Top Day Trader Alerts (NVAX, BIDU, SVA, X)
These are this Monday’s top day trader and active trader alert stocks. We have more details on the gains and ranges with added color via a link through to VSInvestor.com for each stock: Novavax,…
All Work
Douglas A. McIntyre
Government Spending, Taxes and the Constitution
John Tamny of Forbes The U.S. Constitution’s 10th Amendment is arguably the most important of all the amendments in the brilliant document that helped shape the United States. The 10th amendment made plain that…
Top 10 Analyst Upgrades, Downgrades, Initiations (ANF, AGAM, BIDU, DE, GENZ, HBC, SVA, USB, X, FCX)
These are this morning’s top pre-market analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Abercrombie & Fitch (ANF) Raised to Outperform at FBR. AGA Medical (AGAM) Started as Buy at Citigroup;…
A Brand New Apple (AAPL) iPhone-On-Steroids May Hit Market In Mid-2010
Imagine an Apple (NASDAQ:AAPL) iPhone with a very powerful processor that will work on both the AT&T (NYSE:T) and Verizon Wireless networks. Such a device would almost certainly broaden the iPhone’s appeal instantly. Verizon…
Somali Pirates Seize Oil Tanker
Somali pirates have a new business. They hope to corner the market in crude. The Greek-owned Maran Centaurus, which is carrying oil from Saudi Arabia to the US, was hijacked in the ocean off East…
Americans Give Up The Credit Card For The Holidays
Just over one-quarter of shoppers who made purchases over the Thanksgiving weekend used credit cards. Thirty-nine percent used cash and the balance of the shoppers used debit cards which are a cash-equivalent, according to survey…
24/7 Wall St. TV: The Mortgage Mess: Government To Push Private Sector To Do What Government Cannot Do
Congress and the Administration put a $787 billion stimulus package into place on the assumption that its many programs will supply capital to strategically important industries. The ultimate goal was to increase employment within…
The Vicious Competition For Peak Oil
There has been a heated argument for the last several years about when the world will start to run out of oil. The rate of oil production, after more than a century of drilling,…
Media Digest 11/30/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: UAE shares fell on Dubai debt problem news. Reuters: The Treasury will meet with mortgage companies to try to get them to accelerate loan modifications. Reuters: Holiday shoppers did not use credit cards…
Asia Markets And Europe Open (11/30/2009)
Markets in Asia were sharply higher. The Nikkei rose 2.9% to 9,346. Mitsubishi UFJ (NYSE:MTU) fell. The Hang Seng rose 3.3% to 21,822. HSBC (NYSE:HBC) rose. The Shanghai Composite was up 3.2% to 3,195.…
Amazon (AMZN) And Apple (AAPL) Big Black Friday Online Winners
Most people would guess that Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) would do well this holiday season–better than their respective competitors. Thanksgiving e-commerce traffic is that the online sales site and consumer electronics paragon have…
24/7 Wall St. TV: American Consumers Spent $41.2 Billion On Black Friday Weekend!
The “official” numbers on Black Friday retail activity were mixed and the mixture did little to help analysts have a reasonable picture of what the rest of the holidays will bring. The data from the…
A Mediocre Start For Retail On Black Friday
The fears about 2009 holiday sales may be coming true. Early research shows that retail activity was flat and in some regions fell sharply. ShopperTrak reports that dollar sales for the first day of…
Bernanke Attacks Dodd And Paul Proposals To Weaken Fed
Fed Chairman Ben Bernanke has written an opinion piece for WashingtonPost.com attacking proposals being supported by Rep Ron Paul and Sen Chris Dodd to strip the Federal Reserve of most of its powers. He…
Dubai: Who Defaults Next?
The Wall Street Journal points out that the cost of insuring sovereign debt for countries including Bulgaria and Hungary moved up sharply after Dubai announced a “standstill” on paying many of its debt obligations.…
Weak Dollar: As Yen Passes 85, Japanese Exporters Tremble (SNE)(TM)
The Japanese government is getting nervous, by most accounts of the financial media. The yen as hit a level where Japan’s big exporters may post large earnings losses this year in the place of…
Media Digest 11/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Japan raised the idea that the G7 make a statement about the dollar. Reuters: Shoppers move into Black Friday with small budgets. Reuters: Dubai’s debt crisis raised the prospect of more trouble in the…
Asia Markets And Europe Open (11/27/2009): Undone By Dubai
Markets in Asia were sharply lower on concerns about Dubai debt. The Nikkei fell 3.2% to 9,082. Honda (NYSE:HMC) and Mitsubishi UFJ (NYSE:MTU) fell. The Hang Seng dropped 4.8% to 21,135. HSBC (NYSE:HBC) fell…
Dubai Default: Moral Hazard For Sovereign Debt
Dubai World, the de facto sovereign fund for the desert nation, has essentially defaulted on a large part of its debt. It has asked creditors for a “standstill” on paying back its $60 billion debt…
Former CEO Greenberg Bests AIG (AIG) Is Legal Battles
Maurice R. “Hank” Greenberg did not start AIG (AIG), but he might as well have. Greenberg took over as head of the insurance company in 1968, the only CEO other than its founder C.V.…