Ockham Research Staff @ January 20, 2009 # One Comment
The market is finishing another ugly day and much of the blame can be placed squarely on the disappointing results out of State Street Corp. One interesting discussion that should be had is regarding the usage of TARP funds by politicians to prop up the banks that are most news worthy to the voting public.
More on: Voter Turnout and TARP
Ockham Research Staff @ January 19, 2009 # No Comment Yet
Last week was a telling one for financials, as BofA, Citi, and JP Morgan all released earnings. There is no doubt that the financial sector is still deeply flawed and for anyone investing in these names we believe it is basically pure speculation at this point.
More on: Financial Stocks Are Still A Dangerous Game
Ockham Research Staff @ January 14, 2009 # One Comment
This article discribes the unbelievable current valuation of Allied Irish. However, as the saying goes, there is no such thing as a free lunch. There is a lot of uncertainty involving Allied Irish, but we make the case that it might just be worth taking if you can handle the bumps along the way.
More on: Allied Irish: Buyer Beware or Easy Money?
Ockham Research Staff @ December 19, 2008 # One Comment
A sweeping downgrade of financials by credit rating agency S&P was one of the major stories of the day. Or on second thought, what does this tell us that we did not already know, and so far the market has not even noticed.
More on: S&P Warns of More Financial Pitfalls Ahead
Ockham Research Staff @ December 16, 2008 # No Comment Yet
Goldman reported a wider than expected loss for their recent quarter, but the marketplace has brushed that aside and bid up the price more than 11 percent. We are concerned that Morgan Stanley might not get the same treatment if they are to slip up tomorrow.
More on: Goldman’s Results Foretell Trouble for Morgan Stanley
Ockham Research Staff @ December 9, 2008 # One Comment
A bit of perspective from our email inbox.
More on: What a Difference a Year Makes!
Ockham Research Staff @ October 15, 2008 # No Comment Yet
A Wall Street Journal article yesterday writtien by Senator Charles Schumer was yet another declaration of war on financial institutions and capitalism as a whole. The supposed “rescue” plan that is being touted by him has a very clear sub-agenda. Coming soon to a bank board near you, Senator Schumer.
More on: The New Chairman of the Board… Senator Schumer
Ockham Research Staff @ September 30, 2008 # No Comment Yet
Good for a laugh.
More on: Road to the Final Four
Ockham Research Staff @ September 30, 2008 # No Comment Yet
An overview of the changes to our newsletter and the announcement that coverage for all 100 equities covered on our Ockham Research web site will be avialable to the public for free. Please visit www.ockhamresearch.com to view these research reports.
More on: The EIG Newsletter Gets a Makeover
Ockham Research Staff @ September 19, 2008 # One Comment
Over the last few weeks financials have been decimated in the market and derided in the media causing increased volatility in the market. However, there are still a few lingering bright spots in the financial sector as we have pointed out one in particular here.
More on: Regional Banks: A Bright Spot in the Financial Sector