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How America's Unemployment Crisis Saved the Rich (Guest Post)
Thursday, May 26, 2011 - 9:15am | 2189By Mark Provost Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of “shamefully ignoring” the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in “the forgotten millions.” America's unemployed...
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Crude Near Term Triangle Pattern
Wednesday, May 25, 2011 - 9:58am | 49860 Minute Bars Prepared by Jamie Saettele, CMT Crude trade has slowed in recent days. A triangle may be unfolding in small wave b of B. The implications are for a sharp c of B rally (to complete wave B) towards 105.06. I would be a seller in the event of a bounce to there. A break below...
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Guest post: Mark Provost Why the Rich Love High Unemployment
Wednesday, May 25, 2011 - 8:35am | 1945Guest post by Mark Provost Why the Rich Love High Unemploymentvia Truthout Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of "shamefully ignoring" the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost...
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Oppenheimer Reiterates Oupterform and PT of $46 on Koppers Holdings
Wednesday, May 25, 2011 - 7:15am | 104Oppenheimer reiterates its Outperform rating and PT of $46 on Koppers Holdings (NYSE: KOP) after a meeting with its management. Oppenheimer remains optimistic about Koppers' long term outlook. In a research report published today, Oppenheimer states, "we remain positive on this attractively valued...
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UPDATE: Dahlman Rose Raises PT on Methanex to $40
Tuesday, May 24, 2011 - 8:01am | 96Dahlman Rose is out with its report today on Methanex (NASDAQ: MEOH), raising its PT from $34 to $40. In a note to clients, Dahlman Rose writes, "Following our visit to China last month and getting a better sense of the incremental demand, we are more bullish on the longer-term outlook for...
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Crude Range Developing?
Tuesday, May 24, 2011 - 7:45am | 479240 Minute Bars Prepared by Jamie Saettele, CMT Crude continues to trade ‘heavy'. It remains possible that recent consolidation is a small b wave so a test of 105 cannot be ruled out. I would be a seller in the event of a bounce to there. A break below 95 could trigger a sharp decline...
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Crude Bearish Objective Near 8500
Monday, May 23, 2011 - 9:02am | 479Daily Bars Prepared by Jamie Saettele, CMT Crude continues to trade ‘heavy'. It remains possible that recent consolidation is a small b wave so a test of 105 cannot be ruled out. I would be a seller in the event of a bounce however. A break below 95 could trigger a sharp decline towards...
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Hyde Marine Awarded Three Contracts for Hyde GUARDIAN® Ballast Water Management Systems
Monday, May 23, 2011 - 7:33am | 131Calgon Carbon Corporation (NYSE: CCC) announced today that its wholly owned subsidiary, Hyde Marine, Inc., has been awarded three contracts to supply a total of 13 Hyde GUARDIAN^® Ballast Water Treatment Systems for use on various vessels. The chemical free Hyde GUARDIAN BWT process uses filtration...
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Top 4 Mid-Cap Stocks In The Chemicals-Major Diversified Industry With The Highest Cash
Monday, May 23, 2011 - 12:07am | 133Below are the top mid-cap chemicals-major diversified houses stocks on the NYSE and NASDAQ in terms of cash. Ashland Inc (NYSE: ASH) had $1.13 billion in total cash and $907.00 million in total debt for the latest quarter. Eastman Chemical Company (NYSE: EMN) had $845.00 million in total cash and...
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10 Micro Cap Value Stocks
Sunday, May 22, 2011 - 10:47pm | 2235On a monthly basis I conduct a close replication of AAII's (American Association of Individual Investors) Shadow Stock screen. The goal is to find small, undervalued stocks with high price momentum over the past 52 weeks. The screen and date below is courtesy of Stockscreen123. I use the following...
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Crude Holding above 9500-For Now
Friday, May 20, 2011 - 9:45am | 518Daily Bars Prepared by Jamie Saettele, CMT Near term, crude weakness (from 104.60) may also be a B wave. Like gold, the implications are for a test of the high (104.60) before weakness resumes. Resistance comes in at 106.05 (former support) and 107.11 (61.8% retracement). The colored bars...
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Crude Consoldidates Recent Gains
Thursday, May 19, 2011 - 9:47am | 458Daily Bars Prepared by Jamie Saettele, CMT Near term, crude weakness (from 104.60) may also be a B wave. Like gold, the implications are for a test of the high (104.60) before weakness resumes. Resistance comes in at 106.05 (former support) and 107.11 (61.8% retracement). Support/...
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Morning Market Movers
Thursday, May 19, 2011 - 9:00am | 112B+H Ocean Carriers Ltd (AMEX: BHO) shares advanced 22.80% to $4.52 at 9:55 am. BHO's trailing-twelve-month revenue is $62.07 million. Eagle Rock Energy Partners LP (NASDAQ: EROCW) climbed 20.00% to $6.00. EROCW has a market capitalization of $510.97 million. Clean Diesel Technologies Inc (NASDAQ...
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Crude Could Test Recent High Near 105 Before Additional Weakness
Wednesday, May 18, 2011 - 9:59am | 460Daily Bars Prepared by Jamie Saettele, CMT Near term, crude weakness (from 104.60) may also be a B wave. Like gold, the implications are for a test of the high (104.60) before weakness resumes. Resistance comes in at 106.05 (former support) and 107.11 (61.8% retracement). Support/...
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Crude Objectives Remain Below 90
Tuesday, May 17, 2011 - 9:58am | 475Daily Bars Prepared by Jamie Saettele, CMT Crude's rally reversed just shy of its 50% retracement. A head and shoulders parallel line technique suggests that the high is in place. A break of the 5/6 low at 9463 would give scope to the 2/15 low at 8870 and then the 100% extension of the...