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Whole Foods Hammered Today (Tue Aug 1) – Down Almost 12% on Heavy Volume
Reading Time: 2 minutesWhole Foods (NASDAQ: WFMI) was down $6.76, or 11.75%, today on extremely heavy volume – 16 million of the 140.712 million outstanding shares amounting to 11.4% of the company changed hands today. That knocked another $500 million off the company’s…
Two Must Read WSJ Articles On The Bond Insurers And Credit Default Swaps (CDSs)
Reading Time: 2 minutesOn the last day of 2007 I wrote a post titled “CDSs: What Everybody Will Be Talking About In 2008”. And that seems to be coming to fruition. As I wrote yesterday (Thursday), in a post summarizing the markets action…
Never Mind That Correction – Market Powers Higher Despite Growing Concerns
Reading Time: 3 minutesThe S&P 500 closed today up 15 to 1468, marking a 6 1/2 year high. That’s 8 points higher than the most recent high close of 1460 on Tuesday February 20 – the week before the huge sell-off of February 27. To say…
2 GARP Stocks To Buy Ahead Of Earnings Next Week
Reading Time: 5 minutesWhile next week is a short week due to the Thanksgiving holiday, there are two GARP stocks reporting earnings that are presenting a nice opportunity. GARP is a term popularized by Peter Lynch and stands for Growth At a Reasonable…
Inflation Watch: PG & KMB To Raise Prices, Precious Metals & Miners Surging, Tobacco Stocks Face Regulatory Risk
Reading Time: 7 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Legendary Days II: Bluffing My Way Through Life
Reading Time: 7 minutesAfter fending off the depression from having my right wrist put in a cast last Thursday morning due to damage to my TFCC tendon that I injured lifting weights, I have returned to my nefarious ways. After placing 14th out…


