Archive for January, 2009

Fed Keeps Rate near Nil, Markets in the Green

Submitted by WC Power Tech Fund
Markets rebounded today in anticipation of the Federal Reserve decision on Interest Rates. The benchmark rate was set in a range of 0% to 0.25% so there wasn’t any further down it could go. It’s not like the Fed will pay people to take money, will they?
Anticipation of the Fed [...]

Google and Apple bring back Tech Leadership Clout

Submitted by WC Power Tech Fund
With e-ink around the country still fresh from Apple’s (AAPL) very strong results, the fact remains the old school ink business is dying, it was Google (GOOG) ready to take the Market stage. Technology Sector leadership has remained vacant during the economic turbulence World Markets have taken but as two [...]

Obama starts Presidency with Wall Street at -5%

Submitted by WC Power Tech Fund
One of the most anticipated events in recent history, the inauguration of Barack Obama as President of the United States, came and went with a press spectacle and a crowd upwards of 2Million people keen on having a historic story to tell.
To Wall Street, it seemed as if another day [...]

Satyam Humor.

Submitted by Bapcha’s Stocks
The Satyam Computer scandal has triggered a bunch of jokes - especially in India. I received this gem by mass e-mail, and I think it is hilarious. The copyright is owned by the person who published it [not me].

Rating 3.00 out of 5

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The Cult of Jobs - it is back to the cellar for Apple.

Submitted by Bapcha’s Stocks
Back in Sep 2008, I wrote that Apple was losing its mojo [the stock was at $140 back then]. I argued that apart from doing a lot of things correctly, Apple was guilty of doing a lot of things incorrectly - which led me to question/pick on Apple’s mojo. Here’s the list:
1. [...]

…And now starring Tim Cook as Steve Jobs plus a look at Apple’s Quarter

Submitted by WC Power Tech Fund
In a memo that spread throughout the press like wildfire, Steve Jobs, CEO of Apple (AAPL) announced that he’d be stepping away from day to day duties to focus on his health issues. The iconic CEO cited further complications in this treatment to fix a protein irregularity along with the [...]

Dow slide continues in 5th straight session of losses

Submitted by WC Power Tech Fund
For a fifth consecutive day the Dow Jones Industrials posted negative returns leading their slide from the 9000 point mark early last week. The 600 point slide during the sell-off was caused by continued US economic concern, the weakening of the domestic job picture and the sustained struggles of banks [...]

Microsoft’s Search Strategy: Mo’ Money Less Problems

Submitted by WC Power Tech Fund
With the Consumer Electronics Show having more of the media’s attention than in recent years it was an opportune time for Microsoft (MSFT) to make the kind of splash during their annual speech the company needs. Granted part of the reason of the shifted media was Apple’s (AAPL) MacWorld keynote [...]

Bad News Bears economy continues to crush Automakers

Submitted by WC Power Tech Fund
Customer pessimism continues unabated in the United States leaving big ticket item sales near lows not seen in half a century.  For Automakers, this combined with the lack of credit for leases, means car sales are still plummeting. Detroit’s problems have been well documented of late but even Japan’s best [...]

Happy New Year 2009

Submitted by WC Power Tech Fund
The year that was will be remembered for the downfall of economics as much as anything else. 2008 was the year of highs, Barack Obama’s historic election victory in the United States, and many lows, the erosion of $30Trillion of market value from various investments worldwide.
Traders, Investors et al will [...]