Posted by 30 March 2007

Time is on the Trader’s Side

Michelle B submits: Having read a few comments at trading blogs—OK, I have read zillions—I have encountered more often than not, a frenzied, harried, stressful approach to time when one is trading. Some feel the demonic pressure crushing them as soon as the market opens; others feel enervated by its demands needling and pinpricking them [...]

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Posted by 2 December 2004

Intel Raises Guidance!

I was all ready to write about all the shooting stars made today but Intel has launched the market (Nasdaq) into orbit and obliterated the shooting stars. This will finally get the SOX moving away from its 200-day moving average. It may be a wild one tomorrow if the jobs report is decent. (Duru nailed [...]

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Posted by 8 October 2004

More NFLX drama

NFLX has now essentially closed that gap from the earlier “good” earnings news. In honor of Mike, I thought I would drop a mandatory “NFLX presents yet another example of how dangerous it can be to chase stocks that gap up in the morning.” But I must also extend an olive branch to the NFLX [...]

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Posted by 13 July 2004

This is Why I Don’t Hold Stocks Through Earnings Reports

As you know I was long ADTN for a few days recently but sold it because they were due to report earnings. The reason I get out ahead of earnings is that I have no clue what the company is going to say nor, more importantly, how the market will react to what they say. [...]

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Posted by 17 July 2003

Didn’t Microsoft Miss Their Estimates?

I was just looking through some headlines when these popped out at me: Microsoft misses earnings expectation and Microsoft Posts Higher Profit but Falls Short of Expectations. I was surprised to see that because all I heard earlier in the day was how good Micrsoft’s numbers were. Even now the vast majority of the headlines [...]

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