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Daily Archives: March 27th, 2008

Solars Shine! SPX, Nasdaq, SOLF, FSLR, SPWR, STP

The GDP came in at 0.6, which matched the estimates. The market futures initially jumped when the GDP report came out, but, MER and UBS received lowered earnings outlook and soon started to put pressure on the financial sector. This weekend, in my Market Forecast, I said,
“The market has been under pressure for […]

Premarket Analysis for 3/26 - Upgrades/Downgrades, Gappers, Actionable Calls

Submitted By Optiondragon

The Beatles - Money
From Briefing.com

Oppenheimer Cuts More Financials (C)(JPM)(WB)(MER)(UBS)
A day after taking down its earnings forecasts for Citigroup (C), JP Morgan (JPM), and Wachovia (WB), Oppenheimer has cut its first quarter numbers on Merrill Lynch (MER) and UBS (UBS).
According to Reuters, MER and UBS “may suffer respective first-quarter write-downs of $6.03 billion […]