GM Doesn’t Need Money

By | Daily Report | No Comments

AP reports that General Motor’s (GM) CFO says they don’t need $2billions as cost cutting is bearing fruits. Quite interesting, and possibly a good sign for GM’s survival. But I think more than cost cutting, they need to have cutting edge car models and this cutting edge doesn’t mean high tech, but the models that will fit to the pockets and life style of the consumers of tomorrow. It’s not going to be the same world as it was few years back, and before oil reaches to the moon again (i don’t know when), they need to be ahead in…

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Berkshire Hathaway’s worst year, Buffet Speaks, Likes Long Term

By | Investment Strategy, US Market | No Comments

Berkshire Hathaway (BRK.A) had its worst year on record, Chairman Warren Buffet told shareholders Saturday that the economy would remain in “shambles” during 2009 and beyond. His 22 page annual letter is full of wisdom nuggets. Also you may wanna read the annual report. Though I am capturing key points per my understanding, I shall encourage my readers to read the full letter as it offers valuable insights. Berkshire Hathaway profits dropped 96%. The per-share book value of both Class A and Class B shares of Berkshire fell 9.6%. For beginners, Berkshire Hathaway has produced a compounded annual gain in…

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Is Berkshire in Trouble?

By | Investment Strategy, Market Psychology, US Market, Worldwide Markets | No Comments

This 2 part series will cover recent market developments about Berkshire Hathaway, points to a strategy on how you may benefit more on the same trades he did recently and an option trading strategy that probably Berkshire uses for maximizing it returns on the underlying they find worth investing. Don’t forget to read the big picture of US stock markets. Markets are behaving pretty much that way. I am opening December portfolios for OPNewsletter, to join, pls click here. Before I proceed, I must mention that I admire Mr Buffett’s skills. I got an opportunity to meet-up face to face with…

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A Terrible, and A Fantastic Week

By | Investment Strategy, OP Forum, OP Newsletter, Option Trading, Past Performance, Trade Ideas, US Market | No Comments

It was a terrible week for U.S. stocks and equally for almost every major stock markets worldwide. The Dow fell 157.47 points, or 1.5%, on Friday to close at 10,325.38, racking up a 7.3% drop for the week. The Nasdaq Composite Index fell 29.33 points, or 1.5%, on Friday to close at 1,947.39 and lost 10.8% for the week. The broader Standard & Poor’s 500 Index dropped 15.05 points, or 1.4%, on Friday, ending the day at 1,099.23. For the week, the index was down 9.4% for the week. But all this shouldn’t come as a major suprise to OPNewsletter subscribers especially…

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The Week Ahead

By | Daily Report, US Market | No Comments

If you are looking for a qick list of the stock showing gapping activity, here is a list for both up and down: Gapping Up: CALM, DRYS, AAPL, APPX, BCE, FXI Gapping Down: TEVA, GSK, BHP, GLD AAUK, DIS, MRK, MI, ABX, APKT Most of the Asian markets closed higher. Particularly China , Hong Kong and Japan, all recorded some nice gains. US futures are pointing to a neutral to green opening. Oil and Gold futures are easing off. Market moods are indecisive so I shall take care before going long. There is no major economic news expected this week…

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