finance

Understanding the Stock Market – Movements in Share Prices

Perhaps the biggest factor in determining the price of a share is earnings. If people expect a company’s forecasted earnings to rise, the share price of that company shall rise almost immediately. Conversely, investors predict company earnings to fall, the share price shall also decline.

Then if down the road, actual earnings exceed the expected ones, the price will jump immediately; the company has become instantly more valuable to own. Similar reasonsing applies if the actual earning are less than expected.

Unless,

take the case of the giant processors, chips. and artificial intelligence company Nvidia. Nvidia’s price plunged 8.48% today despite having actual earning exceed predicted ones.

WTF happened?

Investors had become used to actual earnings exceeding expected ones.

So,

Investors were expecting expected earnings to exceed earnings. So, if expected expected earnings are expected to exceed expected earnings and they don’t, the price of a share of that stock will fall big time.

And that’s why Nvidia’s shares fell in value.

Simple.

 

– Paul De Lancey, The Comic Chef, Ph.D.

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

 

 

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I Again Simplify Federal Taxes

I spend bits of time all year long assembling documents for my taxes. I spent more time this month. I labored all freakin’ day collating information that gladdens the  IRS’ heart.

What really gets my goat is that frigging complicated tax form. With all the schedules that go along with the main page, a taxpayer could easily fill out over 30 pages. You’ll need to hire a tax preparer. That’ll run you hundreds of dollars. And that’s after spending three days assembling all the information. What makes it even more horrible is that the IRS scans all the returns looking for mistakes.

Looking for mistakes. Let that sink in. That means they already have the numbers you need to type in on the forms. And they will tell you when they think–no, when they now–you are wrong. What can be done to fix all this madness and frustration?

I’m glad you asked. Let the IRS do your taxes for you, They know what they want on your forms, schedules, and attachments anyway. I hereby propose a new and quite simple form to replace all the tree-devouring pages you used to submit.

Much of this rant comes from a blog written three years ago. But, as you can see the IRS has neglected to enact my clever, nifty idea. So, it is with a sense of eternal optimist that I suggest brilliantly simple tax form.

It’s called the 1040-P. (P stands for Paul, me. I created this glorious, time saving, liberating page. I deserve some recognition.)

Anyway, I give you the 1040-P

 

– Paul De Lancey, The Comic Chef, Ph.D.

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

 

 

 

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Number Two Son Is Now a CPA

Number Two Son’s CPA double

Well. the title of this post gives it away, but I don’t care. I’m so proud of him.

My son is now an official Certified Public Account. Hooray!

 

– Paul De Lancey, The Comic Chef, Ph.D.

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

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Deep Thought Man on Brokerage Firms and Smiling

Deep thought man has been away for a while. He’s been climbing a mountain.

Deep Thought Man #15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

– Paul De Lancey, The Comic Chef, Ph.D.

­My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

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Financial Goals

 

– Paul De Lancey, The Comic Chef, Ph.D.

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

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Ask Dr. Economics – Poverty

Penny

 

 

Dear Dr. Economics,

Why is there so much poverty?

– Ms. Anne Thracks, Paducah, KY

 

Dear Ms. Thracks,

Too many people don’t have enough money.

 

– Paul De Lancey, The Comic Chef

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

 

 

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Chicken Prosciutto Sandwich

Fusion Entree

CHICKEN PROSCIUTTO SANDWICH

INGREDIENTSChickenProscuitto-

4 chicken breasts
1 cup aioli sauce
6 ounces mozzarella
1 Roma tomato
4 sesame-seed hamburger buns
1 cup bread crumbs
8 slices proscuitto
4 lettuce leaves
no-stick spray

SPECIAL UTENSILS

kitchen mallet
parchment paper
3 cookie or baking sheets

Takes 1 hour 40 minutes. Makes 4 sandwiches.

PREPARATION

Preheat oven to 425 degrees. Flatten chicken breasts with kitchen mallet. Add chicken breasts and aioli sauce to large mixing bowl. Turn chicken breasts by hand until chicken is thoroughly coated. Put in refrigerator and marinate for 1 hour.

While chicken marinates, cut mozzarella and tomato into 4 slices each. After marinating, add bread crumbs to 2nd mixing bowl. Place a mozzarella slice on each hamburger-bun top. Remove chicken breasts from 1st mixing bowl, saving the remaining aioli sauce. Dredge chicken breasts through bread crumbs until they are completely coated. Spray 1st cookie sheet with no-stick spray. Bake at 425 degrees for 20 minutes. (You will be adding two more cookie sheets after 13 minutes.)

While chicken is baking, place parchment paper on 2nd cookie sheet. Place proscuitto on top of parchment paper. Place all hamburger bun halves, including the ones with cheese, on 3rd cookie sheet. After the chicken has baked for 13 minutes, add the proscuitto and the cheese-covered buns to the oven. Continue baking for another 7 minutes or until chicken crumbs are golden brown, proscuitto is starting to become crispy, and the cheese on the buns has melted.

Spread saved aioli sauce on hamburger-bun bottoms. Place lettuce leaf on bottom hamburger bun. Put chicken breast on lettuce leaf, then add 2 prosciutto slices. Complete with cheese covered hamburger-bun top.

TIDBITS

1) Have chicken prosciutto sandwiches always been round?

2) No! Prior to the siege of Picanza, Italy by Napoleon’s troops in 1813, they were triangular. The Picanzans found that shape easy to hold while eating.

3) The triangular sandwiches were also deadly weapons in the hands of the town’s ninjas, particularly after the snack had hardened from being left out in the hot Italian Sun for two weeks.

4) Oh! Don’t forget to go to Picanza’s annual Ninja Chicken Prosciutto Sandwich Toss Festival every April 1. Teams from all over the world compete for the Golden Sandwich Trophy, although Italy and Japan have done all the winning. Be sure to get out of the way of the tosses!

4) The odor from two-week old prosciutto often drove away invading armies just by itself. Well, at least until 1767 when it became standard for armies to carry pumpkin-spiced incense sticks.

5) But in 1813, the clever Napoleon constantly moved his troops upwind from the city. The gale forces winds of that summer continually blew the chicken-prosciutto-sandwich-death triangles back into the city whey dealt widespread carnage among the cafe drinkers. To this day, Picanzans always drink their espresso inside.

6) It looked bad for the Picanzans. The French would fire cannon balls into the city. The Picanzans unable to hurl their hardened sandwich resorted to making scary faces at the besiegers. It was an unequal struggle.

7) Thank goodness for the annual Bowling Ball Festival. Unlike most bowling festivals, this one took place on the precipitous Strada Ripido. Why was it held on such a steep street? The competitors used Parmesan wheels as bowling balls and those 200 pound rounds are heavy. Francesco Poblano suggested they crush the French army by rolling Parmesan cheese at them. The mayor said, “Are you crazy! How will we make eggplant Parmesan?” The ever-clever Franceso said, “Why not make our chicken prosciutto sandwiches round. That way, when they don’t get eaten, we can roll the hardened sandwiches down our steep hills and crush the French down below.”

8) The mayor and other notables proclaimed Francesco a genius and erected a statue in his honor made of bread crumbs and eggs. That statue is still there.

9) Anyway, the Picanzans rolled chicken-prosciutto sandwiches dried out to death dealing hardness at Napoleon’s forces. The bowled over French fled the surrounding hill in terror. Napoleon suffered an irreversible blow to his prestige. Nations all over Europe took courage from his humiliation and rose up against him, swamping the French armies by sheer force of numbers.

10) By 1815, the once great French emperor was exiled to the remote island of St. Helena, where he eked out a tenuous living selling French-style hot dogs out of a vending cart.

11) Oh! Don’t forget to go to Picanza, Italy for its annual Bowling Ball Festival. It’s exciting, particularly if you watch the event at the bottom of Strada Ripido. I suggest paying extra for seats at the top of the steep road.

– Paul De Lancey, The Comic Chef

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

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Doctor Economics – What We Should Do With Spammers

Penny

What is the most annoying aspect of our lives? It is, of course, spam on our computers. Spam is broken down into three basic types: ViagraTM, ways to lengthen your penis, and offers to inherit money from an ex-Nigerian dictator. All of this is only really useful to the kin of Nigerian dictators who are trying to finance penis-enhancement operations. And how many of us fit that description?

How about eat the spammers? Only four problems occur to me. First cannibalism in illegal in all fifty states. (I’m reasonably sure there’s religious exemption for this.) Second, how do we find the spammers? Third. what wine goes with grilled spammer? Merlot? Zinfandel? There are no books for this.

So, cannibalism is out. I never had much stomach for it anyway. I therefore propose a fee on all e-mail. Now hold your horses partner, let me finish. It would only be a small fee, say one cent per 100 e-mail recipients. If you only sent e-mail to five people each day, your annual fee would come to 18c. Affordable, you bet.

But what about the billions of dollars that would flow into the Federal Coffers from this levy? I’m glad you asked. Here are my suggestions.

1) Reduce the Federal deficit.

2) Bacon and chocolate for everyone.

3) Reduce taxes.

4) Subsidize the CowboyMetricsTM Society. (Helping out the statistically challenged kids of cowboys everywhere.)

5) Bacon and chocolate for everyone.

6) Lower the price of cell-phone plans.

7) Add gourmet lunches to all school cafeterias.

8) Jail cells for all those who don’t make their choices before getting to the fast-food counters.

9) Jail cells for all those who block the aisles in supermarkets with their carts.

10) Teaching quilt making to all the people who soon be in our prisons.

11) Develop computers that never freeze.

12) Bacon and chocolate for everyone.

– Paul De Lancey, Dr. Economics

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

 

 

 

 

 

 

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Dr. Economics – Stock Opportunities During Limited Nuclear War

StockGraph

Hold on, eager investors, I’m not going to mislead you. Not every stock is going to rise during a limited nuclear war. There will, however, be a few nuggets here and there. But first, let’s decide on a definition for a limited nuclear war. For our purposes, it shall be one modest nuclear missile lobbed at one of our major cities by some disgruntled country, DC, that is really, really peeved at us. I won’t name names, DCs, that would be impolite, but you know who you are. Don’t make me come back there.

What would be the general effect of that peeved country nuking one of our cities? Sad to say, it’s almost a certainty the market would react negatively to such news. Why? The market hates uncertainty, even more than you hated going to the dentist as a kid. Just look how the housing/lending crisis, a few hundred billion dollars lost here and there and WHAMO!, the stock market plunges 50%

But even more uncertainty would result from even so pro forma a strike as one nuclear missile. Who know, that DC might up and launch another ten or twenty missiles at our cities. If that isn’t uncertainty, then what is? So, I feel safe in saying that even one obliterated city would drive the stock market down by more than 50%. And that goes for all major indices, not just the DJIA.

Such pessimism by the market is only natural. Who hasn’t taken an occasional view whether from a marital spat, an unkind word from a colleague, or an undeserved parking ticket. But life is never all bad. All clouds have a silver lining, even a smallish nuclear war.

Suppose some bad country’s nuclear missile wiped out Chicago, forever wiping out the Cub’s chances to win the World Series. Chicago is littered with insurance companies. They would be vaporized. Less competition for out-of-Chicago insurance companies means more profits for them. More profits mean higher share prices.

There, I see the smile coming back to your face. Just make sure pick an insurance company with limited exposure to the windy city. Chicago is also a major rail and air hub. Sell all railroad and airline companies going through there in favor of ones with hubs in St. Louis or New Orleans. Furthermore, the future for hospital stocks would look particularly bright with many people likely to need multiple, expensive treats.

See? A modest nuclear strike would present many opportunities for the savvy investor. Be one.

– Paul De Lancey, Dr. Economics

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

 

 

 

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Great Moments of Insight

“Insiders buy stocks for only one reason. They think the prices will go up.”

– From an online advertisement.

 

“Heat rises in Holland.”

– Dutch real estate agent

 

Whoa, slow down. Let me absorb this.

– Paul R. De Lancey – historian

 

My cookbook, Following Good Food Around the World, with its 180 wonderful recipes, my newest novel, Do Lutheran Hunks Eat Mushrooms, a hilarious apocalyptic thriller, and all my other books, are available on amazon.com.

Categories: finance, humor | Tags: , , , , , , | Leave a comment

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