Tags: Dow Jones + investing + Market + S&P500 + Shorting
We began 2007 with S&P500 companies forecasting earnings growth of +9.4% from a year earlier. This week as fourth Quarter earnings releases roll out the revised estimates for companies is for a 6% decline in earnings instead of a gain according to Standard & Poors. Barron’s, in their article titled: “It’s Time to Buy,” published […]
January 15, 2008 - Politics - 0 Comments
Tags: Dow Jones + investing + Market + S&P500 + Stocks
The first two weeks of 2008 produced the poorest market returns since 1982. Yet today the market made a strong rally on news of IBM’s above-average earnings that sharply beat analysts’ expectations. What does this portend for the market and will this rally now continue?
Unfortunately No, because nothing fundamental has changed to warrant a stock market rally. Our view is […]
January 14, 2008 - Markets - 0 Comments
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