Yep, still running the show.
stocks
Dear Motley Fool: Please Stop Spamming Yahoo Finance
Dear Motley Fool, Please stop spamming Yahoo Finance. For every 5 Motley Fool articles Yahoo links to in the Headlines section, I estimate 2 or 3 of them are a thinly veiled landing page for you to sell a newsletter subscription. I don’t have a problem with the pitch, just the disguising of that pitch…
Q3 GDP and Jobless Claims First Look
Two big numbers out this morning, we’ll put up the initial take on both: GDP (from Bloomberg) The U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. The world’s largest economy expanded at a 3.5 percent pace from…
A Whole Episode of Fast Money in One Sentence
CNBC’s Fast Money program is definitely entertaining, and if there are no syndicated reruns of Diff’rent Strokes on, I will occasionally tune in. My fave pundit Doug Kass will be on this evening and, I assume, he will try his best to keep up with the frenetic pace of the banter. If he doesn’t, they may…
Dow Slips on a Banana Peel
Quite a reversal. The Dow appears to have slipped on a banana peel headed into the close.
Texas Instruments: Note To Self
Talk about having your thunder stolen! Reporting earnings at the same time as Apple is like playing the second stage at Lollapalooza as the Chili Peppers take the main stage. Supposedly, crickets could be heard on the Texas Instruments (TXN) conference call along with the quiet yearning of the second string sell-side analysts who wished they were…
Crushing Earnings Estimates? There's an App for That.
I’m utterly in awe of the great American earnings machine that is Apple Inc (AAPL). This evening’s earnings report eruption was utterly remarkable given the environment. From All Things Digital: Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public…
Follow Up: Ag-Related Stocks Being Harvested
Yesterday I discussed the possibility that portfolio managers may now look to the agriculture-related stocks to play catch up vis a vis the metals and energy stock rally. Guess they were thinking just that: Industry Top Performers Intraday Price Performance % Change Market Cap AGRIUM INC. [AGU] +7.31% $8.4 B POTASH CP SASKATCHEW [POT] +6.17%…
If Galleon Unloads Their Treasures…
For what it’s worth, here’s a quick look at Galleon‘s top ten holdings. I’d imagine that the phones are ringing off the hook with redemption requests as we speak. These are almost all mega-caps, so I wouldn’t expect a great deal of impact should the fund have to unwind these positions quickly. NAME STOCK SYMBOL …
Commodity Plays: The Search For What Hasn't Moved Yet
Crunch time for portfolio managers. I read in Barron’s this weekend that the average US stock mutual fund manager is about 5% ahead of the S&P 500 this year, according to Lipper. OK, but it’s the below-average performing PM that really needs the juice right about now, with 10 weeks or so left to make…