This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Day Ahead: The Hannibal Lecter Investing Toolkit

Hannibal Lecter, of The Silence of the Lambs fame, had a portfolio of rather intriguing, if not outright frightening, personal traits. They included a calm, yet calculating voice, a strange mask when locked behind bars and internal anger that was harnessed to unleash horrific, premeditated crimes. Leaving aside the "horrific, premeditated crimes" bit, let's use that inner anger as inspiration in our investing.

Allow me to explain: I have found that a wicked combination of anger and passion are great tools to be used to achieve success. The key here is flipping the switch so that both of these flow through the spout at the same moment. There are valid reasons to be angry right now, as openings bells for the past two weeks have been akin to an open door to slow torture. For instance, we saw a jobless claims surpass a number based on the same forecast models that these folks were all taught at the tender post-college age range of 21 to 25 -- except this was seemingly not to be believed.

Then there's Fastenal (FAST - Get Report), in which faint hope was spotted as the stock sprinted into the field of green grass on the philosophy of, "Hey, man, it could have been worse." Hmm. Well, that is true, but when you chainsaw into the company's ridiculously detailed earnings report, you find that the modest monthly September revenue acceleration -- cheered by the market -- was rooted in a favorable year-earlier comparison. Comparisons in the fourth quarter revert back to difficult, and Fastenal saw it fit to drop these clues that a Word search won't uncover:

  • The run rate of sales is not maintaining its normal seasonal pattern.
  • Selling prices are weakening -- and I do not believe this is solely due to currency fluctuations.
  • Don't even get me started on the domestic and global macroeconomic messages behind Dollar Tree (DLTR - Get Report) sounding the alarm bell on sales and earnings, or AMD (AMD - Get Report) joining the list of "massive" earnings warnings that I have indicated in recent weeks. Meanwhile, Burberry's stock moved higher on a meager 1% improvement in same-store sales -- to 1% growth -- from Sept. 11, while warning that middle-income consumers were shopping less frequently. (I never was a fan of Burberry Brit.)

    Check Out Our Best Services for Investors

    Action Alerts PLUS

    Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

    Product Features:
    • $2.5+ million portfolio
    • Large-cap and dividend focus
    • Intraday trade alerts from Cramer
    Quant Ratings

    Access the tool that DOMINATES the Russell 2000 and the S&P 500.

    Product Features:
    • Buy, hold, or sell recommendations for over 4,300 stocks
    • Unlimited research reports on your favorite stocks
    • A custom stock screener
    Stocks Under $10

    David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

    Product Features:
    • Model portfolio
    • Stocks trading below $10
    • Intraday trade alerts
    14-Days Free
    Only $9.95
    14-Days Free
    Dividend Stock Advisor

    David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

    Product Features:
    • Diversified model portfolio of dividend stocks
    • Updates with exact steps to take - BUY, HOLD, SELL
    Trifecta Stocks

    Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

    Product Features:
    • Model Portfolio
    • Intra Day Trade alerts
    • Access to Quant Ratings
    Real Money

    More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

    Product Features:
    • Access to Jim Cramer's daily blog
    • Intraday commentary and news
    • Real-time trading forums
    Only $49.95
    14-Days Free
    14-Days Free

    Markets

    Chart of I:DJI
    DOW 17,630.96 -20.30 -0.12%
    S&P 500 2,048.14 -2.98 -0.15%
    NASDAQ 4,715.7220 -9.9170 -0.21%

    Our Tweets

    Free Reports

    Top Rated Stocks Top Rated Funds Top Rated ETFs