Monthly Archives: January 2009

Asia Markets And Europe Open 1/9/2008

Posted: January 9, 2009 at 3:21 am

Markets in Asia were mixed.The Nikkei was down .5% to 5,537.The Hang Seng was off .1% to 14,399.The Shanghai Composite was up 1.4% to 1,905.At the open in Europe, the ...
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The Pain of Chasing Warren Buffett (BRK-A, GS, GE, WFC, AXP, BNI, COP, MCO, USB)

Posted: January 8, 2009 at 5:13 pm

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) does not go for short-term gains, and short-term losses are part of the game for investing. Warren Buffett has even told employees to ...
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Chevron, Lower Prices, Lower Money (CVX, SLB)

Posted: January 8, 2009 at 5:10 pm

Chevron Corp. (NYSE: CVX) has just laid the second ground-breaking path in the oil sector today. It lowered guidance "significantly." We already noted pending layoffs at Schlumberger Limited (NYSE: LTD), ...
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Coach Continues To Be Economic Victim (COH)

Posted: January 8, 2009 at 4:44 pm

It has been long-removed since the belief that Coach, Inc. (NYSE: COH) was going to be immune from the consumer spending squeeze. Tonight we are seeing this again with a ...
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The 52-Week Low Club (HELE)(ISRG)(VAR)

Posted: January 8, 2009 at 4:04 pm

Helen of Troy (HELE) Bad quarter. Sells off to $`12.01 from 52-week high of $24.70.Intuitive Surgical (ISRG) Weak sales numbers. Drops to $99.75 from 52-week low of $357.98.Varian (VAR) Healthcare ...
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Hidden Cost Of Low Oil: Energy Sector Layoffs (SLB, HAL, BHI, XOM, CVX)

Posted: January 8, 2009 at 1:51 pm

If you have somehow managed to be out since last summer when the oil boom was still in full-speed, there is one issue you would not have guessed was coming ...
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Suncor Production Heads South (SU)

Posted: January 8, 2009 at 1:23 pm

Suncor Energy Inc. (NYSE:SU) reports today that production from its oil sands operations averaged 235,000 barrels/day for December. In October, production averaged 258,000 barrels/day. Third quarter production averaged 261,000 barrels/day. ...
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Norway Drills More, Finds Less

Posted: January 8, 2009 at 1:20 pm

Norway's Petroleum Directorate reported yesterday that the company had drilled 56 exploration wells in 2008, of which 25 resulted in new discoveries. That's the good news. The not-so-good news is ...
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Less Demand, Less Coal, Less Profit (BTU, ACI, CNX, MEE)

Posted: January 8, 2009 at 11:43 am

Peabody Energy Corporation (NYSE:BTU) yesterday reduced its production estimates for Wyoming's Powder River Basin and for its Australian coal mining. The company said it has produced "in excess of ...
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Retail Winners In Hard Times (ARO, APP, HOTT, BKE)

Posted: January 8, 2009 at 10:52 am

There are actually a few bright spots in retail despite an economy that is still getting worse and an environment where the consumer is getting poorer and less certain about ...
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More 3X Leverage ETF’s (MWJ, MWN)

Posted: January 8, 2009 at 10:05 am

If you wanted more access to leveraged ETF investing, your dreams are coming true. Direxion announced the addition of two new Direxion Shares "3x ETFs" to its existing line- up ...
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Day Trader Alert (ANDS)(NAT)(DRYS)(ISRG)

Posted: January 8, 2009 at 9:43 am

Nordic American Tanker Shipping Ltd. (NYSE: NAT) is getting hammered this morning on very active trading. details...DryShips inc. (NASDAQ: DRYS) has little overlap in the sub-sector of shipping other than ...
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Could Palm (PALM) Bounce After Launching A New Product At CES?

Posted: January 8, 2009 at 9:18 am

A couple weeks ago, Palm (Nasdaq: PALM) Board Member, Roger McNamee, appeared on CNBC and hinted a revolutionary new product that will launch at the Consumer Electronics Show (CES).Crunchgear has ...
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Niche Trading Firm Mergers Not Dead (AMTD, SWIM, OXPS, TRAD)