Archive for June, 2011

FA Notes June 30, 2011

June 30th, 2011 No comments

Jobless claims 428K vs. 420K est., 429K prior
Chicago PMI 61.1 vs. 53 est., 56.6 prior

German banks near agreement on Greek bond rollover plan. Link

Conjecture that China has been buying the euro. Link

AAPL – Apple aims to ship 12-14M iPads in Q3. Link

Today’s POMO $4-5 billion

Categories: News

FA Notes June 29, 2011

June 29th, 2011 No comments

MS – Bloomberg reports Morgan Stanley lost at least tens of millions of dollars on an interest-rate trade. Link

GS – Goldman to cut jobs. Link

Today’s POMO $2-3 billion

Categories: News

FA Notes June 28, 2011

June 28th, 2011 No comments

April Case-Shiller –3.96% y/y vs. –3.85% est. –3.61% prior

YOKU – Youku starts VOD deal with Warner Bros. Link

MSFT – Microsoft launches Office 365.

FT on the French bank proposal to roll-over Greek debt. Link

WSJ 50.2% of the assets in the 10 largest money-market funds is in European bank debt. Link
Today’s POMO $4-5 billion

Categories: News

FA Notes June 27, 2011

June 27th, 2011 No comments

Personal income m/m 0.3% vs. 0.4% est.
Consumer spending m/m 0% vs. 0% est.
Core PCE price m/m 0.3% vs. 0.2% est.

European banks near 70% Greek bond roll-over. Link

Fed to buy $25B/month to keep QE balance sheet the same. Link

Soros says Euro exit inevitable. Link

AAPL – DB wants a mid-range iPhone. Link

Today’s POMO $4-5 billion

WSJ negative on KIM and DDR
WSJ SINA wants to add more Facebook-like features Link
Sell-side GS upgrades SINA to Neutral
Sell-side MS says buy AAPL Link

Categories: News

FA Notes June 24, 2011

June 24th, 2011 No comments

AAPL – Digitimes reports sources say MacBook 2011 forecast goes to 15M vs. 13M previously. Link

CHBT – Auditor of China-Biotics quits. Link

John Paulson’s latest thoughts on the market. Link

Today’s POMO $4-5 billion

Categories: News

FA Notes June 23, 2011

June 23rd, 2011 No comments

WDC STX – Digitimes reports hard-drives likely to be in short supply in Q3. Link

ERTS – EA is rumored buyer of PopCap. Link

F – Ford falls to 23rd in J.D. Powers quality survey. Link

Today’s POMO $1-1.5 billion

Categories: News

FA Notes June 22, 2011

June 22nd, 2011 No comments

AAPL – Apple preparing faster iPhone for September. Link

AMZN TXN – Amazon reportedly to launch their tablets in August-September using Texas Instrument processors. Link

NVDA – Brightsideofnews says Kal-El chip is “allegedly late” Link

RIMM – RIM lowers internal sales targets for Playbook. Link

New crop of Chinese IPOs? Link

The Best Trader in the World worked for Madoff? Link

Interview with Carl Icahn. Link

47% of Wifi devices on Burger King’s network are iOS. Link

Sell-side Barclays upgrades FFIV to overweight PT $125

Today’s POMO 0

Categories: News

FA Notes June 21, 2011

June 21st, 2011 No comments

SNOFF – Paulson dumps his entire Sino-Forest position. Link

Copper – China inbound copper shipments down 47% y/y. Link

Euro – Greek vote of confidence is at 5PM EST. Link

Euro – S&P reaffirmed that a voluntary debt restructuring will likely be deemed a default. Link

NYTimes on Vote of Confidence is only the first step for Greece. Link

RIMM – Would you buy this company? Link
RIMM – Desperate long gets quoted in Bloomberg article that RIMM might get bought. Link

Today’s POMO $4-5 billion

Categories: News

FA Notes June 20, 2011

June 20th, 2011 No comments

Euro – European governments fail to reach agreement on releasing next Greek bailout payment. Link

DANG – Interview with CFO of Dangdang. Link

Interview with VC Bill Gurley. Positive on Twitter, negative on Groupon. Link

Profile on Howard Marks. Link

SNOFF – The Globe and Mail investigates Sino-Forest claims in China. Link

What would happen if Greece defaulted? Link

Oil Refiners and Margins. Link

Jeff deGraaf on Trading with Fear and Arrogance. Link

Felix Investments hit the jack-pot on internet investments. Link

China short-sellers get burned by halts. Link

Today’s POMO $8-10 billion

Categories: News

FA Notes June 17, 2011

June 17th, 2011 No comments

University of Michigan consumer sentiment 71.8 vs. 74.5 est., 74.3 prior
Leading indicators 0.8% vs. 0.2% est., –0.3% prior

MCP – Prices of some rare earths went up a lot in last 2 weeks as China tightens controls again. Link

Profile on $6B “doomsday” hedge-fund manager Mark Spitznagel. Link
Mark Spitznagel old WSJ opinion editorial on the financial crisis. Link

China short-sellers bragging about their gains. Link

Euro – Germany’s Merkel backs down agrees to voluntary Greece bond holder role. Link

CSTR – Redbox rolls out its video game rental service nation-wide. Link

People’s Bank of China says 16,000 to 18,000 state and local officials stole $123 billion out of China in in the last 15 year or so years. Link

Today’s POMO $1.5-2 billion

Categories: News