Financial News
PC Sales Spike 40% for the week on Windows 7 (HPQ, DELL)
Posted November 3rd, 2009 by Eric Cheshier
The big jump in the chart on the left is the Windows 7 effect that PC makers Hewlett-Packard Company (NYSE:HPQ) and Dell Inc. (NASDAQ:DELL) have been waiting for.
Data for the week ending October 24th, which included three days of Windows 7 sales, reflect PC sales jumping 40% yoy.
Which PC Maker should you invest your hard earned dollar in - HPQ or DELL?
The case for DELL:
Two Words summarize DELL - Balance
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Happy 25 Cents a Share CIT Group
Posted November 3rd, 2009 by theStockMasters...
Got a quarter? You're in luck, you can buy one share of CIT Group (NYSE:CIT). CIT shares are down 63% since last Friday and doomed thanks to the company's filing for the 5th largest U.S. bankruptcy on Sunday. Thank you U.S. Taxpayer, remember how we forked out $2.3 billion in TARP funds to buy CIT's common stock, those same shares that are valued at 25 Cents today? Well, kiss that money good-bye thanks to CIT's Chapter 11 filing, we aren't getting a penny back, that's right, welcome to..
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IN and OUT Investing: Visa and Domino's
Posted November 3rd, 2009 by theStockMasters...
Domino's Pizza (NYSE:DPZ) shares have been left for dead and the number one credit card company is still Visa (NYSE:V), forget Mastercard (NYSE:MA) which is down 4% today at over $200 a share. Charge your Domino's pizza on your Visa card, the end.
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Wu-Tang's C.R.E.A.M.'s Ideology True for Corporate America
Posted November 2nd, 2009 by theStockMasters...
America’s biggest companies are “hoarding” cash at a record rate - good for them. Cash is King and Cash Rules Everything Around Me. U.S. companies are holding more cash -- and a greater percentage of assets in cash -- than at any time in the past 40 years.
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LDK Solar (LDK) gets hit hard
Posted November 2nd, 2009 by Eric CheshierShares of LDK Solar are down 22% today on news of Q-Cells terminating their supply deal.
LDK commented today commented on Q-Cells SE's announcement of its unilateral termination of the solar wafer supply agreement concluded with LDK Solar in December 2007. In its announcement, Q-Cells has claimed that LDK Solar has not fulfilled significant contractual obligations under the supply agreement. LDK Solar vigorously disagrees with Q-Cells' claims.
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Domino's Pizza - Time for a Look
Posted November 2nd, 2009 by theStockMasters...
Domino's Pizza, Inc. (NYSE:DPZ) shares have taken a beating since Oct 13th (down 22%) and despite the company's profit of 17 cents per share that was two cents better than analysts expected, the selling continues? Hungry for Pizza yet?
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DOW Drops 249 Points or 2.5%
Posted October 30th, 2009 by theStockMasters...
So much for those big gains yesterday, they are gone today. The Masters did try to warn you.
Today's Great Reason: Consumer Spending sucks and the Powers-that-be are worried that the economic recovery won't be sustainable. Kicked right down the hole America.
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We tried to warn you
Posted October 30th, 2009 by Eric Cheshier
As the DOW sheds -250 points today, let's recap all of the articles the Stockmasters posted in October about the
market correction that we expected:
How to profit from the Selloff
http://thestockmasters.com/Short-ETF-MYY-PSQ-SBB-10272009.html
Looking for an excuse to sell?
http://thestockmasters.com/node/1781
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The Euro Keeps Winning (Hard Knock Style)
Posted October 29th, 2009 by theStockMasters...
The Dollar and Yen are sinking against the Euro as funds head for higher-yielding assets. "Risk is back on," says Bank of New York Mellon currency strategist Michael Woolfolk. The dollar -0.9% against euro; -1.2% against pound; -0.9% against Swiss franc; -2.3% against Aussie dollar; +0.8% against Yen. Jigga, what, Jigga who?
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Citigroup Shares and its Treadline
Posted October 29th, 2009 by theStockMasters...
Citigroup Inc. (NYSE:C), our favorite 32% owned U.S. Taxpayer 'financial company' that owes us $45 billion in TARP funds is worth your attention because its common shares are trading at a very important treadline.
Thanks to WallStNation.com, enjoy the analysis.
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