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Heffo’s Theory on Buying into the Bust

There is a strong sell off today based on a dip in USA consumer sentiment and the ongoing concerns over high USA unemployment. In my opinion the impact of both of these factors is being over rated by investors. While the US people are big consumers, there are growing consumer numbers in other parts of [...]

Read More » 2 commentsOctober 30, 2009

Bullish on BRIC

Acer CEO Gianfranco Lanci has said that strong demand from Brazil, Russia, India and China (BRIC) markets will be major contributors to the company’s PC shipment growth in 2010.
In China, the company is expected to become the third largest notebook vendor. Acer’s current share in China’s PC market is about 6-7%, but the company expects [...]

Read More » No commentOctober 30, 2009

Thai economy grows 2.3-2.5% in Q3: Bank of Thailand

BANGKOK, Oct 30 (TNA) – The Thai economic growth in the third quarter expanded 2.3-2.5 per cent, compared to the second quarter but contracted 3.1-3.3 per cent year-on-year, according to a senior official of the Bank of Thailand.
 
Suchart Sakkankosone, the central bank’s senior director of the domestic economy department, said on Friday all economic indicators [...]

Read More » No commentOctober 30, 2009

New York Eclipses London as Financial Center

 
New York has withstood the worst economic crisis in seven decades and remains the leading global financial center, followed by Singapore, which topped London as investors’ preferred place for doing business, according to Bloomberg Global Poll.29% of respondents in the quarterly poll of investors, traders and analysts who subscribe to the Bloomberg terminal say New [...]

Read More » No commentOctober 30, 2009

Gold bounces to 3 day high as US$ weakens on GDP report

 
Gold futures on the COMEX Division of the New York Merc rallied to a 3 day high Thursday as a dropping US$ refueled Gold’s demand of hedge. Silver and Platinum also rose.The most active Gold contract for December delivery soared US$16.60 oz, or 1.6%, to close at the highest level of US$1,047.10 oz in recent 3 sessions. [...]

Read More » No commentOctober 30, 2009

ICBC, Bank of China Profits Beat Estimates as Lending Increases

 Industrial & Commercial Bank of China Ltd. and Bank of China Ltd. reported Q-3 profit that exceeded analysts’ estimates, driven by a loan surge and lower provisions for potential losses on loans and investments.

Net income at ICBC rose 19 percent to 33.6 billion yuan ($4.92 billion), cementing its status as the world’s most profitable lender. Bank of [...]

Read More » No commentOctober 30, 2009

Red Roadmasters Stock Talk AFN, DUK, FLR, NDN

You can now follow me on Twitter please go to http://twitter.com/EbelingHeffernan and join us
A better-than-expected Q-3 GDP reading sent the US stock market North snapping a 4 day losing streak.
Re-cap of the US Stock Market Action for the session ending 29 October 2009
All 10 S&P 500 sectors close higher on strong market day. The S&P [...]

Read More » No commentOctober 30, 2009

Strong US GDP data drives Greenback South

 
The US$ fell against most major currencies Thursday as US economic growth was stronger than expected in Q-3.
 
Real gross domestic product (GDP) grew a 3.5% annual rate in Q-3, stronger than most expectations, according to the US Commerce Department. It was the 1st  increase after 4 Q’s of contraction.
 
The report indicated that US has emerged from its longest [...]

Read More » No commentOctober 30, 2009

Remember this word: BIOCHAR

Ebeling Heffernan would like to introduce you to Genesis Industries one of our companies in Pre-IPO.
Genesis Industries (eGen) is now a provider of reliable pyrolysis machines. Our existing commercial machine is operationally tested, clean burning, and generates syngas and biochar. The machine has been designed for easy use and has a continuous feed system, and [...]

Read More » No commentOctober 29, 2009

The Value of TOMZ OTCBB:TOMZ

Tomi recently reported hospital tests in mid-September 2009, TOMI (OTCBB:TOMZ), working with a leading East Coast hospital and a national premier hospital service group, employed its Ultra-D Hydrogen Peroxide based fogging system against challenge plates inoculated with Klebsiella bacteria and Geobacillus Stearothermophilus spores. These Pathogens are much more difficult to kill than MRSA, H1N1 (Swine [...]

Read More » No commentOctober 29, 2009
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