**Update 3/29: Boeing calls initial results of new wing stress test ‘positive’** Before any new aircraft design is put into service it’s required to pass a wing stress test, which stretches the wing to 150% of the most extreme stresses it will face while in service. Reasonable enough. However, what I didn’t realize is that […]
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From Cantor Report: “ Cantor/DRYS: We Upgrade DRYS To BUY (From HOLD) On Valuation, Rig Exposure * We raise our price target to $8 (from $7) based on our 7.0x EV/EBITDA multiple to our new 2010 EBITDA forecast of $558 million (from $544 million). Given the discrepancy between our target and the current stock price, […]
Recently, I wrote about how Dell, among some other companies, should benefit from an approaching IT replacement cycle, that I believe is being underestimated by many wall street analysts. Well I came across this article today, which has the White House budget director blaming old computers for our government’s inefficiencies and ineffectiveness. It would appear […]
Here is an updated table containing my global macro trading strategies for retail investors. **For the details behind my global macro trading hypothesis, please see my past article on this blog and at RealMoney.
Cantor Fitzgerald raised the price target for Diana Shipping (DSX) to $18 from $16 based on higher rechartering assumptions. Cantors presently holds a ‘Buy’ rating on DSX. DSX is one of the few shippers within the dry bulk space on which I hold a relatively constructive view. Compared to other shippers the company has a […]
According to Morgan Stanley and NPD, since the release of Windows 7 computer sales have risen by at least 30% y/y every week through December 26th, the most recent data point (see chart from Morgan Stanley). Not only does this bode well for Microsoft (MSFT), but provides another reason to be bullish on Dell (DELL). […]
Hearing about GM’s new battery plant I started reminiscing about an article I wrote back in July of 2008. Will this movement in the U.S. have the same impact it had on Japan? We will have to wait and see.
I mentioned this morning that major snow storms in China could place additional pressure on domestic Chinese food prices. I have since received several inquiries about which companies could benefit from this developing pricing dynamic pricing, and here is one answer: Let me take you back to this article on RealMoney, I published on October […]
Back in October I mentioned I had a rather bullish view on the tech sector going into 2010, but the only name I mentioned at the time was Apple (APPL). Recently, I’ve been speaking with quite a few money managers and one name in the sector has been coming up more than most others, and […]
Today I wanted to quickly highlight the performance of my equity based trading strategies around my global macro economic investment thesis. Emerging markets: I continue to believe that emerging-market growth and equity performance — especially in countries with a strong consumer base — will continue to outpace developed nations in 2010. Therefore, you should still […]