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Latest Blog EntriesWed, May 7, 2008 @ 04:15 pm
Interesting day. The Cisco earnings buoyed the market early, but it couldn’t hold. New all time high oil prices at $122, combined with other rising commodity prices could not keep the market moving north.
The DOW closed down 200, and NASDAQ gave back just under $50. RIMM, a stock I want to see go down, finally [...]
Mon, May 5, 2008 @ 02:04 pm
Another day, another yawn. Sorry about last week. If you were looking for some daily commentary, I was otherwise occupied running around NYC for the week, and it makes it tough to get the content side in. The excitement of the FED meeting was the big story for the week, but I covered that in [...]
Wed, Apr 30, 2008 @ 07:45 am
Yesterday, PNIWF announced the COSTCO service had started. So, why wasn’t this market moving? Simple- because everyone already knew it- no surprise there.
Today, PNWIF announced it had entered into a deal with Kodak to expand online photo processing into Australia. This is news. I didn’t know about it.
One would think this is market moving news, [...]
Recent Newsletter EditionsFri, May 9, 2008 @ 03:19 pm
When Main Street and Wall Street Diverge Main Street and Wall Street are clearly out of sync right now. Large cap and big momentum stocks have come back beautifully since the massive Q1 drubbing, but small stocks are still trading in a virtual coma- we're just not seeing the kinds of volumes we need...
Tue, May 6, 2008 @ 01:05 pm
Pickle Opens #38- Texas Expansion Continues Despite the rather boring performance on the chart, Spicy Pickle has now gotten back on the new store opening bandwagon, and is announcing a second new store opening in as many weeks. Today, just after the market closed, SPKL announced its third Austin, Texas...
Thu, May 1, 2008 @ 09:22 pm
The FED Love Fest Wednesday's FED decision was exactly what the market wanted. One and done. The FED lowered the discount rate 1/4 point, and stated it would probably be the last interest rate cut. The market is now expecting the FED to start raising interest rates in December. I know many of you will...
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