Q4 earnings are finished and boy was it a disaster. Total net income fell 20% in 2008. The devastation was broad based and expected to worsen in 2009. Analysts are [ … ]
Tag: Earnings
THE FOUR LIDS ON THIS MARKET
Four topics continue to dominate the market action. In my opinion, the market is destined to remain range bound or under pressure until we get some clarity on the these [ … ]
EARLY EARNINGS ANALYSIS
15% of the S&P 500 has reported as of the 26th of January. So far, profits are down 64% year over year with the majority of the losses coming from [ … ]
HOW BAD IS THE PFE/WYE DEAL?
Pfizer CEO Jeff Kindler must have a case of the Ken Lewis’s because he just made a terrible acquisition. Pfizer has become nothing more than a big boring Pharmaceutical firm [ … ]
LIGHT AT THE END OF THE TUNNEL?
My expectation ratio is one of my preferred stock market indicators. In essence, it is made up of several earnings related components and compared to analysts expectations. This makes it [ … ]
ROUBINI: “SUCKER’S RALLY OVER”
Nouriel Roubini is as bearish as ever. For a few weeks since late November, equity markets ignored the onslaught of much-worse-than-expected macro news (and all the news was really worse [ … ]
BECOMING A BIT MORE CONSTRUCTIVE
The S&P 500 is down a swift 9.85% since my warning on the 6th that the market was getting too complacent. Earnings headwinds and bank concerns have resulted in very [ … ]
CREDIT INDICATORS IMPROVING
By just about any metric, we’ve seen a drastic improvement in the credit crisis indicators. The corporate bond market has found a bid in recent weeks, the TED spread is [ … ]
MAULDIN ON 2009
As I have said here before, Mauldin is one of the best. If you don’t read his stuff you should. You’ll find an excerpt below and the link to the [ … ]