The Dow is celebrating today. While the Dolans from Cablevision got 100% financing from the Bank of America, and Hewlett Packard goes after EDS, we are still in a credit crunch.
Yet, today is a good sign(after Jamie Dimon says the Credit Crunch is almost over and a deep recession is underway).
The Dow closed today 130.43 higher to 12876.31. The VIX closed down over 8% to 17.84.
LDK reports tonight at 6pm EST and we are expecting a solid earnings report. If you are interested in listening to the report live, you can call the 1800 here>>>
http://www.ldksolar.com/4-23-08.html
China is still reeling from the earthquake, and the chance of major disruptions for an extended period of time is slim to none we believe.
HSBC wrote down $5B today and walked away with a profit to change the tide of expectations for investors.
CNBC has a Portfolio Challenge going starting today. This is a great opportunity for a lot of people that might never have a chance to display their talent.
This year they have added Currency Trading. Hopefully next year they will add Options Trading.
Good Fortune from Trade Equity!!!
Monday, May 12, 2008
Post LunchBox
With the Market up 140 currently and the S&P is at 1402.
Hewlett Packard is very close to closing a deal for EDS worth $12-13B.
Oil is down about $2 pb, And the Financials and the retailers look strong today.
With the death toll over 8500 in China, trading has been haulted in the Sichuan province and Chongqing city for over 45 listed companies.
The earthquake could prove to be bullish for US commodites.
The VIX is currently trading under 18.
Oil companies are still some of the leaders today. While Humana is being investigated potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). The investigation focuses on investments in Humana by the Humana Retirement and Savings Plan.
Good Fortune from Trade Equity!!!
Hewlett Packard is very close to closing a deal for EDS worth $12-13B.
Oil is down about $2 pb, And the Financials and the retailers look strong today.
With the death toll over 8500 in China, trading has been haulted in the Sichuan province and Chongqing city for over 45 listed companies.
The earthquake could prove to be bullish for US commodites.
The VIX is currently trading under 18.
Oil companies are still some of the leaders today. While Humana is being investigated potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). The investigation focuses on investments in Humana by the Humana Retirement and Savings Plan.
Good Fortune from Trade Equity!!!
Post PreMarket Buzz
The earthquake in China has everyone wondering what, if any industries will be effected.
This week brings us many retailers reporting. While WalMart reports stronger numbers due to the suffering consumer, we think the majority of the retailers will show weakness. To play this trade, the XRT is a great ETF.
11:08 EST
Oil(USO) is changing direction, and you could see the retailers earlier liking the fact that oil was down for the day but with oil up 7 cents currently that might be changing.
LDK reports earnings today after the close. They reported initially they expected 39 cents per share, yet on their website they mention reporting 41-45 cents per share.
The website was updated on 3-5 and linked below.
http://media.corporate-ir.net/media_files/irol/19/196973/March_LDK_Management_Presentation_2008.pdf
Ann Taylor increased guidance today.
Cablevision is purchasing NewsDay.
Rimm unveils there latest technology.
Good Fortune from Trade Equity!!!
This week brings us many retailers reporting. While WalMart reports stronger numbers due to the suffering consumer, we think the majority of the retailers will show weakness. To play this trade, the XRT is a great ETF.
11:08 EST
Oil(USO) is changing direction, and you could see the retailers earlier liking the fact that oil was down for the day but with oil up 7 cents currently that might be changing.
LDK reports earnings today after the close. They reported initially they expected 39 cents per share, yet on their website they mention reporting 41-45 cents per share.
The website was updated on 3-5 and linked below.
http://media.corporate-ir.net/media_files/irol/19/196973/March_LDK_Management_Presentation_2008.pdf
Ann Taylor increased guidance today.
Cablevision is purchasing NewsDay.
Rimm unveils there latest technology.
Good Fortune from Trade Equity!!!
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