MaoXian.com -- Archive > November 18, 2004

No Stocks to Watch

Oops, sorry guys... I spaced the Early Movers feature today.

Posted on November 18, 2004 at 14:15, GMT

Chat Room Open from 8AM-9AM

Come by the chat room this morning if you get a chance. It's a great place to meet new people, ask the Chairman questions, complain about my poor grammar, etc.

Posted on November 18, 2004 at 8:35, GMT

Chart of the Day -- Danaher, Monthly Chart

DHR closed at a new all-time high yesterday. Danaher's website is very nicely done, for what it's worth. You'd be surprised how many bad investments you can avoid just by visiting the company's website.

DHR, Monthly Chart

Posted on November 18, 2004 at 8:25, GMT

Free Stock Screens

I had no idea that MSN Money offers a free resource called "Stock Power Searches." Check out their Technical Screens ("technical screens search for stocks based on patterns in their price or volume") and Fundamental Screens ("fundamental screens focus on sales, profits, and other business factors of the underlying companies"). The lists are static - it would be great if you could resort them by column - nevertheless it's a great resource.

Posted on November 18, 2004 at 8:15, GMT

Best and Worst Performing ETFs (last 52 weeks)

Every Thursday I feature the results from a scan of my ETF universe. Last Thursday I listed the best and worst performers over the last 4 weeks. Today I'm posting the list of the best and worst performers over the last 52 weeks:

Best:

iShares MSCI Austria Index (EWO) - Up ~71%
Internet HOLDRs Trust (HHH) - Up ~55%
Energy Select Sector SPDR (XLE) - Up ~51%
iShares MSCI Belgium Index (EWK) - Up ~51%
iShares Dow Jones US Energy (IYE) - Up ~50%

Worst:

Semiconductor HOLDRs Trust (SMH) - Down ~18%
iShares Goldman Sachs Semiconductor (IGW) - Down ~13%
Pharmaceutical HOLDRs Trust (PPH) - Down ~5%
iShares Lehman 1-3 Year Treasury Bond (SHY) - Up ~2%
Health Care Select Sect SPDR (XLV) - Up ~3%

Posted on November 18, 2004 at 7:55, GMT

Instinet For Sale

Owner of Big Electronic Stock Trading System Is Said to Be for Sale, by Jenny Anderson:

"Archipelago Holdings, which runs the ArcaEx stock exchange, now controls almost a fifth of the volume in Nasdaq traded securities, and went public in August, raising $126.5 million. Archipelago Holdings now has a market capitalization of about $848 million, making it a likely suitor for the E.C.N.

Instinet was once considered the Goliath in the electronic trading world. Two years ago, Instinet Group bought Island E.C.N., which had supplanted Instinet as the fastest and most efficient electronic trading network. But the integration of the two companies proved challenging, and Instinet eventually split itself into two arms: Inet, which focuses on executing or completing trades, and Instinet, which is a broker-dealer for institutions."

Posted on November 18, 2004 at 7:45, GMT

Work Twice As Hard, Paid Half As Much

Hedge Funds: It's Still a Man's World, by Amey Stone:

"... Chilton doesn't have a mission to hire a lot of women. The high percentage of women stems from the firm's practice of recruiting top students from business schools. 'We go out and hire the best people we find on campuses and try to groom, retain, and train them. We are the ultimate meritocracy.'"

Posted on November 18, 2004 at 7:35, GMT

Fair and Balanced Financial News

Murdoch plans summer launch of new financial channel, by Harry Berkowitz:

"Rupert Murdoch said Tuesday he expects to launch his new Fox business channel next summer and that it will be easy to compete against CNBC ... Although CNBC's ratings have dropped sharply since the stock market bubble burst, it is very profitable, attracting a prime audience for advertisers."

Posted on November 18, 2004 at 7:25, GMT

Fundamentalism

Excerpt from the Dictionary of Religions, edited by John Hinnells:

"What lies at the root of fundamentalism is the belief that absolute reliance on a completely reliable and assured holy book will provide the doctrines (for Protestants), the practices (for Muslims, who draw on Qur'an and Shari'a) and the stories and prescriptions (in Judaism devoted to literalist use of Torah) in which believers will find identity, authority and purpose. They become instruments of the divine to work out God's intentions in the world. The world is sharply divided between the parties of good and evil, and thus between God and Satan, or Christ and Antichrist, or Allah's people and the infidel or imperialist."

Posted on November 18, 2004 at 7:15, GMT

Previous Entry >>> 30-min. Crude Oil, PENN