Retail Sales Spike In Positive Sign, Gas Throttles Back
The consumer economy is not entirely moribund. Retail sales rose .1% in June. It was not a sharp jump, but a modest sign that the American public has not locked themselves away in their…
All Work
Douglas A. McIntyre
Top Active Trader Alert Stocks (CLNE, HGSI, SOLR, VALV)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Clean Energy Fuels Corp. (NASDAQ: CLNE), Human Genome Sciences (NASDAQ: HGSI), GT Solar International,…
Today’s Best Market Rumors (7/14/2011) Obama At Camp David, S&P Secret Meetings
Updated throughout the day S&P has had private meetings with Congressional leaders to talk about the seriousness of a downgrade of US debt (Politico) China has privately warned the US about the issue of…
Real Progress In The Move To A Green Economy
Often, large reports on trends put out by think tanks are a waste of paper or server storage space. Often, the documents are tainted by the political bias of the source of funds for…
How The World’s Greatest Investors Lost Billions
Proprietary trading is supposed to be the core of bank profits. That is one reason financial firms have been concerned about the need to rid themselves of their proprietary trading desks under new federal…
Sony Should Exit The E-Reader Business
Sony (NYSE: SNE) continues to humiliate itself with a series of poor decisions, many of which have severely damaged earnings. The latest of these is to launch yet another e-reader into a market that…
Why Hasn’t Moody’s Already Cut The US Debt Rating?
Moody’s has warned the U.S. that its paper may be downgraded if it defaults on its sovereign obligations after an August 2 deadline — the day by which the debt cap must be raised.…
Media Digest (7/14/2011) Reuters, WSJ, NYT, FT, Bloomberg
The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The dollar fell as Moody’s…
Moody’s Threatens US Downgrade
In an action that the markets are likely to ignore until the US gets much closer to the August 2 deadline to raise the debt ceiling, Moody’s put America’s Aaa rating on review for…
What Does It Cost? $5 Billion: The Cost Of News Corp. Dropped BSB Bid
> Market cap before dropped bid: $22.o billion > Market cap after dropped bid: $18.7 billion pounds > Shareholder loss: $5 billion News Corp. has faced a wave of bad press and bad fortune since it was…
BSkyB: How Soon Will Murdoch Be Back
Rupert Murdoch’s News Corp (NYSE: NWS) withdrew its bid for the part of BSkyB that it does not already own. The question is when will News Corp be back with a renewed bid? News…
The Twitter-24/7 Wall St. Market Report (7/13/2011) Capital One Earnings, Bernanke & Congress
Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (GLUU, TSPT, NFLX)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Glu Mobile, Inc. (NASDAQ: GLUU), Transcept Pharmaceuticals, Inc. (NASDAQ: TSPT), and Netflix, Inc. (NASDAQ:…
Today’s Best Market Rumors (7/13/2011) News Corp UK Paper Sales, Oprah In Trouble
Updated throughout the day Oprah will take a larger role in her faltering cable network (WSJ) News Corp (NYSE: NWS) may sell all of its UK newspaper in the wake of the New of…
Amazon Runs For Office In California
Amazon (NASDAQ: AMZN) faces a sales tax in California that it is not willing to pay. As a result, its relationships with affiliates in the state became strained, and the company will likely face…
A Silver Lining For Ireland
Almost all press coverage of the recent downgrades of sovereign paper among EU nations has focused on the new credit ratings and outlooks. The media rarely mentions factors that could make those ratings rise…
What Does A Chinese Recession Look Like?
A recession in the U.S. is present when GDP turns negative. That may not be the case in China. The People’s Republic needs much more rapid growth to support its factory activity, infrastructure expansion,…
Short Sellers Savage Market Laggards
Short sellers often invest in stocks that have had sharp short-term gains and may have reached peak valuations. That would put Netflix (NASDAQ: NFLX) on most of those lists, along with Sirius XM Radio…
Media Digest (7/13/2011) Reuters, WSJ, NYT, FT, Bloomberg
China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters) Moody’s cut Ireland’s rating to junk (Reuters) EU leaders may let Greece default (Reuters) Netflix (NASDAQ: NFLX) raised…
The American Cities With The Most Millionaires
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined as those…