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Monthly Archives: May 2010

Smartphone Sales Surge as Apple Picks Up Share

Posted: May 9, 2010 at 8:02 am

Apple Inc.'s (NASDAQ: AAPL) share of the smartphone market rose 60% in the first quarter of 2010 as sales for the entire industry grew 57%. The total handset market grew only 22% ...
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Gulf Oil Spill Resolution… Delays or Failure (BP)

Posted: May 8, 2010 at 5:03 pm

BP plc (NYSE: BP) has so far not been successful this weekend in its attempts to contain the Gulf of Mexico oil spill.  The containment dome which was to help ...
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Suddenly, Airlines Looking Oversold (FAA, CAL, UAUA, LCC, AMR, DAL, LUV, JBLU)

Posted: May 8, 2010 at 12:37 pm

After the Continental Airlines, Inc. (NYSE:CAL)  merger announcement with UAL Corporation (NASDAQ: UAUA) , something interesting happened in the sector.  Suddenly the valuations seemed too high.  Then the shares started ...
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In A Surprise, Consumer Credit Rises

Posted: May 8, 2010 at 8:14 am

Consumer credit rose in March, a bit of unexpected new. According to the Federal Reserve, the figure "increased at an annual rate of 1 percent in March 2010." The total ...
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Four More Banks Fail, Total Of 68 In 2010.

Posted: May 8, 2010 at 6:44 am

Another week, more bank closers. The FDIC and state authorities shuttered four more banks. Those closed along with details of the FDIC costs and sales of assets: 1st Pacific Bank ...
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Weak Market, Strong Stocks Again (AOL, ABCO, PPO, KO, KFT, MO, RAI)

Posted: May 7, 2010 at 4:45 pm

This morning we ran a list of stocks which actually closed up 2% or more yesterday during the sell-off waves.  We looked through the list of about 20 stocks, and ...
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Next Week’s Can’t Miss Earnings (DISH, LDK, MBI, PCLN, ABK, ERTS, DIS, M, CSCO, DRYS, WFMI, JWN, NVDA)

Posted: May 7, 2010 at 2:49 pm

It may have felt like earnings are over and maybe that now earnings don't matter but if you look through the winners in a down market it is often those ...
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Gold Miners’ Reports Mixed as Gold Prices Remain Volatile (GDX, GLD, IAU, IAG, GFI, AU)

Posted: May 7, 2010 at 2:30 pm

Gold opened above $1,200.00 per ounce this morning before dropping below that magic number again as the day progressed. SPDR Gold Shares ETF (NYSE:GLD) is pretty much flat, opening at ...
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ECB Can’t Buy Sovereign Bonds

Posted: May 7, 2010 at 1:59 pm

After ECB President Trichet declined to get his agency involved in the liquidity crisis among the Eurozone region, fixed income of sovereigns in the area collapsed. Economists faulted Trichet and said that if ...
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LNG Still Has a Place in US Energy Supply (LNG, CQP, TOT, CVX, GE, COP)

Posted: May 7, 2010 at 12:27 pm

The US pure-play liquefied natural gas (LNG) companies, Cheniere Energy, Inc. (AMEX:LNG) and Cheniere Energy Partners LP (AMEX:CQP), reported earnings this morning, and one is headed up and the other ...
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Time For Defensive Stocks? (PEP, KO, BUD, TAP, KFT, CAG, CPB, HRL, MCD, MO, VGR, RAI, PG, CL, MRK, JNJ)

Posted: May 7, 2010 at 11:47 am

There are three things investors traditionally want after making huge gains when they still want to hold stocks.  They want stocks that have dividends and may want 'value stocks.'  ...
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“Birth/Death” Numbers Show Unemployment Is Not Improving As Assumed

Posted: May 7, 2010 at 10:56 am

Factor in the birth/death numbers and the count on people who were "unattached" to the work force who became attached last month and real job growth was less than 50,000. ...
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Testing Rig Count Trends After the Gulf Oil Spill (BHI, OIH, USO, BP, RDS-A)

Posted: May 7, 2010 at 10:31 am

The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international ...
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If The World Boycotts Greece…

Posted: May 7, 2010 at 10:26 am

If you were witness to the perfect storm that hit the U.S. financial markets yesterday, there are many places where you can point a finger.  But the issue that is ...
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Today’s Best Market Rumors (5/7/2010)

Posted: May 7, 2010 at 8:54 am

Updated throughout the day. The Goldman Sachs Group Inc (NYSE: GS) is in settlement talks with the SEC. (WSJ) American International Group, Inc (NYSE: AIG) fired Goldman as it primary adviser (NYTimes) ...
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