Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Markets
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Monday Jan 23, 2012 Those clever profs at the University of Iowa have created their own Futures Market. Yep the Tipple College of Business will let you invest up to $500 to wager on real outcomes for real events. Here the current thinking on the various political races is on display. Wagers on Romney have dropped…
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Wed Dec 28, 2011 Natural Gas is at a decade low discount to crude oil. Coal is being regulated out of use by the Obama Administration. But the low prices of natural gas are making it a favored substitute over coal. And nat gas burns a lot cleaner than coal. Historic Comparison Nat Gas to…
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Friday Sept 23, 2011 No One Rings a Bell at the Bottom The FED hopes the lower rates will boost investment and spending and provide a shot of adrenaline to the beleaguered housing sector. Wall Street Journal, 9/22/11 The FED has been lowering rates for three years to no avail, and, gee, the market…
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Monday Sept 19, 2011 NFLX stock has collapsed-about 50% in two months. I have mentioned it as a high flyer on the markets blog. Remember this, stocks go up because there are more buyers than sellers, it is just that simple. And with the concentration of buying in hedge funds, all buying the same few…
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Friday Sept 16, 2011 The Grinch Arrives Early The devious, anti-holiday spirit of the character has led to the name "Grinch" becoming a term used to describe a person opposed to Christmas time celebrations or to someone with a coarse, greedy attitude. Dr. Seuss creation, The Grinch Seasonally the stock market usually makes…
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Monday Sept 12, 2011 An alert TAMU SA student brought this article on McGraw Hill to my attention. Please read it as we will discuss this in class. Why did the shareholders want it to split to four companies? Why did MH say two was the right number? How does splitting the company result in…
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wed Sept 7, 2011 While we can debate the best calls here or what is truly useful, the clear winner in the worst call so far was my suggestion last year to purchase UUP, a bet on the US Dollar. The same bet on TLT paid off very well this year and we hope that…
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Friday August 26, 2011 That's what Retama Park Race Track needs to meet its debt payment this next Thursday. And the deal with a hedge fund to borrow the money just fell through. Sop another deal is on the front burner but.. We study accounting to make sense of financial statements. All my life, supporters of race…
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Thursday May 12, 2011 I sold my 300 shares of ZSL at 21.60 today. It looks like patterns on most silver stocks are bottoming. We are not initiating any sliver or gold positions yet. Again the markets are in transition, this is not an ideal time to be putting on investment strategies. It…
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Sunday Jan 31, 2011 The Correction Gets a Foothold We titled last weekend’s update ‘Correction Under Way.’ We showed that five waves appeared to be complete from our buy signal at the July lows. We also showed that the Summation Index for the New York Stock Exchange was decidedly lower indicating reduced market participation in…