Reading Time: 2 minutes My 2 cents on Cummins CMI (a while ago) I have watched CMI for a few months now, have not pulled the trigger yet. There was a brief chance around March 17. I dare not to buy it after it went above 50. Like commodity, short term CMI has some selling pressure because: 1) It’s

stlplace
July 30, 2008

Reading Time: 2 minutes CFA test did not turn out the result I liked to see. I thought about the reasons, besides the unlucky factor (my score right around the pass/fail line), I attribute the main reason to myself: I did not work hard enough, and my financial knowledge is not good enough. Imagine if I could make more

stlplace
July 29, 2008

Reading Time: 3 minutes IS out. I could not fall asleep this morning at 5:30 AM, 2.5 hrs before the official score release. Logged into the web, hope to see something, nothing there, watched some Bloomberg TV, and back to sleep (listened to iPod actually because I could not fall asleep). 8:00 AM, back to computer again, could not

stlplace
July 29, 2008

Reading Time: < 1 minute A subdued Olympics rally? The Olympics is coming. But we are not seeing much sign of an Olympics stock market rally, both in Shanghai, or in New York. The Shanghai composite index is barely above 52 week low, at around 2800 to 2900 range. Two of the Beijing 2008 Sponsors, China Mobile (NYSE: CHL) and

stlplace
July 28, 2008

Reading Time: < 1 minute His plan is basically use more wind for electricity power, free up the natural gas for transportation (automobiles). Currently natural gas cars are still not as versatile as gasoline cars. But I have seen and heard natural gas powered taxi in Shanghai, and gas powered bus in the States. Natural gas is more environmentally friendly

stlplace
July 26, 2008

Reading Time: 2 minutes By now it’s no secret that CROX stock failed. After it issued horrendous 2Q 08 preliminary results and full year guidance yesterday afternoon (refer to MarketWatch for more details). I don’t want to dive into the numbers and add salt to injury. I traded the stock last year until this Feb. when I realized it

stlplace
July 25, 2008

Reading Time: < 1 minute Highlights From its IR web site Sales up 20 percent at constant exchange rates to $7.3 billion Crop Protection sales up 21 percent(2) at $5.55 billion Seeds sales up 15 percent(2) to $1.74 billion Earnings per share(1) up 36 percent to $16.53 Earnings per share $15.93 after restructuring and impairment Capacity expansion to meet longer

stlplace
July 24, 2008

Reading Time: 2 minutes Chesapeake Energy (NYSE: CHK) is a stock I have known for a while. I traded it in year 2006, I did not hold it for long term partly because I usually don’t hold a stock for more than a year (until Mindray), more importantly I did not understand all the natural gas price volatility, CHK’s

stlplace
July 24, 2008

Reading Time: < 1 minute Background Couple days ago the Apple stock got a hit not just becaues of the soft earning guidance, the more important reason is the company declined to answer the health question of its co-founder and CEO Steve Jobs in the earning call. You tube videos Great Artists Steal – Triumph of the Nerds – Revised

stlplace
July 23, 2008

Reading Time: 2 minutes Apple launched its first China store in Beijing last Saturday, with 2000 fans waiting outside, including some celebrity names such as Lu Yu (Phoenix TV), Cui Jian (China rock star) etc. You can see the scenes of Apple launch at Sina (Chinese), or preview pictures at David Feng. The Sina picture reminds me of the

stlplace
July 22, 2008
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