Energy
Despite better than expected corporate earnings last week the Dow gave up all gains for the week on Friday losing 100 points on the week. This week’s key earnings reports are from: IBM, Texas Instruments, Johnson & Johnson, Apple, Yahoo!, Coca-Cola, Untied Technologies, Wells Fargo, eBay, 3M, AT&T, Caterpillar, Travelers, Amazon.com, American Express, Microsoft, and [...]
Investors should take notice that March 31, 2010 is a key date for the global financial markets for three reasons:
March 31st marks the end of the quarter for all mutual funds, hedge funds, professional money managers and any other financial institution who manage money. Since the S&P 500 advanced by approximately 5% for the quarter [...]
She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008. Her argument is that banks are ill prepared for an unemployment rate of 10%.
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]
This morning Bear Market Boot Camp will cover the shares of six companies. The fact that low quality financials are dominating the volume on the NYSE is not a good sign. On Monday and Tuesday of this week four financial companies generated 40% of the volume on the NYSE. They were Citigroup, Bank of America, [...]
Dow stocks down yesterday, Only KO and PFE were up nominally. Biggest loser was Alcoa, which was down 6%.
The Producer Price Index (PPI) was released this morning and came in below the estimates. According to the latest data the PPI was down by a record 6.8 percent lower in July. They had been forecast to [...]
Generally when a crash occurs or the market goes over a cliff the recovery period lasts at least 30 months. After crashing in 1929 the market actually hit the bottom in 1932, which was 32 months after the crash began. After the crash of the NASDAQ began in March of 2000 it took 30 months [...]
Dow up 195 points on the best consumer confidence data since 2003. The best since 2003. and only Dow stocks down. Leaders AA, HD and all up by more than 4%. traded down to as low as $1.12, rebounded to above $1.80 and closed at $1.44. GM current shareholders to get 1% of company.
As the industry thrives, investors fear earnings will stall if mortgage rates rise
By David Henry in New York
BusinessWeek
February 2, 2004
Rodney Dangerfield would understand. After a year when homebuilders saw their stocks double in price, they still feel they don’t get no respect. Twelve of the biggest outfits have even banded together to form [...]
If you think the popular performance metric, cash from operations, is the last bastion of financial integrity–think again.
By Elizabeth MacDonald
Forbes
December 8, 2003
Cash is king,” say investors scalded by accounting scandals and corporate bankruptcies. More to the point, cash from operations, a figure found on the flow-of-funds page right after the profit and loss statement, [...]