Dell reported revenue of $14.4 billion and GAAP Earnings of $.36 per share.  The stock is selling off significantly after hours which could create a nice buying opportunity.  I’ve been extremely impressed with Michael Dell since he took over the reigns as CEO again.  He has shifted the business to services from hardware which is...Read More

Ford’s (F) comeback from the brink of bankruptcy has become more official with the announcement from Moody’s that they have upgraded Ford to investment grade.  This is a fabulous accomplishment as Ford didn’t need to declare bankruptcy despite the worst recession since the “Great Depression.”  I believe Ford’s template will likely be a case study...Read More

I’m really impressed as usual with Bill Ackman’s investment thesis with JC Penney (JCP).  While there are few businesses I despise more than retail merchandising, the combination of real estate and cost savings leads to an obvious conclusion that the stock is undervalued.  Ackman is a force to be reckoned with an he will hold...Read More

Are Your Investments Generating the Returns and Income You Need? Would you like to get more bang for your buck from your investment portfolio?  Do you feel like your money manager isn’t working every day to maximize the performance of your investments, which you have worked a lifetime to accumulate?Don’t settle for average returns, strive...Read More

There is no doubt that North America needs to fully embrace using liquefied natural gas to fuel vehicles.  We have an immense amount of resources that can be procured at a much lower cost than we are able to obtain oil. Natural Gas is the fuel for this continent and policymakers and businesses will find...Read More

Nassim Taleb always has some interesting opinions and his thoughts on the JP Morgan trading losses seem to indicate that he doesn’t believe banks should be trading derivatives.  This is an odd sentiment due to his background as a derivatives trader.  I think that this situation has been blown up to epic proportions and is...Read More

We’ve been pounding the table that the housing market has bottomed in the United States, and we received further evidence today with purchases of previously owned houses increasing 3.4% to an annual rate of 4.62 million.  The market is seeing larger purchases get done and is becoming less needy for all cash transactions.  Record low...Read More

This article points out just how different JP Morgan’s (JPM) approach to credit risk is versus its competitors.  Most of the large banks don’t have a CIO unit which attempts to hedge huge macroeconomic risks, and they certainly aren’t looking to do so using synthetic derivatives.  JP Morgan will learn from this and is a...Read More

I think Wells Fargo (WFC) is making the right move by attempting to double their asset management business within the next seven years.  Asset management is not a capital intensive business and it is very scalable so I’d expect the company to be able to increase profitability as it grows.  Wells Fargo also has the...Read More

New French President Francois Hollande is very much interested in changing Franco-German relations.  The current economic policy being instituted to deal with the European crisis is based almost 100% on austerity.  The leadership of German Chancellor Angela Merkel has been strong but I believe slightly misguided in that not enough has been done to boost...Read More