Articles

As I surveyed the carnage from last week’s market drop, I tried to focus on those stocks that actually moved up. Of these, the most interesting to me are CVTX, BSX, and ISRG. I have written about the first two before, so I will be brief here.

It is hard to imagine Google going substantially further and more imaginatively than it has already. It is hard to imagine Google’s shares going much higher. But, Google is on a course that will take it to another level entirely, and its share price – as a consequence – will continue to soar. It is more than likely that we will see Google shares going for $1,000 in the next three to six months.

Google could easily lose half of its market value without a real stock market crash - here is why.

Cody Willard is getting his big break with Fox Business Channel but he seems so ill-equipped to be providing any level of financial commentary.

We will never know if Caterpillar's Q3 result caused today's crash, but the stock was among the biggest Dow losers. I can't figure out why everyone is so scared.

Joe Torre turned down an offer to stay with the Yankee's for $5 million, with the possibility of making an additional $3 million in bonuses if his team reached the World Series.

Wachovia today reported pretty much the same as other banks, lower earnings due to turbulence in the credit markets. It missed analysts expectations due to a $1.3 billion write down from bad loans and mortgage related products. McDonald's on the other hand reported stellar earnings and profits. What does this say?

October 19, 1987 was the real thing. Today, 20 years to the second, the markets' extreme declines are just the reaction of the children pushing buttons and the superstition of not very intelligent people. Just listen to CNBC and all the talking heads helping to push the markets even further as they join the panic. But, this will not be 1987, and Monday things will be much better after the children party and rest over the weekend.

SanDisk reported last night. Their results were fantastic, yet the stock barely traded up. This morning, it is down big. What gives?

Holy Hell, oil just topped $90 a barrel in after-hours electronic trading. Will we feel the pain?

The Google machine continues to gain momentum. The company beat analysts expectations and profit rose 46% in the last quarter. Can anything stop them?

Ebay's results were spectacular. The stock is a buy.

Countrywide's stock traded very oddly today, as if someone knew something. I bet they did.

How many times have you said to yourself, why didn’t I invest in that when the opportunity was ripe? The kind of thing most of us have said about the internet in general or Google or Microsoft or Berkshire Hathaway. Looking back, with the advantage of hindsight, so many investment opportunities seem so obvious. There is one now, that many have already become wealthy from, that remains an amazingly attractive opportunity. And, it is not a discovery; it is simply one of the best and most obvious long positions one could have at this time. No surprise – it is OIL.

Regardless of whether it is a bubble, it is quite extraordinary to see these kinds of moves.