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February 22, 2012 -- Updated December 31, 2010 02:23 HKT

The US Market Closing Snap Shot

The US Market Closing Snap Shot

US Stocks closed this year with Double Digit gains and the S&P’s best December since Y 1991 with a quiet and flat to unchanged session Friday as players make any big bets ahead of the New Year. The DJIA .DJI closed up 7.80 pts, or 0.07%, at 11,577.51, the S&P 500 .SPX closed off 0.24 [...]

Read More » No comment December 31, 2010
Goldman Win’s in M&A action on the Year

Goldman Win’s in M&A action on the Year

Goldman Win’s in M&A action on the Year GS, MS, JPM, CSGN, UBS, BAC, C In the tally for the Top of the Global M & A table it looks like it will end with Goldman Sachs (NYSE:GS) retaking the honors from the rival which snapped its 9 yr hold on the ranking last year. [...]

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A look at the 1st Decade of the 21th Century

A look at the 1st Decade of the 21th Century

“It was the best of times, it was the worst of times.” — Charles Dickens In light of the World’s economy, the 1st Decade of the 21st Century hilighted crises, prosperity, progress, rises and falls. If you recall World was still in chaos in the 1990′s after the end of the Cold War, since then [...]

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China’s Yuan taps record high at 6.6227 per USD

China’s Yuan taps record high at 6.6227 per USD

The Chinese currency, the Yuan, made a record high against the USD for a 2nd consecutive day Friday, at 6.6227 per USD on the last trading day of the 2010. The central parity rate of the currency, also known as the Renminbi (RMB), was set 2 basis points lower than Thursday’s 6.6229, according to the [...]

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More cities and states in the USA face bankruptcy

More cities and states in the USA face bankruptcy

Report says, More cities and states in the USA face bankruptcy in Y 2011 Even though US President Barack Obama’s argues that the US economy is “past the crisis point,” more US cities and even some states actually are facing bankruptcy in Y 2011 if they can not find out a way to balance their [...]

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US drilling rig count shrinks to 1,694 in Y 2010

US drilling rig count shrinks to 1,694 in Y 2010

The number of operating Oil and Nat Gas rigs in the United States shrank from 1,714 to 1,694 this week, according to a weekly count released Thursday. Of the total, 919 rigs were exploring for natural gas, down by 12 rigs from last week’s 931, and 765 were exploring for oil, compared with last week’s [...]

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Marina Bay Sands NYSE:LVS ArtScience museum

Marina Bay Sands NYSE:LVS ArtScience museum

Singapore’s Marina Bay Sands Las Vegas Sands Corp. NYSE:LVS will open the world’s first ArtScience museum in February, the latest attraction at its $A7.37 billion gambling complex built by US casino giant Las Vegas Sands. With a form reminiscent of a lotus flower designed by renowned architect Moshe Safdie, the science museum is due to [...]

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2011 Dividend Hot List NYSE:RSO, NYSE:NLY, NYSE:CIM, NYSE:AGNC

2011 Dividend Hot List NYSE:RSO, NYSE:NLY, NYSE:CIM, NYSE:AGNC

Shayne Heffernan has selected 4 dividend stocks as stand out investments in 2011. Resource Capital (NYSE:RSO), Annaly Capital (NYSE:NLY),Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC) “Low rates will prevail in 2011 and in looking for an alternative” said Shayne Heffernan, he added “we expect to see a shift to more funds, managers and institutions buying [...]

Read More » 1 comment December 31, 2010
Wall St Summary MWW, ACP, BHP

Wall St Summary MWW, ACP, BHP

Red’s Bull Trade Alert: The S&P 500 is up 6.5% so far this month, putting it on track for the best December since Y 1991, and the DJIA is + 5.1% on the month, all’s good on the year. US Stocks: Wall St rally eases as Year’s end comes into view MWW, ACP, BHP US [...]

Read More » 1 comment December 31, 2010
Red Alert: Massey Energy (NYSE:MEE)

Red Alert: Massey Energy (NYSE:MEE)

Red’s Unusual Options Trading Alert: Massey Energy (NYSE:MEE) 31 December 2010 My filter picked up unusual options trade action in MEE Thursday. A total of 1,534 Puts and 11,317 Calls traded raising a low Put/Call volume alert. Today’s MEE Put/Call ratio is 0.14. Meaning that there were 7.38 Calls traded for each Put contract. The [...]

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