The Wall Street Journal’s coverage of the Greek dent crisis has focused less on the crisis itself, and more on the markets’ reaction to it. With headlines like “Hedge Funds Try ‘Career Trade’ Against Euro” and “Speculators Bet Record Amount Against Euro For 4th Week” and “Europe Trouble, U.S. Opportunity” – among others – the [...]
Continue reading...28 February 2010 9:07 pm PST
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What are the lessons learned from this week’s White House health care summit, and how should reform efforts proceed from here? House Minority Leader John Boehner, R-Ohio, said: “The thing I have heard more than anything over the last six or seven months is that the American people want us to scrap this bill. They [...]
Continue reading...28 February 2010 9:07 pm PST
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Updated at 10:17 a.m. on Feb. 22. President Obama this morning released a health care proposal that he will bring as a starting point for the bipartisan health care summit he is hosting Thursday. The plan closely follows the health care reform legislation that the Senate passed in December, but adds a new provision that [...]
Continue reading...28 February 2010 9:07 pm PST
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Is a new health care proposal by Newt Gingrich and John Goodman worth considering? Here are the highlights. (Gingrich is former speaker of the House and founder of the Center for Health Transformation, and Goodman is president of the National Center for Policy Analysis). • Allow people a generous tax credit or let them deduct [...]
Continue reading...28 February 2010 8:33 pm PST
By Chris Nelder of GreenChipStocks.com (reprinted with permission)Get your Free Cleantech Report Today! Judging by the excitement around the unveiling of the Bloom Box, you’d think it was the Second Coming. The green blogs fell all over themselves repeating the breathless “Holy Grail” speculations in Lesley Stahl’s 60 Minutes report, which was indistinguishable from an [...]
Continue reading...28 February 2010 8:33 pm PST
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T. Boone Pickens told the Houston Chronicle yesterday that he expects Congress to pass the Natural Gas Act by Memorial Day. If it’s passed, the act would greatly increase the use of natural gas as a fuel for heavy-duty fleets, which would be a boon (pun most definitely intended) to Pickens’ company Clean Energy Fuels. [...]
Continue reading...28 February 2010 8:33 pm PST
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First Solar (FSLR) and Cree Inc (CREE) are two stocks moving in opposite directions, but they have one thing in common - the Chairman of both companies, Michael Ahearn at FSLR and Chuck Swoboda at CREEl, have been dumping stock. According to Street Insider, Ahearn has sold off 43% of his holdings or nearly $150 [...]
Continue reading...28 February 2010 8:33 pm PST
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China solar stocks have been crushed over the past month, but today are green on a day when the market is down significantly. This is the kind of relative strength that indicates that perhaps they have reached a turning point. I think it’s too soon to call a bottom in the China solar stocks, but [...]
Continue reading...28 February 2010 5:01 pm PST
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As investors vacillated about the impact of developments in Greece, together with the uncertainty of strong fourth-quarter economic data possibly not carrying over to the first quarter, stock markets experienced two sharp sell-offs and two rebound rallies, limping to small gains on Friday but ending the week modestly down. Renewed fears over Greece’s debt woes, [...]
Continue reading...28 February 2010 5:00 pm PST
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This week on Wealthtrack, Consuelo Mack sits down with Steven Romick, the founder and portfolio manager of the five star FPA Crescent Fund. Romick’s contrarian views and go anywhere, invest in anything style have put him in the top one percent of all money managers over the last decade and earned him a finalist slot [...]
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28 February 2010 10:50 pm PST
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