April 22nd, 2008
Yahoo Inc. announced first-quarter sales and profits today that surprised investors. The search giant posted net income of $542 million, or 37 cents per share. That income includes gains from an investment in Chinese Internet stock Alibaba.com.
Yahoo predicted more good news: second-quarter revenue of $1.73 to $1.93 billion.
It’s not certain what this […]
By kellyphill -- 0 comments
April 18th, 2008
Investors ended the week upbeat after learning that earnings are meeting or beating expectations on the Street.
Citigroup reported huge losses as expected - but the losses totaled $5.1 billion only half of the $10 billion reported the preceding quarter.
Google also helped swing moods by reporting earnings and revenue in excess of predictions.
What did […]
By kellyphill -- 0 comments
April 18th, 2008
Everyone is really nervous right now about the stock market. And Baby Boomers are particularly nervous, because they have a lot of money in the market and they are concerned about losing their retirement funds at a point where they won’t be able to generate income to replace it. And we all know […]
By kellyphill -- 0 comments
April 16th, 2008
In the last post, we looked at the importance of choosing companies that
have strong fundamentals — companies that are likely to make solid
recoveries. Today’s subject will be index
funds.
This brand of mutual fund is often considered vital to an investment
portfolio in times of economic slowdown and down market.
Index funds
Index funds are collections of all the stocks […]
By kellyphill -- 0 comments
April 15th, 2008
Today’s strategy idea for investing in a down market has to do with
dollar-cost averaging. This is a technique that helps you invest regularly, in a measured manner, and in a way that is sometimes considered less risky than lump-sum investing. Many beginning investors use dollar-cost averaging to overcome a fear of investing.
Many long-time investors use […]
By kellyphill -- 0 comments
April 14th, 2008
Right now, there is little question that we are in an economic slowdown. In general, our volatile stock market is down. But that doesn’t mean that now is the time to panic and withdraw everything from investment accounts or cash in your 401(k). The most important thing you can do is to not panic. Realize […]
By kellyphill -- 0 comments
April 8th, 2008
You don’t have to be a broker mogul to care about the stock market… or speculate about it.
So here’s a quick question for you. If you had $10,000 to invest, how would you invest it in this market? Gold? Currencies? Equities?
Here’s where I’d spend my money:
Apple. I think Apple is […]
By kellyphill -- 5 comments
April 7th, 2008
After an uncertain week on the Street, we’re looking ahead to corporate earnings reports. Who’s scheduled to make announcements this week?
Key releases include:
Monday, April 7
Alcoa Inc (AA)
Tuesday, April 8
Century Bancorp Inc (CNBKA)
Suffolk Bancorp (SUBK)
Wednesday, April 9
Circuit City Store Inc (CC)
Thursday, April 10
Genentech Inc (DNA)
Oil Co Lukoil (LUKOY)
Silicon Motion Technology Corp (SIMO)
Friday, April 11
General Elec […]
By kellyphill -- 0 comments
April 4th, 2008
The news that employers cut 80,000 US jobs last month did not send the markets into a panic, as feared. Rather, the market stayed measured - maybe hopeful that the worst has finally passed.
The Dow Jones lost just a few points on the day, ending a few points (3.2%) up for the week. The […]
By kellyphill -- 0 comments
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