Bachman Maintains HOLD on Canadian Solar (Nasdaq:CSIQ) - Time to Look Forward Now, Q2 is Done
09/03/2010 by SCP Editor in Articles
September 3, 2010 – Auriga’s Mark Bachman maintained a HOLD rating on Canadian Solar (Nasdaq:CSIQ) citing uncertainty about timing and sustainability relating to the company’s move to improve its margin structure. ...
Cowen’s Stone Remains Downbeat on Energy Conversion Devices (Nasdaq:ENER)
09/01/2010 by SCP Editor in Articles
September 1, 2010 – Analyst Comments – Cowen’s Rob Stone maintained a NEUTRAL rating this morning on Energy Conversion Devices (Nasdaq:ENER), which is currently trading around 0.6x book, citing execution and dilution risk. ...
Auriga’s Bachman Maintains HOLD on Canadian Solar (Nasdaq:CSIQ) Ahead of Q2 Report
09/01/2010 by SCP Editor in Articles
September 1, 2010 – Analyst Comments – Auriga’s Mark Bachman maintains a HOLD rating on Canadian Solar (Nasdaq:CSIQ) and a price target of $13, ahead of the company’s earnings report for Q2 which will be out tomorrow. He said Q2 ...
Stocks Opening Lower - Currency Concerns and Profit Taking in Focus
09/07/2010 by SCP Editor
September 7, 2010 – The futures are indicating lower openings this morning for the broader markets. The softness is largely being attributed to the currency markets, but profit taking is likely relevant in the discussion as well. ...
Nonfarm Payrolls Report Less Bad Than Expected - Bulls on Parade
09/03/2010 by SCP Editor
September 3, 2010 – The S&P 500 has gained 4% in the last two trading days, and look like it is going to post more gains today as the Street reacts to less bad economic data than had been expected in the Nonfarm Payrolls report for ...
Stocks Set to Move Higher - Weekly Jobless Claims Less Bad Than Expected
09/02/2010 by SCP Editor
September 2, 2010 – The futures are indicating higher openings this morning as the Street breathes a sigh of relief on the ‘less bad’ than expected weekly jobless claims and looks for a follow through on yesterday’s rally ahead ...
The Media is Dumbing Down The Economy - We See Potentially Disastrous Consequences
08/13/2010 by SCP Editor in SCP Blog
August 13, 2010 - The financial media continues to exacerbate the problem by lame thinking. We listened to a reporter on Bloomberg this morning talking to a fund manager about the potential for a double dip. The fund manager forecasted ...
Our Take on the New Normal - Adjust for Downside Risk Now
08/12/2010 by SCP Editor in SCP Blog
August 12, 2010 - We continue to think that the Street has already priced in, if not overpriced in, the impact of relatively strong earnings season. It has, up until yesterday, been largely ignoring the implications of all of the ...
Time to Get Agressive on Renewables?
07/26/2010 by SCP Editor in SCP Blog
An investor asked us the following question this morning:
Do you think it is time to go big time on margin into renewables, thinking they will catch up here to the market finally???
Our ...
This Morning’s Key Economic Data - Nonfarm Payrolls for August (2010)
09/03/2010 by SCP Editor
September 3, 2010 – This Morning’s Key Economic Data – Nonfarm Payrolls for August, 2010 - The Nonfarm Payrolls report for August came in showing job losses of 54,000, less bad than the 105,000 that had been expected, with the ...
This Morning’s Key Economic Data - Weekly Jobless Claims (week ended August 28, 2010)
09/02/2010 by SCP Editor
September 2, 2010 – This Morning’s Key Economic Data – Weekly Jobless Claims for the Week Ended August 28, 2010 – The number came in slightly better, or ‘less bad’ than expected, at 472,000. Sure, it could have been worse, ...
This Morning’s Key Economic Data - GDP Revised for Q2 2010
08/27/2010 by SCP Editor
August 27, 2010 – This Morning’s Key Economic Data – Revised GDP (Q2 2010) – the number came in ‘less bad’ than expected, at 1.6% (expectations were for 1.4%). At this point, the Street will be happy to have anything that is ...
