Guns and Planes: Take profits on S&W (SWHC:Nasdaq) and Boeings August 90 Calls (BAHR.X),
May 7, 2008 · Filed Under US Stocks and Markets · Comment
“If you have been watching the equities market over the past week, you may have noticed the Dow is having trouble remaining over the 13,000 mark. While this may be purely psychological, it is a sign that we have reached the top. ” - Andrew Snyder
By Andrew Snyder
Baltimore (TFN)- It is hard to believe, [...]
Dollar weakness: Strong euro threatens European industry
April 24, 2008 · Filed Under International Investing · Comment
Blogger’s Note: The record low exchange rate of the dollar against the euro and yen is seen as a harbinger of doom for the U.S. economy. It should be pointed out, however, that the global, export-driven economy favors two things: Cheap labor. And a cheap currency. Accordingly, European businesses consider the low dollar as a [...]
Weakening Dollar: Fly into some profits
April 23, 2008 · Filed Under US Stocks and Markets · Comment
“Two companies worth comparing are Airbus and Boeing. A falling dollar has dramatically hurt Airbus, while providing Boeing with a fantastic, but temporary, competitive advantage.” - Andrew Snyder
By Andrew Snyder
Baltimore (TFN) - At least a dollar is still worth a dollar here in the United States, because throughout much of the world it is not [...]
Decline of the Dollar: Low dollar, high pain for Europe
"Some high-carat European economists see the potential for an exchange rate of up to $1.60 per euro, which would mean another 10% devaluation from current levels. This would cost the European economies another half percentage point in economic growth." — J. Christoph Amberger by J. Christoph Amberger Baltimore — (TFN): Open your email any given day [...]
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