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Saturday, April 4, 2009
Tuesday, March 31, 2009
Google Ventures Fund set to Invest $100 Million
The newly formed Google Venture Capital Fund is set to invest $100 million this year. The fund is seeking investment opportunities to maximize returns rather than looking for investments that strictly fit with Google's strategic vision. This should be music to the ears of entrepreneurs.
Rich Miner said,
Early stage, across the board, this is really good news.
Here is the link to theGoogle Ventures page.
Rich Miner said,
that Google Ventures will look at a wide variety of companies to invest in, including consumer Internet products, information technology, health care and biotech, among other areas.
The fund will focus primarily on companies seeking seed funding and early stage funding, and Google Ventures will have the ability to make investments ranging from tens of thousands to "several tens of millions" of dollars.
Early stage, across the board, this is really good news.
Here is the link to the
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Monday, March 30, 2009
GoldCorp (GG) Twelve Times Your Money in Ten Years (Chart)
Gold Corp (GG), Ten Year Chart, Monthly (not dividend adjusted).
You don't hear much about Gold Corp (GG). The gold stock has risen from the $2.50 area in 1999 to a high of $52.65 during July, 2008 (prices are adjusted for stock splits).
The stock closed Friday at $33.76. GoldCorp dropped to a low in the $14.00 area in October, 2008 and is now moving up again.
If you had invested $10,000 in GoldCorp in 1999, it would now be worth more than $125,000. This does not include adjustments for dividends. 12.5 times your money in ten years, not bad.
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You don't hear much about Gold Corp (GG). The gold stock has risen from the $2.50 area in 1999 to a high of $52.65 during July, 2008 (prices are adjusted for stock splits).
The stock closed Friday at $33.76. GoldCorp dropped to a low in the $14.00 area in October, 2008 and is now moving up again.
If you had invested $10,000 in GoldCorp in 1999, it would now be worth more than $125,000. This does not include adjustments for dividends. 12.5 times your money in ten years, not bad.
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 Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
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More from All American Investor
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- Ray Dalio on the current state of affairs in the market
- Roubini Predicts U.S. Losses May Reach $3.6 Trillion
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- Option ARM--The Toxic Mortgage
- Debt Binge--The Perfect Financial Storm
- Warren Buffett's Annual Letter to Investors (Cliff Notes Version)
Sunday, March 22, 2009
Condition of Banks Continues to Deteriorate (Chart)
The Report of Condition and Income for All Insured U.S. Commercial Banks continues to deteriorate and is worrisome.
This really calls into question if the new bank bailout plan is going to work. The newest proposal is similar, if not the same, as the plan that was put into effect in September. However, if conditions continue to deteriorate it is likely that banks will need to be seized by the Federal government much like what happened during the Savings and Loan crisis.
Right now the hope remains that banks can earn their way out of the problem. This explains, in part, why the Federal Reserve is keeping interest rates artificially low and is buying Treasury securities. This strategy worked for the banks in the 1992-1993 period. It is not well known but many banks were "technically" insolvent at the time.
It appears that bank failures, a bank panic, and bank nationalizations are all still real possibilities.
We will continue to watch this situation at All American Investor.
Sidenote: Federal regulators Friday seized control of the two largest wholesale credit unions — U.S. Central Federal Credit Union and Western Corporate Federal Credit Union — which together had $57 billion in assets. This went virtually unnoticed.
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| Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
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Tuesday, March 17, 2009
S an P 500 Chart Market Consolidation March 17
The blue and red lines are starting to come together indicating a consolidation of the recent down trend. The thing to watch here is the green line. It is currently sloped down. As long as it remains sloped down the market is still vulnerable to the downside on a short term basis.
It should be obvious that hard resistance is up near 800, and hard support is down near 666.
We used the June S and P 500 futures chart this time around.
It should be obvious that hard resistance is up near 800, and hard support is down near 666.
We used the June S and P 500 futures chart this time around.
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Wednesday, March 11, 2009
S and P 500 Trend...Two Days Up...Then...
It is not unusual for the a severely down sloped market to see a sharp two day rally contra trend rally. We are seeing that now.
Savvy short term traders should look to sell any rally into the 740-750 range on Wednesday night or Thursday.
The inside day after the bottom, followed by a hook up does warrant some caution. It is possible that we could see an extension of the rally after a short pop down. The more significant resistance in this down trend is up near 800.
The down trend remains intact.
Savvy short term traders should look to sell any rally into the 740-750 range on Wednesday night or Thursday.
The inside day after the bottom, followed by a hook up does warrant some caution. It is possible that we could see an extension of the rally after a short pop down. The more significant resistance in this down trend is up near 800.
The down trend remains intact.
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Monday, March 9, 2009
S anp P support 652 and dropping March 9
We are using the S and P 500 March futures contract this morning.
Support continues to decline and is now around the 652 area. Price drops more than one percent below this level should find good support today.
There is good news as the momentum behind the downside thrust is slowing. However, the market is still subject to a potential downside market capitulation at any time. A hard downside thrust, or continued slow deterioration is likely to trigger mutual fund redemption's.
Many forecasters are calling for a low around the S and P 500, 600 level. This almost seems like a self fulfilling prophesy coming to fruition. Maybe, maybe not.
Support continues to decline and is now around the 652 area. Price drops more than one percent below this level should find good support today.
There is good news as the momentum behind the downside thrust is slowing. However, the market is still subject to a potential downside market capitulation at any time. A hard downside thrust, or continued slow deterioration is likely to trigger mutual fund redemption's.
Many forecasters are calling for a low around the S and P 500, 600 level. This almost seems like a self fulfilling prophesy coming to fruition. Maybe, maybe not.
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