Archive for October 2007
Top Gun Receives More Than 1500 Visitors In The Week Oct. 22-26 - 33% Increase From A Month Ago
October 28, 2007 · Category: Top Gun Financial Planning
Top Gun's readership continues to steadily grow with more than 1500 visitors in the week Oct. 22-26 (Chart) - a 33% increase from the last week of September.
Posted by Greg Feirman · No Comments »
Sacramento Area Default Notices And Foreclosures Surge In 3rd Quarter
October 28, 2007 · Category: Real Estate, Local Business
The data tables in this front page Sacramento Bee article from yesterday are incredible.
Default notices and foreclosures in the 8 county Sacramento area are absolutely surging: up 158% and 516%, respectively, from the year ago ...
Posted by Greg Feirman · No Comments »
Countrywide Up 30% On Huge Volume
October 26, 2007 · Category: Stocks, Market Commentary
I like days like today when it's real simple: (Microsoft = Good + Countrywide = Good) = (Market = Good) (The Wall Street Journal's market column is titled "Countrywide, Microsoft Fuel Rally" (subscription required)). It speaks to ...
Posted by Greg Feirman · No Comments »
The Big Ugly Has A Day In The Sun - But Can It Avoid The Dreaded Fade?
Microsoft (MSFT) is having its biggest day in a long, long, long time - up $3.04, 9.50%, to $35.03 currently.
It is the most actively traded stock on either the New York or Nasdaq Stock Exchanges ...
Posted by Greg Feirman · 1 Comment »
Merrill Chief Stan O’Neal’s Job In Jeopardy
October 26, 2007 · Category: Stocks, Business Culture and Current Events
According to a New York Times article this morning, late last week Chief Executive Stan O'Neal, without the permission of Merrill's board, contacted Wachovia Chief Executive G. Kennedy Thompson to ask if he might be interested ...
Posted by Greg Feirman · No Comments »
Market Up On Good News From Microsoft and Countrywide
October 26, 2007 · Category: Stocks, Market Commentary
"The bullish commentary from Microsoft is helping the market, [as is] Countrywide coming out and saying they're going to be profitable."
- Robert Pavlik (subscription required), Oaktree Asset Management
Markets are up this morning on a strong ...
Posted by Greg Feirman · No Comments »
Markets Stop On A Dime And Shoot Upwards - S&P Rallies 25 Points In An Hour
October 24, 2007 · Category: Market Commentary
Well, well, I have no idea why but: S&P 1 Day Chart.
UPDATE (Wed 10/24, 8:45pm PST): It seems that the reason for the late day surge was rumors of an emergency rate cut from the ...
Posted by Greg Feirman · No Comments »
Merrill Lynch Stuns Market With $7.9 Billion Writedown On Its Mortgage Backed Securities Portfolio
October 24, 2007 · Category: Stocks, Market Commentary
On Friday October 5, Merrill (MER) preannounced an estimated $4.5 billion writedown on its mortgage backed securities portfolio which would result in a loss of up to 50 cents per diluted share for the quarter (Oct ...
Posted by Greg Feirman · No Comments »
Amazon Reports Blowout Quarter, But Was It Already Priced In?
October 23, 2007 · Category: Stocks
Amazon (AMZN) just reported a monster quarter.
Revenues were up 41% from the year ago period to $3.26 billion, including 42% in North America - analysts were looking for $3.14 billion.
Net Income came in at 19 ...
Posted by Greg Feirman · No Comments »
Amazon Blows Through $100 Into The Close; Approaching All Time Highs From December 1999
October 23, 2007 · Category: Stocks, Sentiment Analysis
Amazon blew through $100 a share into the close today, a level it hasn't seen since December 1999 (AMZN 10 Year Chart).
It's within striking distance of its all time high of $113.
Wow!
Posted by Greg Feirman · No Comments »
