Mad Money Machine

How much gain to get back to even from here?

Suppose your investment is down 33% year to date. What percentage gain do you need on your remaining investment to get back to where you were at the beginning of the year? A whopping 50%! How long would it take at an annualized return of 8% to get back to where you were at the […]

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Studying the Collapse (repost)

Here are some good things I listened to or read today in trying to prepare for show 129 and trying to figure out how to survive if a collapse really does happen: NPR Planet Money Podcast 9/26/2008: The Week America’s Economy Almost Died (audio program). This explains what the credit lockup means and why everyone […]

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Another show to hear

Peter Schiff of Euro Pacific Capital does a weekly show (on shortwave radio or something, but anyway). The one he did on Wednesday the 24th is a must listen. He tells it like it is. For example, “It’s not the tax payers who are on the hook for any bailout: nobody is talking about raising […]

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Relationship of XLF, SKF, and RFN today

So shorting financial stocks was outlawed last Friday. The little guy is not allowed to make money off of the financial collapse. SKF is the ProShares UltraShort ETF that has the objective of being 2X short the S&P Financials index. When XLF goes down 1%, the SKF is supposed to go up 2%. The rules […]

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Thanks Rita

Rita sent me this link to Ben Stein’s article this past Sunday in the New York Times entitled “Sound Investing and Peaceful Sleep.” Ben has got the right idea. I loved watching him on the Fox Saturday morning business shows, especially when they would ask him for his stock prediction. He always chose a boring […]

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Stox Sux again?

A quick update on Cramer’s Stocks of the year: Taking equal amounts at the beginning of 2007 of these nine stocks: His 3 value companies, Altria (MO), Haliburton (HAL), Goldman Sachs (GS) his 3 growth companies, Apple (APPL), Cisco (CSCO), NYSE Group (NYX) his 3 speculation stocks, Savient Pharma (SVNT), Rite Aid (RAD), Level 3 […]

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Blodget: Put your guru to the test

Blodget wrote a nice article on why you should Put your guru to the test… AND HOW TO DO IT.

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Cramer Stocks of the Year so far…

Frank Barnako has beaten me to the punch and has started evaluating Cramer’s Stocks of the Year already. Weirdly though, Frank calculates the performance of Cramer’s picks including several days BEFORE Jim even mentioned the stock. Heck, I can pick stocks that have already gone up too. Anyway, Frank calculates that Jim’s three speculative picks […]

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The hour to buy TMO?

Cramer said on his show yesterday to buy Thermo Fisher Scientific (TMO) today between 10:00AM and 11:00AM. Holy precise prediction, Batman! Looks like a lot of people took him up on his offer, as you can see in the accompanying chart. The price stepped at that hour, then fell after all the buyers left.

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Ten Best Cramer Stocks to Buy NOW!

Cramer gets us really excited about the stocks he features on his show. Unfortunately, they don’t always work out immediately. For example, these ten stock that he featured on his Mad Money show in March 2006 are down an average -39.5%. So… the logical thing to assume is that now that they’ve taken their correction, now that they’ve had a pullback, combined with the fact that JC liked them recently… it must be TIME TO BUY!

And here they are: (click article link)

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Cramer’s February Picks

I took all (well most) of Jim Cramer’s February 2006 stock picks from Mad Money, ran them thru the grinder (the Excel stock quote plug-in to be exact) and came up with the average performance of all his featured stock picks from that month. Click to see the result and full details…

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