What CEOs will do with the cash – You’re not going to like it
By David Nelson, CFA While it may feel like the Trump Rally has exploded out of control we’re still at levels we’ve been flirting with since the dog days of summer. The S&P 500 (SPY) is up a little less than 2% from Election Day. The real story has been the rotation in and out […]
The Wall Street Movie Release Indicator Exposed!
By David Nelson, CFA In the last couple of weeks talking heads have come up with some very novel ways to predict the next market crash or downturn. Ranking right at the top in popularity is; “The Wall Street Movie Release Indicator.” With charts and pictures of your favorite actors and movie posters, disciples of […]
2014 – Why the Ride Isn’t Over!
By David Nelson, CFA Gordon Gekko – “This is your wakeup call pal. Go to work.” It’s 6:30 am Wednesday, January 1st 2014 and I can’t get my mind off Gekko’s call to Bud Fox in the movie “Wall Street.” Obviously, I didn’t make it to Times Square last night, so I decided to start […]
Freeport (FCX) CEO Adkerson Gets the Gold & Shareholders Get the Shaft
It’s only been a year since the board and management of Freeport McMoRan (FCX) launched a self-serving deal that lined the pockets of insiders while losing $Billions in market cap for shareholders. Here they are once again pushing the envelope on greed and incompetence. Yesterday the company awarded CEO Richard Adkerson 1 million restricted stock […]