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Tag: "Europe"

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Lewis Wins Two Races

Lewis Wins Two Races

Laguna local Michael Lewis won two races at Mazda Raceway Laguna Seca on Sunday, May 4, his first time on the historic road course. After competing in formula cars in Europe, this season Lewis returned to the U.S. After four races, Lewis’ two wins have placed him in second position in the 2014 Porsche GT3 […]

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Methodists Recruit New Leaders

Methodists Recruit New Leaders

Brian Pearcy and Dr. Phil Theodorou recently joined the staff of Laguna Beach United Methodist Church.  Pearcy, a resident of Dana Point, is director of children’s and youth ministries and Theodorou, who lives in San Clemente, is director of music. Dr. Theodorou assumes the role of music director following Jeff Foster, who along with his  […]

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Virgil Marvin Irwin

Virgil Marvin Irwin

Virgil Marvin Irwin, 87, died peacefully at home in Ventura, Calif., on Oct. 25.  He left a far flung, extended family and many friends to celebrate his long life. Marv was born on Jan. 13, 1926, in Spokane, Wash., to Lila White and Joseph Irwin.  He graduated from Lewis and Clark High School in 1944 […]

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Envisioning a Beach Boardwalk Extension

Envisioning a Beach Boardwalk Extension

  Editor, The two-mile Laguna boardwalk: imagine the boardwalk on Main Beach that would stretch all the way to Anita Street. All the hotels would have a romantic, safe and quiet pedestrian friendly connection to the main part of town. Laguna would have one more attraction, an amazing promenade for pedestrians, rollerbladers, bicycles, joggers. My […]

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Taking Stock

Taking Stock

Weeding And Seeding Stocks appear to be firming up as if they were going to the gym for workouts instead of to their creditors for financial workouts. Some of their support is coming from an absence of any more dramatically bad news from Europe. Those troubled economies are prompting companies with global sales to temper […]

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Taking Stock

Taking Stock

A Long, Warm Summer Midsummer arrived on schedule as did the first wave of quarterly earnings reports. The summer is hot, the reports lukewarm. First returns show decent results in sales and earnings despite a sluggish economic recovery but the forecasts are guarded. Europe’s uncertainties and its slumping economies are beginning to impact the sales […]

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Taking Stock

Taking Stock

On The Bargain Counter The stock market managed to work itself back into an uptrend with volume rising on consecutive up days. No sooner had it achieved this short-term reversal of May’s “correction” than a 200-point down day put its new uptrend under pressure. As economic developments here and in Europe have not produced any […]

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Taking Stock

Taking Stock

Home On The Range Stocks continue to oscillate in what Wall Street likes to call a “trading range.” With all the nerve- wracking news from Europe and unsettled political quarrelling here, it is no wonder that investors do not feel at home on this range. As usual, the public mood exaggerates stock market conditions. Things […]

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Taking Stock

Taking Stock

Market Rallies Are Not Sell Signals Some investors remind me of animals that have been abused and now resist offers of kindness. A majority of investors surveyed in a recent CNBC poll reported that they mistrust stocks to some degree, as if they had been mistreated. This distrust continues despite stocks being up 65% in […]

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Taking Stock

Taking Stock

Quick Start for 2012 Stocks came out swinging at the opening bell of 2012. For a brief period, the market was not burdened with bad news from the bankers of Europe or the political candidates of America. As the holiday glow fades, we can expect the battering to resume as the bankers and politicians return […]

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Talking Stock

Talking Stock

Living With Uncertainty Stock columns at this time traditionally try to forecast the year ahead. Currently, the only certainty is that there will be continued uncertainty and accompanying volatility. That is more of a useful forecast than it might sound. Investors will do better if they accept that stocks will be buffeted by winds from […]

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Taking Stock

Taking Stock

A World of Uncertainties Unemployment finally moved down a notch from 9% to 8.6%, mixed progress is taking place with Europe’s financial problems and stocks continue to bounce up and down. They always have but this year seems to have been particularly hard on investor nerves, probably because much of the fluctuating took place within […]

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Taking Stock

Taking Stock

Winds of change A couple of puffs of good news were enough to prompt a gale of buying that sent stocks up 800 points on the Dow in three days. Gales tend to blow out but the market’s ability to make a lot out of a little shows how depressed stock prices had become despite […]

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Taking Stock

Taking Stock

Stocks And Thanksgiving The stock market continues to be as irrational as an unhappy teenager. Corporate profits are at an all time high at levels that would support a Dow Jones Industrial Average three thousand points higher, were investors not so spooked by debt levels here and in Europe. Meanwhile, unemployment remains painfully high, as […]

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Taking Stock

Taking Stock

The Signal From Europe The latest attempts by European leaders to rescue their continent from its debt crisis are encouraging but not conclusive. This is a complex problem that continues to enhance the relative merits of stocks in companies focused outside the Euro Zone. Solidly financed global companies like Spain’s Telefonica (TEF-$22), Denmark-based Novo-Nordisk (NVO-$110) […]