Author: Philip Davis

By Jeremy Seigel, PhD – Russell E. Palmer Professor of Finance at the Wharton On February 25 I published an op-ed piece in the ‘Wall Street Journal‘ entitled, “The S&P Gets Its Earnings Wrong.” In that...

Today’s tickers: HPQ, VAR, DOW, AMTD, XLF, WFC & BAC HPQ Hewlett-Packard Company – The global technology company has enjoyed a more than 4% rally to $34.41 on broader market gains. HPQ edged onto our ‘most active by options...

Today’s tickers: NTAP, AXP, MOS, SEPR, GM, JNPR, ROK, VIX, TGT & TCK NTAP NetApp, Inc. – Option implied volatility has skyrocketed from yesterday’s value of 56% to the current reading of 74% as merger fever has set its...

Perfect so far. We went into yesterday’s close a little more bullish than we had intended but, as I said in the monring post: “we really felt 7,750 would hold” and the Dow finished the day at 7,789 so right on target...

Today’s tickers: JAVA, APOL, EWZ, EMR, BBBY, WYNN, CSCO, CBG, GE & AA JAVA Sun Microsystems, Inc. – Shares continue to slide for the second day after JAVA allegedly rejected IBM’s offer of $9.40 per share because it was too...

Wheee – Down we go again! We held our levels yesterday and we dared to remain bullish into the close and we’re going to be punished for it this morning as the IMF tells us there may be $4Tn in toxic bank debts out there,...

Today’s tickers: HPQ, FXI, WFC, UNP, MGM, LVS, INFY, VIX, TXT & F HPQ Hewlett-Packard Company – The world’s largest technology company has seen its shares decline by more than 1.5% to stand at $33.53. Despite the dip in...

Reality time! Earnings season is here and, as I mentioned in the Weekend Wrap-Up the WSJ is runningan article titled: “Time to Brace for Trouble as Profits Debacle Starts” which pretty neatly sums up the market’s...

Another week, another 5% gain – isn’t the stock market easy? We’ve gained 1,400 points in 4 weeks from our March 9th low of 6,600 – pretty impressive on the whole -but we have suffered a serious decrease in upward...

The Canadian economy showed signs of improvement in January, while the economies of Germany, Italy and Spain showed signs of weakening economies, according to the latest edition of Nielsen’s Economic Current, which consolidates...