Archive for December, 2006

We would like to wish you all a Merry Christmas and a Happy Holiday to all who celebrate differently.   Here are some thoughts to reflect upon this year: Around this time of year I often find myself turning my eyes towards the sky – the stars come out so early that it is difficult to resist the urge to observe the... »

Company Profile: MGM MIRAGE (MGM): MGM MIRAGE is a gaming company, which through its wholly owned subsidiaries owns and operates casino resorts, which includes gaming, hotel, dining, entertainment, retail and other resort amenities. The Company owns and operates casino resorts in Las Vegas, Nevada. The Company owns three resorts in Primm, Nevada, as well as two championship golf courses located... »

Company Profile: Costco Wholesale Corporation (COST)Costco Wholesale Corporation (Costco) operates membership warehouses that offer a selection of nationally branded and private-label products in a range of merchandise categories in self-service warehouse facilities. The Company buys the majority of its merchandise directly from manufacturers and routes it to a cross-docking consolidation point (depot) or directly to its warehouses. Costco's depots receive... »

The markets rallied this week, reaching new yearly highs for the overall market, and record highs for the Dow. The rally was fueled by positive economic data that has been released this week and last week as well. The hope of a “Goldilocks” economy is becoming harder to disprove as both market conditions and economic data is pointing in that... »

This portfolio is made up of the 15 defensive stocks that are trading at the highest Return On Investment Capital (ROIC).  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial... »