Author Archive for Mike
Mike is the founder of this site, www.mikefanelli.com He has extensive professional experience in accounting and financial analysis, and is currently a licensed CPA, with a focus on Merger & Acquisition Due Diligence in New York, NY.
Chart of the Day, CNN Money Questions and Other Items from Today
NEW YORK (CNNMoney) — U.S. stocks were poised for a lower open Monday, taking cues from European markets as investors worry about a possible bailout for Portugal. Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were down ahead of the opening bell. Futures measure current index values against perceived future performance. // [...]
Weekend Reading 1.9.11
Good afternoon and I hope your weekend is treating you well. I am currently watching the Packers vs. Eagles playoff game, while finishing up making homemade Italian sauce. Here are some noteworthy items for your Sunday viewing pleasure. Looking to start a business? I just got an email from GlobalBX, which discussed various traits of [...]
News and Notes from 1.7.11
Good morning. Futures aren’t sure exactly what direction they want to move this morning. About a half an hour ago all indices were lower, and now at the time that I am typing this post, the Dow is slightly higher. Traders are on the edge of their seats this morning (not that they sit down…come [...]
Telecom Company Comparison…$VZ, $T, $Q, $S
Note: As of the date of this post, I am long VZ. // The Telecom industry has been a very talked-about industry within the past year…Verizon vs. AT&T, Android vs. iphone, Fios, smart phones, internet TV…..etc. The below analysis is very high-level and is not meant to be an all-inclusive research analysis to perform your [...]
I hate my mortgage payment…
I guess hate is a strong word and I probably shouldn’t use it in this instance, but hey, what the hell. We purchased a nice new home in April 2009 (got a great price since the market was pretty horrible at that point….see SPY for overall market tanking….not many people buying homes at a time [...]
News and Notes from 1.6.11
Good morning. Futures are slightly higher primarily driven by a modestly better jobs picture. Here are the top stories that I have read this morning: Bloomberg: Yahoo! Inc. is staking a claim in interactive advertising, a market projected to boom as televisions and set-top boxes offer Web connections. WSJ: Facebook Orders Flood Goldman -The firm [...]
Piotroski Screen Results: 1.5.11
The Piotroski stock screen is one that I am familiar with and have discussed previously on this blog. This is a value based screening tool which was developed by Joseph Piotroski. I haven’t ran this screen in awhile (since June 2010 to be exact….what the hell have I been doing for the past seven months….oh [...]
This article scares the $h!t out of me……
Not really. It is actually slightly annoying, even if it may be true. First, please read (or skim or just skip all together and read my summary below) the article here: Investing Dying as Computer Trading, ETFs & Dark Pools Proliferate. Essentially, what the writer (John Melloy) is saying is that high-frequency trading is ruling [...]
