Page 3 - Rick Hamada News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Points, nasdaq advancing. 39 . Yep, i thought id never say this again, but this market is being, are you sitting down, are you in front of your tv set, your laptop, desk top, mobile phone, sit down because the strength is from overseas. Thats right. R. O. W. , the rest of the world and not a moment too soon. Its time to face some facts, people. While the economy of the United States is slowly grinding, getting a little better, not so fast we lose the feds help as we learned again today with another fed head saying good things, the economics overseas have truly started percolating and they have...

In charge. And they were behind whatever lift we had today, dow stayed flattest, we gained. 17 , nasdaq was up. 52 . I say we take nerd roll call at the top of the show so you know exactly what i mean. I got ten nerds. Dowdy leftfordead companies that people didnt care about anymore because theyre wall flowers or boring cheap stocks that have fallen totally out of favor. These are the stocks that wear pocket protectors and wing tips. Okay. They have their own nonanimal house. The name of their fraternity . Its not fhi slam ma jama, its phi beta kappa. Consider the chief nerd apple. This compan...

Difficult gauntlet in order to go higher, and so far, this earnings season, most companies have failed that gauntlet. Thats the only reason to give up. And certainly no reason to panic. Because there are still winners out there. Its that there are fewer, and, yes, they have become much, much harder to find. So with that in mind what is your game plan for next week. First, burger king reports on monday morning. Are there really burger wars going on. Mcdonalds losing shares. Is burger king having mcdonalds its way . You know something . I dont care about burger king itself. I know something is w...

Pulled under by the shakespearean tragedy that is apple. How can we keep going higher with the disarray in washington . The higher payroll taxes, and the general sense that the economys not getting any better. Is it . The answers simple. Why you may not think the overall economy is Getting Better, youre missing the big picture, partner. If you were to ask me to game the market using just one figure, one figure only, it wouldnt be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s p, it would be the weekly jobless claims. The weekly jobless ...

Things are actually better than we thought. That realization makes someone pay more for companies. And it makes us willing to do stuff. Hence this markets amazing powers of levitation. However, were still also in the middle of earnings season. Only 30 of a lot of the earnings i follow are done and that means its dangerous times. A time when its going to be so dangerous to shoot first and ask questions later that weve got to go over a game plan that i think will allow you to navigate things. Its a game plan for next week and ill remind you again that before i pull the trigger on a stock you sti...