Wall Street Memo (http://www.wallstmemo.com) is a new kind of stock market news blog for investors, managers and financial professionals. The site publishes live seven days per week from New York's financial district.
In addition to reviewing anonymous tips from financial insiders, the Memo provides the under reported stories and fresh market insight investors deserve. Without the hyperbole.
And so far, much of the site's in-house research has benefited readers. One example: BP stock has continued to rise even after the analysis the site released on how BP is out-performing the overall market.
"Financial media is too often about who can bark the loudest," says editor-in-chief David Seaman. "It's scary to come across market pundit columns, on legitimate web sites, that are devoid of a single hard number or stock chart. A well-known talking head will go on television and say, 'Citi is great, I love Citi!' or 'Sell Citi!' with no analysis to back up his or her view. Celebrity journalists on TMZ do more research than that."
Market analysis is too important to be left to emotion or raw opinion, which is why Wall Street Memo focuses on excerpting "golden nuggets" from hundreds of investment letters, hedge fund notes, and bank internal reports, in addition to drawing from info received via its iron-clad anonymous tips policy.
The site does not require users to register or pay a subscription fee. Tips and market intelligence can be sent to editor@wallstmemo.com. Unless compelled by law enforcement or legal action, all tips will remain confidential.
URL: http://www.wallstmemo.com
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