Tempur-Pedic (TPX) saw its stock get halved today after the specialty mattress maker forecasted a disappointing second quarter, and lowered earnings estimates for the year.  Temper-Pedic is facing increasing competition in the memory foam market where it has been dominant for years.  The company boast wonderful returns on invested capital and has been growing margins...Read More

Chesapeake Energy (CHK) is said to be discussing selling pipelines to Global Infrastructure Partners for more than $4 billion.  While I think this move is a positive if Chesapeake elects to go at it alone, I think they are selling a high quality asset that will produce solid cash flows for years at a fair...Read More

Meg Whitman has a big job on her hands revitalizing Hewlett Packard (HPQ).  I believe that she is up for the job and the opportunity is significant.  HPQ needs to realign their expense structure to deal with the current market environment which is pressuring many of their businesses.  I believe they should identify non-core businesses...Read More

http://seekingalpha.com/article/640441-one-man-s-opinion-on-a-european-solution INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

http://seekingalpha.com/article/639981-3-u-s-banks-with-divergence-of-business-and-stock-values INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

Analysts are ratcheting up the expected losses in JP Morgan’s CIO division.  This isn’t much of a surprise to me given the difficult market conditions and the types of trades that they were.  Even under this larger loss scenario the company is expected to post earnings of $.65 a share in the quarter.  Obviously JP...Read More

Amazingly the Japanese Topix is at the lowest level since 1983. While Japan’s economy has been struggling for the last two decades, this is more of a lesson on what happens when you invest in a bubble the size of Japan’s in the late mid to late 1980’s.  With stocks trading at just over .8...Read More

This was an interesting article on Pimco’s expectations for the future of Europe.  I agree with a lot of the stuff that they say and I will be posting my plan of attack to resolving the European crisis very soon.  Enjoy the below article: http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=145309.xml INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT...Read More

RIMM’s stock continues its March downward now reaching levels not seen since 2003.  It’s amazing to see how far the stock has fallen over such a short period of time.  This is really a big warning on consumer technology investing as things change so quickly that it is extremely difficult to forecast 3-5 years out....Read More

Nobel Prize winning economist Joseph Stiglitz said that the U.S. tax system needs an overhaul to benefit wage earners versus speculators.  I agree with his semantics but disagree with his solution.  Speculation is akin to gambling, which is quite different from investment.  Investment creates jobs and ultimately is the biggest boon for wage earners.  Therefore...Read More