12:40pm (EST) Is it me or does it feel like we are watching paint dry? In what should have been an easy grand-slam today, the Dow is having trouble punching through that 10,000 point brick wall. We got a strong pop and then lost some of the fizz shortly after the market
Are We There Yet?
Nike Beats Estimates, Stock Up
9:00am (EST) Nike (NKE, $63.90, up $3.81) is up over 6% in pre-market trading after beating Wall Street’s estimates on Tuesday. For the quarter, the company earned $513 million, or $1.04 a share, versus $511 million, or $1.03 a share, in the year-ago period. Analysts were looking for Nike to earn 97 cents a
Weekly Wrap for 9/27/09
11:40 pm (EST) Market Commentary The bears finally made some noise last week as they sent the market down 2%, on average. The bulls were making a run at Dow 10,000 and by Wednesday the index rallied to a high of 9,937 shortly after the Fed news. That is exactly when the
The Bulls Are Back In Town
1:45pm (EST) Sometimes the writing is on the wall. Make that…sometimes the writing is on the Blog. For those of you who have signed on this week, I do a Weekly Wrap on Sunday nights and in the 7/19 issue, I had this to say: “With the