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Blogging to add value. Sharing and discussing helpful websites, money, stocks, etc.

Bearish BAC, CRM, TGT, RIMM, NYX,

I am bearish on the out look of the market and being so makes me look for good canidates to short. These are the one I think will go lower.  Again the rally faded today, just icing on a bad cake.

CRM – customer management software — too low of barriers of entry for profits to grow and maintain short and long term

BAC- heavily leveraged to consumer debt,  not being able to find new customers qualified for loans and loan defaults could really crush the banking business

TGT-  highly leveraged to consumer spending and credit, has issued credit to customers to grow sales – reality of lending to people who can’t afford to shop in your store may set in soon.

RIMM-  has patent problems with motorola, three networks shut downs in the last year, lots of competition in the market should hurt margins

NYX – market trading should slow as markets slows with confidence and investors losing money in a stagnant economy.

Entertainment purposes only; help other ask questions later

February 19, 2008 Posted by | Uncategorized | , , , , , , , , , , , , , , , , | Leave a comment

NYX looks like a good short

Jim Cramer did an interview last night with the CEO of NYX (NYSE) and it sounded like a tough road ahead. http://www.cnbc.com/id/15840232?play=1&video=639480517&__source=yahoo%7Cheadline%7Cquote%7Cvideo%7C&par=yahoo  Increases in volume have been offset by increases in costs.  Volume going forward could stay high or it could drop off.  I think it will decline as the economy slows and with the rise of the Shanghai trading.  After all the last CEO of NYX was fired late last year. Things can’t be great.  CME is getting crushed today because of higher trading costs. I think a short is worth a try.  Upside seems limited and downside could be higher than thought.  Volume could drop off a cliff at some point.

February 6, 2008 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment