6/2/08

Economics

More on oil prices:

http://dallasfed.org/research/eclett/2008/el0805.html

And the affordability of housing:

http://mjperry.blogspot.com/2008/05/housing-affordabilty-remains-high-in.html

And cap and trade:

http://jewishworldreview.com/cols/will060108.php3

Bill Gross on inflation:

http://bigpicture.typepad.com/comments/2008/06/video-2.html

The absurdity of the Farm Bill and a windfall profits tax on oil:

http://mjperry.blogspot.com/2008/06/windfall-profits-for-big-food-wheres.html

Politics

Domestic

International War Against Radical Islam

An observation from Victor Hanson:

http://corner.nationalreview.com/post/?q=OTc1ZjZkMjY1OTBhMWRhYWZkMGRiYjAyYWIwYTQ0ZGE=

The Market

Technical

Fundamental

Subscriber Alert

The stock price of Federated Investors (FII-$37) has risen above the upper boundary of its Buy Value Range. Accordingly, it is being Removed from the Dividend Growth Buy List. The Dividend Growth Portfolio will continue to Hold FII.

http://finance.yahoo.com/q?s=FII

CNBC Million Dollar Portfolio Challenge

Portfolio 1 (82.5%): Sold: none

Bought: none

Positions: Automatic Data Products, McDonalds, CR Bard, T Rowe Price

Portfolio 2 (86.6%) : Sold: Blackrock

Bought: Franklin Resources

Positions: Franklin Resources Ecolabs, Nokia, Luxottica

Portfolio 3 (92.3%): Sold: Best Buy, 3M,

Bought: Walmart, ExxonMobil

Positions: Walmart, ExxonMobil, Clorox, Landstar

Portfolio 4 (76.2%): Sold: Landstar

Bought: XTO Energy

Positions: Home Depot, State Street, XTO Energy, Nokia

News on Stocks in Our Portfolios

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