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Monthly Archives: December 2010

The Perils Of Ignoring Inflation

Posted: December 29, 2010 at 5:05 am

The Federal Reserve says it has inflation under control. More and more economic data says that is not true. Wheat, copper, and gold prices are at or near all-time highs. ...
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Media Digest (12/29/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: December 29, 2010 at 4:09 am

A survey by CareerBuilder shows more firms plan to hire full-time people in 2011 compared to the two previous years (MarketWatch) The US may petition the WTO after China said ...
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Next, A Vicious New Year’s Hangover

Posted: December 28, 2010 at 6:24 pm

Forecasters who believe that a 5% GDP improvement year was just around the corner in 2011 where disappointed by the new S&P/Case-Shiller data." The Home Price Indices" showed a deceleration ...
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Now Allstate Wants Countrywide MBS Retribution (ALL, BAC)

Posted: December 28, 2010 at 3:52 pm

The mortgage-backed securities saga is far from over.  A fresh suit has been filed in federal court in Manhattan by Allstate Corporation (NYSE: ALL) against originator Countrywide Financial Corporation.  The ...
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GM Loses Out, Again

Posted: December 28, 2010 at 2:12 pm

GM's (NYSE: GM) stock rose 3% to $35.65 on positive comments about the car company from Barclays Capital and Credit Suisse. The optimistic outlook was premature. GM is expected to ...
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China Buys Majority Stake in Israeli Agrichemical Company (BHP, POT, MOS, MON, IPI, TNH, CF, CMP)

Posted: December 28, 2010 at 1:55 pm

When BHP Billiton plc (NYSE: BHP) made its $38.6 billion offer to buy Canada's Potash Corp. of Saskatchewan, China's Sinochem Group considered making a rival offer for the Canadian fertilizer ...
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DJIA Rejects Significantly Outperform in 2010 (DIA, GM, C, TRV, CSCO, KFT, AIG, CVX, BAC, MO, HON)

Posted: December 28, 2010 at 12:51 pm

There has been an amazing feat in 2010.  All of the most recent companies which have been booted out of the Dow Jones Industrial Average have outperformed their replacement stocks ...
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Outlook 2011: Obama’s Search for New Economic Adviser

Posted: December 28, 2010 at 12:17 pm

It would be difficult to come up with a more polarizing figure than departing director of the President's National Economic Council, Larry Summers. Never known for his diplomatic skills, Summers ...
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China Starts Probe of US Feed Dumping (ADM, VLO, PEIX)

Posted: December 28, 2010 at 11:11 am

In the international diplomatic game of tit-for-tat, the Chinese ministry of commerce has said it will begin an investigation into US dumping of livestock feed on China's farm market. Earlier ...
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Mysterious Disappointment in Consumer Confidence

Posted: December 28, 2010 at 10:47 am

The Conference Board released its reading of Consumer Confidence was above the red-line, albeit a bit less than expected.  The reading fell to 52.5 for December, down from a revised ...
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Wal-Mart Digs Deeper Into China Retail/eTail (WMT, AMZN, DANG, YHOO, TCTZF)

Posted: December 28, 2010 at 10:12 am

China's online retail market turned over about $49 billion in business during 2010. Amazon.com Inc. (NASDAQ: AMZN) will post about half that amount as revenue for the current fiscal year, ...
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Short Sellers Mass Exit in High-Priced Leaders (AMZN, AAPL, BIDU, BRK-B, FFIV, GS, GOOG, IBM, MA, NFLX, POT, PCLN, CRM, VMW, WYNN)

Posted: December 28, 2010 at 9:34 am

The short sellers ran for cover yet again when it comes to the actively traded high-priced market leaders.  There was hardly an exception.  December 15 settlement date for the short ...
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The Twitter-24/7 Wall St. Market Report (12/28/2010) Retirement Woes, AIG Credit

Posted: December 28, 2010 at 8:58 am

Twitter  has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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Top Active Trader Alert Stocks (LOGI, MNKD, SNTS, SVA)

Posted: December 28, 2010 at 8:56 am

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Logitech International SA (NASDAQ: LOGI), Mannkind Corporation (NASDAQ: MNKD), Santarus ...
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Today’s Best Market Rumors (12/28/2010) Apple iPhone Sales, Skype Video

Posted: December 28, 2010 at 8:32 am

Updated throughout the day Apple (NASDAQ: AAPL) plans to sell 21 million iPhones in the first quarter of next year (various) Skype may offer video chat on several smartphones (various) ...
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