“AIG has been what we call in the business an up stock, meaning it has been one way up since they did the split, the 20 for 1 reverse and that’s because of endless unconfirmed rumors and just gossip, gossip that...
Read MoreA wonderful and brief blog post from Liam Denning at The Wall Street Journal’s Heard on the Street makes some interesting points about the current stock market that we believe readers of our blog would enjoy. As a...
Read More“Let me look at the Carmax results, when it came out to its earnings, higher on its earnings, better than expected figures. Ex-items for accounting purposes once you work through that come up with a comparable number,...
Read MoreYesterday, we speculated that perhaps Dell (DELL) had awarded Perot Systems (PER) with too hefty a valuation given shrinking revenue and its dependence on healthcare and government contracts (Did Dell Overpay for Perot...
Read MoreWe do have a major acquisition on the books. Dell buying Perot Systems in an all-cash deal at a 68% premium over Friday, and that’s why Perot is shooting way up in so this, it’s fair to say, will be a huge gainer in...
Read MoreThe price-to-peak earnings multiple has topped 12x as of Friday’s close. The market has clearly recovered from the March lows, at which point, we were advising long term investors to be fully invested. As the...
Read MoreStocks continue their seemingly unshakeable rise with the DJIA now within spitting distance of 10,000 having jumped over 1,500 points since early July. While many analysts believe that this rally is for real and is to be...
Read MorePalm (PALM) reported fiscal first quarter results after the close on Thursday, and the company answered some big questions that investors needed answered to justify the stock’s amazing run. This summer Palm stock...
Read More“Let me mention airlines because again they’re up. Actually, we saw Delta earlier in the they raise their guidance a little bit. They had lower fuel cost, a little bit better revenue. AMR had a $2.9 billion raise....
Read MoreOn CNBC’s Mad Money, Jim Cramer talked about the trend of individual investors jumping into the market to get a piece of this rally. He notes that trading volume through brokerages such as Charles Schwab (SCHW),...
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