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  • Testing shows recalled General Motors cars safe to drive [View news story]
    Why don't they simply say all vehicles are safe if there is no passenger inside?
    May 14 01:59 PM | 3 Likes Like |Link to Comment
  • Central banks are preparing for coordinated action to provide liquidity if needed following this weekend's Greek elections, according to G-20 sources. Markets are flying.  [View news story]
    Albeit the central banks' action seems to last for 15 minutes only... Indices falling back to where it was.
    Jun 14 03:24 PM | 3 Likes Like |Link to Comment
  • MC poll: What are your predictions for 2012? Which way will stocks go? What about oil and gold? What will happen with the eurozone crisis, or U.S. unemployment? Any under-the-radar stocks or ETFs worth keeping an eye on?  [View news story]
    Very bad. 2008H2 replay in 2012H1.
    Dec 26 09:30 AM | 2 Likes Like |Link to Comment
  • Google, China and the Founder Factor [View article]
    But Google is still holding 30% of Baidu, isn't it?
    Jan 15 07:28 AM | 2 Likes Like |Link to Comment
  • Fuel-cell stocks rally on GE plans, FuelCell project award [View news story]
    For OPTT, I ain't sure whether the following is related:
    Jul 22 02:52 PM | 1 Like Like |Link to Comment
  • China PMI rises to 5-month high [View news story]
    Oops, HK and China markets closed today.
    Jun 2 08:18 AM | 1 Like Like |Link to Comment
  • Cooper management locked out of Chinese factory [View news story]
    This is better than management lock-in...
    Sep 1 05:23 AM | 1 Like Like |Link to Comment
  • More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). [View news story]
    Oops, but in the report, current iinventory diffusion is -22, not +4...
    May 16 10:42 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) ranks first in JD Power's smartphone customer satisfaction survey for the seventh year in a row. HTC finished close behind, followed by Samsung (SSNLF.PK). Much of smartphone satisfaction is tied to battery life; the study finds that battery performance is by far the least satisfying aspect of smartphones.  [View news story]
    7th year? iPhone is on the market for 4+ years only...
    Mar 16 09:18 AM | 1 Like Like |Link to Comment
  • More bad PR for Research In Motion (RIMM -1.7%): Responding to widespread criticism of the appointment of Thorsten Heins as CEO, director Roger Martin suggests Heins was the best option since the only alternatives were to "hand [RIM] over to children, or morons from the outside who will destroy the company." Wall Street begs to differ.  [View news story]
    So, Thorsten is only slightly better than children or morons?
    Feb 13 12:07 PM | 1 Like Like |Link to Comment
  • Inventory And Other Recoveries [View article]
    For the unemployed 9%, it's the end of the world. With 2 years of recovery, they still can't get a job, and likely would be left out forever because the economy appears to have been "fine tuned" to continue growth without them. If the economy continues to "fine tune" more in the next 2 years, corporate profits might surge further, as well as unemployment. The future risk will become more on social stability in this case.
    Sep 9 02:23 PM | 1 Like Like |Link to Comment
  • Corporate Profits Are Fantastic. What's Wrong With Equity Prices? [View article]
    It would be interesting if similar long term charts (1990 onwards) can be made for Nikkei 225. I would suspect that people are more conservative in investing at prolonged economic downturn and thus possibly pushing down PE for decades. N225 is now less than 1/3rd of its high in 1990, even though this is very unlikely that Japanese companies are making less profits than in 1990.
    Aug 28 11:11 AM | 1 Like Like |Link to Comment
  • Many overseas markets were closed, but those that were open posted gains to end 2009 on a high note. Futures are slightly higher ahead of what will likely be a very quiet New Year's Eve. The dollar suffered losses overnight.
    Asia: Shanghai +0.5% to 3277. BSE +0.7% to 17465. Hong Kong and Japan were closed.
    Europe at midday: FTSE +0.1% to 5402. CAC +0.2% to 3944. Frankfurt is closed.
    Futures: Dow +0.2% to 10507. S&P +0.2% to 1124.50. Nasdaq +0.1%.
    30-year Tsy -0.27% to 115-18. 10-year -0.13%. 5-year -0.09%.
    Euro +0.6% vs. dollar. Yen +0.3%. Pound +0.8%.
    Crude +0.2% to $79.40. Gold +1.3% to $1,106.60.  [View news story]
    Hong Kong was not closed but half-day trading today, HSI up 1.75%, even though on thin volume.
    Dec 31 07:08 AM | 1 Like Like |Link to Comment
  • Overseas [View news story]
    China should be +0.74%. Google finance has (again) an index error today.
    Apr 4 06:26 AM | Likes Like |Link to Comment
  • Hong Kong Has Narrow Window To Prepare For Renminbi Convertibility [View article]
    Oops, I have no objection on this. What I pointed out was that HK could handle the massive capital inflow that was the worry of Li. The future problem of no capital inflow is a true worry.
    Jan 17 03:54 AM | Likes Like |Link to Comment