July 3rd, 2009
We usually see an increase in risk towards the top of a market, on this regard, there is most likely an increase in activity around penny stock forums like those at the small cap section of hotstockmarket.com.
One recent mover that has garnered some attention is SPNG which has been selling those car wash sponges you see advertised all over late night tv. These stratospheric moves in penny stocks like these could be signalling that risk appetite is back, albeit slightly late as we are most likely heading down for a week or two in the broader markets.
August 28th, 2008
MBIA Inc Reinsuring $184B portfolio of investment-grade US public finance credits insured by Financial Guaranty Insurance Company, receiving unearned upfront premiums of about $741M
- The public finance portfolio consists exclusively of investment grade credits, primarily in the general obligation, water and sewer, tax-backed and transportation sectors, and does not contain any credit default swap contracts, below investment grade credits or other credits inconsistent with MBIA’s credit underwriting standards.
- The reinsurance will be provided on a “cut-through” basis, enabling FGIC’s policyholders to receive the benefit of MBIA’s reinsurance by allowing them to present claims directly to MBIA.
August 18th, 2008
On July 11th FNM hit $6.68 on a big sell off. After an impressive rebound, investors are now realizing that nothing has really changed. In fact, Barrons came out with an article telling it as the shorters have already known for some time, should FNM and FRE get a bail out, it would most likely wipe out the share holders.
Freddie still holding above its July lows, but this weakness in financials will extend into the rest of the week.
More on these stocks at the Stock Market Message Boards at HSM.
August 11th, 2008
LDK is up 20% to$40 in after hour trading after reporting better than expected earnings.
July 25th, 2008
After some good earnings, but lower guidance for Q4, the stock took a deep dive into the $140 range. The rebound is suprising in its strength, but resistance in the $165 level will cap this run. Watch for a test of support in the next two to three trading sessions.
May 15th, 2008
Finally some action for ETFC shareholders with a move to test the recent highs.
$4.35 is the May high it need to break.
April 25th, 2008
Stocks hitting new 52wk highs worth noting:
VISN, ISYS, BWEN, CRZO, AXYS, OTTR, CWEI
Stocks making new highs are worth noting for possible short term trades to higher levels.
April 15th, 2008
You can now buy a basket of the top 25 solar stocks in the new ETF aptly named TAN. More information on this new solar ETF here http://www.claymore.com/TAN/
Top Fund Holdings as of 4/15/08
Name Weighting
FIRST SOLAR INC 8.96 %
RENEWABLE ENERGY CORP AS 7.80 %
Q-CELLS AG 6.49 %
SUNTECH POWER HOLDINGS ADR 6.08 %
JA SOLAR HOLDINGS CO LTD 5.30 %
SOLARWORLD AG 5.24 %
Keep reading →
March 31st, 2008
Great article on which stocks should be positively effected by the olympics by Tony Sagami:
China Mobile (NYSE: CHL):
“It seems like every person I see in China has a cell phone glued to their ear. And the cell phone is also the common way most Chinese access the Internet and email. In China, the cell phone ‘is’ the personal computer.
“Heck, most new high rise condominium and apartment complexes being built in China aren’t even wired for land lines. China Mobile has more cell phone users (360 million) than the U.S. has people. I expect a lot of cell phone calls and text messages during the Beijing Olympics.
Keep reading →
March 26th, 2008
The biggest $volume movers with strong gains this morning from the stock forums at HSM: CLWR +8%, RMBS +8%, TSRA +7%, CRNT +12%, DNDN +9%
