With no clear indication of which way revenues are trending, this is a tough quarter to trade. – Jason Helfstein, Analyst, Oppenheimer The uncertainty surrounding Google’s forthcoming 1st quarter earnings report is incredible. Are they going to meet? Will they…
…..that the market is driven by perception rather than fact, today is a good day for you to pay attention. That’s because a few mediocre earnings reports have led to a big rally as investors interpret them to mean that perhaps the worst is…
Earnings season got underway for real with Intel’s (INTC) report after the close today. They reported $9.7 billion in revenues, a 9% increase compared to the year ago period, and earnings of 25 cents per share – both in line…
Last week I wrote a post on John Paulson, the man of the moment on Wall Street for his massively profitable returns shorting subprime mortgage backed securities. Over the weekend, Barron’s wrote an article on top hedge fund performers including…
….. this is the biggest, most overt miss we can recall in 16+ years of coverage. – Jeffrey Sprague, Analyst, Citigroup It is shocking to us how weak results were across the portfolio. We’d have never expected that NBC Universal profit…
Thus, the process by which a disparate perception, when correct, became consensus would almost inevitably lead to meaningful profit. – Michael Steinhardt, No Bull! (2001), pg. 129 Scottrade put up our client statements for March on Tuesday and I crunched…
On Tuesday, Top Gun got 1000 unique sessions for the first time (Top Gun Sessions Chart)! Hoo-ray!
The semiconductors are viewed as being tied to the economy as a whole. – Kim Caughey, Senior Investment Analyst, Fort Pitt Capital Group Another piece of news that caught my attention yesterday was Advanced Micro Device’s (AMD), the semiconductor company,…
The US economy has continued to weaken, causing a reduction in domestic package volume and a shift away from premium products. – UPS Press Release, April 8 The piece of news that most caught my attention today was UPS (UPS), the delivery…
Given the uncertainty on how the economic downturn will ultimately impact profits, investors have decided to sit on their hands and take a wait and see attitude. – Jack Ablin, Chief Investment Officer, Harris Private Bank In today’s linkfest, Kirk’s top…