Stock Market, Economics, Equity Analysis
Apr25
There really is not much new in the conference call. The bottom line is if things worsen the Fed is prepared to act. Ben told us this today, and Ben told us this 3-4 weeks ago on a Monday morning…
Apr25
Quite a stark change of events – yesterday the Dow was the leader with IBM's stock buyback, Caterpillar's strength, along with the moves up in the telecom giants…while the NASDAQ stunk on the back of Apple. Today the laggard is…
Apr25
The volatility of late reminds one of latter 2011 and periods of 2010, 2009, and 2008. I mentioned this area of 'white noise' between 1370 to 1390. We can even expand that down 10 points to 1360ish as the market…
Apr25
Apple's earnings are obviously lending a hand to almost every asset on earth today – only Apple can fix Spain, at least for a day. All of yesterday's wretched PMI numbers globally are but a memory as long as China…
Apr24
Some winning action in after hours as well, albeit relatively modest with a 2% gain, can be found in Questcor Pharmaceuticals (QCOR) corner. The company just reported a $96M quarter with $.61 EPS (non GAAP), compared to expectations of…