MaoXian.com -- Archive > November 30, 2004

One More Reason To Be Short the US Dollar

Hardee's has come out with something called the Monster Thickburger. Check out the relevant statistics below. Just like I said about the new monster SUV, I don't know what this means for the state of civilization, but I do know that I'm strangely attracted to it.

Posted on November 30, 2004 at 20:00, GMT

Stocks to Watch -- Tuesday, November 30

Posted on November 30, 2004 at 14:15, GMT

Chat Room Open from 8AM-9AM, Eastern Time

I'm not the kind of person who digs up old transcripts to show off how "right" I was at certain carefully selected times. People who do that have self-esteem issues, or are busy trying to make a buck off the innocent and naive. Visit our morning chat group if you want an honest conversation about trading and investing.

Posted on November 30, 2004 at 7:55, GMT

Chart of the Day -- Wm. Wrigley Jr., Monthly Chart

Wm. Wrigley Jr. Company is primarily engaged in manufacturing and marketing chewing gum and other confectionery products, both in the United States and abroad. Chewing gum and other confectionery products are manufactured in four factories in the United States and 11 factories in other countries.

WWY hit a new all-time high yesterday. Wrigley has about 80% of the worldwide market share for bubble gum, right? The stock was first traded publicly in 1919 and listed on the New York Stock Exchange in 1923. I wish I had the stock price data going back to the 1920s, but I don't. And never forget about the dividend income when looking at the price chart!

WWY, Monthly Chart

Posted on November 30, 2004 at 7:45, GMT

Best and Worst Performing Mid-Cap Stocks (last 4 weeks)

Best:

VISX Inc (EYE)
Up ~50% {laser vision correction}
Peabody Energy Corp (BTU)
Up ~29% {coal}
ITT Educational Services Inc (ESI)
Up ~28% {for-profit education}
Career Education Corp (CECO)
Up ~26% {for-profit education}
Crompton Corp (CK)
Up ~22% {polymer products and specialty products}

Worst:

Barnes & Noble Inc (BKS)
Down ~23% {book seller}
Claire's Stores Inc (CLE)
Down ~22% {specialty retailer of value-priced fashion accessories}
Dycom Industries Inc (DY)
Down ~16% {specialty contracting services to telecommunications providers}
McDATA Corp (MCDTA)
Down ~15% {storage network solutions}
Sotheby's Holdings Inc (BID)
Down ~15% {auctioneer}

Posted on November 30, 2004 at 7:35, GMT

Make No Predictions

Tips to keep income streaming in. Pay attention to Jean-Marie Eveillard and ignore the other three guys:

"I have no predictions. We are value investors, so the fact that equity markets throughout the world have gone up sharply over the past two years means that for us, the opportunities have shrunk. Short-term rates in the U.S. have been kept artificially low, so if you hold cash that's seen as losing a bit of money every day. That helps to explain why assets from stocks to real estate and commodities have gone up. On the surface things look good, but beneath, the imbalances are still there because it would have been too painful to correct them, even partially."

-- via VInvesting.com --

Posted on November 30, 2004 at 7:25, GMT

Dreman Likes DCX, BMY, and MRK

Dodging the Potholes by David Dreman:

"The Nasdaq 100 returned -12% annually over the past five years, 9 percentage points below the S&P 500 and 14 below the Barra 500 Value Index."

Do the comparisons over the last 25 years next time, David.

Posted on November 30, 2004 at 7:15, GMT

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