Carl Icahn Follows 5 Journalists Why These Guys? Are They Good Icahn Sources? $AAPL

Carl Icahn on the now very famous Twitter feed follows only 5 individuals all of whom are respected Business Journalists. They are

Nathan Vardi  Forbes Reporter @nathanvardi

Steven Bertoni   Forbes Associate Editor @StevenBertoni

DAVID FABER   CNBC   @davidfaber

Trish Regan Anchor & Editor at Large BloombergTV  @trish_regan

Scott Wapner   CNBC  @ScottWapnerCNBC

Communication is nuanced process. These five scribes are all reputable and work for reputable news organizations. Carl Icahn has close to 53K of followers. In aggregate these five have 86K in followers. The Forbes guys are really low. Print vs television maybe? So the relative followers on Twitter has nothing to do with it. So watch and listen and see if these guys are just newshounds or can they be played in some fashion.

George Gutowski writes from a caveat emptor perspective. He can be followed on Twitter @financialskepti To the best of his knowledge Carl Icahn does not follow him on Twitter. But if you want you can follow Carl_C_Icahn. I’m sure every Barracuda class action lawyer is.

Blackberry $BBRY Whatz Next? What do we use for a Short Position?

Blackberry (Nasdaq:BBRY) is probably going private. Not long ago the stock was north of $60. Today it flits around $10. Blackberry became the whipping boy that everyone loved to short. You know the hedge fund guys with the long short positions. The question becomes who to pick on now for a short.

While some investors are glad this one is going off the radar a lot of traders big and small loved using the stock as the short. It will be hard to replace the sentiment that was so strongly against Blackberry and probably justified the possible buy-out.

George Gutowski writes from a caveat emptor perspective. follow him on Twitter @financialskepti

Hush My Children. Volatility has gone away. $VIX $VXX Maniacal Laughter Follows

Hush my children volatility has gone away. It was so unwelcome and made investors so unhappy. You know everyone likes to be long and happy. Blue skies as far as we can see. Never mind about any of the following issues.

  1. Tapering off of QE and rising interest rates negatively impacting personal and corporate circumstances.
  2. Rising price of Oil which sucks money out of the economy faster than a tax.
  3. Fragile recovery with uncertain employment growth.
  4. Certain knowledge that stocks cannot continue to go up forever.
  5. Huge federal deficit distorting real economic conditions.
  6. Fewer and fewer CEO’s ready to guide earnings upwards.
  7. Lack of personal savings jeopardizing many a seniors retirement.
  8. China bubble may blow because of China Debt bubble.
  9. Europe is not stable financially. But you all knew that.
  10. Obama-care delays creating uncertain financial burdens on individuals and small businesses.
  11. Chaotic middle east. Potential allies difficult to assess.

That’s before you drill down and listen to a particular story about any one of thousands of stocks.

Hush my children. Volatility has gone away. If you hear maniacal laughter pay no heed. They’re only disturbed and must no be paid attention to.

George Gutowski writes from a caveat emptor perspective. Todays best advise is to keep your powder dry and value liquidity. Investing is a long-term process.

Can an Oracle be a Twitter $TWIT $BRK.A $BRK.B #SEC #REGFD

Warren Buffett is now in the Twitter house. Good luck with that. His every world and gestured are analyzed and parsed to death. He has even applied to the SEC to exempt him from reporting standards claiming he is so famous when he reports an acquisition the stock jumps in value in anticipation. (He had a point but rules are rules)

So if he wants to camouflage his buy and sells why the hell do you think he will say something decent on Twitter. No actionable intelligence coming here. If you follow him as some 130K already do it will be to see what he does not say.

Warren is in the house like a fox in the hen-house.

George Gutowski writes from a caveat emptor perspective.

JP Morgan Executives Emergency Life Boat Drills $JPM

JP Morgan (NYSE:JPM) and Jamie Dimon are trying to pretend the recent departure of Frank J. Bisignano, co-chief operating officer is like no big deal. Frank Bisignano is moving on to become chief executive of the payment processing firm First Data Corporation.

You should not have games of revolving chairs with a settled executive suite. The co-chief operating set up was just agreed to. So someone did not believe for the time being and pushed the right buttons to get himself another better job. JP Morgan is supposed to be a prestige large money center bank. Top jobs should make you very wealthy.

Frank Bisignano looked at the lay of the land and determined JP Morgan is a discard. I’m sure he had his reasons. He is not a stupid man. But the final analysis concludes JP Morgan is the place to leave.

Ignore the press releases and other blandishments. The departure speaks volumes of Jamie Dimon and JP Morgan. Smart people do not get off a rising rocket.

George Gutowski writes from a caveat emptor perspective.

What Will Big Labour Destroy Next? Big Government Not the Inaugural Address $SPX $DJIA

The very unfortunate fact about big labour is that eventually any economic entity such as a business fails to exist unless they can shake off big labour. Look at big auto, big steel, major industrials with large unionized work forces have mostly gone bankrupt, lost tremendous shareholder value and often are just ground into the dust.

Unionized blue-collar labour has shrunk to a shadow of its former self as one company after another closed, folded, privatized, sold out, collapsed or just plain disappeared. Everything from Cadillacs to Twinkies were union-made. All of them went through catastrophic declines.

The only place where big labour still exists in a strong vibrant form is with big government. Municipal, State and Federal work forces are overwhelming unionized and squeeze the governments (read tax payers).

The end game must be to evolve past the union model or the result will be economic decline.

George Gutowski writes from a caveat emptor perspective. Follow him on twitter@financialskepti or maybe follow his evil twin who is writing a Wall Street Murder Thriller at twitter@georgegutowski

Jamie Dimon’s Wrist Slap. Not Exactly the Wood Shed. $JPM $XLF

Well now that we know he will not get a high political appointment, Jamie Dimon CEO of JP Morgan (NYSE:JPM) has taken a 50% pay cut. Most other high-powered CEO`s would have been hung by the neck. Jamie Dimon pays a $10 million dollar speeding ticket. The Board has the option to revisit and spot compensate if he does something really good and redeems himself. With his ego you know he is looking for another ace.

The board has covered itself retroactively. Several key players have resigned. Some probably as they were being lead to the door. The CEO has been disciplined ever so nicely. No one is sure what the governance changes are to make sure this problem does not occur again. But its all be looked into and after.

I do not wish JP Morgan any harm but it all seems to have been papered over. Record profits are soothing as investors return to a sense of complacency.

The Black Swan wearing an invisibility suit is another governance failure. Be it around a complex trading strategy or something else. JP Morgan cannot take another hit for sometime. Quite frankly they have a glass jaw.

George Gutowski writes from a caveat emptor perspective. Follow him on twitter@financialskepti or maybe follow his evil twin who is writing a Wall Street Murder Thriller at twitter@georgegutowski