Today’s report shows that we are in a crisis situation. – NAHB Chairman Sandy Dunn When I heard Diana Olick report this number on CNBC a few minutes ago I had to chuckle. You have to realize that a number…
GM’s shares are trading just above $10 a share this afternoon. According to the WSJ’s David Gaffen, GM shares haven’t traded below $10 a share since September 1954. Now that’s something you don’t see every day! Yesterday, GM rallied on…
Monday’s trading session was a yawner with the S&P +0.09%, the NASDAQ +0.07% and the Russell +0.23%. Tomorrow is likely to be different as the real action was after the close when PayPal (PYPL) reported 3Q earnings. A $268 billion…
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I don’t want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year. Our future is not as bright as we would like it to be. – D.R. Horton CEO Donald Tomnitz,…
While the major indexes were only down moderately Wednesday with the S&P -0.26% and NASDAQ -0.33%, things were much worse beneath the surface. NYSE + NASDAQ Advancers to Decliners was 2,588 / 5,426. That is, there were about 2 Decliners…
