Monthly Archives: March 2012

Mar30

As I mentioned yesterday, we had a reversal in the latter portion of the day just as we saw on Wednesday, but the pattern was more powerful on Thursday.  This is leading to a 'risk on' Friday to close on Q1, but we'll see –…

Mar29

For the second day in a row, we've had a nice swing up to end the day – although today's was more powerful than yesterday's.  After coming within sniffing distance of the 20 day moving average, the S&P 500 is…

Mar29

While I don't agree with every comment in this analyst's letter, it is always good to see both sides of a trade.  I think in part the writer focuses too much on the U.S. market (and capacity) rather than global,…

Mar29

Some mixed economic data out this morning, as jobless claims contiued to fall, now at 4 year lows while Q4 GDP's third revision dropped a bit lower than expected at 3.0% versus 3.2% expected.  That said, the latter is old news. …

Mar28

Red Hat (RHT) is out after the bell with its earning report and from first glance things look very solid.  Estimates were for $291M in revenue and 27 cents in EPS; the company came in at $297M on the top…