Short covering rallys are similar to perpetual motion, as they are known and can be described, but no one REALLY knows for certain their existence. The good news is that just as perpetual motion can be described, so can a short…
With the constant Facebook/Social media discussions as of late, we ran across this earlier this week and thought it interesting for a light, non-market, mid-week view. Astonishing stats ! I had never even heard of Orkut (#2 daily visits), bet our…
After many acknowledgements of a tough tax season, both from our side of the fence, investment tax reporting vendors, and CPA professional filing side, the IRS has also inferred that the new tax reporting was a bit tougher than expected for them as…
You are at the airport and a guy is riding up a long escalator with a Yo-Yo. The stranger slowly rides up the steps one at a time, for a slow, but ascending move over the long-term. However, there is this silly Yo-Yo in…
Today the 10 year treasury hit an all time low of 1.62% as of just a few minutes ago. Contrary to the confident headlines you may read tomorrow, the reasons for this are various, possibly cumulative, and no one knows with certainty.…
A memory of a coach telling us as players, “If you dance in the end zone, you better be able to back it up” comes to mind with Facebook, especially given the events that have occurred over the last few business days. While many…
This coming Monday, Memorial Day, is the national holiday honoring and in memory of those in the armed forces who work so hard to allow the rest of us to enjoy the safety and lifestyle we have today. With a nephew and…
The mysterious and somewhat confusing IRS form 5498 is now available electronically and may soon be making its voyage to your mailbox. This tax form is one of the most confusing forms for everyone as it appears to come late…
On Friday the much awaited Facebook IPO began trading. With a storm of issues surrounded this initial offering, it appears that fundamentals overwhelmed hype, which is not always the case. I happened to be with a group of multiple professional investors…
With summer brings vacation, the fun, family, travel AND a few associated expenses. In a special light-hearted, headed into the weekend post, we thought we would stray from the icky heavy market talk briefly for some brighter, fun ideas for the…
