Newsweek Cover: The Recession Is Over

One of the arguments you hear alot these days from bulls is that stocks are cheap.  At a P/E of 17 (based on 2006 earnings) for the S&P 500, stocks just aren’t all that risky, they say.  But this is…

The outperformance of tech over the last 3-4 months is noteworthy (Top Gun first noted it on July 5 “Tech Leads Market”).  A number of prominent tech stocks such as Apple (AAPL), Google (GOOG), Research in Motion (RIMM) and Cisco (CSCO) are…

Leading cruise operating Carnival Cruise Lines (CCL) reported solid fiscal year 3rd quarter earnings this morning.  EPS of $1.33 a share beat their previous guidance of $1.15-$1.19 and they raised their full year forecast from $2.00-$2.10 to $2.16-$2.20.  On a constant…