3 Things You Need to Know Before Trading

Stocks were generally weak in Asian Trade. The Nikkei led the way down with a loss of more than two percent, the Hang Seng was almost one and a half percent lower, Australia lost 0.8% and Shanghai was off by a fraction. Most indexes in Europe are fractionally higher, with the Footsie currently up by a quarter percent and the Dax higher by 0.4%. US stock futures are up by ...read more

(OTCBB:AREM), American Rare Earth and Materials Corp. +32%

  American Rare Earths and Materials, Corp. (“AREM”) recently announced that the company’s ticker symbol as quoted on the OTC Bulletin Board has been changed from (OTCBB:ETGF – News) to (OTCBB:AREM)   The company’s name change from Element 21 Golf Company (E21) to American Rare Earths and Materials, Corp., and symbol change were formally approved. As previously announced, AREM’s corporate name was legally changed effective July 16, 2010, pursuant to a redomestication merger ...read more

4 Market Thoughts: Jobs Look for -105k

Stocks in Asia were moderately higher. The Nikkei and Hang Seng managed a half percent gain, Australia was up a fraction and Shanghai was unchanged. European indexes are mixed, with the Footsie up 0.4% and the Dax currently a quarter percent higher. US stock futures are down a small fraction as I write.  

*The August reading of China’s service sector Purchasing Managers Index was unchanged from the month before at 60.1. 

*The ...read more

TakeTwo(NASDAQ:TTWO): Gaming Depends on Console Cycle

Many play video games but few invest in video gaming.  I follow World of Warcraft stock (Nasdaq:ATVI), but don’t play the game, I do the same with Majesco (Nasdaq:COOL), and also TakeTwo (Nasdaq:TTWO) because it is a billion dollar industry.  The more I read, the more I understand the importance of the console to sales and the cycle.  Below are some risks for Take Two and Key points from the ...read more

Scneebley Vows Not To Ignore Economy Either

Fed Boss Pledges to Not Ignore the Economy and my friend Dewey Scneebley vowed to me the other day not to ignore the economy.  He decided he would continue to buy pencils and paper at the prison vending machine, and would continue to work in the kitchen at Shawshank.

On a seperate front, Chairman Bernanke used the opportunity of his headliner speech at the Jackson Hole Fed Fest to reiterate that ...read more

NewLead(NASDAQ:NEWL): Aquisitions Excite Investors +30%

NewLead Holdings Ltd. (Nasdaq:NEWL) last month announced the successful completion of the dropdown of five dry bulk vessels, including two newbuildings with long-term quality time charters attached and the right of first refusal for three additional newbuildings from Grandunion Inc. (“Grandunion”).

Total consideration for the dropdown of the five vessels is approximately $147.0 million, which includes approximately $93.0 million in assumed bank debt and other liabilities. The balance will be payments towards ...read more