Archive for February, 2009
New Energy Finance – NEX – Weekly Review
Each week I recap the results of the WilderHill New Energy Global Innovation Index, symbol NEX, and published by New Energy Finance Ltd. The index consists of approximately 90 stocks from 22 countries. The NEX is the tracking index for the PowerShares Global Clean Energy Portfolio ETF (PBD: 15.01 +0.04 +0.27%). For reference, the NEX [...]
Copa Holdings continues Latin America growth
Copa Holdings, S.A. – Copa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008.
Panama based airline holding company Copa Holdings, S.A. (CPA: 59.48 +1.73 +3.00%) has proven once again that a airline can actually make money. Copa is the holding company for Copa Airlines [...]
Stock Market searching for a new bottom
I have been believing that the market hit its lows for the current bear market in November, the week before Thanksgiving. It now looks like the market will be testing those lows again 3 months later. Here are the current values of the major market indices and their 52 week lows:
Dow Jones Industrials: 7,365.67….7,226.29
S&P 500: [...]
Shipping Stocks Blog now live
My new blog, The Shipping Stocks Blog is now live. I apologize for the low amount of writing for the last few weeks, but it will pick up again soon. I will continue to write about stocks and market trends of interest on this site.
MarketWatch predicts zero new housing starts!
At this rate, starts would fall to zero by the end of the year.
via Housing starts plunge nearly 17% to record-low 466,000 rate – MarketWatch.
It is entertaining to see extrapolation taken to such a stupid level. Homebuilders do not want to sell houses at current price levels so they have stopped building. They have all [...]
