Friday, April 27, 2012

from MSNBC:US economic growth slows in the first q...

from MSNBC:US economic growth slows in the first q...: US economic growth slows in the first quarter  from MSNBC Statistics from U.S. Department of Commerce , Bureau of Economic Analysis link: ...

Tuesday, April 24, 2012

Integrity Research Reports on Equity Research Space

A great read last week at Integrity Research Associates web site reported on firms closing their research departments and the effects it will have on the future of Wall Street commissions.
The article also points to two great reports featured in Reuters and Financial Times.

Sunday, April 22, 2012

Whitney Tilson: 3 Stocks Collapsing

Reading BusinessInsider this morning as usual, I came across a link to Whitney Tilson's interview warning about 3stocks that are ready to collapse. I was familiar with all three tickers, FSLR, NOK, & RIMM because I have been following them since they were downgraded at Stockdiagnostics.com over the past year.

Below are the posts on all three stocks that I shared on my website this morning.

April 21,2012First Solar, Inc. ( NASDAQ:FSLR) closed at an all time low this week @ $25.12. Stockdiagnostics downgraded FSLR @ $128.51 on May 10,2011 after the company reported 1st quarter financials for the period ending March 31,2012. In less than a year since the downgrade, shares have fallen $108, an 84% decline.
click to FSLR Stockdiagnostics OPS chart



Research In Motion (NASDAQ:RIMM) traded at an 8 year low on Monday and closed the week @ $13.34. Stockdiagnostics downgraded RIMM @ $21.68 on September 26,2011 after the company reported FY2012 2nd quarter financials for the period ending August 31,2011. Since the downgrade 7 months ago, shares have declined 38% vs. the S&P500 index which has gained 18.54%.
click to RIMM Stockdiagnostics OPS chart



Nokia Corporation (NYSE: NOK) closed the week at a 5 year low @ $3.70. Stockdiagnostics downgraded NOK @ $8.17 on April 25,2011 after the company reported 1st quarter financials for the period ending March 31,2011.
in 1 year since the downgrade shares are down 55%.
click to NOK Stockdiagnostics OPS chart

Monday, April 9, 2012

Making Money When the Market Heads Lower

From October 3,2011 through April 2,2012 the market has rallied nearly 30%.
Today the S&P500 index was down over 1% and 6 Exchange Traded Funds that have been resting near their 52week lows all moved up.
This morning I read Doug Kass's latest column from Real Money after finding it referenced at BusinessInsider.com.
Kass was right today and if his prediction holds true for the next several months then the best investment returns can be found in the following Short Focused Exchange Traded Funds:
ProShares UltraShort Dow30
(NYSEArca: DXD) $53.36
ProShares Short MidCap400
(NYSEArca: MYY) $27.60
ProShares Short QQQ
(NYSEArca: PSQ) $25.76
ProShares UltraShort QQQ
(NYSEArca: QID) $30.55
ProShares UltraShort S&P500
(NYSEArca: SDS) $15.60
ProShares UltraShort Russell200
(NYSEArca: TWM) $31.48
prices are as of 4/9/2012 close

Making Money When the Market Heads Lower by Thomas Renna