Initial Unemployment Claims Soar, Gold Plunges on Open - November 15, 2012 23:27

Let it not be said that rain or snow or a big freaking Hurricane will stop the U.S. government from issuing economic statistics on time regardless of the quality or even existence of data to calculate.  Such was the case this morning when the initial unemployment claims for the week were released and the number […]

Apple’s Push Towards Full Mobile May Leave Intel Behind - November 6, 2012 0:32

There’s a report that Apple is working on a version of an ARM SoC that could replace Intel chips in their full service Macs.  Since iOS and OS/X share the same code-base, similar to Windows Phone 8 and Windows 8 from Microsoft, creating a port of OS/X to run on the ARM architecture is not […]

Apple Misses, Stock Plummets Until Noon - October 26, 2012 22:53

The hedge-Fund Hotel known colloquially as Apple (NASDAQ:AAPL) missed both its top and bottom line numbers in the 3rd quarter and the stock dropped intra-day to a low near $590 per share.  A small amount of short-covering after noon pulled the stock back over a 6 handle to close at $604.00.  The thing that has […]

Apple Updates Entire Product Line Ahead of Windows 8 Launch - October 23, 2012 22:51

We all knew the iPad mini was coming.  It may have been the worst kept secret in technology.  What we didn’t know was that Apple had a lot more up their sleeves in Cupertino.  The refresh on the normal iPad with the A6x chip was really a no-brainer.  They released the iPhone with the new […]

Alcoa Kicks off Earnings Season While Tech Slumps - October 9, 2012 23:29

Alcoa (NYSE:AA) is the bellwether of bellwethers as it is the first major U.S. corporation to report.  A good report from Alcoa is usually a pre-requisite for a good earnings season.  Excluding one-time charges Alcoa earned $0.03 per share on significantly higher than expected revenues of $5.83 billion.  Fundamentally, commodity prices are going to be […]