Market Commentary
Circuit City Starts Going-Out-of-Business Sales at U.S. Stores
Thursday, January 22nd, 2009Not long ago we published an article titled “Best Buy profiting as Circuit City falls: Barron’s”. Today we are following up with the news that Circuit City has begun its “Going out of Business Sales” at its US Stores. After reading the article at Bloomberg about the start of the sale, there are a couple [...]
The Worst Is Yet To Come: “sharp rallies off the lows – followed by sharp declines right back downâ€
Tuesday, January 6th, 2009It hasn’t been long since 2009 started and predictions for the year are well underway and all over the place. Just last month, the New York Times published an article titled “The Worst Is Yet To Come: Anonymous Banker Weighs In On The Coming Credit Card Debacle,†which has not been the end of articles [...]
China’s Stocks posed for Rebound: HSBC Fund Venture Says
Friday, December 26th, 2008After a year of amazing gains for the Chinese stock market, the global economic crisis has caused the overall market to tumble to prices not seen in years. Emerging markets, once thought to be immune to the US Financial Crisis and sought after for it, have taken a very severe hit in the past few [...]
Amazon says 2008 ‘best ever’ holiday season
Friday, December 26th, 2008Amazon.com Inc. (AMZN) said this Friday that the 2008 Holiday season was the “best ever” for them. This comes as a surprise considering the current state of the economy and consumer sentiment. Although no revenue estimates were provided, this holiday season may prove Amazon’s strength. Earnings are not likely to be spectacular as there is [...]
Barron’s initiates coverage of Google and Yahoo
Friday, December 26th, 2008Barron’s, a weekly publication for investors from the publisher of the Wall Street Journal, has initiated coverage of both Google (GOOG) and Yahoo (YHOO). Barron’s is considered a very respectable publication and we look forward reading more about their opinion on both Google and Yahoo. The article being referenced has a lot of information about [...]
Best Buy profiting as Circuit City falls: Barron’s
Sunday, December 21st, 2008It wasn’t long ago when our view of the technology retailer Best Buy was quite bleak: The consumer being hit really hard by the housing and stock market situations has left few money to spare for buying the latest cool gadgets. Not only that, but the situation got much worst really fast. In mid-November Chief [...]
U.S. corporate bonds signal beginning of credit thaw
Friday, December 19th, 2008Following the news lately the consensus seems to be that 1) The US Economy will be in a deeper recession and 2) The Stock Market might soon be bottoming out. The credit market may be one place to look for hope. U.S. corporate bonds are scoring a major rally as the interest rates on the [...]
