Archive for April 2008

A Wonderful Day To Sell Stocks

April 24, 2008  ·  Category: Market Commentary, Technical Analysis
All of you who have been wishing you sold some stocks earlier, who have been waiting for an opportunity to get out at a higher price, who have been whipsawed by recent market action, today ...
Posted by Greg Feirman  ·  No Comments »

Three Companies This Week Told Us The US Economy Is Weak

April 24, 2008  ·  Category: Macro Economics, Stocks
US economic activity deterioriated more rapidly than expected during the quarter. - Scott Davis, Chairman and CEO, UPS We see no signs of economic strengthening in the second quarter. - Kurt Kuehn, CFO, UPS Contributing to the softness in ...
Posted by Greg Feirman  ·  No Comments »

Apple Hits It Out Of The Park – As Usual – But Investors Don’t Like Guidance

April 23, 2008  ·  Category: Market Commentary, Stocks
Reading Apple's (AAPL) financial reports is sick.  It's like looking at those comic book superheroes with monstrous muscles and tiny waists.  It's unreal. In the just completed quarter, Apple had revenues of $7.5 billion - up ...
Posted by Greg Feirman  ·  No Comments »

Freeport Valuation Bloated Here

April 23, 2008  ·  Category: Commodities, Stocks
Freeport McMoran (FCX), the largest publicly traded copper company, reported 1st quarter earnings this morning before the open.  The numbers were good: revenues up 24%, operating income up 62% and net income up 81%.  That's ...
Posted by Greg Feirman  ·  No Comments »

A Lot Of Bullishness On Apple Heading Into Earnings

April 22, 2008  ·  Category: Market Commentary, Sentiment Analysis, Stocks
We are concerned that expectations may be too high with the stock rebounding over 45% in recent weeks. ...... Recall that in only the past year, Apple stock has been below $100, more than doubled to above ...
Posted by Greg Feirman  ·  No Comments »

How To Invest For Income Today

April 21, 2008  ·  Category: Income Investing
US treasuries are "the most overvalued asset in the world, bar none [and] don't make any sense relative to inflationary expectations down the road." - Bill Gross, Portfolio Manager, PIMCO Total Return Bond Fund, the largest bond ...
Posted by Greg Feirman  ·  No Comments »

Chinese Stock Market Cracks

April 21, 2008  ·  Category: China, Sentiment Analysis
The Wall Street Journal ran an interesting front page article this weekend on the Chinese stock market, "China Stocks, Once Frothy, Fall By Half In Six Months" (subscription required).  The chart tells the story: Shanghai ...
Posted by Greg Feirman  ·  No Comments »

Monster Rally – S&P Up 10% In Five Weeks

April 18, 2008  ·  Category: Market Commentary, Sentiment Analysis, Technical Analysis
Wow.  Yowza.  Is the stock market cool or what?  I mean if you like ideas, if you like psychology, if you like money and people and games, how can you not love the stock market? Let's ...
Posted by Greg Feirman  ·  No Comments »

You Know I Don’t Play Bad Baby!

April 17, 2008  ·  Category: Market Commentary, Options, Stocks
Well, well, well, whatdyaknow: Google beat analyst expectations (GOOG Earnings Release) and the stock, weighed down by fear and pessimism, is borne again.  Google lovers must be feeling like they've been touched by the holy ghost because they ...
Posted by Greg Feirman  ·  No Comments »

Getting Ready For Google

April 17, 2008  ·  Category: Market Commentary, Options, Sentiment Analysis, Stocks
With no clear indication of which way revenues are trending, this is a tough quarter to trade. - Jason Helfstein, Analyst, Oppenheimer The uncertainty surrounding Google's forthcoming 1st quarter earnings report is incredible.  Are they going to ...
Posted by Greg Feirman  ·  No Comments »