InvesCafe

Citi, Uptick and Mark-To-Market

by OptionPundit on March 11, 2009

So we had it finally. The pressurized spring bounced back and shorts were pressed against the wall to cover. Fantastic rally by all means, it was easily qualified as a 90% Upside Day on both the NYSE and the NASDAQ that too on expanding volume. Market breadth was also much more impressive during yesterday’s rally. […]

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Panic Before Everyone Else Does

by OptionPundit on February 20, 2009

I have tried my best to warn OP readers of the upcoming storm, over and over again starting from November 2007. Fun fact, this is what I wrote then- But hey, if you do get a bearish market, then don’t forget to mention that you were told first hand here at OptionPundit. We are close […]

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Futures are Pointing Higer Opening

by OptionPundit on January 28, 2009

There are a lot of positive news in the market, for a change. Some of the companies have announced good results. FDIC starting a “bad bank” concept and FOMC meeting announcement at 2:15pm. There is nothing much fed is left with from the interest rates perspective, but Uncle Ben may have some more tricks. Y’day […]

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JP Morgan Chase beats by $0.07, misses on revs

by OptionPundit on January 15, 2009

JP Morgan Chase (JPM) Reported Q4 (Dec) earnings of $0.07 per share, $0.07 better than the First Call consensus of ($0.00); revenues fell 0.9% year/year to $17.23 bln vs the $18.83 bln consensus. Losses were in investment banking due mark downs on leveraged loans and mortgage trading positions. They faced higher credit costs associated with continued […]

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Are you Prepared for the Next Leg

by OptionPundit on October 7, 2008

I don’t think 8,000 is far for Dow! Yes, that’s a grim forecast but not something unrealistic. I shall be publishing rationale for this via a special report. You may follow my thoughts at InvesCafe, a micro blogging investment portal something like twitter but focused towards investing and finance. An almost 400points u-turn in the […]

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