The sharp reversal in the crude oil and stock market has weakened the short-term outlook for both markets. read »
CFA Institute
May 11, 2011
Can you remember the last time you stayed up late watching a movie while you should have been asleep? You weren’t wasting your time. In fact; you may have gained some insights into managing your portfolio. In case you missed them, here are 10 kernels of wisdom from Hollywood classics. 10. [...] read »
Great Speculations
Today’s tickers: SHPGY, ODP, SKX & GNW read »
Kohl’s Corporation (KSS) is preparing to step into the earnings spotlight before the market opens on Thursday, May 12. The discount department store operator is expected to report earnings of 72 cents per share, according to a consensus of analysts reported by Zacks. This estimate marks an improvement over the firm’s profit of 64 cents per share for the same period a year ago. read »
The carnage in the commodity markets was not limited to small speculators, as one $2.4 billion hedge fund reportedly lost $500 million on their long crude-oil position last week. read »
As I noted here, the Tax Court is telling the IRS loud and clear to stop being stingy with innocent spouse relief. Everyday, it appears the Tax Court is taking its scalpel to the IRS’s arguments. Finally, the IRS is listening. read »
Semiconductor companies are poised for a breakout, which could be exactly what the techs need to begin the next push forward. Here, I discuss a sector ETF and two component firms that could lead the charge. read »
Great Speculations
Today’s tickers: DIS, SNY, DELL, HTZ & GT read »