Wednesday, March 2, 2011
iPad 2 has claimed its first victim
iPad 2 just did the same thing to ZAGG that Charlie Sheen plans to do to anyone who gets in his way: destroy them violently. Zagg makes protective coverings for phones and tablets. Today, Apple announced it has its own covering for its newest version of the iPad. The news sent ZAGG's price down 25%. Zagg needs to get some of that Tiger's Blood that is coursing through Charlie Sheen's veins.
Sunday, February 27, 2011
What is the real inflation rate?
Don't believe the official inflation rates published by governments around the world? Check out this project by MIT that tracks the prices of millions of goods around the world. It's pretty amazing.
Billion Prices Project
Billion Prices Project
Inflation Hedges
I stopped to fill up my tank today and the price of gas had jumped from $3.00 to $3.25+ in just a month. It made me wish i had done some of these inflation hedges that Phil at Phil's Stock World had mentioned around Christmas, specifically the gas inflation hedge:
http://seekingalpha.com/article/243574-4-inflation-hedges-for-2011
Some of these can be tweaked into very profitable trades still. However, I think the biggest thing to take away from this is that you can use this same thought process to help hedge yourself against any number of scenarios that are out of your control. Some of the trades mentioned in his article are up almost 1,000%. It's a good read and I suggest you go on and read some more of his articles as they are very informative and can deliver big results.
http://seekingalpha.com/article/243574-4-inflation-hedges-for-2011
Some of these can be tweaked into very profitable trades still. However, I think the biggest thing to take away from this is that you can use this same thought process to help hedge yourself against any number of scenarios that are out of your control. Some of the trades mentioned in his article are up almost 1,000%. It's a good read and I suggest you go on and read some more of his articles as they are very informative and can deliver big results.
Wednesday, February 23, 2011
Want a golf course?
For a million dollars one can be yours! Thats $55K/hole!
http://money.blogs.time.com/2011/02/23/what-to-do-with-all-the-foreclosed-country-clubs/
http://money.blogs.time.com/2011/02/23/what-to-do-with-all-the-foreclosed-country-clubs/
iPad 2 coming March 2
There was a flurry of rumors yesterday that helped beat down Apple's stock. First, there was the National Enquirer reporting that Steve Jobs only has 6 months to live. Then there was some Asian hedgefund saying that the iPad 2 was delayed until September. Fortunately, they were wrong about the iPad 2 as Apple announced that it will be unveiled on March 2.
As for Steve Jobs, he just demolished his house to build a new one. So obviously he is planning on sticking around longer than 6 months.
Apple to $500!
As for Steve Jobs, he just demolished his house to build a new one. So obviously he is planning on sticking around longer than 6 months.
Apple to $500!
Tuesday, February 22, 2011
HPQ Update
I wrote about HPQ previously here. It announced earnings today after the market closed. It's revenue came in under the analyst estimates and is down about 6% after hours. Tomorrow should be a good day to get in on a buy-write at an even better price!