SubscribeLinks and Reading for September 30th
September 30, 2009
Some of the more interesting and important items for September 30th :
- GM Will Shut Saturn After Penske Automotive Ends Talks on Supply Concerns – Saturn was a good part of the biz… No?
- Senate panel rejects first public option – Here we go again
- Consumer Confidence in U.S. Unexpectedly Declines Amid Rising Unemployment – This is an interesting turn
- FDIC propose banks prepay fees – 3 years in total.
- Federal Reserve Proposes Rules to Implement Credit-Card Law, Restrict Fees – Finally!
S&P Sector Performance – Check this….
September 30, 2009
The S&P 500 and other broad markets did exceptionally well this quarter. But, there were a few of the sub-sectors that really did an amazing job of amazing investors.
Click below to download the pdf that breaks it down.
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GDP Final (Charts) – Who is doing the Spendin’?
September 30, 2009
The final numbers were released today for the second quarter’s GDP. The fascination with GDP is becoming more and more obvious and the media just loves to announce when a country moves positive as it can headline that “RECESSION IS OVER!”
We know better though. Even though the recession is over it does not change anything. It is kind of like a birthday. When you turn 40, 42, or 68 it is a Read more
STEC (STEC) Upgraded – Technology Superior
September 29, 2009
STEC (STEC) shares have been under fire after reports stated that there may be some completion brewing. Add that to a recent confusing outlook from Hewlett Packard (HPQ), a big player in the server business and investors ran before looking.
We see fundamental and technical reasons why STEC should see a bounce from here. While there may be a few investors that are still looking to Read more
Hewlett Packard (HPQ) Making Ridiculous Claims…Again
September 29, 2009
This has been an ongoing problem we are seeing with CEOs. We call it the Carrot Syndrome.
As an example, we read that Hewlett Packard (HPQ) is once again doing the same thing they did last last year and at that time there was NO visibility about the future.
These days it seems as if all that has to be done is to tell investors that all is going to be well in the future. No matter how bad things are, hang the carrot out there and say something like Read more
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