Investing
Pawns in a Rich Man’s Game
Bespoke Investment Group is reporting that 10% of U.S. corporations are raising earnings expectations, compared to 4.1% that are lowering them. That’s the largest gap on record, and suggests… Read more
Dumb Luck?
My Washington DC office has been vacant all week. It’s amazing to me that record snowfalls have turned my DC staff into shut-ins (and closed the government for… Read more
TradeMaster Jason Cimpl does it again
I expect the recent volatility is on readers’ minds, so let’s get right to TradeMaster‘s Jason Cimpl and his outlook:
The bulls did… Read more
The Forecast for 2010: Looks Like Volatility
Wow. Two strong rallies to kick off February. It’s great to see some buying interest after January’s sell-off. But I would caution that 2010 will be more volatile than the final… Read more
When You Hear Hoof Beats…
It sure was nice to see stocks make a nice
move higher yesterday. Especially after I came out yesterday and said
Dow 10,000 and S&P 500 1,071 were support points.
Low Rates to Continue
I managed to catch part of Treasury Secretary Geithner’s testimony yesterday. I actually thought he represented himself pretty well. I can appreciate his stance that AIG really… Read more
Watch ‘Em Squirm
I plan to be unavailable for a few hours, starting around 10 a.m. this morning. I want to hear the members of the New York Fed try and defend their actions… Read more
Today is the Day
On the surface, earnings from IBM (NYSE: IBM) appeared excellent. The technology bellweather posted $3.59 a share in 4th Quarter earnings. That beat analysts’ expectations of $3.47 a share…. Read more
Earnings Season
I heard there’s a new slogan making the rounds in corporate accounting departments. "Flat is the new up." I have to admit, that got a chuckle out of me…. Read more