[vodpod id=ExternalVideo.830915&w=425&h=350&fv=] The Reformed Broker, AKA Goldie Hawn here with today’s Market Recap… When they write the book on May of 2009, they won’t be talking about General Motors’ (GM) long-overdue bankruptcy, they’ll be talking about the raging, historic rally in commodities. Here’s a quick glimpse at this month’s Silver run (the biggest monthly percentage gain for…
Market Recap
Market Recap: Paper Planes
[youtube=http://www.youtube.com/watch?v=asNbeOBZaTs] The Reformed Broker, AKA Ted Stryker, here with today’s Market Recap… You know it was a snoozer of a day when the most interesting thing can point out was the beating the airline sector took. The latest data on air traffic showed a decline of 3.1 % in April, after an 11.1% decline in…
Market Recap: In The Ayer
[youtube=http://www.youtube.com/watch?v=0fEI2ZHUs6o] The Reformed Broker, AKA Armand Hammer, here with today’s Market Recap… So North Korea tests a nuclear bomb and long range missile and the Case Shiller housing numbers, while backward-looking, are still apocalyptic. How does the market react? EXPLOSION! The Dow was up around 150 to 200 points all day, without any real…
Market Recap: Sunshine Day for Sears
[youtube= http://www.youtube.com/watch?v=c6wTY37EvQI] The Reformed Broker, AKA Sam the Butcher, here with today’s Market Recap… Holders of Sears Holdings (SHLD) can celebrate like the Brady’s today in the above video: “Put on your Sunday best kids, we’re going to Sears!” – Mike Brady The retailer without a purpose came out this morning with an unexpected profit, albeit one…
Market Recap: Today was a Brick
[youtube=http://www.youtube.com/watch?v=KakinPNRiDc] The Reformed Broker, AKA Brian Fantana, here with today’s Market Recap… The Dow lost around 130 points, but surprisingly, Bank of America (BAC), Citi (C) and the other big banks were flattish all day. Here’s where the carnage was: Laggards in Price Performance (Intraday) Office Supplies -6.40% Internet Service Providers -6.30% Resorts & Casinos…
Market Recap: BAC Hangover?
The Reformed Broker, AKA Mean Mr. Mustard, here with today’s Market Recap… As the enthusiam for Bank of America’s (BAC) Mother-of-all-Secondaries waned, the only thing left glittering was basically gold and it’s cousin silver. Will bank shareholders end up like the guy in the photo above come the celebration’s end? Here’s the 3:30 look at…
Market Recap: Hospitals Hop
[youtube=http://www.youtube.com/watch?v=PzysbFcCYS8] The Reformed Broker, AKA Dr. Feelgood, here with today’s Market Recap… Goldman upgraded one of the worst hospital stocks extant, Tenet Health, this morning: Goldman said it is upgrading THC to Buy from Neutral based on more favorable view of urban hospitals. Notes potential for continued margin improvement and benefit of normalizing credit markets. Price…
Market Recap: Thank You, India
[youtube=http://www.youtube.com/watch?v=NL1Nu3qZLdg] The Reformed Broker, AKA Louis Lane, here with today’s Market Recap… OMG…India’s Sensex Index literally exploded overnight, rallying more than 2000 points, or 17.34% in one session. This led to a massive commodity and overseas-exposure rally here in the US with the Dow up around 200 points at the 3:30 look. Top sectors include…
Market Recap: Thursday Snapback
[youtube=http://www.youtube.com/watch?v=VEOV5vWfSgI] The Reformed Broker, AKA King of the Delta Blues, here with today’s Market Recap… The insurance names are being watched for signs of market stability (or instability). These are the new “tells”…at least for now. Yesterday the insurance sector looked apocalyptic, today, they were jiggy from the open. Here’s the 3 o’clock look at the group: Industry…
Market Recap: Mega Shark vs Giant Octopus
[youtube=http://www.youtube.com/watch?v=Fa7ck5mcd1o] The Reformed Broker, AKA Cowboy Curtis, here with today’s Market Recap… The futures were ugly, and boy was the market in for it. Banks, REITs, insurance companies…you name it, they were red. Techs took the Nazz down over 40 points as well. Get a load of the Advance/Decline numbers at the 3 o’clock look…wall-to-wall…
