re: Random Money/Business/Finance Thoughts Thread

I would say check on analystforum. I see that Schweser has audio stuff listed for L2 so I would assume they have it for L1 too. Debating whether or not I should just use the self study here this time to speed up the process. I'm so not in study mode yet.

bump/shorted angie's list yesterday...lucky timing for me.

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Pure short or using puts?

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Myself and a group of my buddies have a 200 buck/person contest going on who can have the best 6 mo return using a virtual stock portfolio. I don't have the stomach to pure short a stock with any real cash. We meet up once a week for drinks and thought this would be our verson of "fantasy baseball" that would tide us over til football season. Winner gets a grand

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And redistributes via hookers and blow, yes?

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Well that's why i took out a loan from my 401k...would've burned the buy in on "clurbs" but due to recent legislation, we have forced our women of the night to go all "janet jackson". #notsocrow

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JOBS Act?

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No, but I'm truly curious though on how the strip club business is doing after TN forced pasties and made the clurbs byob

I don't know where else to put this so I'll put it here. From a FactSet earnings update email:




Getting a little hairy there eh.

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In terms of EPS guidance, 67 companies have issued negative EPS guidance for the quarter to date. At the same point in time in the prior quarter, 82 companies had issued negative EPS guidance.

Three key themes to watch this earnings season are the impact of Apple, higher costs, and slower global GDP growth. Apple is again expected to be the largest contributor to earnings growth for the S&P 500 for the quarter. If Apple is excluded, the projected earnings growth rate for the index would fall to -1.6%. In terms of costs, the number of companies in the index expected to see sales increase and earnings decrease is 104. This marks the highest number of companies recording this difference in the past nine quarters. The estimated net profit margin (excluding the Financials sector) is predicted to be 8.4%, which would be the lowest number for the index since Q1 2010. In terms of GDP growth, slower economic growth in emerging markets and Europe is another cause of the lower expectations for earnings growth in Q1 2012. F/X rates are expected to be a headwind rather than a tailwind to the bottom line for a number of companies.

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Anyone know a non-pay site that i can get financials on current and past municipal bond offerings?

Well it's for a job interview, and the interviewer asked for a writing sample about analyzing muni bonds (basically looking for any semblance of analytical skills and the ability to put my thoughts on paper in a clear/concise manner). I figured i'd try and find some past financials and bond pricing information on really any municipality, but it's proving harder than looking things up on Yahoo!

It's a fairly open ended task which in turn prompted my fairly broad request. Unfortunately everything that i look for comes with its own analysis which in turn could hurt the integrity of my writing sample.

Sorry for the rambling, but yes, a prospectus of sayyy maybe a Nashville-Davidson GO bond?

Golden. Thanks

Actually, FactSet said S&P earnings for the most recent (as in currently reporting) quarter have come down since the beginning of the year, I believe they were predicting just barely negative (like 0.01) earnings, although I'm sure 80% or whatever will continue to beat and it won't be negative (I also don't know if that was top-down or bottom-up, off the top of my head). What makes that chart (and any market-generalized forward p/e) wack is that (this is all according to FactSet) estimates for FY2012 are expected to be basically flat or just above it (aka same as this qtr) but expected to then go back to double-digit growth in 2013 and 2014. They didn't elaborate on what the catalyst for that is or what sectors (solving the ongoing euro issues? gas-heavy energy bouncing back from a low base? banks breaking through in a big way on the top line? housing market? AAPL having 1000% revenue growth and driving the entire world? flow-through effects of BRICs gone wild???), and I haven't tried to go look it up either.

My workload stays pretty even keel for the most part. Its never close to under 50 but rarely is it over say 65, pretty much 60 all the time. Just finished working out, got about 2 hours of studying I can squeeze in here after my quick 20 minute run. Trust me, Athanatos makes everyone here look like giant vaginas every week, this is nothing. He's the Albert Pujols of finance.