Skip to main content

Dow back to 13000

Looks like markets are steadily marching upwards and should touch 13000 by end of May (could come as early as this week).

Most investors are feeling that worst may be over for financials and hence willing to make small investments. There could be few bumps along the way (similar to Jan or Mar) but in general, markets are heading higher for few months now.

Fed would be having their last rate cut this week (by 25 basis points) before it takes a pause.

Microsoft and Yahoo entering into final end-game but I was surprised to find no action on Monday morning. If Microsoft starts proxy battle with $31, they are likely to lose it. If Steve Balmer wants to win this, he should offer $35 as final offer and start a proxy battle - there are very high chances (close to 80%) that with $35, he would win the proxy.

What's the reco for this week:

MGI (moneygram) - This stock is still trading around 1.5 to 1.6 and could be a good long-term value since I see moneygram booths in Lucky, Walmart and other places. Could give nice return of upto 50% within 12 months

Good luck

/Shyam

Comments

Anonymous said…
HEY go read DEN OF THIEVES

should be required reading for all MBA fuckes anyway... esp at UCB

they walk from yahoo and that POS instantly hits 22 flat

they can then make open market purchases

this is old school corporate stuff but i wouldn't put it past mr softy

PS now is great time to get short market

short spy stop at 141

this thing has pinged the 1400 line so many times and been unable to break

get ready son

PS got an gum
Anonymous said…
PPS

Why do you even bother to write this turd anymore???

ABK and MBI were terrible and anyone who took your advice got chopped in half

NCC again very very bad

WM... well that POS has yet to see the day of reckoning but give it time, maybe 1-2 q's

you smarter than my man Warren or what

sell that UYG today

PS i think your man Dennis Kneale has been shit canned from CNBC

ppppssss dont like the direct short

write a front month bear call spread 141-142

juicy shorts also on jewlery stores and perhaps SHLD

but hey what do i know im just a CS student and am not even an MBA student

Popular posts from this blog

2025 = Is it going to be 1997 or 2000?

Happy Holidays... After 5 months of hibernation with no real reason than writing block, I decided to use quiet morning of Christmas day to start writing again. Lot has happened in last 5 months - in particular release of Animal Spirits with Fed starting interest rate reduction cycle and historic victory of President Trump for 2nd term. As the year turns into 2025 and stock markets at all time high, one would wonder, what's next?  To answer this, one needs to look back at 1920s and 1990s to give us some context on where markets may be headed. 1920s saw invention of televisions, radio, wider adoption of cars, vacuums, penicillin and many other which we consider household items now. These inventions created roaring 20s with markets going up by 500% eventually leading to crash of 1929. However during mid-20s, markets keep going up due to excitement of these inventions and end of World War-1 and Spanish Flu Pandemic. 1990s also saw many inventions - the key being launch of Netscape in 1...

Elections and Rotations!

2024 will be known as an important year in terms of elections (97 nations covering half the population) across the major countries in the world. We are only halfway thru the year and already some key nations have gone thru elections and voters have indicated their preference for change (in a way). Let's take a look at few. India - Modi's BJP started with lots of enthusiasm with slogans of "Modi ki Guarantee" and "400 paar" (more than 400) seats (out of 543). Indian voters (which I considered one of the most smartest) gave reality check to Modi and BJP by reducing BJP count to 240 (from 303 in previous parliament) forcing it to form coalition government. I have lot more detailed hypothesis on these results (but not here). Almost everyone (including me) got their predictions wrong and lost some friendly bets. Indians want balance between "Strong, Prosperous, Proud" India with "Inclusive, Employment and Harmony". Modi and BJP are quick learn...

The "i" factors are back again!

Happy Earth Day! In following Stotra, we remember Mother Earth every morning before touching feet to the ground. समुद्रवसने   देवि   पर्वतस्तनमण्डले   । विष्णुपत्नि   नमस्तुभ्यं   पादस्पर्शं   क्षमस्वमे   ॥ Samudra-Vasane Devi Parvata-Stana-Mannddale | Vissnnu-Patni Namas-Tubhyam Paada-Sparsham Kssamasva-Me || Meaning : 1:  (Oh Mother Earth) O  Devi , You Who have the  Ocean  as Your  Garments , and  Mountains  as Your  Bosom , 2:  O  Consort  of  Lord Vishnu ,  Salutations  to  You ; Please  Forgive my Touch  of the  Feet  (on Earth, which is Your Holy Body). (source: Green Message site) So let's make sure that we honor Earth every day and preserve her for millions of years..After all we have only ONE! It has been six weeks since I wrote about markets. During that time, markets reached all time highs (almost touching 5300) and down by 5% from those levels. W...