Daily Updates
« Previous EntriesMy Thoughts on Gas Prices
Tuesday, July 22nd, 2008I have to say i’m a bit pissed over this whole thing. I see on the news that gas per barrel has dropped and the prices at the pump have not and even have gone up a few cents. We really need someone to do something here before the American population goes in the shitter. [...]
Put Nursing Homes on the Sell Block
Friday, July 18th, 2008Brookdale Senior Living (BKD), Sunrise Senior Living (SRZ)
Cramer said “It is time to throw nursing homes, or senior living communities, into his sell block,” calling them “serial destroyers of value.” He singled out Brookdale Senior Living and Sunrise Senior Living as two of the worst offenders. Brookdale’s stock has fallen from $48 to $17 a [...]
How did gas and oil go into an endless dive
Friday, July 18th, 2008Oil and Gas Out – Banks and Brokers In - JP Morgan Chase (JPM), Comerica (CMA)
“How did gas and oil go into an endless dive,” Jim Cramer asked viewers of his Mad Money TV show Thursday. He said the dramatic reversal was in part due to the demand dropping 2%. With oil prices plummeting and [...]
Windex And trinity Industries And Others
Wednesday, July 16th, 2008“I think Thursday will be a landmark day for wind power,” Jim Cramer told viewers of his “Mad Money” TV show Tuesday. At a cost of only 4 cents per kilowatt, Cramer said wind power is the cheapest form of renewable energy. He said the entire wind power industry could get a boost on Thursday [...]
Jim Cramers Mad Money TV program, Monday, July 14
Tuesday, July 15th, 2008Judgment is Better than Rules: Wachovia (WB), Fannie Mae (FNM), Freddie Mac (FRE), General Motors (GM)
“It’s time to unlearn a common myth about investing,” Jim Cramer told viewers of his “Mad Money” TV show Monday. “The best way to invest is not to buy a bunch of stocks and just sit on them.”
Cramer said the [...]
Today’s Markets 7/11/08
Friday, July 11th, 2008* Asia: Japan’s Nikkei closed down 0.2% to 13,040. Shanghai was down 0.65% to 2,857. Hang Seng closed up 1.7% to 22,185. BSE Sensex was down 3.3% to 13,470.
* Europe at midday: London -0.9%. Paris -1.4%. Frankfurt -1.4%.
* U.S. futures at 7:15: Dow -0.8%. S&P -1%. Nasdaq -0.8%. Crude +2.5% to $145.16. Gold +0.8% to [...]
Today’s Markets 7/09/08
Wednesday, July 9th, 2008* Asia markets climbed Wednesday. Nikkei +0.15% to close at 13,052. Hang Seng +2.8% to 21,806. Shanghai +3.75% to 2,921. BSE +4.6% to 13,964.
* In Europe, markets are broadly higher at midday. London +1.2%. Paris +1%. Frankfurt +0.95%.
* Futures at 7:15 are just around where they closed yesterday. Dow -0.02%. S&P -0.18%. Nasdaq -0.08%.
* Crude [...]
Whats Happening On Wall Street 7/09/08
Wednesday, July 9th, 2008# YouTube ad revenue on pause. Generating revenue from YouTube is proving a challenge for Google (GOOG), as big advertisers are reluctant to commit to major ad deals over fears their products will be showcased next to low-grade amateur videos. Sources say 2008 revenue of $200M is short of the company’s expectations. Outside of YouTube, [...]
Today’s Markets 7/03/08
Thursday, July 3rd, 2008* Asian markets were largely in the red Thursday: Nikkei -0.16% to 13,265. Hang Seng -2.13% to 21,243. BSE -4.18% to 13,094. Shanghai +1.95% to 2,704.
* Europe at midday: London -0.6%. Paris -0.65% Frankfurt -0.8%. Stockholm -2.15%.
* U.S. futures: Dow -0.04%. S&P +0.04%. Nasdaq -0.37%.
* Oil breached $145 for the first time in overnight trading, [...]
Whats Happening On Wall Street
Thursday, July 3rd, 2008# Job cuts, $1.3B charge at American Air. American Airlines (AMR) is cutting almost 7,000 jobs (8% of its workforce) and will take a $70M charge to cover severance costs and a $1.2B non-cash charge to reduce the value of its parked aircraft. Analysts say similar charge-offs are likely at peer carriers. American will reduce [...]
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