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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
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- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
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Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
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Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
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- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
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Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
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- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
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- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
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- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
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- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
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Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
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US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
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Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
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ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Will China Have Lower Inflation in May?
If one is going to focus on China stock opportunities then the telecom providers and internet content compnaies that serve that market are a solid investment.
MYST.OB, China Netcom and Google partner is a prime candidate for big gains in 2008 and 2009.
MYST.OBs subsidiary Subaye.com launches Subaye English B2B site to compete directly with Alibaba English.
Both giants Google and China Netcom are on board for this MYST.OB effort.
Chinese Lessons
Many smaller compnaies will do well however.
MYST.OB is one.
It is profitable and growing. A partner with China Netcom and now has access to 125 million additional clients. Its astounding really.
China Folds Six Major Telcos into Three
Growing companies like MYST.OB will see huge revenue increases going forward.
This profitable and growing China Netcom partner will have an incredible 125 million additional customers available to them.
MYST.OB is creating a powerful brand and this will certainly drive earnings and interest.
China Telecom Sector Reorg Plan Affecting China Mobile
Many winners however.
One great play at this time is MYST.OB, a China Netcom partner.
They will benefit in a big way from the addition of China Unicoms customer base.
125 million additional users will have direct access to MYST.OB when the deal is done.
Big in 2008. Bigger still going forward.
How Not To Trade the Chinese Earthquake
This article should be removed and an apology posted in its place.
The idea of posting an article of this nature after the World Trade Center abomination of the London subway bombings would be unthinkable.
Why is that so? What is it about the Chinese people that makes you think this article would not enrage them? Do you think they are different from you.
A true disgrace.
Options Trader: Wednesday Outlook
Money flows into China stocks is once again gaining traction.
My favorite at this time is Google and China netcom partner MYST.OB.
MYST.OB is about to launch its Subaye English B2B site as direct competition for Alibaba English.
These are big stakes and MYST.OB has big partners.
ReneSola: Hot Stock in a Hot Sector
My favorite Chinese online stock is MYST.OB.
MYST.OB is in full partnership with Google and China Netcom on the new Subaye English B2B site.
Alibaba English now has serious competition.
Chinese Tech Stock Weekly Summary (5/12-5/18)
They are full partners with Google and China Netcom.
MYST.OBs subsidiary subaye.com will launch Subaye English B2B platform to compete with Alibaba.com and Alibaba English. The beta site is up and about to be activated.
MYST.OB is profitable and growing Q over Q.
This is a contender in 2008 for strong upward movement.
Market Punishes Perfect World for Earthquake; Buying the Dip
The best inexpensive online stock in the China space at this time however is MYST.OB.
They are partners with Google and China Netcom on the new Subaye English global B2B site.
MYST.OB is a big moneymaker in 2008 and 2009.
China Digital TV Should Jump on Bullish Note
China internet/telecom stocks will be roaring ahead in the next few years.
We know all of the big names but I have one small gem that is a must own now. MYST.OB.
They are about to launch Subaye English B2B site as competition for Alibaba English.
MYST.OB two partners are Google and China Netcom.
Will Sohu Rally to $150?
There is also a place for growth stocks as well.
MYST.OB is a full partner with Google and China Netcom.
They are profitable and are launching Subaye English b2B website to compete with Alibaba English.
Quite a bright future there at MYST.OB
Baidu: Riding the Chinese Internet Dragon
Baidu is a fabulous company. A crown jewel of the new China.
May I also point out that China Netcom's partner MYST.OB is also a great company to watch in the coming months.
MYST.OB is about to launch Subaye English B2B site. A direct competitor to Alibaba English. \
Certainly, MYST.OB should be watch closely.
China Telecom Restructuring Likely to Happen this Year
My favorite at the moment is China Netcom and Google full partner MYST.OB.
They are seeing serious growth now. 2008 and 2009 will be the breakout years for them
Sinovac’s Q1 Doubles Year-Earlier Results
That being said, I must point out the best China investment of 2008 .
MYST.OB will show growing strength thru 2008 and beyond.
That is my favorite stock now.
China: No, But This Time Really Is Different
I still remain bullish on China. Great stocks like MYST.OB will be the engine that drives the market in 2008 and 2009.