Good morning everyone – welcome to the final day of this trading week where we find stock future showing a slight downside bias…The S&Ps are three points below fair value…(Read More)
Monthly Archives: September 2007
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Play Schaeffer’s New Addictive Game: Stockdoku
Addicted to Sudoku or crossword puzzles? Then you’ll love Schaeffer’s Stockdoku. It’s Sudoku with a stock market twist!..(Play the Game Now)
Daily Wrap-up – The Best Close Since Mid-July
While “technically true” the title above may suggest a bit more significance than the day really carries…(Read More)
Today’s Leading/Lagging Exchange Traded Funds
Here’s a look at today’s top and bottom performing Exchange Traded Funds (ETFs)… We head toward the close with a slight upside bias…(Read More)
TASER International, Inc (TASR) – The Longer-Term View
I was just scanning through the news headlines and noticed this article on TASER International, Inc (TASR) that says the company “has never lost a product liability lawsuit.” Given that is a major concern that is always brought up I thought that was an interesting factoid…(Read More)
Midday Market Check – A ‘Boring’ Rally
We head deeper into the second half of the session with a “boring rally” on our hands…Last night I talked about the consolidation that has been in place since the Fed-induced pop and that “boring” action is continuing today, at least in the broad market indices…(Read More)
Starbucks Corporation (SBUX) – The Tip of the Iceberg?
One of the stocks from today’s upgrades and downgrades list that is worth noting is Starbucks Corporation (SBUX)…(Read More)
A Look at Jabil Circuit, Inc. (JBL) Ahead of Earnings
According to the firm’s website, Jabil Circuit, Inc. (JBL) is scheduled to report earnings after the close tonight…(Read More)
At the Open – A Widespread Bias to the Upside
The opening bell has rung and here is what I see…It is still very early in the session but we have a widespread, albeit mostly mild, upside bias…(Read More)
The! Biggest! News! of! the! Day! – Not GDP, Bear Stearns, Google, or KB Home
Here are some of the contenders for today’s biggest…news…of…the…day… The final estimate for GDP that showed “growth accelerated in the second quarter to the fastest pace in more than a year”…Rumors that Warren Buffett may be looking to invest in Bear Stearns (BSC)…A hiring binge at Google (GOOG)…Continued chatter that Microsoft (MSFT) may be close to making an investment in Facebook…Earnings from KB Home (KBH)…Turmoil over the buyout deal for Sallie Mae (SLM)…A look at the financials by Herb Greenberg…Word that online business networking site LinkedIn is adding photos…[note - what do you think, should I add my photo of "old Nick" to my LinkedIn Profile?]While those are all stories worth watching, I think it is obviously clear that the biggest story is this – Wave of surfers drawn to fictitious English beach…according to the article, “Thousands of online visitors have been drawn to an English beach by pictures of turquoise seas, golden sands and palm trees, but risk disappointment as it is only a virtual surfers’ paradise”…Perhaps the best part of the story is that the site actually encourages tourists looking for the beach to ask the locals – “It should be noted that there is a private joke in Cornwall whereby locals will pretend not to know where Porthemmet Beach is…(Read More)
Upgrades and Downgrades – SiRF Technology, Wal-Mart, Starbucks
We head toward the bell with stock futures pushing back toward their highs of the overnight session…the S&Ps are 5 points above fair value…gold is up 4.30…Here are a few of the analyst upgrades and downgrades that I thought were worth noting this morning…Upgrades EchoStar (DISH) Magna (MGA) Rightnow Tech (RNOW) SiRF Technology (SIRF) Wal-Mart (WMT)Downgrades Fluor (FLR) Gamestop (GME) Healthways (HWAY) PetroChina (PTR) Starbucks (SBUX) Statoil ASA (STO)…(Read More)