Monthly Archives: October 2012

Swan Diving in MoMo Land

Posted on October 18, 2012 by macromon

Take a look at Google and Chipotle Mexican Grill after missing earnings.   We like Google over the longer term as it is one of the world’s most innovative companies.  But going long into earnings after an almost 50 percent run-up … Continue reading →

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Romney Takes Electoral College Lead At Real Clear

Posted on October 18, 2012 by macromon

This is the first time we’ve seen Romney take the lead in the electoral college at RealClearPolitics.  The governor has also opened up a 7 point lead in the national Gallup daily tracking poll among likely voters and seems to … Continue reading →

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China manufacturing model under threat – Reuters

Posted on October 17, 2012 by macromon

Put this on the your inflation and profit margin watch.  And start monitoring prices at Costco and WalMart, which we see already ticking higher.  Also see our past posts. Companies like Foxconn, which assembles most of the world’s iPads and … Continue reading →

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Quote of the Day: Creative Destruction 3.0

Posted on October 16, 2012 by macromon

Our third-quarter results reflected a continuing tough economic environment…The world of computing is in the midst of a period of breakthrough innovation and creativity.  –  Paul Otellini, Intel president and CEO. (click here if chart is not observable)

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IBM Revenues Fall, Confirms Slowing Economy

Posted on October 16, 2012 by macromon

The New York Times reports, The results, analysts said, were unlikely to reassure investors concerned about the global outlook for technology spending. In a conference call with analysts, Mark Loughridge, I.B.M.’s chief financial officer, said the revenue shortfall came from … Continue reading →

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Italy Car Sales Down 25.7% in September

Posted on October 16, 2012 by macromon

Italians are getting back on their bicycles….for the first time sense WWII the number of bicycles sold in Italy has over taken the number of cars…. (click here if video is not observable)

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Romney Rally?

Posted on October 16, 2012 by macromon

After returning to our desks last week, we posted, …been out (golf trip) and totally unplugged for the past few days and come back to yesterday’s major reversal in Apple (see chart)  and a big flip in the polls in … Continue reading →

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Apple – Three Time’s the Charm

Posted on October 16, 2012 by macromon

Apple $15 plus bounce today comes after a triple test of the $623-625 level.  The stock seems to like the triple test of support as it similarly did after the July sell-off.   The stock, in our opinion, still needs some … Continue reading →

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Pandit felt it was time to “move on” from Citi – Reuters

Posted on October 16, 2012 by macromon

Reuters Breakingviews’ Rob Cox spoke to Vikram Pandit and says the CEO left Citi on his own accord after he felt he had rebuilt confidence and capital in the bank. (click here if chart and video are not observable)

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Nobel Prize in Economics

Posted on October 15, 2012 by macromon

Alvin E. Roth and Lloyd S. Shapley shared the 2012 Nobel Prize in Economic Sciences for their work on matching supply and demand for everything from single men and women to organ donors and their recipients… Shapley, 89, designed theoretical … Continue reading →

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