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There was a time when typewriters were hot and investment in companies like Olivetti, Royal and the like were wise and rich moves. The same today may be said of print media companies. If ever there was writing on the wall, now is the time. The New York Times and the Tribune Company (The Chicago Tribune and others) are engaged in forced cutbacks and greatly curtailed plans as the internet takes away their advertising and news businesses in ever greater chunks. They are fighting back by selling off parts of their companies and making weak entrées into the internet world, but it is a loosing battle. Fewer and fewer people read print papers, more and more people get their news from TV and the internet, and advertisers go in greater and greater numbers ââ¬â obviously ââ¬â to where the eyes are.
Read →Apple absolutely looks fantastic but I am selling. Here is why?
Read →I posted a few days ago about the results of a very concerning meta-analysis (lumping of data from several trials together) suggesting that high dose of cholesterol medicines increase the risk of cancer. This is a huge public health issue which major repercussions for big pharma.
Read →China is Coca-Cola's fourth largest market. In the last five years, they have pretty much doubled their sales there. Just imagine what their sales will look like in another five years. To get a handle on growth and forward movement, Coke is investing some $80 million on a R&D center in Shanghai. The US, Brazil and Mexico are Coke's three other major markets. China may well pull ahead soon, and Coke is playing its cards well. Coke is becoming a very good global play.
Read →The results of a large meta-analysis of statin trials were released tonight on CNBC - to be published in JACC - although I don't see it the ACC website and haven't received the journal yet. This hasn't gotten much play yet today - but is potentially huge. This will make doctors and patients question the entire
Read →Sex and web sites work very well, and they don't need to be xxx sites. A former futures trader, came up with the idea that you could collect nude scenes in PG and R rated films, get the big movie companies to assist, and build a hugely popular and exponentially growing web business. Last year, he made $5.3 million and it is only now taking off.
Read →A month ago, the SEC put up a site to identify companies doing business with the likes of Iran, Syria and the Sudan. Linking only to annual reports by the companies, the site allowed investors to read the companies' own explanations, plans, and history. The purpose of the web site was to give investors an opportunity to decide whether they wanted to invest in such companies. Yesterday, at 5:00 pm, they took the site down. The reasons -- incompetence on the Government's side and pressure by the companies. So much for the US government at work for you.
Read →The market is turning now and all of my friends are talking about shorting Amazon and Apple before earnings next week. Here is my analysis.
Read →There is something very wrong when a company's net income increases 28% in the quarter and revenues go up 58% year to year and the babies in Wall Street play automatons and push the stock down as much as 7% immediately. It is important to remember that not very bright people are pushing markets and investors run in herds. Wouldn't it be nice if some people gave companies credit for not meeting unrealistic "expectations" -- especially when you look past the numbers? People are asking -- on TV- "is it over for Google?" How ridiculous!
Read →Michael Vick shouldn't be on a football field and Americans need to stand up on principles. If the only way to make yourself heard is to avoid Home Depot, then do it.
Read →It almost doesn't matter which energy stocks you invest in -- though Fast Money folks love to debate conoco versus chevron. I actually prefer Exxon, but they are all doing very well and will continue to do so. The pressing need for oil is not going away -- not anytime soon, not in our lifetimes. Alternatives are needed, but oil and natural gas will be the principal source for as long as you can look out. A new, comprehensive and international study just concluded the world's growth in population and rising living standards worldwide is expected to increase energy consumption globally 50% in the next 25 years!! Think about that.
Read →Yahoo and Intel did some one day damage to the market, but it rebounded because the economy is driven by Google these days. Expectations for Google are so high that we might not be so lucky to see a quick rebound if things donââ¬â¢t go so smoothly.
Read →Doug Kass, a seasoned and successful investor, was brought on Fast Money this evening. He was cool; he was lucid; he was convincing. But he was as far off message from the folks at Fast Money as one could be. It is to Fast Money's credit that they did have him on the program, even if they paid only scant attention to what he had to say. His message was simple and sobering -- we are bubbled out. The markets are responding to momentum not fundamentals. They are far overshooting.
Read →Harris Interactive's brand survey lists Coka Cola as the number one brand. Interestingly, Microsoft beat Apple.
Read →The US dollar is collapsing and that is why the stock market is going up
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