Can The FAA Make Airlines Stock A Good Buy?
Over the past ten years the government has invested over $40 billion dollars in new technology that should make air travel in the US even safer than it is now. In addition it should help to reduce some...
View ArticleCan Big Ben Bust India?
One might think that what Big Ben decides to do with the “punch bowl” would have more impact on the US equity and credit markets than any other place in the world but that thought may be wrong. India’s...
View ArticleFed Notes Send The Markets In A Tailspin, Again!
Wednesday afternoon the Federal Reserve released the minutes from their meeting earlier last month. Right after the release there was the usual volatility and quite a nice rally in the equity markets...
View ArticleHarbinger Founder Backtracks, Admits “Wrongdoing”
“Neither admits or denies” is the term that most accused end their civil dispute with the SEC or the Department of Justice. It is an easy way for both parties to win. The accused usually maintains that...
View ArticleWhat Happens If The Fed Cuts Off The “Punch Bowl”?
As of Friday most of the S&P 500 has reported earnings with 465 company’s balance sheets in the books and only seven percent left to come to the table a pretty good picture is forming. The second...
View ArticleIs The ECU’S Economic Nightware Finally Ending?
Unlike the US, the European economy has not recovered from the housing bubble. The Great Recession in Europe is still alive and well five years after the housing mess started the decline. The reasons...
View ArticleWhen Good News For The Economy Is Bad For The Markets
I always talk about market expectation and what effect it can have on the markets. Sometimes in the perverse logic of Wall Street good news is bad and bad news is good. Seems crazy but if you have...
View Article“Uncle Carl” Strikes Again!
Yesterday investor Carl Icahn revealed via Twitter that he had taken a bite out of the Apple and purchased approximately $1.5 billion dollars worth of Apple Inc. stock. He feels that the company is...
View ArticleBlackberry Busts Out!
Yesterday Blackberry Limited (formerly known as Research in Motion) announced that it would be put up for sale or merger. It seems like just a few years ago when smart phones were referred to as...
View ArticleIs “Need To Know News” Really A News Organization?
Each month the Bureau of Labor Statistics releases economic data that Wall Street uses to set the tune for the day’s trading. Some of these events are minor and have very little impact on the market...
View ArticleGoogle Trumps Apple At Its Own Game!
When Apple Inc took the Smart phone market by storm a couple of years ago it wrestled the mantle from the previous champ Research in Motion, and it appeared to have a monopoly on the market that it...
View ArticleHerbalife Saga Continues Ackerman Blasts Icahn!
You can’t make this stuff up. Even Hollywood writers would have a hard time topping what is going on with Herbalife Inc. For the past eight months Wall Street giants have been battling over the company...
View ArticleTesla Releases Earnings; Will This Time Be Different?
Tesla Inc. released earning on Wednesday after the market closed and they came in better than expected on both the revenue and earnings, beating the streets estimates both “on the bottom and the top”....
View Article“Compliance Cars” Are Still In A Struggle!
Earlier this year I picked on one of my favorite targets, the state of California and their screwed up bureaucracy. The article was titled” Compliance cars another reason to pick on California”, the...
View ArticleIs The BLS Giving Us The Straight Story On Jobs?
Friday the BLS (Bureau of Labor Statistics) released the monthly job data from July. The report came in as expected with nonfarm payrolls adding more than 162,000 jobs. The report also showed that the...
View ArticleWhat Happened To The Price Of Commodities?
During the wild ride the markets took in 2008 nothing was crazier than the ride of the major commodities. Everyone knew that the world was quickly running out of oil and the price could never go down...
View ArticleShould The Fed Continue To Pay Interest On Reserves?
At the height of the Great Recession in the fall of 2008 the Emergency Economic stabilization Act of 2008 was passed and part of that act, section 128 allowed the Fed to begin to pay banks interest on...
View ArticleFOMC Results; Same Old, Same Old!
Traders waited anxiously Wednesday for the latest words of wisdom from the FOMC meeting. What they got was the same old recipe for keeping the banks profits moving higher and another blow to Average...
View ArticleCan Reusable Energy Really Work?
Ivanpah’s three 500 foot towers rise out of the California desert less than five miles from the Nevada border, a $2.2Billion dollar power plant that hopes to prove that solar- thermal power can be cost...
View ArticleAre Major Corporations Running Out Of Margins?
We now have reached the final half of the second quarter earnings season for 2013. So far better than 65% of the companies reporting have been able to meet or beat the Streets expectations. True many...
View Article