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In a much-publicized spat with the Chinese government, Google (GOOG) has threatened to leave the country because, according to the company, its infrastructure was hacked in an attempt to gain access to the contents of Gmail accounts belonging to human rights activists in China. Obviously, considering that China already has more than 300 million [...]
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Green on the monitor screen is starting to appear: Apple, Google and Intel are all positive pushing the NDX index into the green.
Treasuries have sold off, giving up their initial gains and showing rising yields. This seems to be helping equities. Perhaps all hope is not lost.
Yesterday’s late day sell-off was possibly [...]
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With August almost in the books I believe it is worthwhile to look at some specific sectors and stocks relative to the major market averages.
For a reference point the SPX index started the year at a level of 903.25. So with today’s close at 1028.93 the overall market is up almost 14%. It is more [...]
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The GOOG earnings are in the past and the stock is down $13 per share! Sounds like a big move, no? NO! Not big enough for the long straddle holders.
This is a great example of the risks of owning the straddle. Whether the stock goes up or down, the benefit of being long the straddle [...]
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A very negative article on General Motors (GM) appeared in Barron’s over the weekend – it basically stated the company is all-but-guaranteed to need a massive bailout ($50 Billion was referenced). Such a bailout would come with equity ownership stakes for the government.
All this is thought to be extremely negative for current [...]
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Google Inc. (GOOG) announced better-than-expected earnings last night of $4.92 per share. In pre-market action, the shares gained 10% – currently, the stock is about 6.5% higher. IBM (IBM) also topped earnings estimates but is virtually unchanged today. And in this market, individual earning stories are not enough to lift the focus [...]
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