Steve Jobs has come out an blamed a Hedge Funds for spreading rumors about his health. He blames this fund or funds for bashing his health as a way to get Apple's ( AAPL ) stock price down.
Hedge Funds short Apple ( AAPL ) stock make money when the stock price falls vs when they go long a stock and make money when the the rises.
Showing posts with label 9/09/08. Show all posts
Showing posts with label 9/09/08. Show all posts
Tuesday, September 9, 2008
Lehman ( LEH ) S&P Credit Watch Negative - S&P Puts Lehman LEH on Credit Watch Negative
S&P just came out and put Lehman Brothers on Credit Watch - Negative...... Lehman Brothers ( LEH ) stock price is now trading at $8.94 per share. Lehman earlier said they may preannounce earnings tonight.
Lehman ( LEH ) Earnings: LEH might preannounce earnings tonight 9/09
CNBC Charlie Gasparino is reporting that due to the plunge in stock price.....the company might come out and preannounce earnings tonight. LEH spiked about 10% on the news.....stay tuned!
Stock Market 9/09 Update - Stocks to Watch FSLR, LEH, AAPL
Today has been another interesting day....Lehman ( LEH ) is getting drilled, down 30%. I think this would be the last one to go and then the market can reverse for the long term. By last to go I mean, Bear Sterns ( BSC ) Fannie Mae ( FNM ) & Freddie Mac ( FRE ). If Lehman got taken over or bailed out.....the market can finally look forward instead of fearing the above companies and how it effects selling in the stocks they own. Look at GOOG, CHK, FSLR, ENER, AAPL.....these companies are getting sold off for no reason....and they do not bounce when the market goes up. These are good solid companies trade at fair valuations. Forced selling has the most to do with these stocks.
These are the stocks you will want to be trading....and when the market starts to turn, these will be your leaders as money will again flow back into them. You can add Mastercard ( MA ) and Visa ( V ) in this bunch as well.
First Solar will break back to the upside when it breaks $208......ENER when it breaks back over $56.50....keep in eye on these for some nice swing trades!
These are the stocks you will want to be trading....and when the market starts to turn, these will be your leaders as money will again flow back into them. You can add Mastercard ( MA ) and Visa ( V ) in this bunch as well.
First Solar will break back to the upside when it breaks $208......ENER when it breaks back over $56.50....keep in eye on these for some nice swing trades!
July 2008 Home Sales - Pending Home Sales for July 2008 - 9/09/08
This morning July 2008 Pending home sales are out.
Pending home sales were down 3.2% from June 2008 and down 6.8% from July 2007.
To look at upcoming economic events... visit http://blackberrystocks.com
Pending home sales were down 3.2% from June 2008 and down 6.8% from July 2007.
To look at upcoming economic events... visit http://blackberrystocks.com
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