Lockerbie And Crude Ethics
The Times of London claims that people within the British government turned over convicted Lockerbie bombing participant Abdelbaset Ali Mohmed al-Megrahi to Libya as part of an attempt to secure a major oil deal.…
All Work
Douglas A. McIntyre
Media Digest 8/31/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The best investment for Chinese companies may be the nation’s own 1.3 billion person home market. Reuters: Japan’s Democrats took power. Reuters: Economists say there is no need for a second stimulus package.…
Asia Markets And Europe Open 8/31/2009
Markets in Asia fell. The Nikkei was off .4% to 10,493. Toyota (TM) was down over 1%. The Hang Seng was off 2.1% to 19,668. The Shanghai Composite was down 6.7% to 2,668. At…
Schaeffer’s Investment Research: Exaggeration At Its Finest
Schaeffer’s Investment Research of Cincinnati, run by Bernie Schaeffer, has been sending out e-mail promotions which are as clever as they are opaque. The solicitation is to join the Elite Trader service. Some of the…
The Unusual Suspects (ATVI, AIG, ALTH, TREE, GOOG, PAY, EXPO, WIRE, AXYS)
We have almost a whole new slate of stocks in this week’s round of “The Unusual Suspects” for key stocks traders need to keep an eye on for the week ahead. Activision Blizzard Inc.…
24/7 Wall St. TV: August Cars Sales, And Beyond
August light vehicle sales in the US have to be good. The “clunkers” program produced almost 700,000 sales. The industry might as well enjoy it while its lasts. September and the rest of the…
Trader Crack: AIG Goes To $100 (AIG, C, BAC, HIG, MET, YHOO)
The DJIA has risen for eight straight days and the verdict is still out as to how today’s close will go. With major indexes trading over 50% above their March lows and with all…
More Rigs Chasing Higher Oil (BHI, OIH, USO, OIL)
Rig Counts Chasing Oil Prices (OIH, USO, OIL) The weekly rig count data from Baker Hughes Inc. (NYSE: BHI) is out, and this last week we are seeing a bump in rig counts across…
Starbucks Snags S&P Upgrade (SBUX)
The debt ratings agencies might be tarnished on many fronts, but traders for debt and equities still pay attention to debt ratings agencies when they raise ratings on companies. That is exactly what has…
Intel Guidance Highlights Peers & Comps (INTC, AMD, MSFT, NVDA, MU, DELL)
Intel Corporation (NASDAQ: INTC) is raising guidance this morning. What is interesting is that this may actually highlight the strength among its peers and competitors more than it drives Intel shares alone. The guidance…
Top Day Trader Alerts (MRVL, OVTI, DELL, AIG, ARUN, SVA)
These are this Friday morning’s top day trader and active trader alerts with links through to each story with more detailed price and volume analysis over at VSInvestor.com: Marvell Technology Group Ltd. (NASDAQ: MRVL)…
Analyst Dumps Agriculture & Fertilizers (MOS, POT, MOO)
This morning is looking a little rough for some of the farming, agriculture, fertilizer, and potash stocks. We have seen a downgrade in the sector from UBS this morning. Potash Corp. of Saskatchewan, Inc.…
Top Analyst Upgrades and Downgrades (ABX, BDX, BMY, FUN, JCG, NEM, NENG, SNY, ZOLT)
These are this morning’s top pre-market analyst upgrades, downgrades and initiations from Wall Street early this Friday: Barrick Gold (ABX) Started as Hold at Jefferies. Becton Dickinson (BDX) Started as Overweight at Jefferies. Bristol-Myers…
Why The Stimulus Program Is Slow Going: 2,200 Applications For Broadband Funds
Part of the $787 billion stimulus package is $28 billion set aside to improve the nation’s broadband infrastructure. According to USA Today, some of the applications are 500 pages long. The government has to…
Apple (AAPL) Finally Gets Its China Deal
Apple (AAPL) finally has its deal to distribute the iPhone in China after months of rumors and speculation. China Unicom (CHU), the second largest wireless carrier on the mainland, says it has reached a…
Americans Watch Nine Billion YouTube Videos In A Month
US internet users watched 8.9 billion videos on Google (GOOG) sites last month. Ninety-nine percent of those were from YouTube. According to comScore, Google had 42% of the online video market in July. What…
The Return Of Speculation
The volatility late last year and in March should have pushed all of the speculators out of the US stock markets. Very few investors made money and a number of individuals and funds were…
Famous Last Words: “In many important respects, financial markets are returning to normal.”
Most real financial catastrophes play out over a period of years, or they would not be catastrophes at all. The markets are disrupted briefly by an event or two and then go back in…
Media Digest 8/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Price cuts on video consoles by Microsoft (MSFT) and Sony (SNE) have causeD the competition in the field to heat up. Reuters: AIG’s (AIG) new CEO says he is working hard and is…
Asia Markets And Europe Open 8/28/2009
Markets in Asia were mixed. The Nikkei rose .6% to 10,534. Toyota (TM) was flat. The Hang Seng fell .6% to 29,123. The Shanghai Composite was off 2.9% to 2,861. At the open in…