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Stocks Find Modest Traction in Light Action
Friday, 10 Sep, 20102010-09-10T15:27:05Zl, j M, Y10:272010-09-10T15:27:05ZG:i | No Comment
Stocks Find Modest Traction in Light Action

The US equity markets are modestly higher in late-morning trading on light action in the final session of the abbreviated week, on the heels of yesterday’s favorable US employment and trade data, which …

Texas Instruments (TXN) Lowers Top End of Guidance
Friday, 10 Sep, 20102010-09-10T13:28:08Zl, j M, Y8:282010-09-10T13:28:08ZG:i | No Comment
Texas Instruments (TXN) Lowers Top End of Guidance

I was fortunate in the timing of this, as last evening (just hours after I shorted it) Texas Instruments (TXN) lowered the top end of its guidance.  It wasn’t a huge change and …

Modest Gains to Start the Day
Friday, 10 Sep, 20102010-09-10T13:18:39Zl, j M, Y8:182010-09-10T13:18:39ZG:i | No Comment
Modest Gains to Start the Day

The US equity markets are slightly above the flatline in morning trading of the final session of the shortened week, as yesterday’s favorable US employment and trade data are helping soothe resurfacing …

What’s driving Russia?
Friday, 10 Sep, 20102010-09-10T12:16:19Zl, j M, Y7:162010-09-10T12:16:19ZG:i | No Comment
What’s driving Russia?

Russia’s publicly-traded gold companies may more than double their production in the next five years, and the country’s uranium output may increase even more over that same time period.
That’s the outlook offered by …

Auto Sales Recovery Stalls as Economy Waffles
Thursday, 9 Sep, 20102010-09-09T13:55:14Zl, j M, Y8:552010-09-09T13:55:14ZG:i | No Comment
Auto Sales Recovery Stalls as Economy Waffles

Housing and auto sales, the 2 cyclical industries that most directly affect the U.S. economy and are the largest consumption decisions in day to day life, have rebounded off the worst levels of …

Reports on Employment and Trade Come to the Bulls’ Aid
Thursday, 9 Sep, 20102010-09-09T13:26:59Zl, j M, Y8:262010-09-09T13:26:59ZG:i | No Comment
Reports on Employment and Trade Come to the Bulls’ Aid

The US equity markets have moved to the best levels of the day as a much steeper-than-anticipated drop in jobless claims and a larger narrowing of the trade deficit than forecasted are giving …

Fed Notes Slowing Growth, Market Yawns
Wednesday, 8 Sep, 20102010-09-08T20:54:48Zl, j M, Y15:542010-09-08T20:54:48ZG:i | No Comment
Fed Notes Slowing Growth, Market Yawns

Stocks were modestly higher on the day, overcoming early pressure from European debt concerns, and showing little reaction to US economic news, which included a fall in mortgage applications and a decline in …

Mixed sentiment apparent in Bank of America options action
Wednesday, 8 Sep, 20102010-09-08T20:50:34Zl, j M, Y15:502010-09-08T20:50:34ZG:i | No Comment
Mixed sentiment apparent in Bank of America options action

Today’s tickers: BAC, XRT, ZMH, GMCR, COF, YHOO, ZGEN & NYT
BAC – Bank of America Corp. – One massive options transaction on Bank of America today suggests one investor has made a bee-line …

Fed’s Move to Buy Treasuries Posing Serious Risks – Frederic Mishkin
Wednesday, 8 Sep, 20102010-09-08T17:14:40Zl, j M, Y12:142010-09-08T17:14:40ZG:i | No Comment
Fed’s Move to Buy Treasuries Posing Serious Risks – Frederic Mishkin

I have not always agreed with some of the comments or theories of ex Fed member Frederic Mishkin but today on CNBC he had an excellent interview describing what has happened at the …

Europe’s Resiliency Helping Foster US Buoyancy
Wednesday, 8 Sep, 20102010-09-08T15:33:53Zl, j M, Y10:332010-09-08T15:33:53ZG:i | No Comment
Europe’s Resiliency Helping Foster US Buoyancy

US equity markets are overcoming yesterday’s solid decline as European stocks have overcome disappointing industrial production and festering banking sector concerns, following a successful debt auction in Portugal. Treasuries are under pressure …

Goldman: Emerging Market Stock Market Capitalization to Rise Fivefold by 2030
Wednesday, 8 Sep, 20102010-09-08T13:34:39Zl, j M, Y8:342010-09-08T13:34:39ZG:i | No Comment
Goldman: Emerging Market Stock Market Capitalization to Rise Fivefold by 2030

Just follow the path of jobs… where they are going you want to be investing the next few decades.  Where they are leaving you want to be avoiding unless the companies in those …

Trying to Rebound from Yesterday’s Lackluster Session
Wednesday, 8 Sep, 20102010-09-08T13:18:22Zl, j M, Y8:182010-09-08T13:18:22ZG:i | No Comment
Trying to Rebound from Yesterday’s Lackluster Session

US stocks are modestly higher in morning action following yesterday’s sluggish start to the week, with a successful debt auction in Portugal helping soothe some recently resurfaced banking sector concerns to aid a …

Stocks Start the Week by Sinking
Tuesday, 7 Sep, 20102010-09-07T21:22:10Zl, j M, Y16:222010-09-07T21:22:10ZG:i | No Comment
Stocks Start the Week by Sinking

With no major corporate news or any economic reports to provide catalyst, US stocks came under pressure to begin the holiday-shortened week, as traders may have booked some profits following last week’s …

Bulls Hit the Brakes Following Holiday Break
Tuesday, 7 Sep, 20102010-09-07T15:49:28Zl, j M, Y10:492010-09-07T15:49:28ZG:i | No Comment
Bulls Hit the Brakes Following Holiday Break

The global equity markets are under pressure, with US stocks in the red in late-morning trading as some traders are opting to book some profits from last week’s solid advance that came courtesy …

Negative Session Under Way Following Labor Day
Tuesday, 7 Sep, 20102010-09-07T13:09:59Zl, j M, Y8:092010-09-07T13:09:59ZG:i | No Comment
Negative Session Under Way Following Labor Day

The US equity markets are under pressure in early action as traders return from the holiday weekend following last week’s solid advance that came on a string of favorable global economic data, culminating …

HP`s 3PAR Acquisition Makes Strategic & Financial Sense
Monday, 6 Sep, 20102010-09-06T17:33:13Zl, j M, Y12:332010-09-06T17:33:13ZG:i | No Comment
HP`s 3PAR Acquisition Makes Strategic & Financial Sense

The 3PAR saga finally came to a close on Sep. 2 with Dell Inc. beaten by Hewlett-Packard Co. in an 18-day bidding war. The final price tag of 3PAR is at $33 a share, …

Labor Read Allows Upbeat Sentiment to Continue to Breed
Friday, 3 Sep, 20102010-09-03T17:32:35Zl, j M, Y12:322010-09-03T17:32:35ZG:i | No Comment
Labor Read Allows Upbeat Sentiment to Continue to Breed

US stocks remain up nicely heading into afternoon action as a better-than-expected US labor report is helping the Street stomach a disappointing release of the ISM Non-Manufacturing Index that showed growth in …

Bulls feed on Tyson Foods, Inc. call options
Friday, 3 Sep, 20102010-09-03T17:24:51Zl, j M, Y12:242010-09-03T17:24:51ZG:i | No Comment
Bulls feed on Tyson Foods, Inc. call options

Today’s tickers: TSN, PSS, XRT & BX
TSN – Tyson Foods, Inc. – Call options on the food products company are a hot commodity this morning for bullish players positioning for a near-term …

ISM Services Far Below Consensus – Market Ignores It
Friday, 3 Sep, 20102010-09-03T17:20:25Zl, j M, Y12:202010-09-03T17:20:25ZG:i | No Comment
ISM Services Far Below Consensus – Market Ignores It

It has been a very telling day as I said this morning it would be.  ISM Services just came in at 51.5 versus expectation of 53 and previous month’s 54.3.  Again, ISM Manufacturing gets …

Labor Report Helps Rally Continue
Friday, 3 Sep, 20102010-09-03T13:16:23Zl, j M, Y8:162010-09-03T13:16:23ZG:i | No Comment
Labor Report Helps Rally Continue

The equity markets are nicely higher in morning trading as the better-than-forecasted US labor report is adding to the week’s string of favorable data, which included manufacturing, retail sales, and housing data, …

Upward Momentum in the Market Continues
Thursday, 2 Sep, 20102010-09-02T13:25:12Zl, j M, Y8:252010-09-02T13:25:12ZG:i | No Comment
Upward Momentum in the Market Continues

US equity markets are gaining some ground in morning trading, extending yesterday’s steep advance, as traders digest a plethora of August same-store sales reports that are revealing some strength in back-to-school sales, …

JP Morgan Shuts Proprietary Trading
Wednesday, 1 Sep, 20102010-09-01T16:27:37Zl, j M, Y11:272010-09-01T16:27:37ZG:i | No Comment
JP Morgan Shuts Proprietary Trading

Two weeks ago on an afternoon visit to New York City, I was struck by the changed tone, atmosphere, and demeanor during the meetings I had with a number of Wall Street professionals. …

Global Recovery Sentiment Boosted By Upbeat Data
Wednesday, 1 Sep, 20102010-09-01T15:59:59Zl, j M, Y10:592010-09-01T15:59:59ZG:i | No Comment
Global Recovery Sentiment Boosted By Upbeat Data

Global sentiment toward the economic recovery, which has waned as of late and led steep losses for the month of August, is being soothed somewhat by a plethora of favorable economic reports across …

Recovery Concern Dissipates as Consumer Confidence Inflates
Tuesday, 31 Aug, 20102010-08-31T15:38:49Zl, j M, Y10:382010-08-31T15:38:49ZG:i | No Comment
Recovery Concern Dissipates as Consumer Confidence Inflates

The global stocks markets have pared a majority of early solid losses that carried over from yesterday’s steep decline that came courtesy of some economic recovery concerns, exacerbated by light trading in front …

Friday Appears to be 1 Day Wonder
Tuesday, 31 Aug, 20102010-08-31T14:00:50Zl, j M, Y9:002010-08-31T14:00:50ZG:i | No Comment
Friday Appears to be 1 Day Wonder

Showing how even when markets are mostly in 1 direction they remain difficult to make money in, Friday’s dead cat bounce in retrospect did little other than scald bears who were pressing.  As …

Global Recovery Pessimism Pressuring Markets
Tuesday, 31 Aug, 20102010-08-31T13:51:29Zl, j M, Y8:512010-08-31T13:51:29ZG:i | No Comment
Global Recovery Pessimism Pressuring Markets

The global equity markets are extending yesterday’s losses as uneasiness toward the global economic recovery is souring sentiment, exacerbated by light trading in front of the Labor Day weekend and cautiousness ahead …