Ernie Montague

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Wall Street Breakfast: Must-Know News

GM has needed to drop models for decades. Now that it is inches from bankruptcy, it finally does. Good management LOL.
Dec 18 09:55 am |Rating: +3 0 |Link to Comment |View article
A 'Justifiable' Time to Be More Exposed Than Normal to Equities

Just don't allocate money you can't afford to lose. The turbulence in the market is FAR from over.
Jan 07 10:27 am |Rating: +2 -1 |Link to Comment |View article
U.S. Oil Supply: Drilling Down to the Facts

Fred you ARE the leading academic energy economist in the world, and I am the best motorcycle racer in the world!! We deserve recognition.
Dec 17 10:09 am |Rating: +2 0 |Link to Comment |View article
Global Markets, Meet President Obama. Now What?

While I voted for Obama, to avoid a McCain who has become a werewolf and his zombie barbie doll vice president, I do hope that folks realize nothing substantive is going to change in the next four years. We are still dealing with the execrable policies and decisions of the Bush administration, and will be paying for them for decades.

Neo cons have destroyed the Republican Party, hopefully this will be a wake up call.
Nov 05 10:23 am |Rating: +2 -6 |Link to Comment |View article
Fed's Decision Helps Create Worst Case Scenario for the Dollar

Good points, though the cut is really intended to try and get credit moviing, no doubt on that. As to the auto workers and their healthcare, that is over. I suspect in five years there won't be ANY US autoworkers with a substantial healthcare package.
Dec 17 09:18 am |Rating: 0 0 |Link to Comment |View article
Saudis Try to Re-Invent the Internal Combustion Engine

What giant new fields? They have one giant field, aging Ghawar, and a host of smaller ones that have not shown to be anywhere near as productive as anticipated.
Dec 10 11:08 am |Rating: 0 -1 |Link to Comment |View article
Reasons to Give Thanks for Capitalism

Well, actually it is a bit more complicated. The number of birds that are thrown out after Thanksgiving is staggering.
Nov 26 12:47 pm |Rating: 0 -2 |Link to Comment |View article
Wall Street, R.I.P. Now What?

I guess all those Phds at Goldman must have skipped a few classes.
Sep 22 10:39 am |Rating: 0 0 |Link to Comment |View article
High Dividend Stocks and Preferreds Soar

I wish I had bought NRO at 5.50 two days ago LOL
Sep 19 16:28 pm |Rating: 0 0 |Link to Comment |View article
The Next Bubble

Wow, some of you are living in a dream world. Hedge funds made 20% returns for years because mutuals generally did not hedge, by law.

Currently hedge funds are doing VERY poorly. The problem with any type of fund is that when a few are doing it, it works, When everyone is, nobody makes any money, hedge fund or not. Why? Because the once everyone targets the same stocks, they are quickly played out. The black box boys are hurting bad this year.

Here you go:

news.moneycentral.msn....
Sep 12 10:40 am |Rating: 0 0 |Link to Comment |View article
Exxon Shareholders Suffer a Windfall Loss of 13.7%

I agree. We should also windfall tax Ford, GM, all the insurance companies and every hedge fund, in fact every stock out there, as they all benefit in some way from gubmint interference. In fact let's take them over and nationalize everything and appoint a committe to run them.
Aug 31 11:49 am |Rating: 0 0 |Link to Comment |View article
Energy Firms Should Look to U.S. Shale - Barron's

Shale oil is truly the energy of last resort. The difficulty of extraction is sky high, and the environmental degradation is mindless and huge. At some point will people stop, look at the planet, and ask: "How much of the skin of the planet can we destroy before it no longer supports life?"
Aug 31 11:25 am |Rating: 0 0 |Link to Comment |View article
False Data Clobbers the Markets

Let's see.. Rumors about Apple have cut $30 from the share value. That translates to: I bought this perennial loser at the highest it has ever been and am waiting for a miracle.

Plenty of oil: Sure is. Getting it out of the ground is the problem. Ever try to suck oil out of sandstone closed pockets?

China is not a risk. China is building freeways for 200 million cars. If one third that number fills them......... That will add another SIX MILLION barrels a day of consumption, which everyone admits is not currently possible.

O, Inflation. The dollar is in tatters. The current free money policies have destroyed it.
Aug 30 11:12 am |Rating: 0 0 |Link to Comment |View article
Spreading Oil and Natural Gas: A Post-Labor Day Plan

In ten years NG will be the primary energy source in the US. Probably. Or not. Today there is a huge oversupply. You want to be on energy, go ahead. Just remember that is what it is. A bet. Nothing more, nothing less.
Aug 30 10:28 am |Rating: 0 0 |Link to Comment |View article
Ominous for the Globe but Good News for Oil Bulls

cjwirth wrote a good bit. The guy who thinks Hitler replaced oil needs to read some history about why Rommel lost in North Africa. Germany did not have enough oil to run their tanks or planes.

Shale oil? Hello. Do some research on what is involved. It's not shale oil, it's soft rock with some petroleum in it. It's NOT OIL. Oil sands? Any idea how much water and energy THAT takes?

Coal? Wake up to one fact. The US and world economy is completely dependent on OIL. A shortage slows the economy. Coal is not oil. The infrastructure to liquify it does not exist. You can not run cars on coal.

15-20 years and we are energy independent? "Dreaming, I am always dreaming." Try 40-60. The infrastructure of alternatives that will replace the current oil based infrastructure is HUGE HUGE HUGE.

Don't look for oil usage to disappear. It won't. Look for a gradual transition if we are lucky and worldwide depression if we are not. Sell that SUV.
Aug 30 10:12 am |Rating: 0 0 |Link to Comment |View article

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Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
The Macro View - Sample Seeking Alpha - The Macro View Market Outlook An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Oil Price Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning Oil Down 48% from Highs by Bespoke Investment Group Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon Economy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
Investing Ideas - Sample Seeking Alpha - Investing Ideas Cramer's Picks Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham Long Ideas Utilities Beginning to Generate Interest for Longs by Joe Kunkle The Long Case for Encore Capital by Value Investor Insight 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan Two Global Infrastructure Investment Opportunities in ETFs by Investment U Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham Short Ideas Why Short Sellers Are the Heroes of Wall Street by Investment U Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger Email continues...
Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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Stocks & Sectors - Sample Seeking Alpha - Stocks & Sectors Internet eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman Is Google Feeling Lucky? by Sam Gustin Why Today Could Suck for Tech by Kevin Maney Media A Triple Financial Whammy Afflicts Newspapers by Ken Doctor Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld How Will Arbitron Fare in This Market? by Sreeni Meka Telecom Ten Ways to Invest in Louisiana by Stockerblog Earnings Preview: Electro-Optical Engineering by theflyonthewall.com Shared Docks Via WiFi All the Rage by Dean Bubley Financial Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson Reality Bites As Stocks Continue To Collapse by The Mole LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald Email continues...
Global Markets - Sample Seeking Alpha - Global Markets China An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript Perfect World Announces Share Repurchase Program by Trader Mark China: Hot Money Inflows Down, Nervousness Up by Michael Pettis India Indian Economy Has Much to Cheer About by Equitymaster India: RBI Cuts Cash Reserve Ratio by Equitymaster India: Markets Continue Downward by Equitymaster Japan Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media Asia Four International Dividend Stocks to Watch by David Hunkar Eastern Europe Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
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The Daily Dispatch - Sample Seeking Alpha - Daily Dispatch Wall Street Breakfast Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby US Market An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Housing & Real Estate Too Early To Buy Homebuilders ETF by Larry MacDonald Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono Transcripts TrueBlue, Inc. Q3 2008 Earnings Call Transcript Polycom, Inc. Q3 2008 Earnings Call Transcript ETF Too Early To Buy Homebuilders ETF by Larry MacDonald
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