Archive for August 2007
Sometimes Stocks Go Down - For A Long Time
August 16, 2007 · Category: Market Commentary
I've been reading a lot of commentary and watching a lot of pundits on CNBC today and of course the "don't panic", "this is a buying opportunity", "keep a long term perspective" crew is out ...
Posted by Greg Feirman · No Comments »
“Global Boom” Stocks Lead Market Down Today
August 16, 2007 · Category: Macro Economics, Market Commentary
Everyday I try to discern the "message of the markets" by looking at the performance of the various sectors: financials, consumer staples, consumer discretionary, technology, energy, basic materials, industrials, health care and utilties.
Checking up on ...
Posted by Greg Feirman · No Comments »
Dow Poised To Close Below 13,000 - Down 1,000 Points in 19 Trading Days
August 15, 2007 · Category: Technical Analysis, Market Commentary
The Dow is poised to close below 13,000 today for the first time since April. It took about 3 months to get from 13,000 to 14,000 - and it looks like it's only going to ...
Posted by Greg Feirman · No Comments »
4 Excellent WSJ “Lifestyle” Articles
"Had It Up to HERE? Despite Risk, Some Say Quitting Is Way To Go" (subscription required) Tuesday August 14
One of the hardest decisions most of us face at some point is whether or not to quit ...
Posted by Greg Feirman · No Comments »
Another Wild Day On Wall Street - Walmart, Home Depot, PPI, Sentinel and VMware
August 14, 2007 · Category: Stocks, Market Commentary
This morning before the open two of the biggest retailers Walmart (WMT) and Home Depot (HD) reported their quarterly earnings. Walmart forecast a weak 3Q and full year citing economic pressure on its customers. Investors ...
Posted by Greg Feirman · No Comments »
Friday Could Get Ugly; Is The Bull Dead?
August 9, 2007 · Category: Technical Analysis, Market Commentary
I remember sitting down in front of my TV on Tuesday February 27 as the clock hit 12:00pm out here in California - the start of the final hour of trading.
And I remember the Dow ...
Posted by Greg Feirman · No Comments »
What We Wanted And What We Got
August 7, 2007 · Category: Market Commentary, Federal Reserve
The market is acting a little schizo right now. After being down 100 or so points in the immediate aftermath of the FOMC announcement, it reversed course and at one point was up around 100 ...
Posted by Greg Feirman · No Comments »
Uncle Ben: Polite, But Not Charming
August 7, 2007 · Category: Market Commentary, Federal Reserve
In the statement that accompanied the Fed's decision to hold rates steady today, Fed Chairman Ben Bernanke acknowledge the ongoing turmoil in credit markets but gave no hint that rates might be cut in response ...
Posted by Greg Feirman · No Comments »
We Have A Date Tomorrow With Uncle Ben!!!
August 6, 2007 · Category: Market Commentary
[The Fed] "might reference recent market movements by talking about the ongoing repricing of risk...."
- Drew Matus (subscription required), Senior Economist, Lehman Brothers
Well aren't we just so excited about seeing Uncle Ben tomorrow!!! I mean would you ...
Posted by Greg Feirman · No Comments »
He Loves Me, He Love Me Not: All Eyes On Uncle Ben
August 6, 2007 · Category: Market Commentary, Federal Reserve
"Markets will be hungry for any good news next Tuesday, and may take the Fed's words the way a plain girl or guy who hasn't had a date in months would when his telephone starts ...
Posted by Greg Feirman · No Comments »
