February 7, 2008

1) Rumors are rampant that Delta is going to merge with Northwest. What would the new combination be called? Southeast? This is leading to speculation of a United-Continental merger.2) Technology has now taken up the downside charge in the market,…

February 6, 2008

1) Hillary won California, leaving her with 830 delegates vs. 740 for Obama. 2025 are needed to win, and 750 will go into the August convention uncommitted. Hilly could lock this up with the Texas and Ohio primaries on March 4.2) Candidate Economic…

February 6, 2008

1) Hillary won California, leaving her with 830 delegates vs. 740 for Obama. 2025 are needed to win, and 750 will go into the August convention uncommitted. Hilly could lock this up with the Texas and Ohio primaries on March 4.2) Candidate Economic…

February 5, 2008

1) The January ISM non-manufacturers index, which accounts for 80% of the economy, dropped from 54.4 to 41.9, the lowest level since the terrorist attacks of 9-11. It's as if someone turned the lights off on the economy. The Dow dropped 560…

February 5, 2008

1) The January ISM non-manufacturers index, which accounts for 80% of the economy, dropped from 54.4 to 41.9, the lowest level since the terrorist attacks of 9-11. It's as if someone turned the lights off on the economy. The Dow dropped 560…

February 4, 2008

1) China had its largest up day in history yesterday at +9%. It is up 20% from the recent low 9 trading days ago.2) Exxon reported profits of $11.7 billion on the quarter and $45 billion on the year, the largest annual profit in US history.…

February 4, 2008

1) China had its largest up day in history yesterday at +9%. It is up 20% from the recent low 9 trading days ago.2) Exxon reported profits of $11.7 billion on the quarter and $45 billion on the year, the largest annual profit in US history.…

February 1, 2008

Market Comments for February 1, 2008 1) If you are a breathing, sentient being in the universe you have already been inundated with news of the Microsoft/Yahoo takeover. I will just make a couple of points: a) This could spark a takeover boom…

February 1, 2008

Market Comments for February 1, 2008 1) If you are a breathing, sentient being in the universe you have already been inundated with news of the Microsoft/Yahoo takeover. I will just make a couple of points: a) This could spark a takeover boom…

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