The$48billionrailroadindustrytransportsmorethan40%ofthecountry'sfreight.Itcovers140,000milesandmovesmorefreightthananyotherrailnetworkintheworld.Railroadstransportalmost70%ofallautomobilesand30%ofallgrainsproducedintheUS.About65%ofthenation'scoalistransportedviarail.
Theaggressiveexpansionduringlast8yearsmaynowturnouttobeashort-termheadache.EspecaillyintheAtlanticcoastsoftheUSandintheNAFTAzone...[阅读全文]
博文
(2009-02-16 12:30:15)
(2008-12-16 19:44:34)
Feddroptargetrateby0.75%to0.25%,veryclosetoJapan's0.2%.Thedropboostbroadmarket.
Shippingcompanieswereapparentlyoversoldanddidverywellinthelastweek,Drysreboundfrom$3to$11,unfortunately,Iboughtitat$30+.
Sincecrudeoilpricedrops,alotofoilcompaniesoilreservebecomeuneconomical.Thiswillaffectcompanyvaluation.Moreimportant,forcompaniesusetheirreserveascollateralforloan,itpostcreditthreats.
Als...[阅读全文]
Shippingcompanieswereapparentlyoversoldanddidverywellinthelastweek,Drysreboundfrom$3to$11,unfortunately,Iboughtitat$30+.
Sincecrudeoilpricedrops,alotofoilcompaniesoilreservebecomeuneconomical.Thiswillaffectcompanyvaluation.Moreimportant,forcompaniesusetheirreserveascollateralforloan,itpostcreditthreats.
Als...[阅读全文]
(2008-12-12 10:08:30)
Sinceoilpricedrop,someoilreservesarenoteconomic,thusaffectcompaniesvaluation.Alsosincedeepwateroffshoreprojectsaremoreexpensive,itwillbehitharder.Findoutwhichcompanyrelyonoffshoredeepwatermore!
***goodpair
**OK
*notsogood
XOM-CVX***
Watchout!!!CVXintroublewithEcuadorcase.Possibleliabilityof27B,thecaseispendingintheLagoAgrioregionofEcuadoranddecisionisexpectedinearly2009.Avoidbu...[阅读全文]
***goodpair
**OK
*notsogood
XOM-CVX***
Watchout!!!CVXintroublewithEcuadorcase.Possibleliabilityof27B,thecaseispendingintheLagoAgrioregionofEcuadoranddecisionisexpectedinearly2009.Avoidbu...[阅读全文]
(2008-12-12 09:59:05)
Yesterdaycrudeoilfuturesurgeby10%to$47whenSaudiArabindicatedithaddeliverthecutpromisedtoOPEC.Buttodaycrudeoilaswellasfuturedroppedbyabout7%becausesenaterejectbailoutplanforautomakers,whichraisedconcernthataprolongedrecessionwillcutfueldemand.
IneedtodoresearchonXOM-CVS,BP-TOTandCOP-MRO.
WhyXOMhasPEpremiumoverCVS?XOMhasPE8.7andFPE12.8,CVShasPE6.9andFPE10.4.CVSalsohashigerpayoutat3.24%comp...[阅读全文]
IneedtodoresearchonXOM-CVS,BP-TOTandCOP-MRO.
WhyXOMhasPEpremiumoverCVS?XOMhasPE8.7andFPE12.8,CVShasPE6.9andFPE10.4.CVSalsohashigerpayoutat3.24%comp...[阅读全文]
(2008-12-10 13:56:38)
Afterlongsetback,Ineedtorestart.Hopefullywritedailyreporteverydayandweeklyreporteveryweektocatchupwiththemarket.
Today'sstockupbecausecommoditypriceup.Today'sWSJsaidenergyandagriculturewillbegoodbetin2009accordingtoasurveyof200+moneymanagers.Mycurrentpositiongotabighitduringlastcoupleofmonths,expeciallydryshippingcompanies.I'llholdthosestockshopingcommoditypickupnextyear.I'llalsoholdmyagstoc...[阅读全文]
Today'sstockupbecausecommoditypriceup.Today'sWSJsaidenergyandagriculturewillbegoodbetin2009accordingtoasurveyof200+moneymanagers.Mycurrentpositiongotabighitduringlastcoupleofmonths,expeciallydryshippingcompanies.I'llholdthosestockshopingcommoditypickupnextyear.I'llalsoholdmyagstoc...[阅读全文]
(2008-10-14 08:18:00)
Marketopenedsharplyhigherbutwentdowngradually.USGovplantobuypreferedstockin9USbanksincludingciti,jpmorgan,wellsfargo,morganstanleyandgoldmansackssentbankstocksupmorethan10%.ImissedopportunitywhenMSwasonly$7lastFriday.Nowit's$20!Ihavetendencytobeidelaftermakingbadbet.Needtobemorebusinesslikeinthefuture.Justtreatbalanceascoldnumber.Bepreparedfornewopportunityatanytime.TodothisIneedtokeepsomecashonha...[阅读全文]
(2008-10-13 15:02:23)
Yenrallyrecentlybecauseinvestersunwindcarry-trade.
US$rallyagainstothermajordevelopedcurrencyexceptforYenbecause$isdeemedsaferincurrentglobalcreditcrisisandalsobecauseUScompanydeleverageoverseainvestmentandhold$whichshoreup$demand.
[阅读全文]
US$rallyagainstothermajordevelopedcurrencyexceptforYenbecause$isdeemedsaferincurrentglobalcreditcrisisandalsobecauseUScompanydeleverageoverseainvestmentandhold$whichshoreup$demand.
[阅读全文]
(2008-10-13 14:59:51)
GOOG-BIDU
MGM-WYNN
HD-LOW
AAPL-RIMM
LEG-ETH
WMT-COST
HUM-CI
RTP-RIO
BHP-RIO
BHP-RTP
PEP-KO
KO-DPS
CVX-XOMany2%differenceisopportunity
TOT-BP
COP-MRO
[阅读全文]
MGM-WYNN
HD-LOW
AAPL-RIMM
LEG-ETH
WMT-COST
HUM-CI
RTP-RIO
BHP-RIO
BHP-RTP
PEP-KO
KO-DPS
CVX-XOMany2%differenceisopportunity
TOT-BP
COP-MRO
[阅读全文]
(2008-10-13 09:39:01)
LastweekwastheworstoneweekinUSstockmarkethistory.Stockmarketdeclinein8consecutivedaysanddropped22%.LastFridaywasthemostvolatiledayinhistory.DOWswung1019pointsinoneday.VIXalsoinhistoricalhighover50.Globalefforttoshoreupfinancialconfidencedidn'tseemtowork.EventhoughIthinkit'sgoodopportunitytogetinbutalmostallmycapitalisstuckinthemarket.MyIBportfoliolost30%lastweek.IwaswonderingwhetherBDIwilldropbelo...[阅读全文]
(2008-10-07 09:12:12)
Yesterdaywasabloodyday.Globalcreditmarketwasincrashmode.RussiaRTSdown19.1%.NotlongagosomeonesaidRussianstockshadgoodvalueonBloomberg.UKFTSE100down7.9%to4589,FranceCAC-40down9%to3712,JapanNikkeidown4.3%andChinaShanghaiCompdown5.2%to2173.DOWwasdown800intradayandmanagedtorosesharplytoclosedown370.Creditmarketwasfreezeglobally.Especiallyshorttermlendingorcommercialpapergotbighit.
BDIwasprettystabl...[阅读全文]
BDIwasprettystabl...[阅读全文]
