Current Financial News

Mosaic Company (MOS) already up 11% today

You can only beat down Mosaic Company (NYSE:MOS) and companies like Postash Corp. (NYSE:POT) for so long before all the wonderful analyst support actually helps the stock.  Long live fertilizer/potash business and the world's ambition to eat better.

Remember Steve Madden (SHOO)? brings up a stock we almost forgot about at the Masters, good ol' Steve Madden Ltd. (Nasdaq:SHOO).  Shares are trading at $20, down -26% in the last month but still positive YTD by less than 1%, still something to look into.

Bank of America reports Monday (10/20)

BOFA FEARBank of America (NYSE:BAC) reports on Monday and with all the recent activity, do you run, or do you hide?

OPEC Baby Pants moves up Meeting

I want my $2 - Better Off DeadOPEC is moving up their meeting to Oct 24th because they don't want to lose any more money.  Exactly why the DUG makes so much sense, because for the OPEC bullies, they want their $2 dollars.

Oil stocks are getting crushed, we talked this up last Friday.  Sure Monday the UltraShort Oil & Gas ProShares (AMEX:DUG) fell, but if you bought on Tuesday you'd already be up 44%+, that's what we call a...


Google (GOOG) could rally the market

But if Google (NASDAQ:GOOG) can't beat the street, look out below.  Just about all of us at the Masters have owned GOOG at one time, now its trading near $300 and its 52-week low.  The earnings call comes after the closing bell, so do you have the guts to buy before the call?

Remember Visa (V)?

Visa (NYSE:V) holds the title for largest IPO ever, surpassing the $11 billion record held by AT&T (T).  Shares of Visa ran from the start, all the way up to $89 in less than 3 months.  Today, the shares have pulled back, way back, trading at just levels not seen since the IPO at $50 a share.

The Black SwanInvestors advised by "Black Swan'' author Nassim Taleb are up 50%+ this year.  The secret? Buying out-of-the-money options on puts and calls. Taleb's outlook: We would like society to lock up quantitative risk managers before they cause more damage.

Dirty HarryAnalysts surveyed by Thomson Reuters expect Google (NASDAQ:GOOG) to report income of $4.79 per share on $4.05 billion in revenue.  Is that really reasonable?  There's a reason why Google doesn't give a guidance and Wall Street always expects too much from them, so when will this change? Why are the analysts allowed to be the Dirty Harry's of speculation, with no regulation?

Masters, passing on a great article from Why The Price Dividend Ratio Is Better Than PE Ratio. We were trading at a higher PE ratio as early as last year, than the top in 1929 but dividends have increased a healthy 11.7% from a year ago.