Archive for November, 2008
Sacramento area home sales continue to
Sacramento County median home price falls to $195,000 – Sacramento Business, Housing Market News | Sacramento Bee.
There is a lot of interesting data in the above linked Sacramento Bee article in spite of the scary headline. From my point of view, the continuing strong sales numbers are still the top bullet point. Sales in the [...]
Southern California Home Buyers ignore bad financial news
Southland home sales up, prices down; foreclosures now half the market.
October home sales data is starting to come in for the California markets and the positive trends are continuing. I had read several articles predicting that home sale would stall as buyer’s fear was incited by the stock market crash. Southern California home buyers did [...]
Mexico signals bottom of oil price drop
Mexico Hedges All Oil Exports in ‘09 at $70 – WSJ.com.
The above article from last week at the WSJ.com (subscription required) detailed how Mexico has purchased puts against its entire 2009 oil production to guarantee an minimum of $70 per barrel. They purchased puts at a cost of $1.5 billion to cover 330 million barrels [...]
New Energy Finance – NEX – Weekly Review
Each week I recap the results of the WilderHill New Energy Global Innovation Index, symbol NEX, and published by New Energy Finance Ltd. The index consists of approximately 90 stocks from 22 countries. The NEX is the tracking index for the PowerShares Global Clean Energy Portfolio ETF (PBD: 15.01 +0.04 +0.27%).
Last week the NEX returned [...]
Going for the yield
On this site I run a hypothetical Income Portfolio populated by high yield stocks. The portfolio is currently populated by 9 stocks from energy, financial, shipping, a REIT and a CEF holding high yield international stocks. Today I took an average yield of the 9 stocks and they have an average annual yield of 19.98% [...]
