Monthly Archives: March 2012

Mar31

This data should bode well for Monday, China's PMI surprised significantly to the upside and varies quite significantly from the flash numbers seen about a week ago.  Keep in mind there are 2 sets of PMI's in China; the official number covers larger…

Mar30

Oh the dreaded Friday afternoon press release – the place companies go to tell you things they hope you will forget by Monday!  Groupon (GRPN) just dropped a nice anvil on investors with a restatement of the previous quarter by…

Mar30

An interesting session despite the mixed and "quiet" tape.  The S&P 500 regained that 1404 level that was a weekly high from 2008, and sits over the 1405 10 day moving average.  But most of the leaders of the past few months…

Mar30

I have to say I was quite shocked by the performance of Red Hat (RHT) yesterday, up some 20% on a small earnings beat and modest increase in guidance in the conference call.  Perhaps it was the dearth of names…

Mar30

Often one wonders how this market would fare if Apple (AAPL) was not joining the party – today is a good example.  The stock has been weak from the get go, and is now down 2% taking the NASDAQ down…