Commodities
Stocks React to Q2 GDP Numbers?
Today was the big one. Say what you want about yesterday’s rally, the reaction to this morning’s 2Q GDP number should be expected to influence trading going forward.
Now, I’m… Read more
More Correction Talk
Stocks have traded in a pretty tight range over the last several sessions. There’s been an appearance of weakness, and some comments from talking heads that a correction is… Read more
Chinese Stocks Drop 5% Overnight
With the exception of the Nasdaq, the major indices finished yesterday with slight losses. And it looks like an even money bet whether they’ll finish in the red today…. Read more
Outlook for Company Profits Questionable for Remainder of 2009
The steady march of positive earnings reports continues to move stock prices higher. Except for a select few, revenues aren’t growing. But profits are. That obviously can’t continue, because… Read more
Failures and a Rescue
It was a busy weekend. First and foremost on my mind is the ""almost was" story of Tom Watson at the British Open. I can honestly say I was… Read more
GOOG, GE, and NOK Drop on Earnings Reports
The earnings reports are flooding in. And while this season got off to a pretty good start with Goldman (NYSE:GS) and Intel (Nasdaq:INTC), we’ve seen a few companies come… Read more
JPM Follows on Heels of GS and INTC
That was a terrific rally yesterday. Intel’s (Nasdaq:INTC) earnings truly were a surprise. We’ve now seen the two biggest up days in 6 weeks come on consecutive days. The… Read more
INTC, AMD, TXN Prove Tech is the Sector to Watch
If you’ve ever wondered what it’s like to be Warren Buffett and have more cash than you can spend or invest, just ask China. China just announced that it… Read more
GS, INTC, JPM, GOOG, IBM, GE, BAC All to Report This Week
A few weeks ago, Treasury Secretary Geithner had to go to China to assure our largest creditor that their investment in the U.S. dollar was safe. Now he’s off… Read more