While The Spanish Suffer Under Austerity, Their King Spends $60,000 Shooting...
Spain is in a bad way at the moment, with citizens hurting under austerity, huge youth unemployment and falling house prices. It's alright for some, however. King Juan Carlos has recently been spending...
View ArticleCalifornia Home Prices Have Their First Year Over Year Gain In 16 Months
For the first time in 16 months, California home prices have posted a gain on a year-over-year basis, according to a press release from the California Association of Realtors. “While home sales were...
View ArticleHere's Bruce Berkowitz Massive Presentation Making A Bull Case On Bank Of...
Fairholme Capital Management's Bruce Berkowtiz still likes Bank of America even though the stock hammered his fund's returns in 2011. The fund manager recently released a so-called "case study" on the...
View ArticleWhy Tomorrow Is Going To Be Enormous For Corporate Earnings (KO, CSX, GS,...
Earnings season heats up tomorrow, with four Dow components releasing quarterly results. Coca-Cola, IBM, Intel, and Johnson & Johnson are all set to announce how 2012 has started off, and all will...
View ArticleDOW SURGES 130, But Apple Keeps Nasdaq In The Red (SPY, DIA, QQQ, AAPL)
Markets are up today with the with S&P 500 up by 4 points. The Dow is up 126 points, but the Nasdaq remains in the red. Why? Apple. The stock is down by 3.2 percent, and it has been a major drag...
View ArticleBank Of America: The Most Neglected Stocks In The S&P 500
Bank of America Merrill Lynch's Equity and Quant Strategy team is out with its latest Active Manager's Holdings Update report. They include list of S&P 500 stocks that are either overowned or...
View ArticleWe Can't Wait To See Earnings Tomorrow From This Crucial Economic Bellweather...
Rail giant CSX Corp. will report quarterly results tomorrow after the market closes, with expectations for earnings per share of $0.38 on revenue of $2.9 billion. CSX offers an impressive look at how...
View ArticleMORGAN STANLEY: 7 Reasons Why We're Bearish On Stocks
Morgan Stanley Smith Barney is out with its latest Asset Allocation and Strategy Weekly report to its clients. Adam Parker, Morgan's top U.S. equity strategist, might be the most bearish name on Wall...
View ArticleA Quick Guide To Why Everyone Is Worried Sick Over Spain
Since the burst of its housing bubble in 2007, Spain's economy has been in a downward spiral and could very well become the next Greece. Find out everything you need to know about what's going on in...
View ArticleHere Are The Fed Transcripts That Dylan Ratigan Is About To Release
The Federal Reserve has agreed to make the transcripts of Federal Open Market Committee meetings held between 2007 and 2010 open to the public, pursuant to a Freedom of Information Act request. The...
View ArticleApple Shares Got Demolished More In The Final Few Minutes Of The Day
ORIGINAL POST: Ugly! Apple down over 4%! Really heavy selling in the final moments. This is the low of the day. As for why? Street Insider posts 5 theories for what's up, but nothing's that compelling....
View ArticleDOW RALLIES, APPLE AND GOOGLE TANK: Here's What You Need To Know (DIA, SPY,...
Apple fell. First the scoreboard: Dow: 12,921.4, +71.8, +0.5%S&P 500: 1,369.5, -0.6, -0.0%NASDAQ: 2,988.4, -22.9, -0.7% And now the top stories: Spanish borrowing costs continued to surge higher,...
View ArticleRIM Hires Bankers -- It Might Be Ready To Sell Itself (RIMM)
Research In Motion has hired bankers to "weigh strategic options," Bloomberg reports. It seems like that's all RIM does nowadays. We don't know what it means, but the stock shot up 4% on the news, so...
View ArticleHere's The Really Good News From Apple's Big Selloff (AAPL, GOOG, SPY)
So by now you know that Apple got slammed today, dropping over 4%. And it was Apple's 5th straight down day, and the stock's been badly undeperforming the broader market. Oh, and it's not just Apple,...
View ArticleJIM O'NEILL: Everyone Overlooked One 'Especially Encouraging' Data Point In...
Earlier this month we learned that China grew at an 8.1 percent rate in the first quarter, down sharply from the 8.9 percent rate in the previous quarter. Even worse, economists were looking for the...
View ArticleWhat To Expect From Goldman Sachs' Huge Earnings Announcement Tomorrow (GS)
Carrying on a week chock full of important earnings announcements, Goldman Sachs is expected to report its first quarter earnings result tomorrow at 8 am. Analysts polled by Bloomberg are expecting...
View ArticleHere's Why Yellen And Geithner Are Giving Opposite Views Of The Economy
This post was originally published at Bruce Krasting's blog, My Take on Financial Events. Janet Yellen, Bernanke's soul mate (and mouthpiece) spoke last week. She argued that the Federal Reserve's Zero...
View ArticleHere Are The Key Market Moving Events For Tuesday, April 17, 2012 (CMA, MMR,...
Earnings season heats up in the U.S., with markets firmly focused on results out of Goldman Sachs, IBM, Johnson & Johnson, Intel and Coca-Cola. Macro data from Japan, Germany, and the U.S. will...
View ArticleThe Dow's Exclusion Of Apple Is EXACTLY What Makes It Great (DIA, AAPL)
Something unusual happened today. The Dow Jones Industrial Average climbed 0.6 percent, the S&P 500 was flat, and the Nasdaq Composite fell 0.8 percent. Why the discrepancy? Apple (and Google to a...
View ArticleThe Rally Has Hit A Brick Wall In Asia
The Dow rally is (at least so far) not carrying forth in Asia. After initial gains, both Korea and Japan are now lower. Here's a look at the Nikkei, which has quickly gone negative. Please follow Money...
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