Failures and a Rescue

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It was a busy weekend. First and foremost on my mind is the ""almost was" story of Tom Watson at the British Open. I can honestly say I was… Read more

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GOOG, GE, and NOK Drop on Earnings Reports

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The earnings reports are flooding in. And while this season got off to a pretty good start with Goldman (NYSE:GS) and Intel (Nasdaq:INTC), we’ve seen a few companies come… Read more

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JPM Follows on Heels of GS and INTC

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That was a terrific rally yesterday. Intel’s (Nasdaq:INTC) earnings truly were a surprise. We’ve now seen the two biggest up days in 6 weeks come on consecutive days. The… Read more

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INTC, AMD, TXN Prove Tech is the Sector to Watch

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If you’ve ever wondered what it’s like to be Warren Buffett and have more cash than you can spend or invest, just ask China. China just announced that it… Read more

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Goldman (GS) Beats Analysts Expectations

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The day after the home run derby was held during baseball’s All-Star festivities, it’s probably appropriate that Goldman Sachs (NYSE:GS) hit it one out of the park. 
I’m referring… Read more

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GS, INTC, JPM, GOOG, IBM, GE, BAC All to Report This Week

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A few weeks ago, Treasury Secretary Geithner had to go to China to assure our largest creditor that their investment in the U.S. dollar was safe. Now he’s off… Read more

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Oil Drops Below $60, Weighs on Markets

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Oil dropped below $60 a barrel as consumer confidence came in below expectations. The belief is that when the American consumer is not confident, he or she does not… Read more

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Alcoa (NYSE:AA) An Indicator for Earnings Season?

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Earnings season has begun. Alcoa (NYSE:AA) kicked things off with a report that was better than expected, even though the company lost $454 million in the second quarter. Yes,… Read more

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G-8 Calls for More Stimulus Funds

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Yesterday, Reuters reported that the delinquency rate on credit card debt hit 6.6% in the first quarter of 2009. On mortgage loans, delinquencies hit 3.5%. 
I can virtually guarantee both… Read more

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