Archive - Aug 2010 - Blog entry

Fishermen and shrimpers versus BP and the government ...

Just in case there was any doubt...

Those hardware vendors that have adopted Android are experience monumental growth, eclipsing the growth rate of the previous smart phone champ, Apple. As software vendors take note, expect to see massive strides in the Android ecosystem. Will this be the first time in the history of consumer technology that an opens source, free platform dominates telecom, media, and data? Who will profit the most from this?

Markets in a Flash

· The EUR is starting to push higher this morning and is gaining against the USD, JPY and GBP.

· US equity futures are higher this morning following the European advance and indicating a rise in equity prices at the bell.

· Oil is trading over +1% higher this morning and is above $86.00. Gold is continuing to rise slowly and is at around $1230.00.

Until I began to examine the Dodd-Frank financial overhaul bill I had no idea that it would so significantly change the direction of the United States. It's scope is so vast and pervasive that it is difficult to grasp its totality. I wrote this article to try to explain this and why I believe it is so important for us to understand it. This is the final part of this four part series. I examine the consequences of Dodd-Frank.

It’s just a matter of time before global buying of the grains spills over into the sugar market. Should you be buying the world’s worst performing asset? New shortages are looming on the horizon. The US Department of Agriculture claims our stockpiles are at a 40 year nadir. China is developing a sweet tooth. (SGG), (CZZ).

What are the top hedge funds buying and selling?

Workers allege that - when they spot oil - they are removed from the scene, and then Corexit is dumped on the area at night ...

Does BP?

Android's market share is growing by nearly 900%, causing competing OSs and associated hardware vendors to experience negative smart phone market share gains. Many believe that Apple is not included in this category. Here I present hard evidence that Android is eating Apples along with everything else.

Markets in a Flash

· The USD is looking weak this morning as China see’s problems with US recovery.

· The JPY has started to look slightly stronger in the past few hours and is gaining against the USD and the EUR.

· US equity futures are lower today suggesting the selloff will continue when the markets open.

The tide is suddenly heading out to sea for aspiring hedge fund traders. A torrent of talent pouring into the marketplace fleeing the onerous restrictions of FinReg. Hedge funds, have crimped new hiring, their own modest first half returns keeping new investors at bay. Could we be setting up for a bonus draught like the one we saw in 2008?

Just another dumb program that puts cash in the big bank's pockets.

Analysts say they expect South Korea’s public pension funds, which now hold more than 300 trillion won ($252.73 billion) in assets, to be increasing their equity holdings soon.

The FDA and NOAA say that Gulf seafood is fine. President Obama ate a fish taco yesterday made with Gulf fish.

So does that mean Gulf seafood is safe to eat?