Showing posts with label Yahoo Finance. Show all posts
Showing posts with label Yahoo Finance. Show all posts

Thursday, September 29, 2011

Another revenue gimmick for Banking Industry

In another move to take away money from business and consumers, the banking industry is about to put on a fee for simply using a debit card. The story is from AP via Yahoo!.

This is just another example of how banks are more in business for themselves than in it to grow business. Ridiculous!!!!!

Wednesday, November 10, 2010

Important jobless claim number

The jobless claims came out today and the long term number was telling. It is lower than the point just before Lehman Brothers troubles. The Yahoo Finance story is below.

Jobless story

Wednesday, October 13, 2010

Thursday, June 10, 2010

China Global Finance again

Hey

So here another couple stories that indicates a shift in importance towards China in the area of global finance. Both stories were found off of Yahoo! Finance.

China Growth

Geithner China Currency Importance

Happy wealth building!

Thursday, May 27, 2010

Global Financial Leadership shifting

For the past century, the normal headline would have read " Markets stabilize as US makes positive remarks about Europe." But the headline today read "Markets stabilize as China makes positive remarks about Europe." That headline is showing the world how leadership in global finance is shifting away from the US and towards China.

Are we losing our touch or is China simply gaining theirs? I'm thinking it is a combination. Our current financial leaders have shown a personal greed that has endangered our standing at the top. In the last 20 years, China's financial leaders have had a more leadership, less personal profit focus that has put them in a stronger financial leadership position than before. They haven't eclipsed us yet, but it could happen. We need to have a less personal profit, more leadership focus from our financial leaders.

The headline says it all. It would be nice if we could get back to that.

Friday, June 5, 2009

6 weeks to go, in black so far

Hey everyone

The open trade is currently positioned to end with a profit. The stock price rallied past the call price earlier in the week and finished the week above the call price. The call price has increased its time value (in dollar terms) by sixty percent since the trade was made meaning there is an increased level of interest in the company's stock. The call's expiration is due in six weeks or 30 trading days.

The company was positively covered by CNBC and the call options being traded were mentioned by a writer from Optionsmonster (link with story will be shown after trade is over.) I found the article through Yahoo Finance.


In the meantime, another deposit has been made to the account. Currently the trading account will be able to handle double the activity in four months. This will be one month shorter than it took for the previous set up to take. It is important to keep these deposits coming as it will assist in the accounts growth through new deposits, interest, and trade revenue.

As always, I do not fully divulge information on open trades until they are done. When the trade ends, I will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask me questions and I will answer them the best I can without endangering the trade.

Monday, June 1, 2009

First trade entry

Alright! First trade entered!


I made the trade on May 27. I have purchased 100 shares of stock and sold an out of the money (but closest to the money) July call (fifty cents away.) The premium received from the call (after transaction costs) equaled 5% of the stock. The chart of the stock is in a recovery mode since the spring thrashing.

I made this purchase for several reasons. The chart of the stock is showing major support at this level. The company came out with a positive surprise last quarter and guidance for next quarter was positive. The stock has room to move up without being called away right away. The difference between the call price and the stock price also allows a decent profit after transaction costs if reached. The call premium received allows continued growth in capital for the account.

As always, I do not fully divulge information on trades until they are done. At that point, I will give out the rest of the details (stock name, price purchased, call purchased, chart info) that sort of thing. Please feel free to ask me questions and I will answer them the best I can without endangering the trade.


Monday, April 7, 2008

PBW news and holdings 4/7

Hey everyone

Here are the top ten and news stories for PBW and the top ten

Fund Holdings subject to change
Suntech Power Holdings Co. Ltd. (ADS) 3.74%
Yingli Green Energy Holding Co. Ltd. (ADS) 3.69%
JA Solar Holdings Co. Ltd. (ADS) 3.65%
First Solar Inc. 3.56%
Trina Solar Ltd. (ADS) 3.55%



Evergreen Solar Inc. 3.55%
SunPower Corp. (Cl A) 3.54%
Ormat Technologies Inc. 3.17%
Echelon Corp. 3.12%
Energy Conversion Devices Inc. 2.80%


Upgrades/Downgrades

None


News

PBW - Seeking Alpha article on top revenue by ETFs

YGE - Solar starts week strong

TSL - Motley Fool article on solar

ESLR - Rueters article on plant expansion

ELON - Yahoo article on Philips agreement

Wednesday, March 19, 2008

3/17-19 PBW news

Hey everyone

Belated Happy St. Patty's day!

Below is news, and any upgrades/downgrades of the top ten holdings of the ETF. I am still bullish on the ETF and still own the 22, 24 June credit spread. I would like to thank Yahoo! Finance, Marketwatch, and Powershares for the information.

Top Ten Fund Holdings subject to change

Applied Materials Inc. 5.47%, Cree Inc. 4.95%, MEMC Electronic Materials Inc. 4.64%,
Itron Inc. 4.39%, Ormat Technologies Inc. 3.75%, First Solar Inc. 3.65%, IDACORP Inc. 3.57%
American Superconductor Corp. 3.56%, OM Group Inc. 3.52%, Cosan Ltd. (Cl A) 3.44%

Upgrades/Downgrades

AMAT - In a story reported by Marketwatch, Applied Materials was upgraded by Caris and Company with a price target of 27 from 21. The full story is also in news.


News Stories

AMAT - Upgraded by Caris

MEMC - CEO made 1.8 million dollars last year

ITRI - NY Investor Day

FSLR - Cramer thinks this day is different

AMSC - New Orders from overseas

Monday, January 7, 2008

Clean Energy ETF (PBW)

Happy New Year Everyone!

I am writing to let you know about an ETF that I have found and like very much. It is called the Powershares Milwall Clean Energy ETF with the symbol PBW. I like the ETF because it falls under the four principles of Warren Buffet’s investing style (management, price, industry growth, and value). The ETF is managed well. The ETF has included industry leaders like First Solar in its portfolio. It also contains companies that cover the entire process from idea to product usage. The technical aspects of PBW’s chart show that it is in an upward trend. Its Price to Earnings ratio is reasonable. The profits for most of these companies will grow at an exponential rate because there is demand from both public and private sources.

The one downside I would say that it has is that a great majority (over 91%)of the ETF’s holdings reside in the US and I would like to see more exposure to clean energy companies outside the US.

As always, do the homework necessary to get your investments correct. I do my homework by using Yahoo Finance and Optionsxpress. They are both excellent resources.



As of right now I do not own any shares, optionsof PBW, or any shares or options of the securities within PBW.



Please post any comments as you see fit.