China’s Car Sales Explode Nearly 50%
The notion that the US is the world’s largest car market is gone, perhaps forever. China’s light vehicle sales rose 48% in June to 872,900. The world’s most populous country will produce sales of…
All Work
Douglas A. McIntyre
China: The World’s Internal Combustion Machine
George Soros, at 78, has been one of the world’s premier money managers for years. He is no longer at the head of the hedge fund performance table. Money managers and mathematicians seem to…
The Health Benefits Tax Slaughterhouse
Economists with fringe views of the tax system argue that all taxes are regressive. Tax a business and it will not hire more workers or distribute profits back to its owners. People without jobs…
Media Digest 7/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China has arrested…
Asia Markets And Europe Open 7/9/2009
Markets in Asia were mixed. The Nikkei was down 1.3% to 9,291. The Hang Seng was off a fraction to 17,719. HSBC (HBC) fell. The Shanghai Composite was up 1.3% to 3,123. At the…
Alcoa Able To Sell Less-Bad As Good (AA)
Alcoa Inc. (NYSE: AA) posted a narrower-than-expected loss of -$0.26 EPS on a non-GAAP basis and -$0.32 EPS from continuing operations. Revenues were down sharply to $4.24 billion (from $7.62 billion a year ago),…
Hot Topic: Twilight Can’t Help Forever (HOTT)
Hot Topic, Inc. (NASDAQ: HOTT) is continuing to lose its momentum. The company had been a huge winner for being tied to the apparel from the Twilight teen vampire movie. But apparently vampire envy…
Did Amazon.com’s Kindle Already Peak? (AMZN, SNE)
There has been a lot of coverage of the Amazon.com (NASDAQ: AMZN) Kindle e-book reader. But what happens when you hear there has been yet another price cut on the device? Some have tried…
Cybersecurity: Obama’s Next Big-Ticket Agenda Item
It’s taken a back seat to health care, but one of the next big agenda items for President Obama’s administration is cybersecurity, a priority that is becoming all the more clear following July 4…
What Is Macau IPO Really Worth to Las Vegas Sands (LVS, MPEL, WYNN)
Las Vegas Sands Corp. (NYSE: LVS) has been all over the news today on reports that the company may conduct an initial public offering for its Macau assets. The company would like to raise…
Further Evidence That Alcoa Has Low Correlation To Earnings Season Trends (AA, SPY, XME)
Alcoa, Inc. (NYSE: AA) is one of the first stocks that kicks off earnings season every quarter. Today is its actual earnings report after the closing bell. What is interesting is that traders try…
BioHealth Business Daily (AMGN, NVS, AMLN, LLY, ALKS, NVO, LLY, VICL, SCLN, ARNA)
These are some of the top stories affecting key drug and biotech stocks that are covered with more in-depth details and analysis this morning at BioHealthInvestor.com: Amgen Inc’s (Nasdaq: AMGN)’s osteoporosis drug did so…
Repeat of Oil Inventory Trends (USO, OIL)
The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning. Crude Oil was already down under $62.00 on global economic worries, and now WTI Crude…
Day Trader Alerts (AMGN, NVS, MSCS, DRYS, ARYX, XNPT, ARNA, BPZ)
These are some of the top stocks for day traders and active traders to watch based on pre-market and after-hours volume activity with links to more detailed price and volume analysis on each situation…
G8 Worries Over Whether Stimulus Money Is Being “Delivered”
Most analysis of the stimulus packages put together by France and the huge $585 billion Chinese program to keep its GDP growing showthat the capital is already making its way into these economies which is…
Crazy or Gutsy? The Call for $2 on General Electric (GE)
We rarely have time to watch video interviews from around the web early in the morning, but what choice is there when someone is calling for General Electric Co. (NYSE: GE) to be worth…
Mixed Data on Oil Rig Counts (BHI)
Baker Hughes Incorporated (NYSE:BHI) has released its June data for rig counts. The bad news is that there are still some drops being recorded in rig counts from May, and these counts still look…
Reversal Call in First Solar (FSLR)
Shares of First Solar, Inc. (NASDAQ: FSLR) are rising this morning for a change. ThinkEquity raised the rating on the solar leader to a BUY rating from an already somewhat positive Accumulate rating. So…
Top 10 Analyst Upgrades and Downgrades (APD, CHTT, CTXS, FCX, PLAB, QCOM, SAP, PCU, STM, HOT)
These are the top ten pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street analysts this Wednesday morning with about two and a half hours until the market opens: Air Products…
New Airline Price Wars
Airline price wars are back, just when carriers cannot afford them. The price of jet fuel is up. Passenger traffic is down. Southwest (LUV) is offering fare as low as $30 one way on…