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Monthly Archives: March 2009

Short Sellers Lighten Up On Online Brokers (ETFC, AMTD, SCHW)

We noticed how short sellers had increased their bets against banks and financials, even if this was right at the time that the big short squeeze came via a huge ...
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Short Sellers Double Down Against Green & Alternative Energy (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, JASO, LDK, SFUN, SPWRA, STP)

There was what appears to be a massive increase in short selling for the period report ending March 13, 2009.  The short selling increases in companies like First Solar, Inc. ...
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Citi (C) And Bank of America (BAC) Buying Distressed Mortgages

Secretary Tim Geithner designed a plan to assist the largest banks to rid themselves of toxic mortgage assets, but now Citigroup (NYSE: C) and Bank of America (NYSE: BAC) are ...
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Short Data Shows How Bad Bank Investors Were Bloodied

Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, ...
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Holy Smoke, The Durable Goods Game Continues

Durable Goods for the month of February has come in with a massive surprise this morning.  These might get washed over because of revisions, but these are much better on ...
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Top Pre-Market Analyst Downgrades (AXP, ATML, BX, CHA, CYPB, HPQ, SLAB, UBS, WSM)

These are some of the top pre-market analyst downgrades or cautious calls we have seen from Wall Street firms early this Wednesday morning: American Express (AXP) Cut to Underweight at ...
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Top Pre-Market Analyst Upgrades (ABMD, ASML, CBG, EMR, LLTC, MATK, NFLX, PEP)

These are some of the top pre-market analyst upgrades and positive calls which we have seen early this Wednesday morning: Abiomed (ABMD) Raised to Buy at UBS. ASML (ASML) Raised ...
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DryShips Earnings Drag the Anchor (DRYS)

DryShips Inc. (NASDAQ: DRYS) posted $0.43 EPS and a 6.6% year over year decline in revenues to $217.9 million.  First Call had estimates at $0.66 EPS and $209.6 million in ...
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New Plan To Buy Bank Toxic Assets Could Ruin Bank Balance Sheets

A troubling wrinkle about how the Treasury's plan to buy toxic asset from banks could cause huge losses and the need for more capital comes from premier bank analyst Richard ...
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Dell (DELL) Enters Another Crowded Business

Dell (DELL) keeps entering businesses where it might have an edge over competitors IBM (IBM) and HP (HPQ). So far, it has had little success in getting out in front ...
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Blockbuster (BBI) Still Losing Foot Race Out Of Hell

As the number of people who are willing to drive to a store to pick up a movie dwindles, so does Blockbuster's (BBI) chances of staying alive. Blockbuster has tried ...
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Does Japan’s Extraordinary Export Problem Blow Back On China?

During February, Japanese exports dropped almost 50%. For a nation with a $4.3 billion GDP, that figure is extraordinary. Exports to the US were down 58%. Japan has been a ...
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Tech Stocks Lose Their Place In The World (GOOG)(MSFT)(CRM)(ORCL)(MSFT)(INTC)

Tech stocks are supposed to go down less than the overall market and come back faster. That has been in the Broker 101 handbook for at least two decades. The ...
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How Treasury Secretary Geithner Became The Most Powerful Man In The World

The transformation of Treasury Secretary Timothy Geithner will be remembered for its speed and unexpectedness. Just four weeks ago, on the heels of a failed presentation of the Administration’s plan ...
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Revitalizing the Securitization Markets: Letting the People Who Broke the Economy Make Money Fixing It

“Never underestimate the capacity of angry populism in times of economic stress,” - Robert Reich, The New York Times, March 15, 2009 The profligate investment practices of the financial ...
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