Yes, we all get excited when an Amazon.com scorches their earnings forecast or when an Apple Inc. Suge Knights the whole sell-side with a massive beat, but should that enthusiasm really spread to other stocks? One of the dangers of extrapolating the good earnings reports out of Apple, Amazon or Intel is that in reality,…
Intel
Hot Links: Ice-T Versus a Mac Laptop
[vodpod id=Groupvideo.3717525&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Stuff I’m Reading this Morning… Here’s how nerdy Intel execs propose to their girlfriends. (LATimes) I’m sorry to hear about Fortune Mag cuting back on frequency of issues, one of the few good print ones left. (WSJ) Schwab strategist Liz Ann Sonders says buy the dips. (SmartMoney) Damien Hoffman: Is Wall Street Ready…
Remember the Last Time Intel Reported?
All eyes are on Intel (INTC) this evening as the company is one of the first bellweather names to report earnings. The last time Intel reported, on July 14th, the NASDAQ exploded, with a gap up and 3.5% gain for the composite the following day. Nothing in last month’s report means anything as far as forecasting…
Market Recap: Hot Hospitals & Goldman's Lyin' Eyes
[vodpod id=ExternalVideo.810392&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA The Iron Condor, here with today’s Market Recap… The double and triple-long bank crowd may have stayed one day too late as the financials took a breather, with the KBW Bank Index (BKX) off over 6.5% on the day. Maybe the enthusiasm for the group waned on the heels of Goldman‘s…
Your Oil Stocks Aren't Coming Back, Chulo
Remember when Intel (INTC), Microsoft (MSFT), Dell (DELL), Lucent (ALU), Yahoo (YHOO) and Cisco (CSCO) ruled the markets? There was an era, roughly 1997 to 2000 when those stocks actually mattered. They were important companies doing big things in terms of providing the technology needed for the next century’s communications and internet build-out. And then,…
New Dow Jones Industrial Average Candidates?
As of this writing, there are 4 stocks in the Dow Jones Industrial Average that are trading under $10 per share (and several others that are close): Citigroup (C) Bank of America (BAC) General Motors (GM) Alcoa (AA) According to Jim Bianco of Bianco Research: “Dow Jones, the keeper of the DJIA, has an unwritten…
