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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…
Intel 2Q Solid As Usual
Reading Time: 2 minutesIntel had another strong quarter with revenue at the high end of expectations and earnings up substantially year over year. As we enter the second half, demand remains strong for our microprocessor and chipset products in all segments and all…
Sell Calls, Play Defense
Reading Time: 4 minutesThere is an article on the front page of today’s WSJ Business & Finance section about how investors are buying calls in record volumes – and paying up for them (“The Bull Market Is Just Getting Started, Traders Bet” [SUBSCRIPTION…
ABNB Is Just The Latest Important Stock To Get Hit On Earnings This Week
Reading Time: 4 minutesAir BnB (ABNB) reported 1Q24 earnings Wednesday afternoon and is currently set to get hit hard in Thursday’s session. Weak 2Q24 guidance of revenue +8% to +10% and Adjusted EBITDA of flat to up appears to be the culprit. But…
Back To Reality – Earnings Season Kicks Off
Reading Time: 3 minutesWriting in today’s Wall Street Journal E.S. Browning said (subscription required): Whether, and how, the [forthcoming 1st quarter] profit news surprises investors is likely to be the main determinant of the market’s direction in the next few weeks. Finally we can…
Four Must Read Front Page Wall Street Journal Articles for a Bear(Stearns) Market
Reading Time: 10 minutesMake no mistake: this week, as last week, is all about the blow up of the two Bear Stearns hedge funds heavily invested in subprime mortgage backed securities. And The Wall Street Journal, as usual, is to be commended for…
