invested capital, and substantial revenue growth. http://www.gurufocus.com/news/170340/baron-funds-gives-insight-into-internet-changes-and-discusses-goog-aapl-nile-amzn-lnkd INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR...Read More

Edward Lampert Chairman of Sears Holdings (SHLD) is continuing with the process of monetizing the company’s brands.  Lands End is one of their key brands along with Kenmore, Craftsman, and DieHard, and it appears to be on the sale block.  Reportedly the asking price is about $2 Billion which would be a big boon to...Read More