Posts filed under “Analysts”

Blackberry vs Apple vs Droid

About 6 months ago on CNBC Fast Money, I discussed why Blackberry was toast (cant find the video, but it may been this).

I was astonished anyone would even defend RIMM against the Apple onslaught. To be blunt, i am surprised RIMM is a still a double digit stock.

This was one of the cases where it was too easy: You did not need to be a quant or a rocket scientist or any sort of genius to see that Apple was eating RIMM’s lunch. The pushback against this obvious observation was surprisingly robust, as Wall Street analysts defended the name. Was it a purely a case of a value trap, or merely whoring for more banking business?

Regardless, it seems the last Street Analyst threw in the towel today.

I do not know when RIMM truly becomes a value play, but I don’t see the stock as dirt cheap here.

Category: Analysts, Really, really bad calls, Technology

Time Running Out?

A mention by David Rosenberg in a recent note sent me scurrying to find this report from the San Francisco Fed in August of last year.  The report — remember, it was almost one year ago — used the Leading Economic Indicators to assess the probability of another recession within the next 24 months (from that date,…Read More

Category: Analysts, Cycles, Data Analysis, Economy, Research

While Baghdad Bob Ben Bernanke says that everything is fine, China’s Dagong credit rating agency says the U.S has already defaulted. As AFP reports: “‘In our opinion, the United States has already been defaulting….Washington had already defaulted on its loans by allowing the dollar to weaken against other currencies – eroding the wealth of creditors…Read More

Category: Analysts, Credit, Think Tank

Most Photographed NYC Attraction? 5th Ave Apple Store

This is insane stuff: “Researcher Eric Fischer mapped and analyzed millions of photos on flicker that were taken throughout the city and looked at their geo-tagged information — such as time and date they were shot –to determine patterns of interest. Although the sleek glass exterior of the Fifth Avenue Apple store gets the most…Read More

Category: Analysts, Psychology, Travel, Web/Tech

Zombie Idea: Defaulters’ Retail Spending Spree ?

In April 2010, we discussed the false meme that defaulting homeowners were about to cause a surge in retail spending (Are Defaults Really Driving Retail Spending?). That blessedly data free idea turned out to be wrong. But as the backers of Supply-Side economics will tell you, its hard to keep a bad idea down. Thus, the…Read More

Category: Analysts, Consumer Spending, Foreclosures, Real Estate, Really, really bad calls

LDL: “Let’s Discuss Live”

“LDL” is my new favorite acronym. Call it Wall Street prosecution arcana:  To avoid putting into email any damaging info — especially about insider trading — some of the recent expert networks thought they might avoid prosecutions by using the acronym “LDL.” It is strewn throughout their emails, and informs the reciever that they are…Read More

Category: Analysts, Legal, Web/Tech

Do You Understand Earnings Estimates?

> Run-don’t-walk to see Jim Bianco’s fascinating discussion on Understandings Earnings Estimates. >

Category: Analysts, Earnings

A Guide to S&P’s Latest Credit Ratings by Country

click for ginormous graphic via Mint

Category: Analysts, Credit, Digital Media

Here’s the thing you need to understand about Cramer…

There is a hefty profile of James J. Cramer in the NYT magazine this weekend that is worth reading. But here’s the one thing you need to understand about Jim Cramer:  If you read financial blogs or follow StockTwits or do any sort of research online, the archeology of that traces back to Cramer. He…Read More

Category: Analysts, Financial Press, Web/Tech

GS: $100 Billion Rout in Commodities “Only Temporary”

A technical break in oil and silver, increased margin requirements by the CME, and a fast exit by speculators have combined to whack the commodities complex by more than $100 billion in a week. The value of the 24 commodities tracked by S&P GSCI index fell almost $90 billion dollars. Add to that the precious…Read More

Category: Analysts, Commodities, Technical Analysis