The Week Ahead: Earnings Schmearnings
Last week was a tough one, as anyone affected by Hurricane Sandy would know. Power outages, gas shortages and long lines at the pump made the headlines, as did the shortened trading week in the U.S. market.
This aside, and turning to the market, it was a mixed week in terms of the earnings reports and economic data releases. The same held true for the three major market indices, as the S&P 500 finished the compressed trading week up modestly, while the Dow Jones Industrial Average and the Nasdaq Composite Index both fell slightly. Even the turnout for Apple's (AAPL) iPad mini launch was mixed, with some stores sporting crowds while others saw modest lines. ...1054 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.