PPM Blog

The problem with market timing is that like most successful trading strategies, it works, until it doesn’t. And when it stops working, the losses can be dramatic. Read More

Sears Holdings Corp. (SHLD) swung to a profit in its fiscal first quarter on a boost from shedding some real estate, part of slimming-down the retailer signaled Thursday it intends to continue as it revealed plans to trim its stake [...]

NEW YORK (MarketWatch) — Canadian Pacific Railway said Thursday Chief Executive Officer Fred Green has left the company, effective immediately. The Calgary company also said board members John Cleghorn, Tim Faithfull, Edmond Harris, Michael Phelps and Roger Phillips to not [...]

Buy when the momo crowd panics, sell when they are very pleased with themselves, and short sell when smart money begins to challenge the them. Read More

Coverage of Facebook has been universally positive. Contrast that with the tone of articles written about Google in August 2004, ahead of its IPO. Can we draw any conclusions? Read More

Josh Brown weighs in with some notes from Wednesday’s Ira Sohn Conference. Plus, a look at David Einhorn’s publicly traded vehicle, and more thoughts on Yahoo. Read More

Several large hedge funds and investment advisory firms sold large positions in Chesapeake Energy Corp. CHK during the first quarter. The sales by some of the largest movers and shakers on Wall Street is a sign that the company was [...]

The monthslong Canadian Pacific Railway Ltd. proxy fight, which culminates Thursday at the railroad’s annual meeting in Calgary, is being called a corporate culture shift in Canada. It’s also been quite nasty, which isn’t very Canadian. Read More

We haven’t learned any lessons from the ethanol debacle. Read More

Europe’s problems are well-documented, although there is some sentiment that disaster can be averted. However, the dangers are real enough that any exposure to small- and mid-sized European banks should be reconsidered. Read More