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Monthly Archives: July 2009

Top Day Trader Alerts (MOS, POT, CIT, NOK, JPM, CTAS, XLNX, PLCM, SLT)

Posted: July 16, 2009 at 7:25 am

These are some of the top stocks to watch this morning for active trading today based on pre-market and after-hours volume activity. There are links through to each with more ...
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Las Vegas As a Lesson In Basic Economics

Posted: July 16, 2009 at 7:21 am

By John Tamny Though Las Vegas is perhaps best known as a tacky City of Sin where what happens within its limits stays there, its fortunes and misfortunes provide us ...
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Top Analyst Upgrades (AXP, KMX, CNQ, COF, CERN, CVD, ENOC, QLGC, QCOM, DIS)

Posted: July 16, 2009 at 7:18 am

These are some of the top pre-market analyst upgrades and positive initiations we have seen early this Thursday morning: American Express (AXP) Raised to Neutral from Underweight at JPMorgan. CarMax ...
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Top Analyst Downgrades (ARQL, ASML, CSCO, MEDX, MSFT)

Posted: July 16, 2009 at 7:15 am

These are the top analyst downgrades and cautious research calls we have seen from Wall Street this Thursday morning: ArQule (ARQL) Cut to Sell at UBS. ASML (ASML) Cut to ...
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bank

JP Morgan (JPM): A Homer For Q2

Posted: July 16, 2009 at 6:00 am

JP Morgan (JPM) reported second-quarter 2009 net income of $2.7 billion, an increase of 36% compared with net income of $2.0 billion in the second quarter of 2008.  EPS was ...
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nok

Some Sunshine For Nokia (NOK)

Posted: July 16, 2009 at 5:29 am

Nokia (NOK) posted poor earnings, but handset sales rose to 103 units, up 11% from the immediately previous quarter. Revenue dropped 25% to 9,9 billion euros. Net income was down ...
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house

Foreclosures Take The Economy By Storm, Again

Posted: July 16, 2009 at 4:49 am

The government might have expected that it could have some effect on foreclosure rates by working with banks to make money available to homeowners and by setting up programs for ...
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china

A Stimulus Package That Works: China’s 7.9% GDP Growth

Posted: July 16, 2009 at 4:30 am

China's GDP rose 7.9% in the second quarter, which is especially impressive since the figure was only 6.1% in the previous quarter. Economists will voice a number of concerns about ...
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ewis

Banking In Secret: Citigroup (C) And Bank Of America (BAC) Behind Closed Doors

Posted: July 16, 2009 at 4:07 am

The Wall Street Journal has two troubling reports. The first is that Bank of America (BAC) operating under an agreement with the government which the paper describes as "a secret ...
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WMT

Wal-Mart (WMT) Gets Greener By The Day

Posted: July 16, 2009 at 3:50 am

Wal-Mart (WMT) decided to evaluate its suppliers based on whether they were polluters almost before it became fashionable. Going Green is a description used broadly in the business community as ...
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bank

FOMC Minutes Don’t Add Up

Posted: July 16, 2009 at 3:39 am

The Fed released the notes of the Federal Open Market Committee and Board of the Governors of the Federal Reserve joint meeting on June 23rd and 24th. The two major ...
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newspaper

Media Digest 6/16/2009

Posted: July 16, 2009 at 2:54 am

Reuters:   CIT (CIT) may be close to bankruptcy. Reuters:   China GDP rose 7.9%. Reuters:   Foreclosures hit a record in the first half of 2009. Reuters:   Obama pressed Congress on a healthcare ...
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china

Asia Markets Europe Open 7/16/2009

Posted: July 16, 2009 at 2:24 am

Markets in Asia were mixed. The Nikkei was up .8% to 9,344. Toyota (TM) rose sharply. The Hang Seng was up 1.3% to 1,6487. The Shanghai Composite fell .2% to ...
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bear

A Good Chance CIT (CIT) Will Go Bankrupt

Posted: July 15, 2009 at 5:42 pm

In a perfect example of how dangerous rumors can be for traders, CIT (CIT) has announced that its conversions with the government aimed at bailing the financial company out have ...
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Mass. Inquiry on Leveraged ETF’s (FAS, FAZ, UYG, SKF, SDS, SSO)

Posted: July 15, 2009 at 2:00 pm

There may be some misconceptions out in the market over an inquiry into the leveraged ETF universe.  The Massachusetts Secretary of State has inquired into the sales, marketing, and disclosure ...
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