Can't Wait for Earnings to Start
The market has done a nice job of walking back to flat after the weak open, but this action is just plain boring. The small-cap indices are doing very well, which is a good sign, but there isn't much speculative action. The big excitement is a potential Dell (DELL) buyout and Facebook's (FB) announcement of a search function. Whoopee.
The good news is that earnings season kicks off tomorrow with reports from Goldman Sachs (GS), JPMorgan Chase (JPM) and a couple of others. Then we will have significant reports for the next few weeks. I'm not sure if earnings will produce a positive or negative bias, but at least we should see some movement and tradable action in individual stocks....60 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.