Warning: “The Great Bank Run Is Coming”

May
29

By Dan Dorfman

Dan DorfmanDorfman And Dollars
Dan Dorfman follows the dollars and sense of the markets 

You don’t need an Einstein IQ to realize the world needs an economic ambulance. Just click on your TV set or scan the pages of your local paper and the message is loud and clear: the global economies are turning increasingly sour, what with U.S. economic data turning softer, China slowing and the Eurozone undergoing a deepening recession. In brief, it’s getting a lot scarier out there on Main Street, although you would be hard pressed to convince Wall Street of that fact, given the stock market’s vigor this year. Read More

Posted by  
0 Comments

Biderman’s Daily Edge 5/29/2012: Europe’s Silly Sollution & Failures of State and Local Governments

May
29

Today there are two stories that describe the coming financial train wreck ahead — here and in Europe. Bloomberg quoted Mikel Echavarren, who heads a Madrid-based finance company as saying, “Spain has engaged in a policy of delay and pray. The problem has not been quantified by anyone because there is huge pressure not to tell the truth.” Today there are two stories that describe the coming financial train wreck ahead — here and in Europe. Bloomberg quoted Mikel Echavarren, who heads a Madrid-based finance company as saying, “Spain has engaged in a policy of delay and pray. The problem has not been quantified by anyone because there is huge pressure not to tell the truth.” Read More

TrimTabs: Talking Macro with Madeline Schnapp 5/25/2012

May
25

TrimTabs President & CEO Charles Biderman talks with Director of Macroeconomic Research Madeline Schnapp about economic growth and the grim future of Europe. Read More

Gold May Never Trade As Low AS $1,300 Again, Says Leibovit

May
25

By Dan Dorfman

Dan DorfmanDorfman And Dollars
Dan Dorfman follows the dollars and sense of the markets 

Talking about gold with Mark Leibovit, one of the country’s dogged and frequently controversial gold trackers, is never dull or boring. Unlike many of his peers, Leibovit, a long-term gold bull, has no qualms about shouting fire when he thinks the price of the metal is headed south. You never know what he’s going to say or when he’ll occasionally shock you with some seemingly strange, off-the-wall forecast. Here’s a case in point. During a chat we had in September of 2009, just a few days after the price of the precious metal had just topped $1,000 an ounce on inflation worries and a weakening dollar, he suddenly struck me with the kind of talk you might expect from the strait-jacket crowd. “We will never see gold again below $1,000 in our lifetime.” he told me. Read More

Posted by  
3 Comments

Biderman’s Daily Edge 5/23/2012: Zuckerberg Swings and Misses – Could He Still Hit Home Run?

May
23

By now there is no question that the Facebook IPO was totally screwed up. Not only was just about every aspect of the deal FUBARed, but the overall size of the deal, $18 billion, magnified the mess. Yes, Nasdaq and Morgan Stanley both did a horrible job. But ultimately the blame for the disaster is solely on Facebooks 27 year old CEO Mark Zuckerberg. All final decisions regarding each aspect of the IPO had to be made by Zuckerberg. That is what CEOs do. Read More

Biderman’s Daily Edge 5/22/2012: Is China in Recession?

May
22

The next big financial crisis we are likely to face will not come from Europe, which everyone already knows is in recession, but rather from China. China is in big trouble and most investors do not even think that is possible. Everyone still believes that China, even with a slower growth rate, will be the engine that pulls the globe out of economic distress. Read More

TrimTabs Introduces Biderman’s Market Picks

May
22

Introducing a new weekly product from TrimTabs: Biderman’s Market Picks!

This is the first TrimTabs Investment Research Biderman’s Market Picks, which is free to all. Biderman’s Market Picks will be available at mid day each Monday or the first trading day after a holiday. The next issue will be on Tuesday May 29.

You can purchase single issues for $10. For the next month, you can also purchase an annual subscription for just $260, which is half off the regular price of $519.

Purchase Single Issue May 29, 2012: $10
Purchase Annual Subscription:$260

Read More

Down, Down, Down For Facebook

May
21

By Dan Dorfman

<strong><span style="text-decoration: underline;"><a href="http://charlesbiderman.com/category/dorfman/"><img class="alignleft size-full wp-image-1825" title="Dorfman" src="http://charlesbiderman.com/wp-content/uploads/2012/01/Dorfman.jpg" alt="Dan Dorfman" width="50" height="50" /></a></span><a href="http://charlesbiderman.com/category/dorfman/">Dorfman And Dollars</a></strong><a href="http://charlesbiderman.com/category/dorfman/">
</a><strong><em><a href="http://charlesbiderman.com/category/dorfman/">Dan Dorfman follows the dollars and sense of the markets</a> </em></strong>

Alas, it was another painful example that exuberant expectations die fast on Wall Street.

It happened again this past Friday, which some veterans thought would turn out to be a fabulous Friday, a day that would pull the sagging stock market out of the doldrums and end the 843-point dive in the Dow Industrials since the end of March. The catalyst was supposed to be social networking biggie, Facebook (FB), one of the most hyped initial public offerings ever. Expectations were widespread that the stock would emulate a spaceship takeoff by climbing well above the $38-a share offering price in its first day of trading, perhaps even more than doubling to the $70-$80 range. That hope turned out to be just another Wall Street pipe dream. Instead the shares were a dud, barely managing to eke out a measly first-day gain of just $0.23 or 0.61%. <a href="http://charlesbiderman.com/?p=3040"><b>Read More</b></a>

Posted by  
1 Comment
Charles BidermanCharles Biderman is the Chairman of TrimTabs Investment Research and Portfolio Manager of the TrimTabs Float Shrink ETF (TTFS)

Biderman’s Practices of Success

I recently launched a new online course, Biderman's Practices of Success, on Curious.com (curious.com/charlesbiderman). The key to the practice of success is to be fully present in the moment and to be totally engaged in the important areas of life, particularly when we do not want to be. Read More.

Archives