May 17, 2012 -- Updated May 15, 2012 03:36 HKT
Commodities
Wall St Review TJX, DKS, JCP
Red’s Bull Trader Alert: US stocks struggled to sustain an early bid due to EuroZone worries, but an advance by Tech helped lift the NAS to a nice gainer and put the S&P 500 in the Green. But, Tech’s strength faded with broad market downturn in afternoon trade. Tech stocks fell 0.5%. Consumer Discretionary stocks [...]
Iron Ore Prices Outlook: BHP, RIO, Vale
China central bank on Saturday cut the amount of cash that banks must hold as reserves, freeing an estimated CNY 400 billion for lending to head-off the risk of a sudden slowdown in the world’s second-largest economy. Outside of this ASEAN and India have seen accelerating growth rates and Economist Shayne Heffernan of www.livetradingnews.com and [...]
What Warren Buffett is Buying GM, VIA, BRK.A
Berkshire (NYSE:BRK-A & B) adds GM (NYSE:GM), Viacom (NASDAQ:VIA) positions in Q-1 INTC, WMT, PG, WFC, BK, CDCO Berkshire Hathaway added new positions in automaker General Motors and media conglomerate Viacom in the Q-1 and cut its stake in chipmaker Intel (NASDAQ:INTC) by 33%, the conglomerate said in a quarterly holdings statement on Tuesday. Berkshire [...]
Iran in New Nuclear Talks
IAEA and Iran hold new round of nuclear talks in Vienna Senior officials of the International Atomic Energy Agency (IAEA) Monday called on Iran to allow inspectors access to sites, people and documents the agency seeks to address concerns that the country might have been working on nuclear weapons. Delegates from Iran and the IAEA [...]
Retail Investors Buy Facebook (NASDAQ:FB)
Facebook (NASDAQ:FB) up IPO range, new target $12.1-B Facebook Inc raised the price range on its IPO to 34-38/shr in response to strong demand, now giving the # 1 social network a valuation exceeding $100-B. At the mid-range of 36/shr, Facebook would raise $12.1-B by selling 337.4-M/shrs originally aimed for 28- 35/shr. Wall Street had [...]
Options Trade Analysis: Tesla Motors (NASDAQ:TSLA)
Options Trade Analysis: Tesla Motors (NASDAQ:TSLA) Tesla Motors options contracts experienced a new 3-month record for both Call and Put contracts where a total of 4,600 Call and 8,809 Put contracts traded on Monday. The contract spread yielded a 1.92 Put/Call ratio. Options are useful tools for predicting the movement of the underlying stock. Put/Call [...]
Asia – Middle East Trade Boom
ESCAP reports rise in trade between East Asia and Arab region A recent survey by the United Nations Economic and Social Commission for Asia and the Pacific ( ESCAP) shows a rise in the geographical share of the Arab region in trade during the past 10 yrs. “The share of the geographical area of Asia-Pacific [...]
EuroCrisis: Why Greece Became a Disaster
Moody’s said on April 13 that it would begin downgrading banks, including BNP Paribas, France’s biggest lender, Germany’s Deutsche Bank and New York-based JPMorgan and Morgan Stanley, by early May. Yesterday, Moody’s spokeswoman Kirsten Knight said the firm’s schedule for “concluding bank rating reviews” hadn’t changed. “Moody’s expects to conclude the reviews by the end [...]
Asia Currency Preview AUD, EURO, USD, JPY
EUR taps 4 month Low USD-JPY: 79.85.. EUR-USD: 1.2848 EUR-USD taps 4 month low: The US Dollar index has slipped off its best levels of the session, but still holds modest gains near 80.55. EUR-USD is -65 pips at 1.2855 and near its best levels of US trade after reports surfaced that attempts to form [...]
Hong Kong Lowers Taxes
Hong Kong to abolish “capital duty” beginning in June The “capital duty” currently levied on Hong Kong companies will be abolished in June, the city’s Registrar of Companies Ada Chung said Sunday. The scope of the abolition relates to the amount of nominal share capital for registration of a company, an increase in the nominal [...]
Investor Services
Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …
US President Barack Obama’s bank of choice, JP Morgan Chase (NYSE:JPM)
JPMorgan Chase & Co. according to US President Obama, despite the bank’s recent $2-B trading, is …
The Hot List
Sky Power Solutions Corp (OTC:SPOW), INDOCAN RESOURCES INC (PINK:IDCN), JP Morgan Chase (NYSE:JPM)
Sky Power Solutions Corp (OTC:SPOW)
Looks way oversold this morning, there has been what appears to …























