100 Oldest Domain Names

Here you go..

Media Power

I don't want to come off as a conspiracy theorist, but the media has tremendous power over the financial markets. Turn it on CNBC or Bloomberg and watch the reports with a suspicious perspective. Before a correction the media will start getting real negative and jump on any bad news and beat it to death. Subprime mortgage of late is the best example. The media tried to scare investors out of the market and kept calling for a 10% correction. When you start hearing that talk it is time to start liquidating some of your more risky positions.

Take a look at the cover of this weeks Barron's (picture above) and judge for yourself.

Come back kid, tech

Tech rebounded strong today after a sharp drop yesterday. Apple ended up 3% along with Garmin, up 4%. Nice gains going into the weekend. I am going to put on some limit orders to sell Garmin. I am up over 10% in less than two weeks. I sill like the stock, but when you get a jump like that it only makes sense to bring in some profits. Yesterday, Goldman Sachs raised the one year target price of Apple to $190. This stock has more momentum then the Patriots (who are going to get schooled by the Cowboys this weekend!)

Disclosure: Long Apple, Garmin & Dallas Cowboys

Have a good weekend

Crazy Day

A ton of volume today around 2:15 as traders decided to take some gains and news came out on Baidu. The Dow opened strong and held the gains for most of the afternoon, until the news hit the tape and everything went crumbling. I guess my buddies down on wall street left me out of the loop again. I am still holding nice gains in all positions and plan on holding out for more upside. It is going to take more than Baidu news to slow this bull market.

Show me the MONEY!

Garmin & Apple are unstopable! (watch, they will be down tomorrow) My portfolio is holding up strong and I am going to add some positions tomorrow.

I am looking very hard at TASR. I have been sitting on the sidlines watching this thing skyrock. Time to jump in.

Apple

Apple is still my largest position and I don't see that changing for a while. The new product line is sharp and iPhone sales should be strong over the holidays. Microsoft launched a new line of Zunes today. Apple has this market nailed for a reason. Microsoft did not bring anything new or innovative needed to win over iPod fans. Now that I think about it Microsoft has not brought anything new and innovative to the market in a long time. Vista has been a giant disappointment, although it is still the main software for all new computers (besides apples of course). Apple is innovative, creative and sexy. Good luck Microsoft!

Disclosure: Long Apple

Heavy Lunch

Today has been a strong day for my portfolio, although the market has remained relatively flat all day. Yesterday I picked up a little Garmin (GRMN) and Dreamworks (DWA). Garmin has performed well today, up over 5% and Dreamworks has stayed pretty flat, down 1%. Garmin is new to this blog although it has been on my hit list for a while. Recently it fell almost 20% after Nokia announced it was purchasing Navteq Corp. for $8.1 billion (Garmin was rumored to be looking at this buyout). Buying opportunities everywhere, just have to know where to look.

Dream Works

Bee Movie is beginning to get some buzz! This looks like it could be a huge hit for dream works (DWA). Currently trading at a 52 week high around $34 this stock could go much higher once the buzz about the Bee Movie gets stronger (the apple effect). Jerry Seinfeld returns to the screen as the voice of the main bee along with Renee Zellweger as his sweet honey (sorry it's just too easy). It looks pretty funny and the word around the playground (according to my undercover stock picker nephew) is this going to be the biggest movie of the fall. Look for this stock to go much higher.

Disclosure: going long

TASR

"Don't taser me bro!" The line made famous by the UF student, Andrew Meyer, tasered at a John Kerry Forum. Watching the video is a bit disturbing when you realized they had him handcuffed when they tasered him.

This recent tasering has brought the use of nonlethal weapons to the forefront and since this in a stock blog and not a political platform I will take a quick look at TASR. Taser International, Inc. produces tasers and other nonlethal devices for law enforcement, military, correctional facilities, and Americans looking to fry someone. Taser recently released three new products one of which you can shout from a 12gauge shotgun (picture above).

The stock has been on a run recently gaining another 4% today. Currently trading around $17 TASR looks prime to go higher.

The UF situation is unfortunately not an isolated incident. TASR has had many lawsuits filed against them for producing the weapons most of which have been dismised. If you live under a rock here is the video from UF.

10% Correction! What a Joke

The analysts were screaming for a 10% correction a few months ago and they got it. Two months later we are back over 14,000 and the bulls charge on. I guess the speculators came out of the market when we hit 14k earlier this year and wanted to get back in on the low, so they talked down housing until the market could not take it any more. With no decline in May they were looking for a correction and they got it. This market is strong in my opinion but it is amazing the power of momentum and media.

Back to the Daily Blog

Guess who's back, back again. Sorry for the laps in blog posts. Life can get really crazy. Back in school getting an MBA. Should be challenging but stimulating.

Some really interesting movements in the market recently. Tech stocks have been moving nicely and financials are recovering. Housing stocks are still getting nailed but most investors are just ignoring the obvious. Sold some positions in Goldman Sachs and Adobe yesterday with double digit gains in both. Looking for some new stocks. Thinking tech or natural resources.

Since I began this blog on May 15, 2007 the markets have been all over the board. Over all the stocks I have portrayed on Market Anomalies have been successful, up almost 9%. Some of the leaders are Under Armor (UA) up 38.32%, Apple (AAPL) up 15.40%, Whole Foods Market (WFMI) up 10.65%, Lifetime Fitness (LTM) up 11.14%, and Wynn (WYNN) up 31.29%. I still like all these stocks and think they will go even higher under the right conditions.

With the good comes the bad and I have covered some losers like IMH (a real estate REIT) down 62.53% and FIG down 39.7%. Both of these stocks have been beaten down with either bad news or sector collapses.

The housing market is weak and is going to take a long time to repair, so if you are a long term investor there are some great buys out there. If you are looking at picking up some housing or lending stocks I would go with the big players like Countrywide, KB Homes, or DR Horton. All have been beaten down and although they could still go lower they look pretty cheap right now. Financials also have taken a hit this past month. In a downward trending market I like to buy the biggest of the bunch, so Goldman Sachs, Bank of America, and JPMorgan Chase are the financials I like right now. To see a big rate of return on most of these companies you are going to have to hold them for at least 6 months to a year. In the short term here are three stocks I am looking at right now that have momentum:

1. ADBE – Adobe has some great products out on the market right now and has the PDF market covered. Trading around $42 currently I have been buying this stock in the high 30’s and I think it has potential to go higher.
2. PEP – Pepsi is a great stock to own in a rollercoaster market like we have been experiencing lately. You will not see huge fluctuations in this stock which can help you sleep at night in today's market.
3. CHK – I like Chesapeake Energy in the natural gas sector and think it could move much higher.

So there you have it a little recap of the past few months and a look toward the future. I will be looking at some new stocks coming up soon, so check back often.

Get out your soldering iron!

It appears someone figured out how to unlock the iPhone from AT&T, but it requires soldering and software modifications. Apple should take the hint! Imagine if Apple sold the iPhone on all networks. The main reason I don't buy an iPhone is everyone I know is on Sprint. If I came off Sprint I would loose my mobile to mobile ability. Take the hint apple!

Huge Day!

Today is going to be a huge day for the market! Big Ben is going to speak, hopefully relieving some concerns over the recent credit crunch. Ben has to make a statement today in order to keep the bears at bay. The fed needs to calm investors and restore some confidence in the domestic market. The dollar is week and credit is shot, but Ben needs to reassure investors that this is just a temporary setback and the worst is over.

On lighter news Apple has summoned the press to the Apple compound to reveal something. There has been a lot of speculation on what exactly Steve Jobs is up to, but the consensus is likely an upgrade to the mac. Apple stock rallied yesterday and has a nice start today on anticipation.

Gphone?

What are the folks over at Google (GOOG) up to? It has been rumored that they are in discussions with cell phone service providers and manufactures to produce a gphone (or perhaps a googphone) following in the footprints of the successful iPhone (AAPL) . What is Google planning on doing different? One of the major differentiations would be the service provided. Google may be able to offer free service to consumers who are willing to be berated with advertising. It is no secret that Google is interested in becoming a player in cell phone applications business including Google maps, Google talk, and Gmail. Apple CEO Steve Jobs even approached Google for map applications on the iPhone. Great reads from Webbalert (video blog), Ars Technica , & WSJ.