Tag: InvesCafe

  • Citi, Uptick and Mark-To-Market

    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.…

  • Panic Before Everyone Else Does

    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…

  • Futures are Pointing Higer Opening

    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…

  • JP Morgan Chase beats by $0.07, misses on revs

    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…

  • Are you Prepared for the Next Leg

    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…