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Here’s some helpful fundamental guidance of what to look for in Nokia’s upcoming earnings conference call, from Gleacher & Co (they are very bearish on Nokia…and it’s always good to use the other side’s analysis in addition to your own): Nokia is scheduled to report
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We’ve got about two stocks in the green for every one stock in the red, but the markets are up only fractionally. The biggest trading news of the day is the fact that TXN has rallied off the lower levels it traded at last night after hours and early
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Texas Instruments ia a huge semiconductor company with important customers throughout the world (though Nokia is a major customer and Nokia’s loss of marketshare is continuing to hurt TI). TI just reported earnings and the company slightly missed both top and bottom line estimates. Fundamental analysis on TI’s
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Subscriber question regarding my earlier post about LPS’ continued problems and cited MERS as the source of those problems: “What is the relationship of MERS to LPS?” Answer: LPS runs MERS and is essentially in charge of servicing the mortgages in it.
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You just can’t make this stuff up. I just got spammed from….S&P! These idiots owned by a old-school publishing company, McGraw-Hill. In fact, I’ve worked on shorting these ratings companies, as I’ve noted in the past in my newsletters, because they are complicit and
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Like most traders today, most of the profits on our sheets today come from our shortside bets. Things continue to heat up for LPS, which is now down about $4 per share in the last couple weeks. I expect to stay short LPS for a long time as I expect
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Allow me to reprint much of the meat from the actual report and you’ll probably laugh that anybody would care what these idiots at S&P have to say about anything:
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There won’t be a bell rung to let you know when the sell off has played itself out. Again, I don’t expect we’ll see much if any lift intraday today…and tomorrow will be a new day that we’ll evaluate when it gets here. More importantly,
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S&P negative on U.S. debt Standard & Poor’s cuts its ratings outlook on the U.S. to negative from stable, keeping its Triple-A rating on the world’s largest economy. Stocks decline even as Treasury Department mounts defense. • Text of S&P’s downgrade of
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And as we close out the week, I don’t expect I’ll be doing any more trades other than having doubled my Google long position, using only common stock in that one so far. I’m flying out to Dallas to be a “celebrity” waiter at a charity event
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I really am buying some real estate here in NM. Here’s my recent real estate asset class write up from the 20 Trades to Save Your Portfolio in 2011 report: Real estate The single biggest concern about real estate is that the robo-signing/mortgage fraud and all the other
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Another day at the casino, and the markets are trying to crawl higher despite the ugly reaction to a decent fundamental Google report. Google’s down 6% on the day and having a hard time stabilizing, despite my theory last night that we’d likely see it trade to flat