A Rally in Stocks Next Week? I’m Feeling It

| Leave a Comment

I came across a good breakdown of the stimulus bill before the Senate. It’s from US News and World Report. In light of some of the reporting… Read more

Read more

What a Game! Politickin’ the Stimulus Bill; Reader Mail

| Leave a Comment

That was one of the best Super Bowl games we’ve seen in a long time. There were some costly penalties on both sides of the ball, but in the… Read more

Read more

A “blunter” approach to China; Will GDP get “worser”?

| Leave a Comment

*****Q4 GDP numbers are out today. The U.S. economy shrank at a 3.8% annual rate. Sounds bad. But it wasn’t as bad as economists were expecting. They were looking… Read more

Read more

Slogging Through; Foxes in the Henhouse

| Leave a Comment

Here’s a quote that sums up the way stocks have been trading better than anything else I have read. It’s from Diane de Vries Ashley, who’s a managing partner at… Read more

Read more

Q4 Earnings on Steel: AKS, NU, X + Bank Nationalization

| Leave a Comment

It seems we’re getting just enough decent earnings reports to keep things interesting. And of all the unlikely suspects, US Steel (NYSE:X) is near the top of the list. 

The Lost Decade, American Style?

| Leave a Comment

Housing prices fell as much as 18% in November 2008 when compared to the year-earlier period. Consumer confidence registered a 40-year low. Influential NYU economics professor Nouriel Roubini says… Read more

Read more

Brother, can you spend a dime?

| Leave a Comment

Caterpillar (NYSE:CAT) missed earnings expectations and announced 5,000 job cuts. Home Depot (NYSE:HD) is cutting 7,000 jobs. And Sprint (NYSE:S) plans to ax 8,000 employees. And yet stocks are… Read more

Read more

Dividend cut at GE?

| Leave a Comment

They say what doesn’t kill you makes you stronger. I keep that in mind as I watch the Dow Industrials repeatedly test the 8,000 support level. 
We’ve watched buyers continue… Read more

Read more

IBM, AAPL Beat Earnings, MSFT Misses and USO

| Leave a Comment

 
Once again, the buyers have stepped in at obvious support levels and sent stocks higher. We’ve identified support for the Dow Industrials at around 8,000. And while the index… Read more

Read more
To top