| Tue, Dec 15, 2009 |
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Time to buy DreamWorks Animation?
BloggingStocks: DreamWorks Animation (DWA), a producer of computer-animated movies that competes with Disney (DIS), News Corp. (NWS), and others, closed about a nickel away from the 52-week high on Monday. At $39.20, is the stock getting ahead of itself?
Possibly, ... Read more
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BloggingStocks
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| Mon, Dec 14, 2009 |
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Daily Credit Summary: December 14 - Du Buy Again?
Spreads tightened notably today with HY outperforming IG and credit outperforming equity as Abu Dhabi's hail-mary provided support for the bulls systemically on a slow econ data day. Breadth was very positive with winners far outpacing wideners on the day as FINLs outperformed non-FINLs in credit-land but underperformed in equities. [More...]
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Stock Market News for December 14, 2009 - Market News
Strong showing on the retail sales front and better-than-estimated consumer confidence data lifted hopes the economic recovery is strengthening, but gains were limited as the greenback strengthened against a basket of currencies and technology shares came under pressure. [More...]
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Large Caps Breaking Out
Aside from some of the more speculative stocks, especially of the Chinese kind, much of the action of late has bene in the large and mega cap areas. One of my thesis go forward, is simply a continuation of a trend that has been happening the past 5-10+ years. International borders will mean less, the "home country" of a multinational means little, capital is king, and labor will be exploited as humans in 1 country are wage arbitraged against another. (As we have mentioned many times, IBM is the first US company I have heard of that has offered to allow Americans to keep their job if they move to India... at Indian wages of course. I expect much more of this in the decade forward) Hence costs will be low as labor is generally the #1 cost of almost any company. On the revenue side, Western politicians in desperate attemps to keep their jobs shuffle money to their strained consumers (until the house ATM comes back at [More...]
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Disney's new 'Princess' film opens in first place, is that good enough?
BloggingStocks: When I first saw the box office results for this past weekend, I was of two minds about Disney's (DIS) The Princess and the Frog. As of early estimates at Box Office Mojo, Princess took in $25 million at domestic theaters, good for first ... Read more
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