What? The Weather???? Yeah, That’s It!

February 15, 2011

Have you seen the latest reason that we should discount anything that is not up to analyst expectations? The Weather…

Yes, the cold weather is being blamed for everything and investors are happy to give a pass on the latest datapoint.

Just look at Fedex (FDX) today. It announced that their a trimming guidance by up to 40% (considering the old “top and new “bottom”). Yet the stock is up by 2%!!!!

The German Zew index came in much lower than was expected Read more

Written by Andrew Horowitz · Filed Under Economy, Markets | 121322 Comments2011-02-15+16%3A41%3A24Andrew+Horowitz

Links and Reading for February 14th

February 14, 2011

Some of the more interesting and important items for February 14th :

Microsoft CEO promises better Windows Phone – Yahoo! Finance – BARCELONA, Spain (Reuters) – Microsoft Corp Chief Executive Steve Ballmer promised a Windows Phone update soon with more powerful Web graphics, and said new partner Nokia would supply "absolutely phenomenal" handsets.
AP Source: GM hourly workers get $4,000 bonuses – Yahoo! Finance – DETROIT (AP) — General Motors Co. will pay more than $189 million in profit-sharing to 48,000 U.S. hourly workers and millions more in performance bonuses to salaried employees, according to company documents obtained by The Associated Press.
Egypt Plans Stimulus to Revive `Sudden Stop’ Economy – Bloomberg – Ashraf Abdel-Wanis had plenty of reasons to join tens of thousands of fellow Egyptians in their successful push to oust President Hosni Mubarak. At 39, he last worked five years ago in a sugar factory and now gets by mainly on his wife’s $50 monthly salary and his mother’s pension.
Online Video Viewing Jumps, Bolstering Netflix – WSJ.com – Internet-video viewing data for January show Netflix Inc. building substantial momentum with its paid streaming video service, which has become a disruptive force in the TV and film industry as consumers migrate online.<br />
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Netflix was No. 1 by a wide margin for time spent per viewer on its streaming site, which was up 23% from December to over 11 hours.
FedEx Cuts Q3 EPS View – Quick Facts – The company now expects adjusted earnings in the range of $0.70 to $0.90 per share for the third quarter ending February 28, compared to previous guidance range of $0.95 to $1.15 per share.

Written by Andrew Horowitz · Filed Under Recent Reads | 12137Leave a CommentLinks+and+Reading+for+February+14th2011-02-14+23%3A00%3A09Andrew+Horowitz

Links and Reading for February 14th

February 14, 2011

Some of the more interesting and important items for February 14th :

500 Internal Server Error – 500 Internal Server Error
500 Internal Server Error – 500 Internal Server Error
Fed’s Warsh Quits; Bernanke Adviser Questioned QE2 – Bloomberg – Federal Reserve Governor Kevin Warsh, who was one of Chairman Ben S. Bernanke’s closest financial-crisis advisers before becoming the only governor to question the expansion of record monetary stimulus in November, resigned after five years at the central bank.
Ex-SAC Employees Are Charged in U.S. Insider Probe – Bloomberg – Former SAC Capital Advisors LP junior portfolio managers Noah Freeman and Donald Longueuil were accused of insider trading while working at the $12 billion hedge fund, the latest round of charges stemming from a nationwide crackdown by federal prosecutors.
Ex-SAC Employees Are Charged in U.S. Insider Probe – Former SAC Capital Advisors LP junior portfolio managers Noah Freeman and Donald Longueuil were accused of insider trading while working at the $12 billion hedge fund, the latest round of charges stemming from a nationwide crackdown by federal prosecutors.

Written by Andrew Horowitz · Filed Under Recent Reads | 12099Leave a CommentLinks+and+Reading+for+February+14th2011-02-14+11%3A00%3A12Andrew+Horowitz

TDI Podcast 199: When to Buy, When to Sell – Terry Bedford

February 13, 2011

Guest: Terry Bedford, Bedford Associates once again provides a very simple strategy. Watch the move, listen to the beat, close out all other thoughts. Where is the market headed and how to hedge are some of the areas that we touch on. Andrew provides some addition insight into the Middle East situation and what is brewing in Read more