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Entries from July 2008

“Bull Market Stocks” Perk Up

July 31st, 2008 · No Comments · Cabot, Charts, Growth Investing, Stocks

While they don’t offer anything revolutionary, I’ve always been interested in what we at Cabot call “bull market stocks”–those companies whose businesses are directly tied to the fortunes of Wall Street.  Thus, in a bull market, their sales and earnings are almost guaranteed to grow dramatically … in a bull market, that is.  Examples include [...]

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A Figment of the Bulls' Imagination
Bullish Investor Sentiment Rises, But...
BULLISH SENTIMENT SURGES NEAR JANUARY HIGH
Read more on Bull market, BlackRock at Wikinvest

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Conviction or Stubbornness?

July 30th, 2008 · No Comments · Charts, Growth Investing, Stocks

We admire people with the courage of their convictions, those who know their own minds and don’t waver.  We think of the stick-to-it spirit as a sign of character, and it’s a good thing to be called tenacious, persistent, tough, steady or steadfast.
A good thing, that is, if you’re not a growth stock investor.
The rules [...]

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Bottom Fishing with Financials

July 29th, 2008 · No Comments · Charts, Investing, Stocks

With the financial stocks shrugging off a huge share offering from Merrill Lynch today, I wanted to touch on the group. Should you buy? Sell? Short?
I have no official recommendation—all I can say is that the sector remains in a downtrend by our measures. But I will also point out that the best financial [...]

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How Are Home Prices Affecting You?

July 29th, 2008 · 5 Comments · Economy

Housing prices dropped by the biggest rate ever in May, down 15.8% compared with a year ago, according to Standard & Poor’s/Case-Shiller 20-city index. The 10-city index dropped 16.9%, the steepest decline in its 21-year history.
Nine cities posted records lows in May–Las Vegas, Miami, Phoenix, Los Angeles, San Diego, San Francisco, Seattle, Wash., Portland, Ore., [...]

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CHRISTOPHER THORNBERG: DOUBLE DIP IS COMING IN 2011
CHART OF THE DAY: ARE HOME PRICES FALLING AGAIN?
Even the Dead Cats Aren't Bouncing
Read more on U.S. Housing Market at Wikinvest

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Two Ways to Play It

July 28th, 2008 · No Comments · Cabot, Economy, Growth Investing, Stocks

When everyone thinks alike, the market has a way of proving them wrong.  After all investors have bought, the sellers eventually take control.  After you’re #1, there’s only one way to go.  That’s one reason the dollar, which you might view as a proxy for the value of the U.S., is down.  It was previously [...]

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