GE, GOOGLE, IBM earnings

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The market is seeing a generally solid rebound; however it is the RUT that continues to be a lager. If the broader based index can’t get off the mat, I think this could be nothing more than a “dead cat” bounce. Some big names in earnings could set the short-term trend. GE, GOOGLE, IBM earnings Read more…

Earnings GE and INTC

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The market is struggling to break-out above the resistance level. We made a run and then just fell off. The big financial earnings have shown some concern about the housing market from last quarter and there is also concerns going forward, predominantly how the Volcker rule will impact top line revenue after April 1st. The Read more…

Earnings Season Kick-off!

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The market has been stalled since the beginning of the year. There was hope that the Labor Report would drive some clarity into the market (good or bad), but that didn’t happen. Instead, we received a rather convoluted report, with an amazing drop in unemployment and horrible job creation. I showed how it didn’t make Read more…

Earnings IBM, GE, Water, Africa

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As expected, an 11th hour can-kick is all we got and the debt ceiling debate. Nothing resolved, just buying some more time. The story will quickly move to the back burner, as it always does. Even many politicians will forget and focus on something else, most likely their extra-long holiday. Then again, at the last Read more…

Long-term Concerns

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We are in the calm before the storm. Just after the Federal Reserve roller coaster ride of whether they would taper or not, we wait as the battle commences. I heard an interesting commentary which concluded that we are in a repetitive cycle in which politics creates volatility, we assume the worse, volatility rises, markets sell-off, Read more…

Earnings: MCD, GE and Rumors at PEP/MDLZ

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The market fell a little further yesterday, with some of the indices breaking below supports; however, the INDU and, more importantly, the RUT held above those support areas. Could we be putting in a bottom after the recent sell-off? I am not sure, but Gold seems to have found a support level and is moving Read more…

Earnings Season

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We are about to kick off earnings season, which we can hope turns around the negative economic data that summed up the first quarter. The solid rally in the equity markets during the 1st quarter, buoyed by Fed monetary policy which propped up bond market, had ignored Europe’s, North Korea’s, and even Japan’s first salvos Read more…