tag:blogger.com,1999:blog-27626877583851162122023-06-21T00:16:42.217-04:00BonaSIMMFinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-2762687758385116212.post-13957836518839841622010-10-26T00:15:00.000-04:002010-10-26T00:15:33.883-04:00LMT: $3-Billion Stock Buyback Program May Lift Lockheed Martin Stock - Barrons.comLMT: $3-Billion Stock Buyback Program May Lift Lockheed Martin Stock - Barrons.com: "The world's largest defense contractor announced on Monday a stock buyback program worth up to $3 billion, which would entail repurchasing about 42 million of the company's 360 million shares outstanding at today's stock price. Lockheed Martin (ticker: LMT) also announced a quarterly-dividend increase last month FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-54400040387609179032009-11-18T16:27:00.000-05:002009-11-18T16:27:43.050-05:00Not a fan of technical analysis, but...Donchian Channel Interesting chart on AppleFinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-29680397347731129392009-11-11T17:19:00.000-05:002009-11-11T17:19:12.911-05:00Trading 201: Issue 2: The Basics of Technical IndicatorsTrading 201: Issue 2: The Basics of Technical Indicators: "Let's focus on the three tools that start my analysis of any market: Minor Highs and Lows, Fibonacci Levels and Trendlines."FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-85190991399504342492009-11-08T08:45:00.000-05:002009-11-08T08:45:43.583-05:00Bethany College Senior Managing $1M Fund - News, Sports, Jobs - The Intelligencer / Wheeling News-RegisterBethany College Senior Managing $1M Fund - News, Sports, Jobs - The Intelligencer / Wheeling News-Register: "'Never in my dreams did I think I would be able to manage real money as a college student,' Sofka, chief executive officer of the McCann Family Student Investment Fund, said. 'To take what we learn in the classroom and apply it like this is remarkable.'"Sounds like us :)FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-58914478177749931302009-11-04T17:25:00.001-05:002009-11-04T17:25:42.198-05:00Something Smells Funny About Shale Gas (CHK, UNG)Something Smells Funny About Shale Gas (CHK, UNG): More on Chesapeake"Yet despite all the shale excitement, some industry observers believe the prospects are being over-hyped and that potential shale gas resources are overestimated. There's been a heated back and forth between the believers and non-believers, to the extent that some shale critics now accuse shale interests (Big Shale?) of FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-47358879699068327142009-11-03T14:50:00.000-05:002009-11-03T14:50:19.947-05:00Chesapeake: Natural Gas Will Rally As Production Falls Through 2010 (CHK, UNG)Chesapeake: Natural Gas Will Rally As Production Falls Through 2010 (CHK, UNG): "On its conference call today, natural gas producer Chesapeake Energy (CHK) was pretty bullish on the outlook for natural gas (UNG).They're expanding production and will continue to do so for years, and believe that gas production will come down 'in the months and quarters ahead', starting in the fourth quarter of FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-47459567565590935002009-07-29T17:08:00.002-04:002009-07-29T17:10:36.529-04:00UpdateAt the end of trading on Wednesday July 29th SIMM's portfolio is valued at $148,971...Stay tuned for future updates!SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-86661736342409366782009-07-22T16:20:00.002-04:002009-07-22T16:24:13.095-04:00Update (as of July 21)As of July 21st SIMM's E-Trade portfolio is outperforming the benchmark by 8.17% for 2009 Year to Date.The current value of SIMM's total portfolio is $148,214.69. (This as the end of trading on July 22nd)SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-17894375701011584942009-07-10T11:28:00.002-04:002009-07-10T11:36:45.235-04:00Performance UpdateLooking at SIMM's performance compared to the benchmark....As of 7/9/09 Year to Date SIMM's E-Trade account has returned 8.18%, while the benchmark has returned 1.02%...Outperforming the benchmark by 7.16%As for the 2nd quarter 2009 SIMM's E-Trade account returned 16.71%, while the benchmark returned 13.58%...Outperforming the benchmark by 3.13%SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-5170584290501675102009-07-08T17:09:00.003-04:002009-07-09T18:00:25.841-04:00Portfolio UpdateAt the end of trading on Wednesday, July 8th the SIMM portfolio is valued at $141,595.80.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-55782599210873411642009-07-01T19:02:00.002-04:002009-07-09T18:00:48.766-04:00Portfolio UpdateAs of July 1st the SIMM portfolio is valued at $144,800.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-39577253356391380482009-06-04T16:35:00.002-04:002009-06-04T16:39:10.036-04:00Performance UpdateAs of the end of trading on June 4th the E-Trade account is valued at $44,300 and the Bank of New York Mellon account is valued at $102,073. Giving the SIMM portfolio a total value of $146,373.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-51379877196442470692009-05-14T02:22:00.002-04:002009-05-14T02:23:56.300-04:00Bloomberg tutorial from PennObviously some things are specific to the Penn, but much of it is the same as ours. Definitely recommended!PowerPoint of Bloomberg 101FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-28117579534574971982009-05-12T14:21:00.001-04:002009-05-12T14:24:27.216-04:00Performance UpdateAs of Tuesday May 12th the E-Trade account is worth $41,592. The Bank of New York Mellon account is worth $104,923. The total SIMM balance is $146,515. Check back for next week's update.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-86853918088008837902009-04-30T10:19:00.002-04:002009-04-30T10:22:18.943-04:00Balance Update (April 29)As of the April 29th SIMM's portion of the endowment fund is currently at $103,770. SIMM's E-Trade account is valued at $41,450.Check back for weekly balance updates.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-75552405618774836922009-04-23T15:41:00.001-04:002009-04-23T15:42:31.623-04:00SIMM Donor Doug Kris to meet with studentsFriday April 24th SBU alumni and SIMM donor Doug Kris will meet with students in the SIMM room at 1pm. He will be providing lunch and the meeting is open to all students.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-29640226543799670672009-04-22T19:14:00.002-04:002009-04-22T19:22:36.560-04:00Balance UpdateAs of 4 pm Wednesday April 22 SIMM's E-Trade account is worth $39,711. The endowment account held with Bank of New York/Mellon is worth $102, 489. Together SIMM's portfolio is worth $142,200.Check back for balance updates every week.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-1093800950836156552009-04-16T19:09:00.002-04:002009-04-16T19:09:00.253-04:00Review of By-LawsThe class has undertaken a review of the by-laws to determine what changes are now necessary. Chief among the changes that we see necessary are: removal of the rule that mandates holding 5% cashclarification on ETF rules (for instance, can not short stocks, but can we buy ETF that is short?) inclusion of language that allows long option positions and covered short option positions.more rigorousFinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-36839247553999870822009-04-16T15:09:00.004-04:002009-04-16T15:29:12.526-04:00General Managers Report to Investment CommitteeOn Wednesday April 15th SIMM General Managers Dave Abriatis and Mark Larry reported to the SBU Investment Committee via conference call. Discussed was the status of the portion of the endowment fund managed by SIMM, updates on the class, investment strategies and some changes SIMM would like to make. The Committee agreed to consider possibly switching SIMM's portion of the endowment account fromSIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-90911729519039969952009-04-14T10:33:00.000-04:002009-04-14T10:33:40.654-04:00Goldman Sachs Raises $5 Billion in Sale to Repay TARP Funds - Bloomberg.comGoldman Sachs Raises $5 Billion in Sale to Repay TARP Funds - Bloomberg.com: "Goldman Sachs Group Inc., buoyed by better-than-expected earnings and a 54 percent gain in its stock price, raised $5 billion in a share sale to help repay $10 billion in government rescue funds.The bank said today it sold 40.65 million shares at $123 each, 5.5 percent less than yesterday’s closing price of $130.15. TheFinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-69473514509533945002009-04-10T15:53:00.002-04:002009-04-10T15:57:34.041-04:00Performance UpdateAs of April 8th 2009 SIMM's E-Trade account has outperformed it's benchmark by 4.73% YTD. The portfolio is down -.28%, which is much better than -5.01% that the benchmark is down. Check back soon for an update on performance.SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-27486106359048219932009-04-09T13:09:00.001-04:002009-04-09T13:11:08.162-04:00Restarting the SIMM BlogIt has been a while, but we will be restarting this blog.The two new authors will be Mark Larry and David Abriatis who are our General Managers this year. Stay tuned for more posts!FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-77614131476731097802008-11-06T17:02:00.000-05:002008-11-06T17:02:41.433-05:00List of Inverse ETFs (Short ETFs / Bear ETFs) » Trader MikeHere are the short ETF's we were talking about...List of Inverse ETFs (Short ETFs / Bear ETFs) » Trader Mike: "Short & UltraShort MarketCap ETFs:ETF Name Ticker Benchmark IndexShort QQQ PSQ Nasdaq-100Short Dow 30 DOG DJIAShort S&P 500 SH S&P 500Short MidCap400 MYY S&P MidCap 400Short SmallCap600 SBB S&P SmallCap 600Short Russell2000 RWM Russell 2000UltraShort QQQFinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-2280310856109605772008-02-08T12:25:00.000-05:002008-02-08T12:25:56.432-05:00S&P's Buffett Stock ScreenS&P's Buffett Stock Screen: "Standard & Poor's Portfolio Services analyst David Braverman put together a stock screen that picks companies using criteria similar to those that fit the legendary investor Warren Buffett's growth-oriented style"FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-19009389401740589832008-01-15T12:45:00.000-05:002008-01-15T12:45:39.945-05:00C Chart - Yahoo! FinanceLosing a little is better than losing a lot. Check this chart out on what has happened since we traded Bank of America for Deutsche Bank.C Chart - Yahoo! Finance--FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0