10/6/08

Economics

Recent Data

Other

The final chapter on the demise of Lehman Bros has yet to be written. The more information we have the more it looks like it will have an ugly ending:

http://bigpicture.typepad.com/comments/2008/10/did-jpm-cash-ca.html

This is good news:

http://www.marketwatch.com/news/story/bank-america-84-bln-settlement/story.aspx?guid=%7BB11B5371-8243-47C9-90D1-8D59D52324F6%7D&dist=hpts

Some humor for what it looks like will otherwise be a dismal morning:

http://www.clubforgrowth.org/2008/10/saturday_night_live_on_the_bai.php

http://mjperry.blogspot.com/2008/10/tina-fey-as-sarah-palin-nails-it-again.html

Politics

Domestic

McCain on Fannie Mae/Freddie Mac:

http://hughhewitt.townhall.com/blog/g/5378e38c-b4f1-4d4a-9162-774fa9c7101a

International War Against Radical Islam

The Market

Technical

Eye candy on the percentage of stocks above their 50 moving average:

http://bespokeinvest.typepad.com/bespoke/2008/10/percentage-of-s.html

Barry Ridholtz view of where the S&P might bounce:

http://bigpicture.typepad.com/comments/2008/10/sp-500-review.html

Technical summary of last week’s pin action:

http://traderfeed.blogspot.com/2008/10/indicator-update-for-october-6th.html

More on volatility:

http://traderfeed.blogspot.com/2008/10/stock-market-volatility-historical.html

And even more:

http://econompicdata.blogspot.com/2008/10/anything-ive-ever-done-that-ultimately.html

Fundamental

Based on the price action on Friday, I want to sell bits of some of our holdings today. However, based on what looks like a big down opening, I am waiting to see if we get any kind of rebound. I will be back in touch if our Portfolio do any selling.

Cramer on the carnage:

http://www.thestreet.com/p/_htmlrmd/rmoney/jimcramerblog/10440481.html

News on Stocks in Our Portfolios

Positive comments on McDonalds (Dividend Growth Portfolio):

http://www.zacks.com/rank/zcommentary/?id=8782

Positive comments on many of our stocks:

http://seekingalpha.com/article/98516-25-cash-cows-to-ride-out-the-storm-barron-s?source=front_page_most_popular_articles

More Cash in Investors’ Hands