This morning, I am speaking to a local group of business owners on the subject of social networking. The over-30 generations are catching on.
Lumber futures are up limit this morning. Perhaps my investment in Rayonier (RYN) will finally come to life. I have been patient with Rayonier, as an investor should be. The stock has moved sideways, though I have collected two dividend payments.
It is options expiration week. Usually Tuesday or Wednesday is a nasty down day. I wonder if that will be the case this cycle.
P.S. Will you be there when Cramer makes his next move?
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Market Commentary Kass: The Quant Bubble 11/17/2009 12:01 PM EST Quant funds' outsized influence in buying stocks, bonds and commodities is approaching the height of its popularity.
Market Commentary MasterCard Takes a Tumble 11/16/2009 2:41 PM EST It makes you wonder if this stock is finally a source of funds.
Market Commentary Market Looks Kindly on IberiaBank 11/17/2009 10:00 AM EST Shares of the bank have risen after it bought two Florida banks that were closed by regulators.
At the time of publication, Rothbort was long Rayonier, although positions can change at any time.
Scott Rothbort has over 25 years of experience in the financial services industry. He is the Founder and President of LakeView Asset Management, a registered investment advisor specializing in customized separate account management for high net worth individuals. In addition, he is the founder of TheFinanceProfessor.com, an educational social networking site; and, publisher of The LakeView Restaurant & Food Chain Report. Rothbort is also a Term Professor of Finance at Seton Hall University's Stillman School of Business, where he teaches courses in finance and economics. He is the Chief Market Strategist for The Stillman School of Business and the co-supervisor of the Center for Securities Trading and Analysis.
Mr. Rothbort is a regular contributor to TheStreet.com's RealMoney Silver website and has frequently appeared as a professional guest on Bloomberg Radio, Bloomberg Television, Fox Business Network, CNBC Television, TheStreet.com TV and local television. As an expert in the field of derivatives and exchange-traded funds (ETFs), he frequently speaks at industry conferences. He is an ETF advisory board member for the Information Management Network, a global organizer of institutional finance and investment conferences. In addition, he is widely quoted in interviews in the printed press and on the internet.
Mr. Rothbort founded LakeView Asset Management in 2002. Prior to that, since 1991, he worked at Merrill Lynch, where he held a wide variety of senior-level management positions, including Business Director for the Global Equity Derivative Department, Global Director for Equity Swaps Trading and Risk Management, and Director for secured funding and collateral management for the Global Capital Markets Group and Corporate Treasury. Prior to working at Merrill Lynch, within the financial services industry, he worked for County Nat West Securities and Morgan Stanley, where he had international assignments in Tokyo, Hong Kong and London. He began his career working at Price Waterhouse from 1982 to 1984.
Mr. Rothbort received an M.B.A., majoring in Finance and International Business from the Stern School of Business, New York University, in 1992, and a B.Sc. in Economics, majoring in Accounting, from the Wharton School of Business, University of Pennsylvania, in 1982. He is also a graduate of the prestigious Stuyvesant High School in New York City. Mr. Rothbort is married to Layni Horowitz Rothbort, a real estate attorney, and together they have five children.