Baidu.com (BIDU) announced solid results after the hours. The stocks is up $90 in the after hours trading. Here are details about BIDU’s earnings from briefing.com BIDU reports Q1 (Mar) earnings of $2.02 per share, $0.52 better than the Thomson Reuters consensus of $1.50; revenues rose 59.9% year/year to $189.6…
Last 2 Trading days of year 2009! I have been writing about gold ever since 2007, then we watched Gold closed higher vs 2006. Again, we watched it closing for a new high in 2008; and closed at $880/ounce. As of this writing Gold is trading at $1,095/ounce and unless…
So we are having a great rally. It doesn’t seem like it wants to pause. If Dow is up this week, it will be up 8 out of the last 9 weeks. Wow, what a complete reversal of a downward trend that we had been observing since last year. What…
So Dow’s 8,000 forecast was also realized, even though it touched that level for a short while before bouncing over thousand points. So after a historic last week in market’s “down week” history books, we had a historic up day. The records are being re-written almost daily. Volatiltiy is again…
(for details pls visit www.OptionPundit.net) As you might have noticed in my past few posting that I have been covering this “underlying” for a while. Today I am going to share my thoughts on this purely from “Fundamental Analysis” perspective. Note though, there are several ways to value a stocks…
(for details pls visit www.OptionPundit.net) Markets are rising to new high, day after day without showing clear signs of tiredness. S&P 500, if closed above 1553, is about to create a history (Last high was March’00 when highest level it achieved was 1552.87). Dow has already done so when in…
How to value stocks? This is an ever intriguing question and thousands of books have been written on this. I plan to share my approach, a 80/20 approach in a series explaining at least 3 main methods with some formulae and examples. It is as complex as one wants to…