Not a lot going on. One of the most boring two-month periods I've had as a credit investor. Look at a chart of JNK (Junk Bond ETF) or SPY. Up and to the right, rally mode, which is great unless you're a distressed investor!

Apple is collapsing, or has collapsed, really. A lot of trapped longs there.

 

Apple just released a 128gb ipad, RIMM is releasing their BB10 tomorrow and throwing up an add for the superbowl, should be interesting to watch. Otherwise earnings - like Asatar said are pretty meh (apple sucked, netflix kicked ass and the rest were borderline) Go watch the carl icahn vs ackman interview on CNBC if you have a chance too

Otherwise go here and read to your hearts content: http://marketsnacks.com/

 

[quote=Waymon3x6]Apple just released a 128gb ipad, RIMM is releasing their BB10 tomorrow and throwing up an add for the superbowl, should be interesting to watch. Otherwise earnings - like Asatar said are pretty meh (apple sucked, netflix kicked ass and the rest were borderline) Go watch the carl icahn vs ackman interview on CNBC if you have a chance too

Otherwise go here and read to your hearts content: http://marketsnacks.com/[/quote]

I would strongly disagree with Apple's earnings "sucking". They were pretty damn impressive. I think I read somewhere that Apple made more profit this quarter than Amazon has in it's entire life, havn't had a chance to verify yet though.

 

The most important thing is to understand the drivers behind the current risk rally. This would include the Federal Reserve, the OMT/removal of European tail risk, rebound in China, asset rotation, etc. Just the basics. Next would be to understand the big trends, like historically low interest rates (on a multi-year basis, they have backed up a bit recently), Japan's dilemma and recent policy shift, peak corporate margins, housing rebound, fiscal debate, monetary policy mismatch in EU, why the financial crisis occurred...

 
Best Response

past 10 days-ish

Dell still in talks w/MSFT for LBO w/Silverlake

Netflix killed it in earnings, went up 43% in a day, Ichan balls out hard w/profits on this long trade

Ichan and Ackman start swinging dicks at each other on CNBC

AAPL finally, i hate AAPL, shits the bed

CSCO upgraded and has some long term value ahead of itself

S&P hits 5 year highs

Jefferies CEO gets ridiculously high pay (lucky fucker)

Lloyd gets his $ from GS, up from 2011 but still not what is used to be

Gleacher (founder of Gleacher investment bank) decides to formally retire

each day spend 30 min on the following websites in total (5-6min/each)-

dealbook.nytimes.com bloomberg.com marketwatch.com wsj.com yahoo.com/finance dealbreaker.com

yes you'll get a lot of overlap on the big trending articles, but that will help you see whats really big and hone in on focusing about that stuff

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
 

A great asset shift from cash/money markets to other asset classes China entering a bull rally Ongoing rate cuts and USD purchases from EM and frontier markets in order to keep their currency from appreciating and their exports competitive which leads to perhaps the greatest risk of the year..... ......A potential currency war on a global scale.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”