Good morning. Following the fourth-sharpest point decline in the Dow ever, premarket futures are showing a positive bias. Frankly, it's been difficult to understand why the premarket futures are in rally mode other than for the big loss yesterday. Along with expectations for another bad quarter at Goldman Sachs, earnings news for the most part continue to disappoint. Companies like Beazer Homes...
QQQQ
SPX
SPY
AMAZON
REIT
NLY
INCLUDE
NASDAQ
APPLE
AMBAC
MBI
ICT
CALL
EXPECTED
UNITED
FRE
SIRI
FOREX
GENERAL
CHINA
FORECAST
CREDIT
SHLD
INVESTORS
Q4
PUT
DOLLAR
WB
ILI
SAYS
MUCH
UPGRADE
CEO
SPX
SPY
NLY
INCLUDE
NASDAQ
APPLE
MBI
ICT
CALL
EXPECTED
UNITED
FRE
FOREX
GENERAL
CHINA
FORECAST
CREDIT
SHLD
INVESTORS
Q4
PUT
DOLLAR
WB
ILI
SAYS
MUCH
UPGRADE
CEO
TAG
GROWTH
CUT
CCE
LIQUIDITY
Will historic returns give way to additional gains? A preview of this week's earnings & economic data Reports on both construction spending & manufacturing disappoint "It's no time for the Fed to act like a bashful virgin." -Vincent Reinhart Governments' ability to pay for rescues in doubt Bailout spending is out of control Let's just throw a lot more money at the problem From a market economy ...
I enjoy looking at political cartoons and in recent weeks they have certainly taken on a financial focus: My personal favorite is the very last one.
Good morning. Premarket futures are suggesting a weak start of the new week and month. Other than the acquisition of Mentor by Johnson & Johnson, the news wires are relatively quiet. Of course, focus remains on holiday shopping as preliminary reports that indicate a better than expected start but the concern is that it is only due to deeply discounted merchandise. We'll receive more reports thi...
The bears clearly went on Thanksgving vacation. After all, they have a lot to be thankful for in 2008! For the week, the S&P 500 rallied back +12.03%, Dow +9.73%, Nasdaq +10.92%, and the Russell 2000 +16.38%. Looking through the weekly performance among the ETFs, the biggest winners this week were financials (UYG), real estate (URE), home construction (ITB), telecom (LTL), and basic materials (...
Since everyone's focus today is on spending money, I thought it would be a perfect time to talk about my new computer workstation which will arrive via FedEx by the end of the day. In this post, I'll provide details to the new workstation & monitor array along with detailed explanations for all of my choices. I hope you find it helpful and of interest......[READ]
The Biggest Turkeys of 2008 50%-off deals are not expected to save retail sales on Black Friday Retailers offer big discounts and then pray What does Black Friday mean anyway? Market performance on Black Friday Holiday shopping with deflated stocks The plunge protection team is operating at half-staff Volcker to play the heavy, again Government tries rewarding the risk-takers Fed commits $800 b...
Good morning. After the largest four-day recovery since the Great Depression, stock futures are indicating a soft start to the final trading day of November. There's not a lot of market moving news this morning other than terrorism in Mumbai and, of course, focus on retail sales this Black Friday. Premarket gainers: FNM, FRE, TCK, AZ, ACGY, TMA, GOLD, AIG, AEG, F, GM, GME, YHOO, & ANR. Premarke...
Another *VERY* nice day for the market. Seriously, we need Obama to give a speech every single day until the end of the year! As many of you already know, the stock and bond markets in the U.S. are closed tomorrow, but will reopen on Friday for a half day. Until then, have a Happy Thanksgiving and I'll see you bright and early on Friday.
It has been a year to remember and I'm far more thankful this year than any I can remember in the past. Here are some of the many things I plan to celebrate tomorrow: For my wife who after several years of hard work and dedication, earned a Ph.D. with honors this past summer and then quickly landed a tenured track professorship at a wonderful University. She makes every day of my life filled wi...