4 weeks ago (Tue 4/9, “Back to Reality – Earnings Season Kicks Off”), I was skeptical that markets could power through what looked to be an upcoming disappointing earnings season. I quoted E.S. Browning from the Wall Street Journal that…
The S&P 500 closed today at 1502 – the first time it’s closed above 1500 since Sept 7, 2000. The all-time closing high for the S&P 500 of 1527.46 on March 24, 2000 seems destined to fall. Dow 13,000. Now…
Jones Soda (JSDA), a stock whose story I told a couple weeks ago, reported disappointing earnings after the close today (Thu 5/3). The stock was down $4.20, 16.6%, in the after hours to around $21. That’s down about $10.50, or…
David Gaffen over at the WSJ’s MarketBeat blog has a nice little post on the case for big caps right now. He gave five reasons why Big Caps might outperform Small Caps going forward: (1) Sluggish Growth – small caps are…
An interesting little post (subscription required – ???) over at the WSJ’s Deal Journal blog: Trading [in Dow Jones options] was particularly heavy April 17 – the day we’re told the approach from Murdoch was made – and last Wednesday,…
For the 1st quarter Blockbuster reported a net loss of $49.2 million compared to $4.7 million in last year’s 1st quarter. Gross margins decreased 480 basis points to 51.7% from 56.5% in last year’s first quarter. So, predictably, the stock…
Tonight at 6:30pm PST (to be shown on TNT), in Dallas, TX, the 8th seeded, perennial underdog Golden State Warriors (from Oakland, CA) stand on the precipice of perhaps the greatest upset in NBA history when they take on 1st…
I did want to follow up on my post about preliminary 1st quarter 2007 Real GDP which the Commerce Department reported as 1.3% before the open last Friday. To answer my question, “Does The Economy Matter?”, the answer, at least…
After rallying as much as 40 points earlier in the day, the Dow went into free fall in the last 2 hours of trading today losing about 90 points in that time. My sense is that this was just people…
I believe that in years to come historians will see the beginning of the twenty first century as the ‘golden age’ of real estate. And I want to persuade you to take advantage of this historic opportunity. David Lereah, Are…