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January 25, 2011
Coming from davos. lets catch up on whats been happening on the stock market around the world. in europe, and this is where they stand. fairly quiet day. the london ftse, slightly in the red. the other three markets just slightly in the green. despite the fact that it was a pretty strong finish on wall street overnight. investors got local numbers to digest. in uk, gdp data is due out in less than half an hour around they expect the uk economy to have slowed further. in germany, gfk consumer con...
January 24, 2011
Week. the dow jones surging 108 points. just shy of 12,000. investors moving away from momentum stocks into large cap names as the dow hits that 2 1/2 year high. alcoa among the blue chip leaders has ceo predicted strong demand from asian countries. intel shares adding 2% on usable increase stock. after posting solid earnings a couple of weeks ago. aig moving higher. ceo said he has a good prognosis from his doctors as he battles cancer. molycorp will finance its california mine. american expres...
Unknown Date
This country. cisco plunging after they said that it would slash 1,300 jobs. and along cops ups and dupont posting earnings at missed estimates. why? each blaming a weak global economy. and to add to this, at&t saying their sales fell short. guess why? the weak global economy. so, over to our market watcher would feels we are looking at a full-scale recession. this is a pattern. >>guest: i picked the wrong week to quick smoking that is for sure. listen, you talked about earnings reports. and, ye...