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Deadline looms in snapper battle

Since the South Atlantic Fishery Management Council published its stock assessment for red snapper in February 2008, public testimony criticizing the council's science and resulting rules proposals has been loud and continuous. Now more than a dozen ...

From JORDAN KAHN, Daytona Beach News-Journal,  22 Nov 2009

Related Topics: U.S. Congress,  John Mica,  National Academy of Sciences,  National Oceanic and Atmospheric Administration

Hearings in Congress focus on proposed snapper ban

The debate about the scientific methods that determined a red snapper ban is necessary may be taking the first steps toward becoming a political discussion about changing fisheries laws. A congressional subcommittee last week held an oversight hearing ...

From JORDAN KAHN, Daytona Beach News-Journal,  2 Nov 2009

Related Topics: Frank Pallone,  Barney Frank,  Charles Schumer,  U.S. Senate,  John Mica

Dollar Bounce Day Four Weighs Stocks Down

The chart above shows the US dollar ETF (UUP), which tracks the direction of the dollar relative to a basket of other currencies. You can see the long slide that the dollar has endured, but this has coincided with a rise in the stock market. For the ...

From JORDAN KAHN, Seeking Alpha,  28 Oct 2009

AMZN Preview: Not Looking for a Blowout

Amazon (AMZN - commentary - Trade Now) is set to report earnings after the close on Thursday. Consensus estimates are for EPS of 33 cents on revenue of $5.03 billion. Amazon has topped consensus estimates in each of the last four ...

From JORDAN KAHN, The Street,  22 Oct 2009

Related Topics: Wal-Mart

AAPL Preview: Doing the Right Things

Apple (AAPL - commentary - Trade Now) will report earnings after the close on Monday. Consensus estimates are for EPS of $1.43 on revenues of $9.22 billion (according to Reuters). Expectations always run high for Apple, and this time, ...

From JORDAN KAHN, The Street,  19 Oct 2009

Related Topics: Apple, Inc.

Surf contest holds deep meaning for attendees

FLAGLER BEACH -- When the Tommy Tant Memorial Surf Classic comes to this beach town's boardwalk each year, things change. Last year, a red tide that hung on for weeks suddenly died off the night before the event. This year, overnight, the waves jumped ...

From JORDAN KAHN, Daytona Beach News-Journal,  12 Oct 2009

Related Topics: Fuel TV

Gold Breaks Out, But Beware a Potential Pullback

The chart above shows the strong breakout in gold. This is actually the Gold ETF (GLD), but it tracks gold prices very closely. You can see the strong volume spike yesterday as gold broke out convincingly above recent resistance. Gold has been strong ...

From JORDAN KAHN, Seeking Alpha,  8 Oct 2009

Possible ban on snapper, grouper fishing would be large-scale

Deep-sea bottom fishing in the southeast is in deep trouble. A months-long fight between fishermen and federal fisheries managers has come to this: By late October a decision is expected from the U.S. Secretary of Commerce on whether to ban red snapper ...

From JORDAN KAHN, Daytona Beach News-Journal,  6 Oct 2009

Related Topics: Bob Jones,  David Nelson

Strong Intel Earnings Report Helps Boost Stocks

I apologize for not updating my blog yesterday. I was out of the office at a conference and did not get a chance. Fortunately, it was a pretty quiet day. The biggest news was Goldman Sachs (GS) earnings report, which I covered for RealMoney.com. I will ...

From JORDAN KAHN, Seeking Alpha,  15 Jul 2009

Related Topics: Intel,  SPX

New rules for bottom fish

Vermilion snapper and grouper rule changes have been approved by the National Marine Fisheries Service and an interim rule to close red snapper fishing has been proposed by the South Atlantic Fishery Management Council. The new grouper and vermilion ...

From JORDAN KAHN, Daytona Beach News-Journal,  10 Jul 2009

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