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Jon C. Ogg

SolarCity Faces Make or Break IPO

thinkstockThe initial public offering of SolarCity Corporation is expected to price this week. It could price as soon as Tuesday night. What is interesting is that this offering could actually really offer a much needed boost…

Jon C. Ogg · 14 years ago

ISM Sees Growth Continuing in 2013

ThinkstockThe Institute for Supply Management is out with its semiannual outlook, and the group sees economic growth continuing in 2013. The December 2012 Semiannual Economic Forecast is based on surveys of purchasing and supply…

Jon C. Ogg · 14 years ago

October Trade Deficit Plagued by China and Oil Imports

ThinkstockThe U.S. trade deficit, also known as the international trade balance, rose by 4.9% to $42.24 billion in October. The Commerce Department reported that the September trade deficit was revised slightly lower to $40.28…

Jon C. Ogg · 14 years ago

Alternative Energy and Cleantech Picks and Pans for 2013

thinkstockThe alternative energy sector is supposed to be one of the great winners of the 2012 election outcome. After all, an Obama victory would indicate further government support for what are future power needs.…

Jon C. Ogg · 14 years ago

NFIB: Independent Business Confidence Tanks in November

The National Federation of Independent Business has shown that its latest survey signaled a tanking confidence among its participants. If you think that the woes tied to the fiscal cliff do not matter so…

Jon C. Ogg · 14 years ago

Treasury Exits Last AIG Stake

American International Group, Inc. (NYSE: AIG) is just about entirely about to be outside of the government’s direct oversight. Uncle Sam’s giant bailout has already turned out to be profitable for taxpayers, but now…

Jon C. Ogg · 14 years ago

J&J Gets Broader Use for Prostate Cancer Drug

ThinkstockJohnson & Johnson (NYSE: JNJ) may have an even larger winner with its prostate cancer drug called ZYTIGA. The Food & Drug Administration has approved an expanded indication in men for the treatment of…

Jon C. Ogg · 14 years ago

Priceline.com… The Harder They Fall

ThinkstockPriceline.com Incorporated (NASDAQ: PCLN) is finding out the lessons of life today… The more they rise the more they fall. Today’s drop is being tied to an analyst downgrade to Hold from Buy out…

Jon C. Ogg · 14 years ago

Rumors: Hewlett-Packard, Carl Icahn, a Breakup

courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) can use all of the good news, or good rumors, that it can get. After all, the situation has turned into a death-spiral. MarketWatch is one of the driving…

Jon C. Ogg · 14 years ago

China Driving Copper Higher, Selectively

ThinkstockIf you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend showed China’s November industrial…

Jon C. Ogg · 14 years ago

Apple Death Cross Is Here, Analyst Trims $100 Off Target

courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) is invincible right? Not lately. We started warning you about the coming death cross on the chart, where the 50-day moving average dips under the 200-day moving…

Jon C. Ogg · 14 years ago

BofA’s 10 Defensive and Yield Stock Picks for 2013

Bank of America Merrill Lynch has issued more picks and a macro-investment strategy for 2013, and the message is rather clear: Be selective and position defensively. The firm said that it sees a December…

Jon C. Ogg · 14 years ago

Zynga Going to Real Money Gambling from Virtual Farm Animals

courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) is trading higher (yes that can happen sometimes) on Thursday’s news that Zynga has filed for a Nevada gaming license. This would transform it from a virtual-social gaming company…

Jon C. Ogg · 14 years ago