Amazon is up almost $7, more than 7%, on huge volume before it reports earnings after the close today (AMZN 10 Day Chart). Investors seem cheered by good reports from Apple and Google and are expecting more of the same…
“The strong reports from technology are certainly helping.” – Tony Dwyer (subscription required), Equity Market Strategist, FTN Midwest Research “A lot of things are calling into question the strength of the economy.” – Todd Clark (subscription required), Director of Trading, Nollenberger Capital…
What you have to understand about Apple (AAPL) is that they don’t sell iPods, Macs and iPhones: they sell Apple products. And Apple is hot!!!!! What do I mean? Apple became relevant again with the introduction of the iPod. But…
“Apple, Google, Amazon have all had big moves. But if Apple misses tonight, the party’s over.” – Peter Boockvar (subscription required), Miller Tabak It looks like a pretty slow day. While fires rage in Southern California and Turkey announcing that it…
We expect 2008 to be the sixth consecutive year of sales and revenues growth, despite a US economy near to, or even in, recession. Many US industries important to our sales are in recession [prominently housing]. – Caterpillar 3rd Quarter…
(In conjunction with this post, also read the one from last week on Winnebago, especially the quote from Ron Muhlenkamp at the top). As expected, since they preannounced weak results in early September, Harley Davidson (HOG) reported a weak 3rd…
After reviewing Google’s 3rd quarter earnings report (3Q Earnings Release) it looks like pretty much an in line quarter. Revenue after Traffic Acquisition Costs (TAC) was $3.01 billion – analysts were looking for $2.94 billion according to Yahoo! Net Income,…
Google (GOOG) will be reporting 3rd quarter earnings after the close today and all eyes will be on them. Along with Goldman Sachs (GS), Google is probably the most important stock in the stock market. It’s not only a huge…
After the close yesterday, one of the biggest, most important and still beloved tech stocks, Intel (INTC), king of the semiconductors, reported what can only be described as an excellent quarter (3Q Press Release). The most impressive number in my…
“SIVs now find themselves in the eye of the storm.” – Citigroup Research Report (subscription required) “In other words, Citigroup is setting up a fund to buy assets from itself.” – Mike Shedlock, “Super SIVs – A Fraudulent Attempt At Concealment”,…