Day

July 25, 2012
Apple (AAPL) reported disappointing earnings yesterday primarily due to lower iPhone sales than what were expected.  This really wasn’t that much of a surprise as many iPhone lovers are waiting for the next model.  iPad sales numbers were extremely encouraging and it is amazing to see a company become so overwhelmingly dominant, on so many...
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New home sales were disappointing today at a 350,000 annual rate which missed expectations for 372,000.  I can’t say I’m shocked to see these numbers as it is obvious that the economy has slowed down a bit particularly in the area of job growth.  One of the problems that led to disappointing numbers actually could...
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http://seekingalpha.com/article/746221-regions-financial-low-cost-deposit-franchise-for-a-bargain-price INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.
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Greenlight Capital’s David Einhorn released his shareholder letter which is one of the best ones out there.  He talks about his investments in the managed health care sector, and some of his dispositions.  Einhorn runs an excellent investment operation with both a short and long term portfolio which really helps smooth out tough market conditions,...
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