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« Previous EntriesLoaded post-Holiday Monday for Media and Markets.
Submitted by WC Power Tech Fund
Traders are back in their seats Monday with an upbeat jobs report behind them and Treasuries pushing the magical 4% yield number. All this on a day where the Duke Blue Devils face off against the Butler Bulldogs for College Basketball’s biggest prize, Tiger Woods has his first real press [...]
Markets hold court post Democratic Health Care Victory
Submitted by WC Power Tech Fund
Many are calling it the most significant legislation since Medicare and Civil Rights. What had been a tumultuous, and at many-a-time vicious battle for longer than a calendar year has now peaked with Democratic jubilation after a symbolic victory for the people when it comes to Health Care and Health [...]
Olympic Hockey Rules The Day for Canadians and Ratings
Submitted by WC Power Tech Fund
As the 2010 Winter Olympics roll on in brilliant and beautiful Vancouver on Canada’s west coast the event most prized in the eyes of the host nation is the Men’s Ice Hockey competition. The Games of these Olympiad have moved through tragedy and difficulty towards triumph and as the competition [...]
Happy Holidays!
Submitted by WC Power Tech Fund
From the WC Power Tech Fund to all the investors and traders in the marketplace.
Have a safe and happy holidays!
Rating 3.00 out of 5
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Research In Motion Regains Footing
Submitted by WC Power Tech Fund
Some difference 3 months can make. Research In Motion (RIMM) stock 3 months ago was bearing the brunt of sell-off at the behest of disappointing performance and guidance, dipping from the mid $80s to the high $60s per share. The stock had mostly held water of late, sliding slightly to [...]
Job Market healing, albeit very slowly
Submitted by WC Power Tech Fund
Employment in this economic environment has been a very sensitive subject for both politicians, investors and most importantly job-seekers. The economic issue is first and foremost on the mind on many Americans, but it is also causing political upheaval in Washington as the slowing of job losses can be used [...]
GPS Investors flee from Google’s Shadow
Submitted by WC Power Tech Fund
Google Navigator, a seemingly natural extension of existing Google Maps technology that’s found on smart-phone platforms like the iPhone and Android, has GPS company investors running from the hills.
The issue isn’t that the technology from Google (GOOG) is significantly better, it does look very good and would be a formidable [...]
Apple’s Earnings Aftermath
Submitted by WC Power Tech Fund
By now the news media has digested the rock-solid quarter from the Steve Jobs-led-innovative bunch in Cupertino, so now its time for the experts to weigh in. First, here’s a simple recap of Apple’s (AAPL) quarter.
$1.67Billion in profits ($1.82/share) on $9.87Billion in revenue, which compares to $7.9Billion in revenue and [...]
Apple’s Gunning for Records with September Quarter
Submitted by WC Power Tech Fund
As analysts line up their predictions for Apple’s (AAPL) upcoming quarterly earnings report, one thing stands very clear. Records are made to be broken. In the quarter that saw the continued success of iPhone 3GS, price cuts on Mac Computers and a slew of upgraded or new iPods, the company [...]
Banks are Gold, according to Goldman
Submitted by WC Power Tech Fund
Goldman Sachs (GS), long the darling (and jealously-driven scorn) of Wall St. just gave an emphatic gift to all its rivals by declaring the American financial system is a worthwhile investment. With its own shares more than doubling year-to-date Goldman gave its investing clientele the go-ahead to purchase other large [...]
Toyota’s Attractive Prospects and Global Positioning
Submitted by WC Power Tech Fund
The car maker from Japan, the country’s largest, suffered a drop in August output, but the pride of Toyota City remains primed to continue its automotive leadership worldwide. Global output from Toyota (TM) fell around 9% year over year, but conditions economically are more stable and the additions of government [...]
Drop In Jobless Claims Fails To Ignite Market
Submitted by WC Power Tech Fund
In what by most is seen as good news the job market showcased another data point in its long march towards stability. Jobless claims fell by about 20,000 to 530,000, which was slightly better than the 550,000 expected by economists and analysts.
Another rather important metric, continuous jobless claims (people making [...]
Technology leading market’s rally, a pause ahead?
Submitted by WC Power Tech Fund
The 52 week high list looks like a who’s who of dynamic companies, with the list being dominated by some of the best and brightest in Technology. The Nasdaq has outperformed its peers on a year to date basis and as several analysts predicted, it is the tech sector that [...]
In Remembrance of 8 years to the date. 9/11
Submitted by WC Power Tech Fund
On the Anniversary of one of the most infamous dates in history we all should take a moment and reflect on just how much was lost for so many on Sept 11, 2001.
8 years have since passed, may the victims of the tragedy be remembered forever.
Rating 3.00 out of 5
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Can Motorola follow the Palm path?
Submitted by WC Power Tech Fund
In a bit of Deja Vu, the conscious feeling not the forgettable Denzel suspense film, Motorola (MOT) is attempting to pick its phone company off of the balance sheet floor with an attractive new handset. Investors have just seen this same story with PDA legend Palm (PALM), as it used [...]
As more go back to school, less are out of work
Submitted by WC Power Tech Fund
The Labour Day weekend in North America was met with a Friday stock rally based on encouraging employment figures that saw 216,000 jobs lost in the month of August. Although 216,000 is still a significant number out of work this trend of a decline in job slashing, a figure that [...]
Disney’s Marvelous Bet on Superheroes
Submitted by WC Power Tech Fund
The Walt Disney Company (DIS) set its mouse ears on the biggest name in comic books in a purchase agreement that will bring all of Marvel Entertainment’s (MVL) characters into the Disney fold. The $4Billion purchase agreement with Marvel is similar to Disney’s previous $8Billion buy of animation powerhouse Pixar, [...]
Apple-China deal struck: iPhones official
Submitted by WC Power Tech Fund
China Unicom (CHU) and Apple (AAPL), after months of negotiations and several false starts, have completed a deal that will flood the Chinese market with legitimate iPhones before the year is out. China Unicom is building out its 3G network that will be ready by the end of the September [...]
Government owned General Motors bails out Dealers stalled by Government [Update]
Submitted by WC Power Tech Fund
This little gem of a news story is making the rounds recently as General Motors dealerships across America are on the verge of closing shop due to cash flow issues relating to the Cash For Clunkers program.
The program itself has been a huge success for the Automotive Industry, specifically the [...]
Home Reno Sector still facing Economic Headwinds
Submitted by WC Power Tech Fund
Lowe’s (LOW), the smaller competitor to housing renovation giant Home Depot (HD) found its stock slipping nearly 10% today on disappointing revenue and earnings numbers for its 2nd quarter. As money has been flowing this year into the more established names in anticipation of recovery, Lowe’s had an opportunity to [...]
GM makes Marketing Splash with Chevy Volt
Submitted by WC Power Tech Fund
The plug-in Electric Vehicle that’s supposed to usher in a General Motors of the future has had a tumultuous lifespan thus far, but to its credit the company continues to plow ahead with the Chevrolet Volt the best way it can. By winning the marketing war early!
The Volt has been [...]
Jobs jobs jobs spark continued rally
Submitted by WC Power Tech Fund
American payroll numbers came in this morning and the results were as good as they could be given current economics. Predicted job losses averaged around 325,000 but initial numbers for July put losses at 247,000. Employers have certainly slowed their layoffs in June and July. Additionally the June number was [...]
End of July Market Musings & Microhoo deal
Submitted by WC Power Tech Fund
As another month comes to a close, the market’s resistance proof rally continues on the strength of strong earnings and more signs of a waning recession. GDP numbers out for the previous quarter showed a decline of 1% in American GDP, this was better than the expected 1.5% decline, which [...]
That’s why they call him the Oracle of Omaha…
Submitted by WC Power Tech Fund
Recommended Reading (Link): Interesting take from Bloomberg today on Berkshire Hathaway and its iconic Investment Mind Warren Buffett.
In short, in the midst of the financial crisis the “Oracle of Omaha” pledged support for Goldman Sachs in the form of a $5Billion investment of preferred shares and warrants to purchase $5Billion [...]
Apple earnings on tap after Tuesday’s close. [Update]
Submitted by WC Power Tech Fund
Update: Apple’s reported earnings included.
What can Apple Investors and traders expect after the bell today as one of tech’s giants reports its June quarter? Well if one thing is certain with Apple, each line of business will be speculated on ad nauseum starting at about 4:30PM Eastern Time.
Likely much of [...]