I initiated a new position last week in Amazon.com, Inc. (AMZN) at $1,657.24. It is our 8th largest position at this time. Reason for current opportunity The share price for Amazon has been under pressure because of a variety of threats: Inability to make significant profits from the amazon.com retail business. Political/social pressure from their growing size […]
Banking stocks are down a bit today, including Merchant’s Bank (MBVT), as a result of an Massachusetts court decision against Bank of America (BAC) which voided a couple foreclosure sales the bank made, which violated Massachussetts law.
The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession.
Goldman Sachs has created their own private trading system called Goldman Sachs Tradable Unregistered Equity system or GSTRuE to compete with the pubic trading system.
Jeremy Ryan Investing, Uncategorized altria, brk.a, brk.b, brka, brkb, defensive investing, jnj, johnson and johnson, kft, kraft, leucadia national corp, luk, markel, mkl, mo, pep, pepsico, sears holdings, shld 0
With the Dow, Nasdaq and S&P 500 all hitting new highs on a regular basis, I’m starting to get more defensive in my investing.
When investing, you sometimes need patience. Especially when you invest in companies that are out of favor with wall street. However, it’s usually when wall street hates a stock, that it gets cheap.