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Risk Premium Charts: as of March 20, 2009 

(For past comments, please see below)

Rate of Return & Risk Premiums March 20, 2009
Dow Jones Industrial P/E   8.85x
Industrial Risk Premium 11.30%
Average Industrial Yield 4.27%
Dow Jones Transportation P/E 21.25x
Transportation Risk Premium 8.36%
Average Transportation Yield 2.87%
Dow Jones Utility P/E 9.63x
Utility Risk Premium 10.38%
Average Utility Yield 5.02%

*Numbers may vary from period-to-period due to revisions from reported sources—when such changes are deemed meaningful by us or significant in magnitude, we will discuss in detail the underlying cause, unless otherwise noted, we consider periodic inconsistencies as not relevant to fundamentals or its relationship to certain Indexes.

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INDEX:  COMMENTARIES

"The Ten Rules On How To Avoid The Next Enron"

The 11th Rule

We are pleased to announce that we will be introducing The Whitehall Mortgage OptionTM

This product is designed to allow professional investors as well as mortgage holders and payees to hedge mortgages by using both puts and calls that will result in a more predictable payment action.

  1. MADOFF AND ENRON: The Common Denominator! - December 18th, 2008

  2. CONGRESSIONAL ADVICE FOR THE AUTO INDUSTRY - December 5th, 2008

  3. THE OBAMA EFFECT: What A Difference A Day Makes! - November 5th, 2008

  4. FREDDIE & FANNIE: NOT TO WORRY, YOU’RE JUST A LITTLE PREGNANT (i.e. bankrupt) - Dan Scotto September 7th, 2008

  5. Text of a four part series of Daniel Scotto being interviewed by Bill Paul of EnergyTechStocks on the current state of the utility industry.  Video will be available soon - August 11th, 2008

     


 

  1. Dan Scotto has been indoctrinated into Beta Gamma Sigma by Pace University as the 2008 Honoree for exemplifying the ideals of Beta Gamma Sigma.  Beta Gamma Sigma is an honor society for business professionals and scholars.  His message was simple, “The highest quality Individuals should strive for is that “professionals should have the strength of integrity and loyalty in order to be worthy of the confidence others entrust in them.”  (May 14, 2008)

  2. Bernanke Refrains From Using The "R" Word - Dan Scotto (April 4th, 2008)

  3. Yahoo Weighs Microsoft Bid: To Do, or Not To Do?- Dan Scotto (February 8th, 2008)

  4. The Fed cuts by 50-basis points: Please, Wake Me When It’s Over!- Dan Scotto (January 30th, 2008)

  5. Why Have Utility Stocks Suddenly Started To Decline?- Dan Scotto (January 25th, 2008)


  1. The Federal Reserve Cut Interest Rates 75 Basis Points - Dan Scotto (January 22nd, 2008)

  2. RESPONSE TO BARRON’S “REFORMING THE RATING AGENCIES” - Dan Scotto (January 2nd, 2008)

  3. Final Energy Legislation Passed - Dan Scotto (December 19th, 2007)

  4. The Fed Did it! - Dan Scotto on the Fed Rate Cut of December 11th, 2007

  5. Energy Legislation:  December 2007: DOA - Dan Scotto Market Comment (December 7th, 2007)


  1. Wall Street: Inside / Out .. we will now post each week an excerpt from my Autobiography, detailing the events to remember and the events not to remember over a 30 year career as a Security Analyst on the Sell-side. The Preface, was posted today (October 19, 2007).

  2. Re-Branding Nuclear Power: "...it's not easy being Green !"- Dan Scotto (October 8, 2007)

  3. Trading Energy Online - Who's the Boss? - Dan Scotto (September 20, 2007)

  4. U.N. Meets To Address Global Warming -Dan Scotto,  Energy Comment (September26,2007)

  5. We Have Added Two New Sections Devoted To Green Energy THE ALTERNATIVE ENERGY Section and THE GREEN INDEXTM Section. We Will Frequently Post Relevant Information.  We Are Also In The Process Of Finalizing An Index Which Measures The Performance Of Green Energy Companies (Not-Dissimilar To That  Of The DOW JONES Industrial And Utility Averages).


  1. “FED UP? NO, NOT YET!”  - Dan Scotto (August 21, 2007)

  2. Winner of the Onion Award—The HOUSE APPROVES ENERGY BILL - Dan Scotto (August 15, 2007)

  3. The Energy Bill—or Maybe Not? - Dan Scotto (June 29, 2007)

  4. Does “Bull Shit” Have A Future? - Dan Scotto (June 16, 2007)

  5. “...I think OPEC just blinked!”: OPEC Warns U.S. About Price Risk of Alternative Fuels - Dan Scotto (June 7, 2007)


  1. Nothing New Under the Sun - Dan Scotto (May 19, 2007) Rating Comment
  2. Breaking the Imprisonment of Investment Illusions: 10 Guidelines for the Unarmed Investor - Dan Scotto Market Comment (April 27, 2007)
  3. JetBlue Airways:  "Am I Blue? You'd Be Too ..."  : Airline Comment, Dan Scotto (April 26,2007)
  4. Airlines Hold Out Hope for Some Profit Rebound This Year, Airline Comment, Dan Scotto (April 19, 2007)
  5. The Cemetery Is Filled With Heroes - Dan Scotto, Market Comment (April 18, 2007)

  1. P2E2... A New “Stars Wars” Character? No, China’s Plan to Fund Clean Air for Free -Dan Scotto, Energy Comment (April 19, 2007)
  2. Airlines Hold Out Hope for Some Profit Rebound This Year, Airline Comment, Dan Scotto (April  19, 2007)
  3. TXU Finalized KKR & Texas Pacific Bid: "In God We Trust"- Gas, Oil, Dollars. Dan Scotto (April  19,2007)
  4. TXU-Mirant: Bewitched, Bothered & Bewildered - Dan Scotto (April 19, 2007)
  5. Euro-Energy? - Dan Scotto (November 27, 2006)
  6. US Airways Tries to Start Delta Engines in a Tailwind: Colin McCall (November 27, 2006)

  1. Utility Industry Coasting — or Ready to Rev-up? - Dan Scotto, Utility Comment (November 19, 2006)
  2. On the Radar: US Airways' Bid for Delta -Colin McCall (November 19, 2006)
  3. Stage Set for Airlines? - Colin McCall, Airline Comment (November 19, 2006)
  4. The Democratic Congress: Implications for Investors - Dan Scotto, Market Comment (November 13, 2006)
  5. What Can Propel Utility Stocks Higher? - Dan Scotto, Utility Comment (November 6, 2006)

  1. Airlines: Past the Point of No Return... - Colin McCall, Airline Comment (November 6, 2006)

Based on the proprietary nature of our research opinions and portfolio strategies, specific reports dealing with micro and macro economic and corporate developments are not available to the general public. n

 

 

 

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