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Author: Michael Kahn

Here Comes Santa!

Here comes Santa Claus! Here comes Santa Claus! Right down Santa Claus Lane! (Gene Autry and Oakley Haldeman) Or for you modern day crooners, Here Comes Bernanke Claus. Everyone thinks Ben will fire up the sleigh, er, helicopter...

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This time it’s different

Uh oh, I said it! The dreaded “this time it’s different” phrase harking back to the the peaks of bubbles pasts when people ignored the basic principles of trading, analysis and the economy. This time it’s...

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Waiting…

In Quick Takes Pro this morning, I (mis) quoted Green Day – Wake Me Up When September Comes. I don’t have to tell you all that the market is waiting. Waiting for the Sun (Doors). Waiting on a Friend (Rolling Stones)....

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Dog Days of August

A note from a Quick Takes Pro subscriber got us talking about a theory I covered in Barron’s on several occasions over the years. Most people think August is a throw away month – very quiet with light activity. After...

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Priceline Follows the Negotiator

Priceline announced a crappy outlook and crashed 15% on the news. Perhaps Shatner had a rope around his waist when they shoved him off the cliff in his last ad for them. The company followed him into the abyss. OK, the company...

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When PIIGS fly

Thursday started with a bang as the ECB chief pledged the first born children of every German citizen to save the euro. Friday, the fun continued as the world was lovin’ itself some central bankers even though US economic...

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Sugar Rush

Sugar, ah honey honey You are my candy girl And you’ve got me wanting you. I just can’t believe the loveliness of loving you (I just can’t believe it’s true) I just can’t believe the one to love...

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Let it go, Ben

This from the Wall Street Journal this afternoon: Federal Reserve officials, impatient with the economy’s sluggish growth and high unemployment, are moving closer to taking new steps to spur activity and hiring. Since...

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Cheap is not always cheap

I’ve been watching stocks that break like Chipotle broke last week. You see stories right after the move saying they are a buy now. Why? Because the price is down and fundamentals have not really changed – yet. That...

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