Kryptonite Caused GE’s Miss
The sub-prime problem is Kryptonite to GE. I’ll get to that in a minute, but before I do, a brief review. Last week, I questioned...
Surprise: Gee! No, G.E.
So much for the theory that because there weren’t a lot of profit warnings, earnings will be hunky dory. Just back from a morning...
How Cheap Are Stocks ?
One of our intermediate concerns about equities involves valuations. While we recently made a short term buy call, that is merely a trade...
Profit Projections
Source:Pepper … and SaltApril 2, 2008; Page A14http://online.wsj.com/article/SB120709975061882223.html
How Will Q1 Earnings Compare To Q4?
After Monday’s NYSE close, Alcoa (A) reported a 54% earnings miss, blaming soaring energy costs and the weak dollar, reporting .37...
5 Reasons Why Bank Stocks Have Not Bottomed
Merrill Lynch says that they (ML) are through the worst of the credit crisis. RBC Capital Markets believes that whether that is the case...
FT: John Authers on Q1 Earnings
Authers notes (like us) there is still way too much optimism on Earnings growth; Even ex-financials, expectations are for double...
Crude Oil = $108
Crude futures moved further into uncharted territory, with oil gaining momentum in defiance of a decline in other commodities. Light,...
The John McCain Market Selloff
Ever since the Primary on Tuesday, the market’s have aggressively sold off. This clearly indicates the equity market’s fear...
S&P500 Earnings for 2007: Down -4.2%
At the beginning of 2007, the S&P500 was over 1,400, the Dow was just under 12,500, and the Nasdaq was about 2,500. Stocks, according...