An interesting little post (subscription required – ???) over at the WSJ’s Deal Journal blog: Trading [in Dow Jones options] was particularly heavy April 17 – the day we’re told the approach from Murdoch was made – and last Wednesday,…
For the 1st quarter Blockbuster reported a net loss of $49.2 million compared to $4.7 million in last year’s 1st quarter. Gross margins decreased 480 basis points to 51.7% from 56.5% in last year’s first quarter. So, predictably, the stock…
Tonight at 6:30pm PST (to be shown on TNT), in Dallas, TX, the 8th seeded, perennial underdog Golden State Warriors (from Oakland, CA) stand on the precipice of perhaps the greatest upset in NBA history when they take on 1st…
I did want to follow up on my post about preliminary 1st quarter 2007 Real GDP which the Commerce Department reported as 1.3% before the open last Friday. To answer my question, “Does The Economy Matter?”, the answer, at least…
After rallying as much as 40 points earlier in the day, the Dow went into free fall in the last 2 hours of trading today losing about 90 points in that time. My sense is that this was just people…
I believe that in years to come historians will see the beginning of the twenty first century as the ‘golden age’ of real estate. And I want to persuade you to take advantage of this historic opportunity. David Lereah, Are…
At 8:30am EST, or about 5 hours from now, the Commerce Department will make its first stab at reporting 1st quarter Real GDP. Economists are estimating a measly 1.8% growth. In his “Ahead of The Tape” column from today’s (Fri…
At 2:07pm in Japan, 10:07pm out here in California, the Bank of Japan (BOJ) held its interest rate target steady at .5%. This is good news for stocks as it doesn’t put any pressure on the carry trade. The yen…
Ever since reading Steve Jobs phenomenal graduation speech at Stanford University in 2005 I’ve been a fan and a believer that he was a business leader with a solid moral center. But a startling front page article (subscription required) in…
If this chart doesn’t scream “Sell China” I don’t know what does. That chart looks to me like it’s about to curl around and head back in time while going up at the same time. Some trick that would be!!!! …