LANGE FINANCIAL SERVICES. MARKET UPDATE SUNDAY APRIL 24, 2011. 7:00PM This week, 186 companies in the S&P Index of 500 companies will report their quarterly earnings. This will mark the end of this very profitable earnings period. Last year, the market peaked on April26th, followed by a three-month Consolidation/Correction period into July/August 2010. From that time, we have issued repeated…
On January 25, 2010 we made a blog post with individual stock recommendations from Lange Financial Services. I have posted an excerpt from the actual post below. LFS recommended cloud computing companies: Salesforce (CRM), VMware (WMW) and and F5Network (FFIV) for trading accounts. Both stocks had declined sharply at the time of the post. The shares are now up well…
UPDATE. VERIZON Just announced a special event in NYC on 1.11.11 at 11:00 am. Apple shares just went to 337.68 after the close. Verizon iPhone! ?? Next week earnings season will officially kick off with reports from Alcoa (AA), Intel (INTC), and JPMorgan (JPM). On the economic front, watch for the release of PPI, CPI, and Michigan Sentiment. Across the…
I was just speaking with Fred from Lange Financial Services about the markets and expecially Apple. He brought to my attention that he simply does not agree with these “experts” and “analysts”, and their skepticism and warnings about APPLE and the magic $300 Billion Market Cap as being overvalued. He pointed out some historical issues below along with current day…
Trading action should pick up next week as trading desks will be full for the first week of the year. On the economic front, watch for the ISM Index, FOMC Minutes, ISM Services, and Non-farm payrolls. Earnings season won’t pick up until the following week but look for reports from Mosaic (MOS) and Monsanto (MON). Monday, January 3 US Economics…
Wishing all the visitors to the site a Very Merry Christmas and Happy Holidays. We are looking forward to helping all navigate the markets and other financial, economical, and political issues as best we can in 2011 and beyond. Thank you all for visiting and reading what is posted. Having created and constantly updating this site this is a labor…
Brokerages Will Have to Tell IRS What Investors Paid for Stocks. Dec. 21 (Bloomberg) — Investors who forget what they paid for shares of stock will get help starting next year, courtesy of the Internal Revenue Service. That’s when the U.S. tax-collection agency will require brokerages to track the cost basis on equities bought after Jan. 1, and send taxpayers…
Monday there will be dual POMO days as the Fed will pump of $18 bln into the market. On the earnings front watch for reports from Jefferies (JEF), Adobe (ADBE), Nike (NKE), Walgreen (WAG) and Carmax (KMX). Monday, December 20 US Economics No Economic Releases Global Economic Data Bank of Japan Monetary Policy Meetings German Producer Prices Euro-Zone Consumer Confidence…
Sorry for the delay in the post. Was traveling home. Monday, December 13 US Economics No Economic Releases Global Economic Data China CPI 4.7% cons. China Fixed Asset Investment Urban 24.4% cons. China Industrial Production 13.0% cons. China Producer Price Index 5.1% cons. New Zealand Retail Sales 1.6% cons. Earnings Before: After: FCEL POMO Schedule Treasury Coupon Purchase: 6/30/2016-11/30/2017: $7-9…
Written by Wall And Broad Report Wednesday, 01 December 2010 14:58 Below you will see a report issued yesterday by Citigroup Global Markets. The goal here is to discuss the KEY POINT to help investors know what we are thinking in interpretating the report and possibly use it to their investing advantage. CITI has increased their outlook on the earnings…
Email to Fred and Warren: FRED: AS YOU HAVE BEEN SAYING ALL ALONG, AND WARREN MOSLER TOO, THE ECONOMY IS DOING BETTER LITTLE BY LITTLE AND NOT WORSE. THIS IS PROVEN MORE AND MORE EACH DAY. WITH ALL THE CASH OUT THERE, AND TRILLION + OFFSHORE, AND REPUBLICANS WITH GRIDLOCK, THE THEME IS STILL ON. BERGE WAS ALWAYS SAYING ”…
The markets have just increased to new two plus year highs on the DOW, S&P 500, and NASDAQ since we made the decision and ‘call’ to go long after the June and July lows in 2010. As the markets are up on average of 15+ or so percent since then, in line with our expectations, its always good to ”…
Monday, July 26 US Economics 10:00 New Home Sales 338k cons. Global Economic Data No Releases Earnings Before: ACV, BOH, BWP, CRNT, ROP, SVVS, SOHU After: AAN, ALB, ACL, ACGL, CF, CR, CTS, HMA, JEC, LF, LM, LOCM, MSPD, PEET, RRC, SONO, UHS, VECO, VLTR, ZRAN Auction 11:30 3-Month Bill 11:30 6-Month Bill Tuesday, July 27 US Economics 09:00 Case-Shiller…
I think the market is still looking OK here . We had some bad numbers this morning and all it could do was sell off down a percent or so, after being up 7+ percent in a week. In discussing things with Warren Mosler, who if you read this site, gave a strong buy of the EURO an 1.185 and…