BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Byron Wien: Legendary investor moves over to Blackstone]]>http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/#commentsFiled under: ,

As seen on the Blackstone Group's (NYSE: BX) latest earnings conference call, the firm is trying to find ways to diversify its platform beyond buyouts (this is no fluke as other firms, like KKR, are doing the same thing). One of the areas of interest is actually hedge funds.

To this end, Blackstone made a big hire this week, bringing Byron Wien on board as the vice chairman of Blackstone Advisory Services. Actually, he is leaving Pequot Capital Management Inc., which is a hedge fund that is in the process of closing down (assets were as high as $15 billion). The firm is now faces an SEC investigation regarding trading in Microsoft's (NASDAQ: MSFT) stock. This is according to a report in the Wall Street Journal [a paid publication].

Continue reading Byron Wien: Legendary investor moves over to Blackstone

Byron Wien: Legendary investor moves over to Blackstone originally appeared on BloggingStocks on Thu, 13 Aug 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Blackstone GroupBXByron WieninthenewsKKRMicrosoftMorgan StanleyMSMSFTPequot Capital ManagementTen SurprisesThu, 13 Aug 2009 14:00:00 EST<![CDATA[Indicators lining up for possible market bottom this morning]]>http://www.bloggingstocks.com/2007/08/16/indicators-possibly-lining-up-for-market-bottom-this-morning/http://www.bloggingstocks.com/2007/08/16/indicators-possibly-lining-up-for-market-bottom-this-morning/http://www.bloggingstocks.com/2007/08/16/indicators-possibly-lining-up-for-market-bottom-this-morning/#commentsFiled under: , , , ,

Indicators are lining up this morning for the market to bottom. The Dow will hit its 200-moving day average and virtually every other oscillating tool is suggesting the market is tremendously oversold.

The S&P 500 and Russell 2000 have all also corrected to their long-term moving-average support levels. As with most major corrections, the averages have broken through or will break through them this morning, providing that additional fear investors feel when the market finally capitulates.

Noteworthy pundit Byron Wien, of Pequot Capital and long-time Morgan Stanley strategist, said in a CNBC interview earlier this week that his target for the S&P 500 is 1,600. Tom McManus, who has also developed a good long-term track record, upped his target for the S&P 500 not too long ago.

All told, fear has replaced greed. It is time to line up your wish list and start buying. Stocks Theflyonthewall.com has recently blogged about that investors may want to look at include National Semiconductor Corporation (NYSE: NSM), General Motors Corporation (NYSE: GM), Global Crossing Limited (NASDAQ: GLBC), Level 3 Communications Inc (NASDAQ: LVLT), AES Corporation (NYSE: AES), UAL Corporation (NASDAQ: UAUA) and Home Depot Inc (NYSE: HD).

Indicators lining up for possible market bottom this morning originally appeared on BloggingStocks on Thu, 16 Aug 2007 10:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Byron WienByronWiencorrectiondowGLBCGMHDindicatorLVLTmarket bottomMarketBottomNSMUAUAThu, 16 Aug 2007 10:44:00 EST