Shorts Flee Financials, Attack Industrials And Tech
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank…
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank…
Huawei Technologies Co., Ltd. is one of the inaccessible companies to invest in for Americans. Yet it runs head to head against Cisco Systems Inc. (NASDAQ: CSCO) and other router and backbone…
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street with more than two hours until the market opens: BT Group (BT) Raised…
The short interest in most large banks fell very sharply for the period ending May 29, an indication that traders believe that TARP repayments and ongoing strong earnings mean the fate of American…
Cisco (CSCO) expected a staggering increase in IP traffic between now and 2013. A new report from the router company says that global IP traffic will quintuple in the five years ending in 2013.…
Reuters:Â China must balance growth and reducing greenhouse gases. Reuters:Â Â The Supreme Court has delayed Chrysler’s Chapter 11. Reuters:Â Â The US will allow 10 banks to repay TARP funds. Reuters:Â Â The Boston…
Reuters:Â Â Global consumer confidence is improving. Reuters:Â Â GM (GM) filed for Chapter 11 and expects a quick exit. Reuters:Â Â Most US retailers probably had sales drop in May. Reuters:Â Â China gave Geithner…
Now that General Motors (NYSE: GM) is bankrupt, the Dow Jones Index Team has decided to announce its DJIA component changes. In this change, there were two components changed rather than just…
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
The sharp rally in technology stocks over the past two weeks has pushed short sellers out of the market. The short interest in Microsoft (MFST) fell 29% in the period ending May…
The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned. While it seems that the equity holders of today will keep 1%…
The West, particularly the US, has been able to hang onto its lead in technology innovation for the better part of thirty years while the manufacturing economy was driven by cost savings…
A huge population of red ants has bedeviled Texas farmers for years. By some estimates the insects cost state businesses close to $1 billion a year due to crop and machinery destruction.…
Reuters  Obama hopes to have healthcare bill by July Reuters  Documents on Paulson’s meetings with banks forcing them to take TARP have been released Reuters  Banks sued MBIA (MBI) over its $5 billion…
Short sellers may have helped themselves by moving out of tech stocks just as shares in the sector began to make big advances. In the period ending. May 11, short interest in Microsoft (MSFT) fell…