Freeze The Rates!!!! And Cut Them!!! WooHoo!!!!
Stock investors seem to like Bush’s plan to freeze the teaser rates on adjustable rate mortgages for a few years to give homeowners a better chance to hang onto their houses (S&P Intraday Chart).
Stock investors seem to like Bush’s plan to freeze the teaser rates on adjustable rate mortgages for a few years to give homeowners a better chance to hang onto their houses (S&P Intraday Chart).
(Via BeSpoke Investment Group)
Nvidia (NVDA) became the third US company in history to exceed $3 trillion on Wednesday – after Apple and Microsoft. It is now the second most valuable company in the US market, surpassing Apple and trailing only Microsoft. NVDA has…
Nvidia (NVDA) just released one of the most anticipated earnings reports I can remember. As expected, the numbers were excellent: Revenue: $22.1 billion; Gross Margin: 76.7%; EPS: $5.16. All of these numbers beat their own guidance as well as Wall…
“The big picture overall trend is still down and the market is still broken. Until that is repaired, rallies (even like the one we saw yesterday) are not to be entirely trusted.” – Charles Kirk, “Calling A Bottom”, Thursday January…
What a week! First it was Walmart (WMT) getting slaughtered on Tuesday. Wednesday it was Target’s (TGT) turn. And now Cisco (CSCO) appears to be next up for the firing squad on Thursday. CSCO’s revenue came in weak with no…
The big story today is the potential collapse of the LBO of Clear Channel Communications (CCU), the nation’s largest radio station owner (“Major Buyout Deal Is Close To Collapse” (subscription required), The Wall Street Journal, Wednesday March 26, A1). Private…