Markets
Earnings Expectations and Toxic Assets
Stocks have marched steadily higher since March 9. The first 10 days or so of the rally was a mad dash, which is how recovery rallies behave. But since… Read more
Builders PHM, CTX, HOV in the News
The saga continues for the homebuilders. Last week, we saw the first steps toward consolidation in this sector when Pulte Homes (NYSE:PHM) bought out Centex (NYSE:CTX). … Read more
Oil Steady Around $50 a Barrel: Economic Bellwether
I hate to keep talking oil here, but the sticky stuff is a great proxy for… Read more
Financials Lead
Thank you, Wells Fargo. The S&P 500 ramped nearly 4% on Friday as Wells Fargo … Read more
GHM Up 11%; AA Reports Earnings; Oil Drives Up Alternative Energy
I sure hope Daily Profit readers bought some shares of Graham Corp (AMEX:GHM) … Read more
Earning Season Starts with AA, BBBY, and CVX
Time flies. Seems like earnings season just ended and yet here we are again. But … Read more
HOV and GHM still in the green
Unemployment numbers continue to rise, but investors are more focused on the hope … Read more
GM Bankruptcy; HOV in the Green; RGLD, MYGN, NFLX Best Picks
Even before they’ve had the chance to present a third (or is it fourth?) … Read more