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Intel is killing the tech sector this morning, down six percent in trading – to $14.40 per share – after a particularly dismal earnings outlook. I’ll get into the details in a moment, but it’s worth noting that we can’t just point the icy finger of guilt at Intel. I’m … |
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Stocks are mixed today, which isn't really bad news considering the overseas selloff we saw on Sunday night and early Monday morning. Helping U.S. markets was decent news from the housing sector, where home sales were up 2.7% for September, with some of the country's hardest-hit regions like the southwest, … |
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Well, as they say in Vegas, in for a dime, in for a dollar. Or in the case of the Congressional bailout that President Bush wasted no time whipping out his sharpie and signing into law, how about $700 billion? The revote in the U.S. House of Representatives was never … |
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The stock market is down 370 points after Monday trading and nobody is really sure where we go from here. I’ve been around Wall Street for over 20 years and I’ve never seen anxiety like this – people are scared to death and a run on investment accounts - including … |
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It’s like the 1990’s again, with all of the big name merger and acquisition activity. We’ve read about Microsft and Yahoo in the last few weeks and now comes wind of a proposed $1.0 billion deal between video game titan Electronic Arts and Take-Two Interactive Software. EA is known for … |
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It should be a slow week for technology stocks, what with the holidays fast approaching and a dearth of any meaningful quarterly earnings surprises. The former you know about, with Christmas only a week away. Late December is notoriously dull for the stock market as traders think more about fun … |
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Yesterday I laid out the risks and rewards of investing and trading stocks online. As I said, it's easy to do and actually kind of fun, but like going to Vegas, you have to be able to walk away from the table if you're losing money. To help you avoid … |
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My friend and I were texting each other about the Red Sox World Series rout the other night -- way to go Sockies, how to beat 'dem Rockies! -- and, both being Boston natives, were having a grand old time. My pal won some money on the Series and had … |
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Six weeks ago I wrote that video game stocks were going to be a good play for the duration of 2007 - - and probably well into 2008. As I said at the time, anyone with a 12-year-old boy in the house recognizes the familiar hoots and hollers from the … |
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I have to admit, on my perch here overlooking Wall Street, of the industries traders typcially jawbone about, video games arean't at the top of the list. Exhibit "A". At a dinner Wednesday night with three options traders over some Kobi steaks and some good wine, all the talk was … |
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