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    Crossing Wall Street

    A Little Bit Late


    originally published on Fri, 24 Sep 2010 12:04:54 -0500    submitted by system 498 days 20 hours 45 minutes ago

    Eighteen months and 70% after the bottom, Steven Pearlstein of the Washington Post tells us "Yes, it may finally be time to get back into stocks." Finally? This is honestly one of the silliest columns I've read in a long time. What else can you say about a gem like this: As I see it, the biggest risk to stocks right now is the prospect that radical Republicans might win control of Congress, setting up a political stalemate with a veto-wielding president that almost surely put an end to the D...

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    NICK Suddenly Wakes Up


    originally published on Fri, 24 Sep 2010 10:26:04 -0500    submitted by system 498 days 20 hours 45 minutes ago

    Yesterday the Buy List only fell modestly compared with the rest of the market thanks to strong gains for Bed Bath & Beyond (BBBY) and Nicholas Financial (NICK). I have no idea why, but NICK seems to have suddenly woken up from its slumber. Who knows? Sometimes stocks do weird things. Yesterday was NICK?s heaviest volume in over two months. It even broke $9 a share today. Today looks like it will be a good day for us. So far, 19 of the 20 Buy List stocks are up. The only one that's down is BBBY.

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    Morning News: September 24, 2010


    originally published on Fri, 24 Sep 2010 09:57:49 -0500    submitted by system 498 days 20 hours 45 minutes ago

    Greenberg: Can an ETF Collapse? Yes, it May Finally Be Time to Get Back into Stocks Apple Passes PetroChina to Become Second-Largest Stock Wall Street Futures Signal Firmer Open German Business Confidence Unexpectedly Increases Obama Asks Wen for More Action on Yuan Petrobras Raises $70 Billion in World's Largest Share Sale Amazing Horned Dinosaurs Found on 'Lost Continent' Ida Blankenship speaks! Actress Randee Heller on the 'Mad Men' loopy secretary Getting Made The Scorsese Way (Mandatory ...

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    Hawkins Keeps Charging


    originally published on Thu, 23 Sep 2010 13:03:38 -0500    submitted by system 499 days 18 hours 28 minutes ago

    A few months ago, I highlighted Hawkins (HWKN). One company that I?ve followed for many years is Hawkins Inc. (HWKN). Talk about unloved! Barely anyone follows widdle Hawkins. Yet, this has been an outstanding stock for decades! (BTW, I?m not recommending the stock. I?m just using them as an example.) Hawkins is a specialty chemical company based in Minnesota. So if you?re in, say, Fargo and you need a shipment of sodium hydroxide, well...these are the boys to call. They?ve been around for ma...

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    Uh Oh. Cramer on Blockbuster


    originally published on Thu, 23 Sep 2010 11:31:28 -0500    submitted by system 499 days 18 hours 28 minutes ago

    From March 7, 2008. To be fair, he says it's very risky and turned bearish on it shortly afterward. And if you didn't know, Blockbuster declared bankruptcy today.

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    From The Onion


    originally published on Thu, 23 Sep 2010 11:05:03 -0500    submitted by system 499 days 18 hours 28 minutes ago

    JPMorgan Chase (JPM) -$2.99 $34.72 (down 7.9%) Financial stocks plunged today on reports the House and Senate were nearing agreement on wide-scale banking reforms that, if enacted, would have the devastating potential to foster long-term stability in the national economy.

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    Bed Bath & Beyond Hits $44


    originally published on Thu, 23 Sep 2010 10:35:06 -0500    submitted by system 499 days 18 hours 28 minutes ago

    The stock is very strong today. It seems like only a few weeks ago that BBBY was below $36, which, in fact, it was.

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    McDonald's Raises Dividend by 11%


    originally published on Thu, 23 Sep 2010 10:10:52 -0500    submitted by system 499 days 18 hours 28 minutes ago

    I recently noted that McDonald?s (MCD) stock hit an all-time high. I wrote, ?Forty years ago you could have picked up the shares for just 29 cents a piece. That's adjusted for nine stock splits; four 2-for-1s and five 3-for-2s which equals 121.5-for-1. That's a gain of close to 26,000% or nearly 15% a year, and it doesn't include dividends.? Well, dividends certainly mean something and McDonald?s just raised its quarterly dividend by 11% to 61 cents per share. The new dividend indicates a yi...

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