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Daily Archives: May 29, 2009

Imminent Change to DJIA 30 (GM, F, CSCO, ORCL, AAPL, GOOG, CL, HON, PEP, TGT, AMZN, MDT, ABT, GS, BRK-A)

Posted: May 29, 2009 at 2:15 pm

Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average.  We ...
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Rig Counts Finally Chasing $60 and $65 Oil (BHI, USO, OIH, SLB)

Posted: May 29, 2009 at 12:34 pm

It seems that the steady rise in oil prices is finally starting to support some stability in rig counts.  We just got some fresh weekly rig count data from Baker ...
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Troubled Banks, Private Equity, Buyouts & Regulation (GS, MS, BX, BKUNA)

Posted: May 29, 2009 at 12:12 pm

There remains an issue about what to do with troubled banks, and the regulations over who can own banks and at what percentages only add more questions rather than answers.  ...
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GM BREAKS THE BUCK (GM)

Posted: May 29, 2009 at 9:45 am

General Motors Corporation (NYSE: GM) is soon to cease being a public stock for some time, if all the recent reporting and all the jaw-boning is correct.  The stock itself ...
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Silver Trumping Gold as Inflation Hedge (SLV, JJC, GLD)

Posted: May 29, 2009 at 9:30 am

Since the beginning of the year, the price for copper has nearly doubled, silver has risen by nearly a third, and gold has added more than 20%. Silver is in ...
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Gold Miners Staging Breakouts (GDX, AU, GOLD, RGLD, ABX, AUY, GG, NEM)

Posted: May 29, 2009 at 9:16 am

Gold has been making a serious comeback and many are talking about the $1,000 per ounce level again as being ahead shortly.  This latest run is with energy prices screaming, ...
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Why the Sunshine in Solar Stocks? (STP, CSIQ, YGE, ENER, USO, BTU)

Posted: May 29, 2009 at 8:28 am

Suntech Power Holdings Co., Ltd. (NYSE:STP) closed its follow-on offering of 23 million ADSs on May 28th. The price per ADS was $12.50, and the company raised net proceeds of ...
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Q1 GDP, When Less-Bad Is Just Less-Bad

Posted: May 29, 2009 at 7:41 am

This morning came the Q1-2009 revision to the nation's Gross Domestic Product from the Commerce Department, and the recession is still going.  The original figure of -6.1% GDP was revised ...
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Uniform Indicators Show No Employment Recovery (CTAS)

Posted: May 29, 2009 at 7:31 am

Many investors use companies such as Cintas Corp. (NASDAQ: CTAS) as a bogey of the economy, particularly for the employment sector.  There is a simple reason here: it provides corporate ...
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Top Analyst Downgrades (BKC, JNJ, LVLT, NETL)

Posted: May 29, 2009 at 6:39 am

These are the few top pre-market analyst downgrades or cautious research calls from Wall Street firms this Friday morning with about two hours until the market opens: Burger King (BKC) ...
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Top Analyst Upgrades (CBS, LH, LXK, MS, ODP, PII, DGX, TLAB, WINN)

Posted: May 29, 2009 at 6:35 am

These are the few top pre-market analyst upgrades and positive research notes from Wall Street firms early this Friday morning with about two hours until the market opens: CBS (CBS) ...
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Dell (DELL) News Not Good For Intel (INTC), AMD (AMD), And Microsoft (MSFT)

Posted: May 29, 2009 at 5:11 am

It may be worth noting in passing that the comments of Dell's (DELL) CFO during the company's earnings call are bad news for any supplier of PC components and software. ...
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A Powerful Rise In Oil, Even By 2008 Standards

Posted: May 29, 2009 at 5:02 am

Oil will post its largest one-month rise since 1999 in May. That does not seem possible given that it rocketed up to $147 in the middle of last year. The news ...
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Japan: Unemployment Still The Rub

Posted: May 29, 2009 at 4:51 am

Unemployment in Japan moved up to 5% in April. That may not seem like much to Americans, but in the world's second largest economy it is like a 10% figure ...
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Winter

Verizon (VZ) Makes A Play To Be King Of All Wireless

Posted: May 29, 2009 at 4:39 am

Verizon Wireless (VZ)(VOD) plans to flank the AT&T (T) Apple (AAPL) iPhone marketing plan by any means available. It will launch versions of the Palm (PALM) Pre, which has to ...
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