tag:blogger.com,1999:blog-27626877583851162122011-07-28T18:48:06.755-04:00FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.comBlogger401100tag:blogger.com,1999:blog-2762687758385116212.post-13957836518839841622010-10-26T00:15:00.000-04:002010-10-26T00:15:33.883-04:00

LMT: $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-54400040387609179032009-11-18T16:27:00.000-05:002009-11-18T16:27:43.050-05:00

Donchian Channel Interesting chart on Apple

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-29680397347731129392009-11-11T17:19:00.000-05:002009-11-11T17:19:12.911-05:00

Trading 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-85190991399504342492009-11-08T08:45:00.000-05:002009-11-08T08:45:43.583-05:00

Bethany 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-58914478177749931302009-11-04T17:25:00.001-05:002009-11-04T17:25:42.198-05:00

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-47358879699068327142009-11-03T14:50:00.000-05:002009-11-03T14:50:19.947-05:00

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-47459567565590935002009-07-29T17:08:00.002-04:002009-07-29T17:10:36.529-04:00

At 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-86661736342409366782009-07-22T16:20:00.002-04:002009-07-22T16:24:13.095-04:00

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-17894375701011584942009-07-10T11:28:00.002-04:002009-07-10T11:36:45.235-04:00

Looking 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-5170584290501675102009-07-08T17:09:00.003-04:002009-07-09T18:00:25.841-04:00

At 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-55782599210873411642009-07-01T19:02:00.002-04:002009-07-09T18:00:48.766-04:00

As 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-39577253356391380482009-06-04T16:35:00.002-04:002009-06-04T16:39:10.036-04:00

As 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-51379877196442470692009-05-14T02:22:00.002-04:002009-05-14T02:23:56.300-04:00

Obviously some things are specific to the Penn, but much of it is the same as ours. Definitely recommended!PowerPoint of Bloomberg 101

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-28117579534574971982009-05-12T14:21:00.001-04:002009-05-12T14:24:27.216-04:00

As 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-86853918088008837902009-04-30T10:19:00.002-04:002009-04-30T10:22:18.943-04:00

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-75552405618774836922009-04-23T15:41:00.001-04:002009-04-23T15:42:31.623-04:00

Friday 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-29640226543799670672009-04-22T19:14:00.002-04:002009-04-22T19:22:36.560-04:00

As 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-1093800950836156552009-04-16T19:09:00.002-04:002009-04-16T19:09:00.253-04:00

The 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 rigorous

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-36839247553999870822009-04-16T15:09:00.004-04:002009-04-16T15:29:12.526-04:00

On 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 from

SIMMhttp://www.blogger.com/profile/17527229391033245075noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-90911729519039969952009-04-14T10:33:00.000-04:002009-04-14T10:33:40.654-04:00

Goldman 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. The

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-69473514509533945002009-04-10T15:53:00.002-04:002009-04-10T15:57:34.041-04:00

As 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-27486106359048219932009-04-09T13:09:00.001-04:002009-04-09T13:11:08.162-04:00

It 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-77614131476731097802008-11-06T17:02:00.000-05:002008-11-06T17:02:41.433-05:00

Here 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 QQQ QID Nasdaq-

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-2280310856109605772008-02-08T12:25:00.000-05:002008-02-08T12:25:56.432-05:00

S&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-19009389401740589832008-01-15T12:45:00.000-05:002008-01-15T12:45:39.945-05:00

Losing 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.com0tag:blogger.com,1999:blog-2762687758385116212.post-85988575279376599322007-12-12T01:47:00.000-05:002007-12-12T01:47:12.254-05:00

An interesting article on Hedge-like Mutual Funds.Update on Hedge Fund-Like Funds - Kiplinger.com: "Mutual funds that employ hedging strategies, such as those that sell stocks short or that buy and sell options, can smooth returns when the market behaves erratically."

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-38209862211237922022007-12-03T12:47:00.000-05:002007-12-03T12:47:21.594-05:00

Vivendi to Acquire Activision - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times: "The new company plans to repurchase $4 billion worth of its shares for $27.50 each, a move the merger partners said would increase Vivendi’s stake to 68 percent. The purchase price represents a premium of 24 percent over Activision’s closing price on Friday of $22.15 a share."

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-13331663725277060722007-11-30T10:10:00.000-05:002007-11-30T10:10:29.730-05:00

I'll post more seriously on this later, but figured you might be interested in looking at it now.Newsletters made handsome profits from NovaStar Financial - MarketWatch: "Numerous academic studies have shown that momentum strategies work. For example, you could have made 10% per year, on average, by pursuing a mechanical strategy that did nothing other than buy the 10% of stocks with the best

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-22763167150792139712007-11-27T17:42:00.000-05:002007-11-27T17:42:16.176-05:00

An update on yesterday's storyGreatbatch agrees to buy Precimed in $125M deal: "SAN FRANCISCO, Nov. 26, 2007 (Thomson Financial delivered by Newstex) -- Greatbatch Inc. (NYSE:GB) said late Monday it has agreed to buy Precimed, a privately-held orthopedic instrumentation company for $125 million. The agreement includes Precimed's contract to acquire the operations of another company in the

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-47511638878709377152007-11-26T17:02:00.000-05:002007-11-26T17:02:27.316-05:00

This is the firm Eric presented in Monday's classThe Buffalo News: Business: Buffalo's Business:Greatbatch stakes future on makeover: "...the deals mean the company won’t meet its goal of increasing its operating profits to around 20 percent of sales by the end of this year. Those margins have been running around 15 percent in 2007, and analyst Jason Mills of Canaccord Adams says he thinks

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-69375070702050362212007-11-13T02:51:00.000-05:002007-11-13T02:51:25.454-05:00

Speculation on E*Trade Hurts Stock - New York Times: "The company has $29 billion in customer deposits. About half the deposits are over the $100,000 threshold covered by federal deposit insurance, according to Mr. Bhatia. Customers are more likely to withdraw cash not covered by government insurance. This summer, a run on a English mortgage lender, Northern Rock, was prompted by concerns about

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-24544605711407103122007-11-10T06:31:00.000-05:002007-11-10T06:31:39.962-05:00

"Worst banks crisis" says Deutsche CEO | Reuters.co.uk: "Deutsche's shares, which had been trading almost 2 percent lower, turned into positive territory after Ackermann predicted no further writedowns beyond the 2.2 billion euros ($3.2 billion) it took in the third quarter."

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-67027632117975325592007-11-09T14:01:00.000-05:002007-11-09T14:01:30.712-05:00

The day we got done talking about hedging!Protect your shares from $A dazzler - Business - Business - theage.com.au: "Well, a rising Australian dollar will affect returns of international shareportfolios that don't have any protection (or hedging) against a fall in the USdollar, which is occurring right now. (Hedging refers to the process ofprotecting investments against, or reducing the risk of,

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-75418102367568813492007-11-05T17:27:00.000-05:002007-11-05T17:27:06.816-05:00

I good article on how firms set up portfolios and manage risks.Managing World-Wide Risk - WSJ.com: "Take risks but be tax-conscious -- and hedge your bets. That is the mantra of advisers at RegentAtlantic Capital LLC, a fee-only wealth-management firm that currently favors emerging-markets exposure and alternative investments"

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-66924975919648900882007-11-05T16:26:00.000-05:002007-11-05T17:27:56.248-05:00

Check out the Rise Vison web site for the price range/description of the real time quotes: http://www.risevision.com/how_much_does_it_cost.htm.

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-67167201827563409472007-10-26T23:57:00.000-04:002007-10-26T23:57:22.627-04:00

Student investors exceed beyond buy low, sell high - Features: "Bridget Hurley, portfolio manager of the class and club, said the group beganin 2002 with $40,000 in donations which has grown into nearly $48,000. Inaddition, the group manages $100,000 of the university's endowment. 'For theuniversity to let us invest their money the way we do ours shows how successfulwe've been in the past,' she

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-88074955369818019882007-09-14T14:39:00.000-04:002007-09-14T14:39:18.945-04:00

R.I.S.E. Forum VIII - Redefining Investment Strategy Education: "R.I.S.E. VIII March 27-29, 2008"Wanted everyone to know the dates of the RISE conference this year. Mark your calendars. We should try to reserve a school van now. (Hint hint!)

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-46935903232131781702007-09-13T18:06:00.000-04:002007-09-13T18:07:55.810-04:00

A look at Porter's five forces from Purdue"Michael Porter has identified five forces that are widely used toassess the structure of any industry. Porter’s five forces are the:• Bargaining power of suppliers,• Bargaining power of buyers,• Threat of new entrants,• Threat of substitutes, and• Rivalry among competitors.Together, the strength of the five forces determines the profit potential in an

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-13754577591581892262007-09-13T17:43:00.000-04:002007-09-13T17:43:49.461-04:00

St. Bonaventure University - Student Online StorageThis is where the bylaws are now posted.

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0tag:blogger.com,1999:blog-2762687758385116212.post-56670044600199760912007-09-13T17:38:00.000-04:002007-09-13T17:40:40.997-04:00

This Blog will be for Students in Money Management at St. Bonaventure University. We will use it to keep up to date on changes in our portfolio as well as to communicate with various stakeholders (donors, investors, as well as each other).The students in the class will be writing the material.

FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.com0