On the back of Google’s superb earnings report after the close yesterday, the market has taken off. The Dow has powered through 12900 for the first time in its history, up 124 points with an hour and a half left…
After today’s excellent earning’s report, Google (NASDAQ: GOOG) finally looks poised to breakthrough $500 and settle above that level. Google has flirted with $500, closing above it 3 times around last Thanksgiving and twice this January but has been been…
Back in the day at UC San Diego, Vishesh Kumar and I would argue philosophy. We met in a class on Phenomenology (Husserl, Heidegger, etc…). He was a fan of Nietzsche and Schopenhauer and an opponent of “rationalism” and “scientism”; I…
The S&P 500 closed today up 15 to 1468, marking a 6 1/2 year high. That’s 8 points higher than the most recent high close of 1460 on Tuesday February 20 – the week before the huge sell-off of February 27. To say…
One of today’s best performers was a stock by the name of Jones Soda (NSDQ: JSDA) – up $3.32 or 11.76% to $31.54 on huge volume. It’s just the latest of many off the chart days for Jones Soda recently. …
Writing 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…
The three phases of a bull market: “Phase one is the rebound from the depressed conditions of the previous bear market. Here stocks return to known values. In the second and longest phase, shares advance in recognition of improving business and…
” … They can’t say what they really think. The Fed knows how important confidence is, and they do not want to do anything to discourage consumer sentiment or spook the psychology of the markets.” – Barry Ritholtz, “FOMC Statement,…
Today was an interesting day in the markets. The key event was the release at 10am EST by the Commerce Department of the report for February New Home Sales. The report said that new homes sold at a seasonally adjusted…
S&P 500 (black line) and $/Yen (orange line), December 27 2006 – March 26 2007