Now that oil prices have joined the party, I thought I’d share some of Fadel Gheit’s thoughts on the energy sector. Gheit covers oil for Oppenheimer and was ranked #3 on the list of Forbes‘ Best Brokerage Analysts for 2009. He spoke to The Energy Report last week about the energy markets: On the discrepancy between…
stocks
Keeping It Real: Dow Broke 10k Because IBM Didn't Split Too Often
All of my fellow bloggers are gonna do their Dow 10k pieces today, so I may as well join the cacophony… I’ve learned two important lessons from the thousands of hours of Hip Hop music I’ve consumed… 1. “Kings lose crowns but teachers stay intelligent” – KRS-One 2. Always “keep it real” – Various Artists…
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…
An American Fail: The Eastman Kodak Tragedy
Remember that girl from high school who was so hot and so out of your league back then that you would’ve jumped out of a plane without a parachute just to get her attention? Yeah, me neither. But now imagine that this girl walks by you on the street and you barely recognize her. That…
In Search of Mythic Beasts
The figure they’re going with these days is $4 trillion on the sidelines. Okey Dokey.
About Those Dow 10,000 Predictions…
Remember, oh…I don’t know…a week ago, when everyone talked about Dow 10,000 like it was a foregone conclusion? Not so fast!
Newspaper Stocks Ruled the 3rd Quarter
Guess what the top-performing industry group was in the 3rd quarter? What if I told you it was the left-for-dead Newspaper Publishers? No, seriously, it was. According to data from Morningstar, the newspaper industry stocks posted a gain of 89.14% over the last 3 months and were the top performing group by a long shot…
The Sugar Trade
While everyone is reading that New York Post article about how many times a day Hank Paulson and Lloyd Blankfein call each other, the story the Post picked up on sugar trading from Bloomberg this morning was way more interesting to me. From the NYP: Sugar is the new crude oil for investment-hungry hedge funds,…
Unlucky Sevens: Bespoke on the 1 Year Anniversary
One year ago today, the world looked and felt like it was coming to an end on Wall Street. The Dow dropped 777 points which was actually a larger point drop than the day the market reopened after the 9/11 attacks. Bespoke Investment Group does a great job reminding us of what was going on…
Gut Check Time For The Nasdaq Bulls
Just some quick thoughts as we head into the end of September… Last week was fairly interesting in that many began noticing signs of a change in character for the stock market, if not a change in trend. The Nazz has been the leader for this rally, so the action there is worth noting. Some…
