Author Archives: Darren Marchal

Handicapping The Q4 Earnings Season

We are still a few weeks away from the Q4 earnings season, but companies with fiscal quarters ending in November will also form part of the Q4 reporting cycle. The AutoZone (AZO – Analyst Report) report this morning and the Adobe (ADBE – Analyst Report) report on Thursday all fall in that category of earnings…

Late Recovery Comforts Bulls

Not sure what to make of today. The recovery didn’t look like one based on merit and will be vulnerable to early morning weakness. The Russell 2000 went from trading range support to resistance as it finished with a bullish engulfing pattern. The strength of the pattern is weakened by the lack of oversold conditions….

Dream On Herr Hatzius: You Dwell In A Giant Collapsing Bubble

How ever-loving stupid do they think we really are? Goldman’s plenipotentiary at the New York Fed, William Dudley or B-Dud, has been running around pointedly emitting a new word signal called “patient” rather than “considerable time” to describe the Fed’s interest raising plan. Then right on cue, his alter ego back at Goldman central, Herr Hatzius, yesterday dug…

Week In Review: WuXi PharmaTech To List Subsidiary On China’

Deals and Financings WuXi PharmaTech (NYSE: WX), China’s largest CRO/CMO, has filed to list its chemical manufacturing subsidiary, SynTheAll Pharmaceutical Co. Ltd., on China’s Third Board, a two-year old electronic OTC exchange (see story). Although it has submitted a listing application, WuXi said it may not conduct an IPO for STA immediately after approval. WuXi further explained…