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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries for June, 2008

Stock Trading:Buy in today’s bottom and sell at tomorrow’s peak, this is not gonna work out

As Buffet said U.S economy will suffer in a deep and long recession. and other experts said we will see 180+ dollar oil price throughout this summer. The recession force and increasing oil price will continuously hit hardly on financials despite their true value(or maybe its bear-like stock). Forget about buy in today’s bottom and [...]

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Lehman Brothers Holdings (LEH) Could Suffer a Bear-like Liquidity Crisis

Paulson, in other words, raised the specter of “moral hazard,” or the
government’s inadvertent promotion of reckless lending, trading and other risky
behavior by guaranteeing that banks won’t be allowed to fail. And he risked
bringing up his own Wall Street lineage to bring home the point.
When the Treasury and its central bank opened the Primary Dealer Credit [...]

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Yahoo Exec:No Downturn in Asia Ops Despite Econ Uncertainties

Yahoo Exec:No Downturn in Asia Ops Despite Econ Uncertainties
Last Update: 6/26/2008 2:55:07 AM
SINGAPORE (Dow Jones)–Yahoo Inc.’s (YHOO) Asia operations haven’t seen any
significant impact from the global economic uncertainties and continue to see
growth in its advertising business in the region, a senior executive said
Thursday.
“Asia is still growing,” Ken Mandel, Yahoo’s vice president and managing director
for Southeast [...]

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Will smart-phone war cure summer’s cell-phone blues?

Could smart-phone war boost sluggish cell market?
Commentary: Rising tide not yet lifting all boats in wireless business
By Therese Poletti, MarketWatch
Last Update: 6/26/2008 12:01:00 AM
SAN FRANCISCO (MarketWatch) — In a few weeks, the Apple faithful and other
gadget mavens will line up as part of the mad rush to be among the first to buy
the new 3G [...]

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3G iPhone to go on sale in France in mid-July

LONDON (MarketWatch) — Orange, the mobile operator of France Telecom , said it
will put the 3G iPhone from Apple on sale on July 17. It will be selling the
8-gigabyte 3G iPhone from 149 euros ($233) as the exclusive operator, and plan
subscribers upgrading from the previous iPhone will be able to get the 3G version
at a [...]

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Goldman Sachs says U.S. brokers no longer “attractive”

By Steve Goldstein, MarketWatch
Last Update: 6/26/2008 5:37:00 AM
LONDON (MarketWatch) - U.S. stock futures dropped on Thursday as Goldman Sachs
said U.S. brokers no longer look attractive and as Research In Motion, Nike and
Oracle all issued cautious outlooks.
S&P 500 futures dropped 7.7 points to 1,314.90 and Nasdaq 100 futures dropped
10.25 points to 1,922.00. Dow industrial futures fell [...]

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Stock Market Cools Down Rally After Fed Signals Aggressive Rate Cutting Is Over

Federal Reserve signals aggressive rate cuts are over; unclear about when rate hikes will come
WASHINGTON (AP) — The Federal Reserve’s aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the [...]

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Stock Traders Should Know About How To Post At Message Board

I got killed yesterday/today on going long pdo….i mean I lost alot of money
and i was going on there msg board….reading all the sentiments:: the ha-ha-ha’s I told you so’s etc
and I told myself i wish I would have checked that board b4 going long
which means there is alot of truth on these boards [...]

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The Short View: Credit fears resurface [[LEH=BSC]]

By Jamie Chisholm
Wednesday Jun 25 2008 13:25
Fears are mounting that conditions are set to deteriorate markedly in credit markets.
Lehman Brothers (NYSE:LEH) warned this week that spreads on credit default swaps, which track the cost of insuring corporate debt against default, could soon spike beyond the levels seen at the time of the Bear Stearns (NYSE:BSC) [...]

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Potential for Fed rate hikes another reason mortgages are pricy

Fed rate hike concerns doing no favors for mortgage market
Signals from Fed may provide clues for whether mortgage rates will cool
By Deborah Levine, MarketWatch
Last Update: 6/25/2008 10:10:00 AM
NEW YORK (MarketWatch) — Expectations the Federal Reserve will raise benchmark
interest rates is not helping the housing market, which is likely to stumble
along for months as long as [...]

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Stocks in focus for Wednesday: Research In Motion, Oracle, Nike, Pier 1, Cost Plus

By Sue Chang, MarketWatch
Last Update: 6/24/2008 6:29:00 PM
SAN FRANCISCO (MarketWatch) — Tech shares are expected to take center stage
Wednesday, with major companies scheduled to report earnings. Other familiar
names such as General Mills and Nike are also slated to detail their quarterly
results.
Research In Motion (RIMM), the maker of BlackBerry, is forecast to report
earnings of 85 cents [...]

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WESTWOOD ONE/NCAA RADIO NETWORK PRESENTS COVERAGE OF THE 2008 MEN’S COLLEGE WORLD SERIES CHAMPIONSHIP

New York, NY – June 23, 2008 – Westwood One/NCAA Radio Network (NYSE:WON) is proud to
present live coverage of the best-of-three 2008 Men’s College World Championship Series, live from
Rosenblatt Stadium in Omaha, NE Monday, June 23 thru Wednesday, June 25. Calling all the action
this year will be CWS veteran Kevin Kugler and longtime MLB announcer [...]

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Yahoo shares jump on reports that Microsoft talks back on

SAN FRANCISCO (MarketWatch) — Yahoo Inc. saw its shares jump more than 5% early
Tuesday afternoon amid media reports that the company has renewed talks with
Microsoft Corp. over a potential deal, possibly a buyout. A report on CNet’s Web
site, citing “one major investor,” said the two companies were in talks for a
partial buyout of Yahoo’s search [...]

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BEFORE THE BELL/UPDATE: Futures Down Ahead Of Economic Data

By Geoffrey Rogow
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)–U.S. stock futures pointed to a lower opening for equities
Tuesday, ahead of reports on home price and consumer confidence, as well as the
beginning of a meeting for the Federal Reserve.
Technology stocks were particularly weak, led by Yahoo Inc. (YHOO) after [...]

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Microsoft Signals it will Sweeten Deal

07:53 YHOO Yahoo!: Microsoft has signaled that it is willing to sweeten its previous offer for a partial buyout of Yahoo’s search business - CNET News.com (21.45 )
CNET News.com reports and you thought a deal between MSFT and Yahoo was over and done with? Not so fast. Microsoft has signaled that it is willing to [...]

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