« Previous Entries
RIMM was hammered today after earnings guidance failed to appease wall street. 2Q earnings were up 72%, but failed to meet analyst expectations. Research in Motion is gearing up to launch a new product, Blackberry Bold in overseas markets and eventually in the United States, which is eating in short term profits. I sold my [...]
Warren Buffett, one of the world’s best known and wealthiest investors, is betting $5 billion that the U.S. financial system is not about to collapse. Buffett’s Berkshire Hathaway Inc. said Tuesday it will invest at least $5 billion in Goldman Sachs Group Inc., a huge vote of confidence for one of the survivors of the [...]
Â Esterline Tech made a pretty big move on Friday, with an ascending triangle breakout. Looks like the stock could go as high as ~62 before it reaches resistance. Keep an eye on this one.
Last friday PetSmart (PETM) broke triangle resistance on heavy volume. The company reported 2Q EPS ahead of estimates. In addition, posted higher than planned same store sales growth. The stock’s chart looks bullish, and it moved up higher today in a bearish market. Here’s the stock chart:
I’ve been a fan of Digg ever since I came across the social news aggregator about a year ago. Since then, Digg has grown into quite a popular site to say the least. An acquisition by Google could have interesting implications on the future of Google’s search technology, if they do eventually implement some sort [...]
My friend over at BullRinger.com showed me this fund Ultrashort Financials (SKF), which is a short on financial related companies. The past two days have seen a sharp recovery in financials, hence the huge drop, but if you’re bearish on this sector SKF might be a good play for you.
Under Armour, Inc. (UA) looks like it might be a ready for a reversal. Under Armour is an up and coming sports apparel maker. It’s taken a beating recently, but I feel it still has strong potential. As a bit of a gym rat, I see plenty of people wearing under armour apparel. I’ll probably [...]
Goldman Sachs Group, Inc. (GS) is one of the only banks with little exposure to the sub prime lending mess, but it has also been brought downward by the general decline in the financial industry. The stock seems to be finding support around 162, with a possible breakout above ~183.
Lehman Brothers Holdings (LEH) is one of the investment banks that was heavily affected by the subprime mortgage meltdown. Lehman recently had to write off several billions in losses and the stock has been in a free fall since the beginning of 2008. Over the past few days the stock has tumbled on strong selling [...]
First Solar, Inc. (FSLR) has consolidated for the past few days after it’s gap down last Thursday. Look for a move up or move down, which could serve as an indication of whether the stock has enough gas to keep moving upwards, or if the upward trend is broken.Â Keep this one on your watchlists.« Previous Entries