November 6th, 2008
Many analysts commented that an Obama win would bode well with alternative energy stocks. Well, not on Wednesday!
Shares of SunPower Corp. fell 34 percent, closing at $32.85. SunPower saw about 7.6 million shares traded (over 2.5 times its daily average for the past three months) just one day after announcing that the recent strength of the […]
By profsilver -- 0 comments
November 5th, 2008
Throughout the election process I have heard several reporters say that the stock market favored Senator Barack Obama for President.
Why so? Well, it’s pretty simple. It had nothing to do with his experience, qualification or policy proposals. President-Elect Obama earned the market’s favor because when markets are down in the few months leading up to an election, a change in party typically comes to the […]
By profsilver -- 1 comment
November 4th, 2008
This is the second edition of Techie Tuesdays!Today’s stock is Starbucks. I chose Starbucks because I have been spending a lot of time blogging from their comfy couches with a Vanilla Frappuccino.
This Tuesday, I would like to introduce the Bollinger Bands. The bands provide two price lines on a chart, the upper band representing the […]
By profsilver -- 0 comments
November 3rd, 2008
A multi-billion dollar cry for help from General Motors was denied by the Treasury Department. GM planned to use up to $10 billion to purchase its struggling counterpart, Chrysler.
The bad news got worse today when the automakers reported October U.S. sales. Dismal is an understatement.
GM saw a 45 percent decline while Chrysler’s sales went down 35 percent and Ford’s sales dropped 30 […]
By profsilver -- 0 comments
October 31st, 2008
TST’s first Fundamental Friday will analyze Dell Computer.
I am particularly fond of Dell, as its stock financed a portion of my college education. :) Many years ago, my mother stumbled upon Dell Computer when it was trading around $3. Between 1992 and 1999, Dell shot up and issued seven stock splits. Dell’s post internet bubble performance has […]
By profsilver -- 0 comments
October 29th, 2008
The FOMC did just what investors predicted by cutting the target rate another 50 basis points.
The FOMC’s statement included the expectation for inflation to moderate in coming months, noting that the government’s recent actions have improved credit conditions, but “intensification of financial market turmoil” is likely to exert additional spending restraint as downside risks to growth remain. No word […]
By profsilver -- 0 comments
October 28th, 2008
Yesterday, I asked the question, “When will banks start lending?” Today, the White House issued it’s desired answer: NOW!
White House press secretary Dana Perino had this to say: “What we’re trying to do is get banks to do what they are supposed to do, which is support the system that we have in America. And […]
By profsilver -- 0 comments
October 27th, 2008
The Treasury’s Troubled Asset Relief Program was approved a few weeks back, but the spending is just getting under way. Now that the government is starting to invest when will the banks begin to lend?
There are many motivations behind (or should I say underneath) TARP, but unfreezing the credit markets is at the top of the priority list. PNC […]
By profsilver -- 0 comments
October 25th, 2008
Sometimes while researching stocks, I come across tickers that are actually words.
TIER - Tier Technologies, FUN - Cedar Fair, PZZA - Papa John’s, WOOF - VCA Antech just to name a few.
This morning I came across SOLD. Pretty interesting. After all, what word could more perfectly describe what’s going on in worldwide stock markets right now?
During this […]
By profsilver -- 0 comments
October 24th, 2008
Recession fears are sending everything down and it may be tempting to liquidate your stock positions. Please reconsider!
People often forget that there are TWO ways to make money by going long on stocks: capital appreciation (the stock price rises) and dividends (when the company shares earnings).
Even if prices are dropping the dividends may not be. Search […]
By profsilver -- 1 comment
Recent Comments