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Category: Stock Market Commentary

  • It’s that time of the year again when the stock market pundits make their forecasts for ever rising stock prices in the coming year. $96 oil, the housing and auto markets falling faster than the direst predictions, the consumer up to his eyeballs in debt and not likely to continue to be the engine of…

  •         These are my top stock picks for 2008.  Check out last year’s by clicking on stock market commentary in the categories and scrolling down to the magnificent seven.                                                 NIKE                 …

  • The CEO of Adobe Systems announced today that he was stepping down. Bruce Chizen has been with Adobe for 13 years and by all accounts did an excellent job. A trust in Chizen's name sold 189,000 shares of stock on November 1, 2007 at prices ranging from $46.90- $47.85.  The high for the year was…

  • Oil and the Euro hit all time highs today!   Gold hit a 27 year high today!   Google, Apple and the casino stocks hit all time highs this week!   The stock market, as measured by the DJIA, is near all time highs and the yield on the 30 year treasury bond is about 1/2% point from…

  •   Eventually all the pundits that try to jawbone the Fed to action will reap the negative results of a weakened Federal Reserve if the Fed is seen to be reactionary to the pressures of the outcries. The confidence of the business world which the Fed needs to maintain in order to function effectively, is…

  • Powershares are ETF's that use leverage and go either long or short.  An example would be the QID.  They are very liquid with a tremendous amount of activity and volume. At times, certain of these ETF"s can predict short term moves in the market. If a leveraged short ETF is up, while the underlying market…

  • In the 1970's and early 1980's Henry Kaufman was a managing Director at Salomon Brothers.  His interest rate and money supply forecasts moved markets. There were few other market moving indicators at the time and even fewer market gurus. This is no longer the case.  As more and more predictions were made, the frequency of…

  •                  Not a correction, not a bear market…When the Dow Jones, S&P, and NASDAQ were purring along on an upward climb from July of 2006 through February of 2007 the market was reacting to a positive set of circumstances, led by high corporate earnings. The fact that the markets have…

  • The S.E.C. announced today that they were investigating the major Wall Street wirehouses for informing hedge funds of large transactions the wirehouses were going to make on behalf of other clients i.e., mutual funds.  The hedge funds would then be able to profit from taking positions prior to their execution by the wirehouses. This is…

  •          1] Nike                          2] Goldman Sachs                    3] Google                    4] Las Vegas Sands                    5] Adobe           …

  • ESQUIRE INC. 5/18/82 Prepared by Robert Bender Phone: (212) 586-6300 Recent Price 14 3/4 P-E Ratio: 5X Div: $.68 Yield 4.6% Business Summary Esquire Inc. operates in three main business lines: education, lighting and music publishing. Subsidiaries in the education area are Allyn & Bacon, Globe Book, Modern Curriculum Press (publishing), and Coronet Instructional Media…