Markets
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.
Federal Department of Goldman Sachs
The Federal Department of Goldman Sachs (NYSE: GS) beat earnings expectations with a $4.79 billion profit for the 4th quarter. Goldman has strong gains in its investment banking division, which handles stock… Read more
Bearish on Oil? Don’t Be…
The AP article starts off: Oil prices fell below $78 a barrel Tuesday amid the strengthening dollar and continued doubts about global demand for crude.
If "doubts about global… Read more
Bullish on Earnings
*****Oil is pushing past $83 a barrel after China reported a 21% increase in oil imports during the fourth quarter. That’s a huge jump, and serves as a perfect… Read more
Earnings Season Outlook
So far today stocks are shrugging off the somewhat disappointing non-farm payrolls number. The U.S. lost another 85,000 jobs in December. The employment picture remains bleak, but there is… 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