The Money Runner
Russia / China – The Great Wall of Worry
By David Nelson, CFA Markets in the U.S. will likely face their biggest test this year over the next couple of months. There are two dynamics investors will be forced to confront as we head into spring. First of course is the ongoing crisis in the Ukraine with governments and investors trying to decipher Putin’s […]
Mt. Gox Collapse – Now Bitcoin Bank Flexcoin Robbed
By David Nelson, CFA Reuters is reporting that Bitcoin bank Flexcoin is shutting down after being robbed of about $600,000 by hackers. Flexoin, based in Canada is working with authorities to return coins held in cold storage. The term refers to computers not connected to the internet and therefore can’t be hacked. In a tweet following Mt. Gox’s […]
Russian Invasion – 4 Questions Investors Are Asking
By David Nelson, CFA I said earlier this year during a CNBC interview “one of the things that keeps me up at night are the events I can’t quantify. Among those are military conflict and political unrest.” Well, we certainly got that as we headed into the close Friday with reports coming out of the […]
S&P 500 – “Back in Black”
By David Nelson, CFA After markets ended January in the red, February put on one of the best performances since early last year. The 4% move in the S&P is even more impressive when you consider right out of the gate we took a 300 point plunge in the Dow on the heels of weak […]
Shareholders – Stand Up And Be Counted
By David Nelson, CFA Once again corporate raider and white knight Carl Icahn has launched an attack on the status quo. His latest battle, which pits him against board members and the management of eBay, shines a spotlight on a part of corporate America few get to see from the inside. Perhaps Gordon Gekko said […]
Facebook (FB) – The Greater Fool?
By David Nelson, CFA It’s going to be pretty hard to come up with any metric that could justify Facebook’s (FB) acquisition of messaging start up WhatsApp at a cost of $16 Billion. The outlay consists of $4 Billion in cash, 184 million (FB) shares with a value of approximately $12 Billion. Additionally there is […]
SNOW & ICE HEAT UP THE MARKET
By David Nelson, CFA After taking a standing 8 count in January, U.S markets have battled back close to break-even for the year. Europe is in the green and some countries like Egypt have had explosive moves higher. If you asked professional investors at the start of the year which part of the world would […]
Thomson Reuters (TRI) – Earnings & Products Miss Expectations!
By David Nelson, CFA On Wednesday Thomson Reuters (TRI) reported earnings that missed consensus. Guidance was also below expectations so it’s understandable the stock was hit hard yesterday. Analysts who remain bullish on the company point to their flagship product EIKON, which is supposed to take back market share lost in recent years. The EIKON […]
