The market was basically flat today as some profit-taking gave things a chance to let off some steam. But, certain sectors were showing very strong performances. Metals, energy, and agricultures all showed a lot of strength. MON boosted its 2008 guidance and saw its shares jump nearly +10%. Other stocks in […]
By HappyTrading
|
Posted in Uncategorized, Nasdaq, SPX, SPWR, X, MA, FSLR, CF, SOLF, MON, STLD
|
The market was in a jolly mood today! JPM announced that it would raised the buyout offer for BSC to $10/share. BSC shares doubled at one point, trading above $13. BSC closed at $11.25, up +88.76%. JPM also closed on the up side. Market seemed to like the […]
By HappyTrading
|
Posted in GOOG, Nasdaq, AAPL, RIMM, JPM, WFR, SPX, BIDU, SPWR, FSLR, BSC, XMSR, SIRI
|
Submitted Optiondragon
Spoon - “Don’t You Evah”
From Briefing.com
Lehman Brothers (NYSE: LEH) downgraded to Perform from Outperform at Oppenheimer.
Monsanto (NYSE: MON) raised to Buy at UBS.
Potash Corp. opf Saskatchewan (NYSE: POT) raised to TOP PICK at RBC Capital.
RBC Capital upgraded POT citing increased potash price estimates and valuation. Target to $250 from $195
Ultra Petroleum (NYSE: UPL) […]
March 23, 2008 – 12:23 pm
Thursday’s market actions were very encouraging. with the Dow jumping +261.66 points, SPX adding +31.09 points, and the Nasdaq gaining +48.15 points. It does look like now that the market is ready to turn and perhaps to start to prepare for a new earnings season coming up in April (With all the recent “craziness” […]
March 22, 2008 – 10:58 am
Last weekend, I said
“The failure of Bear Stern will be weighing on the market on Monday, and the market is likely to finally get the capitulation. So, for the new week, we’ll have to see how the market handles the capitulation below the January lows. On Tuesday, the Fed will come out with its rate […]
Submitted by Optiondragon
Every weekend I’ll be posting links to what I’m reading and links that have strong market impact, please feel free to leave your link to market moving events or trading ideas under the comments section.
Some hilarious clips:
One of my favorite shows The Office- That’s What She Said
The Amazing Skateboarding Dog
Ferrell– NFL Draft […]
Submitted By Optiondragon
The NEW SHANGHAI
Where’s Waldo?
The NEW DUBAI
“May you live in interesting times.” -Ancient Chinese proverb
If oil is the blood of the global economy then steel represents the ever expanding skeleton. Even during this “slowdown”, the skeleton grows in an unprecedented manner, please pay attention to history in the making. The emerging markets […]
Submitted by Optiondragon
ABBA - Money, Money, Money
Our prayers to all those affected by ABBA’s loss recently from the passing of their drummer, Ola Brunkert.
From briefing.com
The Wall Street Journal writes that the Clear Channel (CCU) buy-out is in trouble.
The FT writes that shares in Merrill Lynch (MER) fell over concerns about CDO write-offs
Reuters writes that Toyota […]
This market is so volatile that it can be annoying! The see-sawing actions just got bigger: up 400 points one day, down 300 the next!
The Dow was down 293 points; SPX lost 32.32 points; and Nasdaq fell 58.30 points.
Almost everything went red today, even the commodities! Or, shall I say especially the […]
Submitted by Optiondragon
AC/DC– Money Talks
From briefing.com
Reuters writes that New York City will probe whether Bear Streans (BSC) misled investors.
Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) have won relief from stringent capital rules and so can pump about $200 billion into a shaky mortgage market.
The Wall Street Journal writes that firms are […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
