Investment Thoughts and Ideas http://www.sunnyforest.com/SunnyBlog/tabid/71/BlogId/5/Default.aspx en-US admin@sunnyforest.com Mon, 06 Sep 2010 08:34:16 GMT Mon, 06 Sep 2010 08:34:16 GMT http://backend.userland.com/rss Blog RSS Generator Version 3.2.0.29758 The Consumer Confidence Index (CCI) measures the level of optimism of consumers. It turns out that this indicator is a good long term contrarion indicator. In the past 40 years, the indicator managed to pinpoint 5 market bottoms since 1969. That's a whopping 5 out 5 times! http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/32/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/32/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=32 Thu, 30 Apr 2009 02:20:15 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=32 Back in early 2003, the world was hit by SARS (Severe Acute Respiratory Syndrome). What's interesting is the similarity of the the market environment to what we have today and the swine flu. In early 2003, the S&P 500 was running into its 3rd year of bear market. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/31/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/31/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=31 Thu, 30 Apr 2009 02:18:09 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=31 It looks like we may have just touched the bottom of Round 2 of this multi-year secular bear market. The first one was in 2003. Even though the last two secular bear markets (1930's & 1970's) the PE reached an all time low of around 7 times earnings. While, the current PE on the broad market is just around 13 today, it doesn't look like it will fall all "off the cliff' again like in last November to extreme low valuations, not just yet. And here's why. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/30/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/30/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=30 Sun, 05 Apr 2009 21:26:17 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=30 Hope this letter will calm the market. Pass it along. "THE financial world is a mess...So ... I’ve been buying American stocks. Why? http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/29/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/29/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=29 Fri, 05 Dec 2008 15:38:35 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=29 The failure of the largest Leverage buy out deal for BCE or Canada's largest telecom company demonstrated just how greedy investors were. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/28/Default.aspx http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=28 Fri, 05 Dec 2008 15:33:19 GMT http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=28 ETFs like Proshares and BetaPro in Canada have gotten more popular in the past year. Many of us have gotten rather concerned about the associated credit risk or counterparty risks when owning one of these ETFs. Morningstar recently reported what are some of the risks associated to trading ETFs. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/27/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/27/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=27 Wed, 15 Oct 2008 13:46:14 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=27 Most of us are still quite confused about the whole subprimed mortgage mess that got us into this global financial crisis today. Check out this presentation on Google Docs...it pretty much explains everything in cartoon. Cute! http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/26/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/26/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=26 Sun, 12 Oct 2008 03:42:50 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=26 “Macquarie Infrastructure Company estimates that global infra spending will reach $30 trillion in the next two decades. The increasing popularity of the group has made for a wild rise -- earlier this year, amid growing fears of a global recession, the stocks got pummeled. “ http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/25/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/25/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=25 Fri, 15 Aug 2008 13:39:06 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=25 I am glad the market in general has been giving such a doom and gloom view on Dell. Its stock price halved from $40 to $20 just 3 years ago. I think it’s great because it simply gives me the opportunity to buy into a good, if not great, company like Dell. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/24/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/24/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=24 Fri, 16 May 2008 16:48:57 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=24 Here's something interesting I found out in the 2007 Berkshire Hathaway annual report. By now, we all know Warren is a big bull in the stock market in the next 11 to 19 years. Looking by his actions, Berkshire sold puts on notional value of $35 billion. That's no chump change. It's a big bet! With actually very little risk. Let me explain but before, let's read what he wrote in the annual report. http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/23/Default.aspx http://www.sunnyforest.com/SunnyBlog/tabid/71/EntryID/23/Default.aspx#Comments http://www.sunnyforest.com/Default.aspx?tabid=71&EntryID=23 Tue, 15 Apr 2008 21:49:39 GMT 0 http://www.sunnyforest.com/DesktopModules/Blog/Trackback.aspx?id=23