Research in Motion (NASDAQ:RIMM) has been on the (trash) list the last quarter or so. The company had great earnings, introduced the Torch smartphone, and finally came out with the PlayBook tablet to compete with the iPad. To...
Read MoreAfter the passage of the Dodd-Frank financial reform bill, there was a collective feeling of ‘what now?’ in regards to the fate of Wall Street firms. Although a cloud of uncertainty had been lifted from over the sector, the...
Read MoreThe large, greater-than-expected draws shown in today’s crude inventory data is spurring a powerful rally in the energy sector. The Department of Energy reported a draw of 475,000 barrels v. -250k expectation in crude oil....
Read MoreSix Rules of Michael Steinhardt ~ The Big Picture Chile, Peru, and Columbia Integrating Their Stock Exchanges ~ Shocked Investor 5-Year TIPs Back Near 0% ~ Crossing Wall Street You Know It’s a Real Rally when DryShips Takes Part...
Read MoreYesterday afternoon, Bob Prechter was on CNBC touting his Dow 2,000 theory and the market, coincidentally or not, sold off. Does he realize what the consequences of Dow 2,000 would be? To start, 80% of the market capitalization...
Read MoreToday, right off the open shares of Apple (AAPL) tumbled allegedly following a rumor posted by The Fly on the Wall claiming that COO Tim Cook was leaving the company for Hewlett-Packard. Shares collapsed over $16 from the open...
Read MoreThe market does what it wants to do. Plain and simple. It goes up, it goes down. Sometimes it doesn’t move at all. Our job is to make money no matter what the market gives us. Sometimes there are good days, sometimes there are...
Read MoreThe market took the day off yesterday with a lot of mixed action. High beta tech is still holding up, but is hard to trust up here with more than tier one. Banks continue to be a drag, and could get worse if they break this...
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