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Daily Archives: March 18th, 2008

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

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 members [...]

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

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. [...]