The Deepwater Horizon Oil Spill began in the Gulf of Mexico on April 20th with a drilling rig explosion that killed eleven platform workers and injured seventeen others. The rig was owned by Transocean, but it was BP who owned the doomed oil well. Now that the damage has [...]
There is one industry out of the 230, which StockDiagnostics.com’s computer and I follow that is head and shoulders above all health care related industries. It’s the Health Care Facilities and Services Industry. In looking among all of the industries within the Health Care Sector to write this column, I [...]
The significant correction, which I predicted in my January 15, 2010, post “The Era of Consumerism has Ended” is now underway. My rationale for my prediction one week ago was because the major market indices had climbed back to their pre crash levels and bullish sentiment had hit its highest levels since February of 2010.
Written by Dino Romano on
January 25, 2010 – 12:42 am
With the change in the winds of regulatory reform for the banks and financials I expect that 2010 will be a particularly brutal year for the stock market and the major indices including the Dow 30 and the S&P 500. I also predict that the highs for the Dow 30 and S&P 500 that were [...]
Written by Dino Romano on
November 26, 2009 – 12:16 pm
The most serious economic downturn since the Great Depression has made it extremely difficult for all but a few publicly held companies to grow their revenue or their top lines. With the lack of revenue growth for 2009, many have relied on layoffs and other cost cutting measures just to maintain their earnings. [...]
Global Investor Services, Inc., (OTCBB:GISV) a company whose shares are currently trading for pennies has scheduled a conference call for Wednesday October 14, 2009.
In my 32 years in the investment industry, I have never heard of a penny stock company holding a conference call for investors. Its hard to fathom that the news or [...]
Written by Dino Romano on
October 6, 2009 – 10:59 am
By Michael Markowski, October 5, 2009
In my September 2007, article “Have Wall Street’s Broker Been Pigging Out?” in Equities Magazine, I issued a warning; “there will be a day of reckoning and…it will be ugly for the five large brokers”. My warning was based on StockDiagnostics.com's proprietary software, which monitors cash [...]
Two of the biggest acquisitions of Computer Services Industry members, Affiliated Computer Services and Perot Systems occurred during the month of September of 2009. The acquisitions of these two respectively by Xerox and Dell indicate that a major shift is going on as those companies who manufacture and sell computers and office equipment are seeking [...]
She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008. Her argument is that banks are ill prepared for an unemployment rate of 10%.
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]
This morning Bear Market Boot Camp will cover the shares of six companies. The fact that low quality financials are dominating the volume on the NYSE is not a good sign. On Monday and Tuesday of this week four financial companies generated 40% of the volume on the NYSE. They were Citigroup, Bank of America, [...]
Written by Richard Suttmeier on
September 2, 2010 – 8:08 am
