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Cramer Calls “A Turn In The Economy”
Reading Time: 2 minutesWow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so…
Another Wild One On Wall Street
Reading Time: 1 minuteStocks were up in the morning on the strong report and forecast from Hewlett Packard (HPQ). But they started to sell off in the afternoon as investors digested Freddie Mac’s (FRE) report of a $2 billion loss for the 3rd…
How Jesse Livermore Timed The Market In 1916 – And Its Relevance Today
Reading Time: 13 minutesIn my opinion the greatest book ever written on trading is Reminiscences of a Stock Operator (1923) by Edwin Lefevre. Reminiscences tells the story of Jesse Livermore – by most accounts the greatest trader of all time – under the…
Taser (TASR): Expensive, Over-Loved and Cruising for a Bruising
Reading Time: 4 minutesFrom time to time I’ll write a little report on a stock to keep a record of my own thinking. I just finished one on Taser (TASR) which reports 2nd quarter earnings before the open on Monday (7/23). I thought…
META-Physics
Reading Time: 2 minutesMeta (META) reported a better than expected 4Q22 after the close Wednesday. Revenue was off only 4% compared to a year ago – with many concerned it would be a lot worse. In addition, META continues to tighten up its…
Front Page WSJ: “Too Much Hope May Be Pinned On Rate Cut”
Reading Time: 1 minuteOn the front page of today’s The Wall Street Journal an article titled “Too Much Hope May Be Pinned On Rate Cut” (subscription required) nicely lays out the varying views towards the effectiveness Fed rate cuts tomorrow and in the…
