Reading Time: < 1 minute Last night is the last trading day for Chinese domestic stock market, for the year of pig. According to Google Finance, the index is up 72.09% in the year of Pig. The index closed at 4,599.70, a tiny bit shy of 4,600. Shanghai composite has been up BIG two years in a row. Guess that’s
Reading Time: < 1 minute The miracle play of Eli Manning and his teammate. ELi is the little brother of Peyton Manning. I think this play will be remembered by people (at least me) for years… By the way, there is a super bowl indicator for the market, it says if NFC team wins the super bowl the market will
Reading Time: < 1 minute Obviously most of them don’t know what they are talking about, accoring to Free Money Finance. This is actually confirmed by Karen Blumenthal, the author of Grande Expectation: a year in the life of Starbucks stock. She said (before wrote the book), she has been financial journalist for more than 20 years, but she did
Reading Time: < 1 minute I wrote about the bubble of PetroChina during its Shanghai IPO last Nov. I understand lots of people in China (San Hu 散户) are under water on this one. Obviously they bought into this “the most profitable company in Asia” slogan touted by some institutions that wanted to dump their shares during IPO. Here I
Reading Time: 2 minutes US Tax Rebate The US congress and president are on the same page for one thing: help every American buy an iPod (a.k.a. the tax rebate thing). For me while I am glad to get some of my tax dollor back (rather than been blew away in Iraq, or paying a Carribean trip for some
Reading Time: 2 minutes I started pay attention to the mobile phone and service providers lately. In fact I bought some China Mobile (CHL) shares about 2 weeks ago (bought it a bit early again Nokia: the balance Nokia is the No. 1 brand in China as shown in baidu Shouji (cell phone) report. One thing I noticed
Reading Time: 2 minutes Ballmer has been chasing Jerry Yang for a year, and today he ran out of patience. Interestingly enough, I learned it from CNBC first time (around 5:30 AM central time). Note, last time I watched early CNBC, it was Jan 22 global crash…so the lesson for me don’t get up too early The desperation
Reading Time: < 1 minute I am always interested in recurring revenue business, debit/credit card transaction fee is one. Yucheng Tech (YTEC), the smaller rival of Longtop (LFT), is entering POS business this year. According to my friend Nawar Alsaadi’s analysis (quoted below): “POS Revenue projections The company mentioned in an investor presentation in February 2007 that the average business
Reading Time: < 1 minute of this market. First is this Amazon bouncing back thing. Then is the whole market went up big, on the last day of the month. My initial sense is another windows dressing like it did on Dec 31. Note for mutual fund, hedge fund,…they all have monthly performance to meet. So take this last opportunity
Reading Time: 2 minutes What is earning quality? As a new investor, I used to look at earning of a company heavily. I think earning is also the driver of a stock price in the wall street. If a company issues earning report which beats the street, and offers upbeat outlook for next quarter (or next year), the street
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