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Daily Archives: March 18th, 2008

Fed’s Rate Cut Pole-Vaults Market: SPX, Nasdaq, GS, LEH, GOOG, CME, ICE

March 18, 2008 – 5:06 pm

The Fed slashed the interest rate by another 3/4 point! The market was already up in the morning on better-than-expected earnings from GS and LEH. After the Fed’s rate cut announcement, the market pole-vaulted to its biggest one-day gain since 2002 (even though, just yesterday, the market was still hanging up-side-down)!
Many of our […]

By HappyTrading | Posted in Uncategorized, GS, GOOG, Nasdaq, SPX, ICE, CME, LEH | Comments (0)

Premarket Analysis for 3/18 - Upgrades/Downgrades, Gappers, Actionable Calls

March 18, 2008 – 5:08 am

Submitted By OptionDragon

Journey - Don’t Stop Believing
From briefing.com

LEH reports Q1 EPS 81c vs. consensus of 72c-Bloomberg
Reports Q1 revenue $3.5B vs. consensus of $3.35B.
LEH gapping up.
Refiners got downgrades today. WNR downgraded to Underperform from Market Perform@BMOC.
HOC downgraded to Market Perform from Outperform@BMOC.
FTO downgraded to Market Perform from Outperform@BMOC.
TSO downgraded to Market Perform from Outperform@BMOC
VLO […]

By optiondragon | Posted in Uncategorized | Comments (0)