Archive for September, 2008
Saturday, September 20th, 2008
What a week!
We a truly living in interesting (financial) times.
The US Treasury and The Federal Reserve Bank took massive actions this week in order to stabilize the US financial system. Congress is expected to pass a bill next week which would allow for further, more radical intervention.
Interestingly enough, this ...
Posted in Misc. | No Comments »
Wednesday, September 17th, 2008
On a day when the market is scared to death, and people are screaming that the end is nigh, Nvidia (NASDAQ:NVDA) was up 4.28%. This was on no real news. Nvidia has fallen from its 52 week high of $39.67 to a recent $8.80. It closed today at ...
Posted in Stocks, investing | No Comments »
Tuesday, September 16th, 2008
So goes oil, so goes the airlines.
As oil continues to drop, the airline stocks have been on an absolute tear. This is in contrast to the overall market which has been generally miserable.
At the time of this writing:
Delta Airlines (NYSE:DAL) is up 24% today and up 79% in the ...
Posted in Stocks, investing | No Comments »
Tuesday, September 16th, 2008
Credit default swaps (CDS) have been in the news a lot lately. Most recently, they have been featured prominently in the trouble effecting American International Group (AIG).
What is a credit default swap? A credit default swap is a type of credit derivative, meaning its value is derived from ...
Posted in Investments, investing | No Comments »
Monday, September 15th, 2008
Photo Credit: Lifehacker
Co-workers stealing your food? Fight back with food camouflage! Spots on the outside of the bag make the contents look moldy, so thieves skip your food.
The only thing you have to worry about is someone chunking it thinking that its old.
(via Lifehacker, via skforlee)
Posted in Food, hacks | No Comments »
Wednesday, September 10th, 2008
According to an article in today's Wall Street Journal, big credit card companies are ramping up collection efforts on their credit card portfolios. Citigroup has hired a number of new collectors and have increased the frequency of calls to delinquent account holders. American Express is offering to cut interest ...
Posted in Banking, Credit Cards, Economy | No Comments »
Wednesday, September 3rd, 2008
Even if you make hundreds of trades per year, the IRS may not consider you a "trader" for tax purposes. This is according to an article in today's Wall Street Journal titled: "Think You're A Trader? IRS May Disagree."It details a Florida couple who formed a trading company and performed ...
Posted in Misc. | No Comments »
