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 [...]
The stock market ended last week on a sour note, down over 2.5% on Friday. The downward action of the major indices was disappointing especially after (1) Intel reported one of its best quarters in the last decade earlier in the week, (2) Goldman Sachs reached a much better than expected settlement with the SEC [...]
Energy
This week’s US stock market rebound anticipates better than expected earnings as second quarter results begin next week. The consumer continues to pull back on borrowing with declines of $9.1 billion in May and $14.9 billion in April. Consumer borrowing has declined in 15 the past 16 months. Exxon Mobil (XOM) and BP (BP) are [...]
The news from Europe on early Monday morning will enable the Euro, oil, commodities and the U.S. stock market to retrace about 50% of their moves down over the last 4 days. Also gold will be under pressure. The news will slow the slide in the Euro down meaning that it will take longer for it [...]
Yesterday (May 4, 2010), a day in which the Dow Jones Industrials declined by over 200 points, the shares of Global Investor Services, Inc., (OTCBB:GISV) gained by over 40% and closed at $.05.
Global, in 2009 underwent a significant surgery that it was lucky to survive. The company scrapped its high overhead and low gross profit [...]
The Dow Jones is down over 260 points today after it increased by 150 points yesterday? Today’s decline is due to the Euro’s inability to rally against the U.S. Dollar on the news that the European Community’s central bankers and economic ministers over the past weekend came up with a solution to prevent a debt [...]
The post crash party is over for the world equities, debt and commodities markets as all countries and regions of the world will have to make adjustments to the rising U.S. Dollar and collapsing Euro and the European economy.
Yesterday on April 27th the Dow Industrials Composite Index plummeted by over 213 points to back below [...]
I have been watching the market and had been preparing something to write on the Froth and Fluff in the market. That Goldman Sachs is being sued by the U.S. Securities & Exchange Commission with civil fraud trumps those concerns.
However, let me first comment on the Froth and Fluff because the major U.S. stock market [...]
Written by Richard Suttmeier on
July 19, 2010 – 8:06 am
