This Week on StockHouse July 23 to 27

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The last full week of July was the week that investors decided that markets had gone far enough. Major world exchanges sold off amid worries about record-high oil prices, the implications of a slumping U.S. housing market, and the overbought conditions of many exchanges.

StockHouse members found plenty to discuss after a junior gold miner unveiled news of a new gold discovery in Mexico. For a fast rundown of that discussion, and other popular subjects on StockHouse for the week, check out the Top Five (http://www.stockhouse.ca/shfn/article.asp?edtID=19999).

The newest StockHouse feature, the BullBoards Roundup by Robert Arber (http://www.stockhouse.ca/shfn/article.asp?edtID=20003 ), was out of the gate on Wednesday, and touched on posters’ reactions to a trading halt at Knight Resources (TSX: V.KNP), among other discussions.

The parabolic rise in uranium prices has sparked intense interest in all aspects of the radioactive fuel. This week reporter Sean Mason looked at how posters on the Energy Fuels (TSX: TEFR) board reacted to the company’s decision to locate a proposed uranium mill (http://www.stockhouse.ca/shfn/article.asp?edtID=19994 ) on newly acquired property in Colorado.

For a brief moment this week, it looked as though Apple’s (NASDAQ: AAPL) shares were going to become reacquainted with gravity. With connection rates for its iPhone below expectations, would Research in Motion (NASDAQ: RIMM; TSX: T.RIM), the maker of the BlackBerry portable email device, make headway in the market? Opinion was divided (http://www.stockhouse.ca/shfn/article.asp?edtID=20000), as Sean Mason learned.

From the columnists this week:

Danny Deadlock revisited content management and data mining software maker Nstein (TSX: V.EIN), highlighting news that it had signed a contract with Canoe.ca (http://www.stockhouse.ca/shfn/article.asp?edtID=19989 ), an arm of the Quebecor Media empire.

Investors should be worried about the amount of investment in U.S. Treasuries by China’s government, but can hedge (http://www.stockhouse.ca/shfn/article.asp?edtID=19991 ) their risk by buying gold and gold stocks, said David Galland in the Casey Files.

The U.S. dollar veered dangerously close to the 80-cent level before trading higher. Donald Dony examined the prospects for a 70-something cent dollar (http://www.stockhouse.ca/shfn/article.asp?edtID=19993 ) and read the tea leaves for commodities and other currencies should this drop occur.

After the beating suffered by so many securities, there are going to be bargains in many sectors, and just in time for investors to find them, Micro-cap Spotlight authors Institutional Research Partners listed their favourite Internet research sites (http://www.stockhouse.ca/shfn/article.asp?edtID=19995).

Are there troubles ahead for Intermune’s (NASDAQ: ITMN) experimental hepatitis C therapy? Even so (http://www.stockhouse.ca/shfn/editorial.asp?edtID=19419) it may be too expensive (http://www.stockhouse.ca/shfn/article.asp?edtID=19998 ), wrote Leon Hamerling & J. Paul.

This week’s Wizard, Jay Matulich, warned that the bull market was getting on in years, but held out the prospect that there could be another rally (http://www.stockhouse.ca/shfn/article.asp?edtID=20001 ) before the end of September.

Mark McNair, the Securities Sleuth, noted that the board of water filtration company Pall Corp (NYSE: PLL) had begun an investigation (http://www.stockhouse.ca/shfn/article.asp?edtID=20005 ) into possible material understatements of its U.S. income tax payments.

While some investors were breaking out the champagne and cigars as the Dow topped 14,000 last week, others were setting stop losses and taking other measures to preserve their investment capitol (http://www.stockhouse.ca/shfn/article.asp?edtID=20006 ). George Leong hoped you’re among the latter group.

He’s no guru, but John J. De Goey argued for a little peace, love and understanding in the financial advice community. (http://www.stockhouse.ca/shfn/editorial.asp?edtID=20010 )

And Financially Fit argued that investing in a Roth IRA is a good investment in your retirement. (http://www.stockhouse.com/shfn/editorial.asp?edtID=20011 )

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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