BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Valero Energy: Hold shares ]]>http://www.bloggingstocks.com/2009/11/03/valero-energy-hold-shares/http://www.bloggingstocks.com/2009/11/03/valero-energy-hold-shares/http://www.bloggingstocks.com/2009/11/03/valero-energy-hold-shares/#commentsFiled under:

For now, I'm placing a Hold on Valero Energy Corp. (NYSE: VLO) shares, first recommended on April 20, 2009 at a price of $20.08.

Valero, the largest, independent refiner in North America, continues to underperform, as a result of the decline in demand for refined products triggered by the recession.

Continue reading Valero Energy: Hold shares

Valero Energy: Hold shares originally appeared on BloggingStocks on Tue, 03 Nov 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>VLOTue, 03 Nov 2009 15:00:00 EST<![CDATA[Before the bell: Futures waver ahead of economic reports, more earnings]]>http://www.bloggingstocks.com/2009/10/27/before-the-bell-futures-waver-ahead-of-economic-reports-more-e/http://www.bloggingstocks.com/2009/10/27/before-the-bell-futures-waver-ahead-of-economic-reports-more-e/http://www.bloggingstocks.com/2009/10/27/before-the-bell-futures-waver-ahead-of-economic-reports-more-e/#commentsFiled under: , , , , , , , ,

U.S. stock futures drifted higher Tuesday morning, pointing to a somewhat flat beginning on Wall Street this morning after yet another sell-off day Monday despite a series of strong earnings releases. Investors await several economic releases due out this morning, including housing and consumer confidence, looking for direction.

Economic releases this morning include September durable goods orders at 8:30 a.m. Eastern, which is expected to have risen. At 9 a.m., the August Case-Shiller Home Price Index is due out. Prices are expected to have continued their slide. At the same time, October's Conference Board reading on consumer confidence will be released. Economists expect confidence has improved slightly.

Continue reading Before the bell: Futures waver ahead of economic reports, more earnings

Before the bell: Futures waver ahead of economic reports, more earnings originally appeared on BloggingStocks on Tue, 27 Oct 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Tue, 27 Oct 2009 07:45:00 EST<![CDATA[Valero Energy has underperformed, but stick with the refiner]]>http://www.bloggingstocks.com/2009/08/14/valero-energy-has-underperformed-but-stick-with-the-refiner/http://www.bloggingstocks.com/2009/08/14/valero-energy-has-underperformed-but-stick-with-the-refiner/http://www.bloggingstocks.com/2009/08/14/valero-energy-has-underperformed-but-stick-with-the-refiner/#commentsFiled under: ,

Valero Energy (NYSE: VLO) has underperformed, but I'm nevertheless Reiterating my Buy rating for the company, first recommended on April 20, 2009 at a price of $20.08. Here's why:

True, gasoline demand has lagged due to the recession, but that trend is expected to end, as lay-offs decline with the U.S. economic recovery.

Continue reading Valero Energy has underperformed, but stick with the refiner

Valero Energy has underperformed, but stick with the refiner originally appeared on BloggingStocks on Fri, 14 Aug 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsstockstobuyvloFri, 14 Aug 2009 14:00:00 EST<![CDATA[Earnings highlights: Coach, Corning, Goodyear, Visa, Waste Management ...]]>http://www.bloggingstocks.com/2009/08/01/earnings-highlights-coach-corning-goodyear-visa-waste-manag/http://www.bloggingstocks.com/2009/08/01/earnings-highlights-coach-corning-goodyear-visa-waste-manag/http://www.bloggingstocks.com/2009/08/01/earnings-highlights-coach-corning-goodyear-visa-waste-manag/#commentsFiled under: , , , , , , , , ,

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Coach, Corning, Goodyear, Visa, Waste Management ...

Earnings highlights: Coach, Corning, Goodyear, Visa, Waste Management ... originally appeared on BloggingStocks on Sat, 01 Aug 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Alcatel-LucentALUCoachCOHCorningearningseHealthEHTHGLWGoodyearGTJAKKJAKKS PacificLevel 3NetSuiteRightNowRNOWTaserTASRTime WarnerValeroVisaVLOWaste ManagementWMISat, 01 Aug 2009 15:40:00 EST<![CDATA[Cramer on BloggingStocks: ETF-ization of oil stocks makes everything equal ]]>http://www.bloggingstocks.com/2009/07/30/cramer-on-bloggingstocks-etf-ization-of-oil-stocks-makes-everyt/http://www.bloggingstocks.com/2009/07/30/cramer-on-bloggingstocks-etf-ization-of-oil-stocks-makes-everyt/http://www.bloggingstocks.com/2009/07/30/cramer-on-bloggingstocks-etf-ization-of-oil-stocks-makes-everyt/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says the stocks seem to move in lock step despite varying degrees of success.

Oils are not equal, even though they trade together. This morning Shell (NYSE: RDS.A) (Cramer's Take) reported profits down 67%, which is 15 points more than BP (NYSE: BP) (Cramer's Take), and this matters. Conoco (NYSE: COP) (Cramer's Take) was just disastrous, down 76%, with the worse combination of bad refining and horrid natural gas numbers. Yet they are all pretty much treated equally. Meanwhile, Chevron (NYSE: CVX) (Cramer's Take) gave you a 4.6% increase in the dividend, something they hinted they could do because of the great growth of output that is hitting now. Reserves are growing.

I am hoping that these become de-ETF'd, meaning that they can trade on their own so stock-picking matters again. That's what's happening, for example, with the banks, where a different kind of reserves is distinguishing the players.

Continue reading Cramer on BloggingStocks: ETF-ization of oil stocks makes everything equal

Cramer on BloggingStocks: ETF-ization of oil stocks makes everything equal originally appeared on BloggingStocks on Thu, 30 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bpcopcvxfeaturedjim cramerJimCrameroilrds.avloThu, 30 Jul 2009 10:00:00 EST<![CDATA[Closing Bell: Profit-taking leaves the markets directionless (BAC, COH, GOOG, USU, VLO, V)]]>http://www.bloggingstocks.com/2009/07/28/closing-bell-profit-taking-leaves-the-markets-directionless-ba/http://www.bloggingstocks.com/2009/07/28/closing-bell-profit-taking-leaves-the-markets-directionless-ba/http://www.bloggingstocks.com/2009/07/28/closing-bell-profit-taking-leaves-the-markets-directionless-ba/#commentsFiled under: , , , ,

Today was a dud from the start as profit takers were in there unloading gains as the impatient buyers try to gradually build positions in stocks they feel they have missed. For an earnings season trading day, this was a low-impact day. There was some negative consumer confidence data, but the Case-Shiller data showed signs that home prices are stabilizing.

Here are today's unofficial closing bell levels:

Dow 9,096.42 -12.09 (-0.13%)
S&P 500 979.60 -2.58 (-0.26%)
Nasdaq 1,975.51 +7.62 (0.39%)

Top Upgrades and Downgrades

Continue reading Closing Bell: Profit-taking leaves the markets directionless (BAC, COH, GOOG, USU, VLO, V)

Closing Bell: Profit-taking leaves the markets directionless (BAC, COH, GOOG, USU, VLO, V) originally appeared on BloggingStocks on Tue, 28 Jul 2009 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>centrifuge plantCentrifugePlantjohn morrisJohnMorrisnuclear energyNuclearEnergyusecUSUTue, 28 Jul 2009 16:10:00 EST<![CDATA[Before the bell: Futures edge lower ahead of housing data, more earnings]]>http://www.bloggingstocks.com/2009/07/28/before-the-bell-futures-edge-lower-ahead-of-housing-data-more/http://www.bloggingstocks.com/2009/07/28/before-the-bell-futures-edge-lower-ahead-of-housing-data-more/http://www.bloggingstocks.com/2009/07/28/before-the-bell-futures-edge-lower-ahead-of-housing-data-more/#commentsFiled under: , , , , , , , , , , , ,

U.S. stock futures declined Tuesday morning after managing to close higher on Monday to extend the remarkable rally in the markets in the last two weeks. Today, more earnings are on tap, and investors will also focus on housing data coming out before the opening bell. Finally, there is a hearing about the energy trading that would be of interest to investors.

What on many investors' minds these past recent days is how long will the rally continue. The market, on Monday, on the one hand showed resilience following some disappointing earnings and pressures from sellers trying to cash in profits. On the other hand, the surprise climb in housing sales perhaps should have triggered a more convincing positive performance. While no doubt some would want to take some profit of the table in the coming days, more positive news from corporate results to economic data indicating a better third quarter could sustain markets.

Continue reading Before the bell: Futures edge lower ahead of housing data, more earnings

Before the bell: Futures edge lower ahead of housing data, more earnings originally appeared on BloggingStocks on Tue, 28 Jul 2009 07:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Tue, 28 Jul 2009 07:40:00 EST<![CDATA[Options Update: Valero Energy volatility low into EPS, production rates and $68 oil]]>http://www.bloggingstocks.com/2009/07/27/options-update-valero-energy-volatility-low-into-eps-productio/http://www.bloggingstocks.com/2009/07/27/options-update-valero-energy-volatility-low-into-eps-productio/http://www.bloggingstocks.com/2009/07/27/options-update-valero-energy-volatility-low-into-eps-productio/#commentsFiled under: ,

Valero Energy (NYSE: VLO) closed at $18.31. VLO is expected to report Q2 EPS on July 28. Crude oil futures are recently up 0.82% to $68.61. VLO August call option implied volatility is at 38, puts are at 43; below its 26-week average of 61, according to Track Data, suggesting decreasing price movement.

MGM Mirage (NYSE: MGM) closed at $7.73. MGM is expected to report Q2 EPS on August 3. August option implied volatility is at 83; September is at 87; below its 26-week average of 110, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Valero Energy volatility low into EPS, production rates and $68 oil originally appeared on BloggingStocks on Mon, 27 Jul 2009 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>MGM MirageMgmMirageoption implied volatilityOptionImpliedVolatilityMon, 27 Jul 2009 08:30:00 EST<![CDATA[Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more ]]>http://www.bloggingstocks.com/2009/06/06/earnings-highlights-google-kkr-krispy-kreme-williams-sonoma/http://www.bloggingstocks.com/2009/06/06/earnings-highlights-google-kkr-krispy-kreme-williams-sonoma/http://www.bloggingstocks.com/2009/06/06/earnings-highlights-google-kkr-krispy-kreme-williams-sonoma/#commentsFiled under: , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more

Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more originally appeared on BloggingStocks on Sat, 06 Jun 2009 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AETAetnaCIENCienaCollective BrandsearningsGESGOOGGoogleGuessHOVHovnanianKKDKKRKrispy KremeLGFLions GatePSSUCBHValeroVLOWilliams-SonomaWSMSat, 06 Jun 2009 12:10:00 EST<![CDATA[Closing Bell: When green shoots turn to blooms (AAPL, BAC, COST, GS, VLO)]]>http://www.bloggingstocks.com/2009/06/04/closing-bell-when-green-shoots-turn-to-blooms-aapl-bac-cost/http://www.bloggingstocks.com/2009/06/04/closing-bell-when-green-shoots-turn-to-blooms-aapl-bac-cost/http://www.bloggingstocks.com/2009/06/04/closing-bell-when-green-shoots-turn-to-blooms-aapl-bac-cost/#commentsFiled under: , , , ,

Today was looking like a fairly quiet day with no solid direction, but the green shoots crowd got some actual good news on the jobs front. This was the first report since once in January where the massive army of continuing jobless claims actually fell. We also saw a positive report showing positive CEO Sentiment again for the month of May. Here were today's unofficial closing bell levels:

Dow 8,750.24 +74.96 (0.86%)
S&P 500 942.46 +10.70 (1.15%)
Nasdaq 1,850.02 +24.10 (1.32%)

Top Analyst Upgrades
Top Analyst Downgrades

Continue reading Closing Bell: When green shoots turn to blooms (AAPL, BAC, COST, GS, VLO)

Closing Bell: When green shoots turn to blooms (AAPL, BAC, COST, GS, VLO) originally appeared on BloggingStocks on Thu, 04 Jun 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adultvestangelo moziloAngeloMoziloBernsteinceo sentimentCeoSentimentiPornjobless claimsJoblessClaimsThu, 04 Jun 2009 16:00:00 EST<![CDATA[Closing Bell: When complacency becomes concerning (AET, AIG, JBLU, TIVO, VLO)]]>http://www.bloggingstocks.com/2009/06/03/closing-bell-when-complacency-becomes-concerning-aet-aig-jbl/http://www.bloggingstocks.com/2009/06/03/closing-bell-when-complacency-becomes-concerning-aet-aig-jbl/http://www.bloggingstocks.com/2009/06/03/closing-bell-when-complacency-becomes-concerning-aet-aig-jbl/#commentsFiled under: , , ,

Today was one of those days where stocks looked lower early in the morning, traded lower, and stayed there. Despite recovering from triple-digit losses in the DJIA earlier on, we still closed down 65.63 at 8.675.24 on the DJIA.

The S&P took a bigger hit by almost 13.00 at a lower level of 931.76. Bond prices rallied and we saw a 9 basis point drop in the 10-Year Treasury to 3.55%.

Here were today's top analyst upgrades, and there were several key downgrades as well.

Continue reading Closing Bell: When complacency becomes concerning (AET, AIG, JBLU, TIVO, VLO)

Closing Bell: When complacency becomes concerning (AET, AIG, JBLU, TIVO, VLO) originally appeared on BloggingStocks on Wed, 03 Jun 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>echostarpatent infringementPatentInfringementTIVOus district courtUsDistrictCourtWed, 03 Jun 2009 17:00:00 EST<![CDATA[Valero (VLO) issues woeful Q2 forecast]]>http://www.bloggingstocks.com/2009/06/03/valero-vlo-issues-woeful-q2-forecast/http://www.bloggingstocks.com/2009/06/03/valero-vlo-issues-woeful-q2-forecast/http://www.bloggingstocks.com/2009/06/03/valero-vlo-issues-woeful-q2-forecast/#commentsFiled under: , , , , , ,

VLO logoValero Energy (NYSE: VLO - option chain) stock is down big today after the company warned it expects to report a second-quarter loss of 50 cents per share. Analysts had forecast a profit of 74 cents per share. The company also said it plans to sell about 40 million shares of common stock to fund general corporate purposes and recent acquisitions. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on VLO.

This morning, VLO opened at $19.64. So far today the stock has hit a low of $18.50 and a high of $19.79. As of 11:25, VLO is trading at $18.75, down $3.63 (-16.2%). The chart for VLO looked bullish before today while S&P gives VLO a positive 4 STARS (out of 5) buy ranking.

Continue reading Valero (VLO) issues woeful Q2 forecast

Valero (VLO) issues woeful Q2 forecast originally appeared on BloggingStocks on Wed, 03 Jun 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>forecastinthenewsinvestors observerInvestorsObserveroptionsValero EnergyValeroEnergyVLOWed, 03 Jun 2009 13:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: MS, BBC, DOW, COST, VLO, WSM ... ]]>http://www.bloggingstocks.com/2009/05/11/analyst-upgrades-downgrades-and-initiations-ms-bbc-dow-cost/http://www.bloggingstocks.com/2009/05/11/analyst-upgrades-downgrades-and-initiations-ms-bbc-dow-cost/http://www.bloggingstocks.com/2009/05/11/analyst-upgrades-downgrades-and-initiations-ms-bbc-dow-cost/#commentsFiled under: , , , , ,

Analyst upgrades:

  • FBR Capital upgraded KBW, Inc (NYSE: KBW) to Market Perform from Underperform as it sees increased capital-raising opportunities for small and mid-sized banks and believes the company's quarter is off to a strong start. The firm raised its target price to $23 from $18.
  • Pali Capital upgraded Morgan Stanley (NYSE: MS) to Buy from Neutral on expectations the company's strategic shift towards advisory, distribution and retail will be monetized sooner than expected and its capital markets business is gaining traction. The firm set a $33 target on the stock.
  • Baird upgraded Stericycle (NASDAQ: SRCL) to Outperform from Neutral and raised its target to $58 from $55 based on valuation predictable earnings, and its market leading platform.
  • Apollo Investment (NYSE: AINV) was raised to Outperform from Market Perform at Keefe Bruyette.
  • HSBC Holdings (NYSE: HBC) was lifted at Goldman to Buy from Neutral.
  • Dow Chemical (NYSE: DOW) was upgraded to Outperform from Neutral at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: MS, BBC, DOW, COST, VLO, WSM ...

Analyst upgrades, downgrades and initiations: MS, BBC, DOW, COST, VLO, WSM ... originally appeared on BloggingStocks on Mon, 11 May 2009 11:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ainvcostcovcyoudowhbcjllkbwmsmumvsnsrclstmtleovlovnuswsmMon, 11 May 2009 11:50:00 EST<![CDATA[Options Update: Valero Energy and Schlumberger volatility low into EPS]]>http://www.bloggingstocks.com/2009/04/23/options-update-valero-energy-and-schlumberger-volatility-low-in/http://www.bloggingstocks.com/2009/04/23/options-update-valero-energy-and-schlumberger-volatility-low-in/http://www.bloggingstocks.com/2009/04/23/options-update-valero-energy-and-schlumberger-volatility-low-in/#commentsFiled under: , ,

Valero Energy (NYSE: VLO) closed at $20.50. VLO is scheduled to report Q1 EPS on April 28. Crude oil futures are recently up 1.51% to $49.59. VLO May option implied volatility of 63 is below its 26-week average of 73 according to Track Data, suggesting decreasing price movement.

Schlumberger (NYSE: SLB) closed at $46.23. SLB is scheduled to report Q1 EPS on April 24. May option implied volatility of 61 is below its 26-week average of 65, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Valero Energy and Schlumberger volatility low into EPS originally appeared on BloggingStocks on Thu, 23 Apr 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>option implied volatilityOptionImpliedVolatilityslbvloThu, 23 Apr 2009 10:00:00 EST<![CDATA[Valero Energy knows Americans are inseparable from their cars]]>http://www.bloggingstocks.com/2009/04/20/valero-energy-knows-americans-are-inseparable-from-their-cars/http://www.bloggingstocks.com/2009/04/20/valero-energy-knows-americans-are-inseparable-from-their-cars/http://www.bloggingstocks.com/2009/04/20/valero-energy-knows-americans-are-inseparable-from-their-cars/#commentsFiled under: ,

Readers of this space know that one of the preferred sectors has been the refining sector, with exclusions made for a few companies. Would that the United States (and much of the world, for that matter), transition to a next-generation propulsion system (natural gas, electric, fuel cell) quickly, but unfortunately that goal still looks a decade away, perhaps more. And that means refiners like Valero Energy (NYSE: VLO) will remain a force.

The market punished Valero in 2008 after refining margins narrowed substantially, but folks, we're talking gasoline in the United States here: gasoline refining margins can't (and didn't) contract for very long, and significant, additional margin improvement in seen in 2009.

Continue reading Valero Energy knows Americans are inseparable from their cars

Valero Energy knows Americans are inseparable from their cars originally appeared on BloggingStocks on Mon, 20 Apr 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>stocks to buyStocksToBuyValeroVLOMon, 20 Apr 2009 15:40:00 EST<![CDATA[Earnings highlights: Yahoo!, McDonald's, American Express, Pfizer, Delta and others]]>http://www.bloggingstocks.com/2009/02/01/earnings-highlights-yahoo-mcdonalds-american-express-pfize/http://www.bloggingstocks.com/2009/02/01/earnings-highlights-yahoo-mcdonalds-american-express-pfize/http://www.bloggingstocks.com/2009/02/01/earnings-highlights-yahoo-mcdonalds-american-express-pfize/#commentsFiled under: , , , , , , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Yahoo!, McDonald's, American Express, Pfizer, Delta and others

Earnings highlights: Yahoo!, McDonald's, American Express, Pfizer, Delta and others originally appeared on BloggingStocks on Sun, 01 Feb 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>American ExpressAXPBBYBest BuyBMYBristol-MeyersCATCaterpillarCLColgateDALDDDellDeltaDouglas McIntyreDuPontearningsEatonETFCETNETradeGILDGileadHDHome DepotJim CramerMcDonalds MCDMicrosoftMSFTPFEPfizerSam CollinsSISiemensTexas InstrumentsTXNValeroVLOVMWVMwareYahooYHOOSun, 01 Feb 2009 09:40:00 EST<![CDATA[Closing Bell: Stocks rise on Geithner's confirmation; TXN, NFLX, AXP, VLO, CVTX]]>http://www.bloggingstocks.com/2009/01/27/closing-bell-stocks-rise-on-geithners-confirmation-txn-nflx/http://www.bloggingstocks.com/2009/01/27/closing-bell-stocks-rise-on-geithners-confirmation-txn-nflx/http://www.bloggingstocks.com/2009/01/27/closing-bell-stocks-rise-on-geithners-confirmation-txn-nflx/#commentsFiled under: , , , , ,

Today Wall Street managed yet another day of gains. It seems that the confirmation of Tim Geithner as Treasury Secretary offset all of the negative data. Financials also had a decent day that seemed to trump all of the dismal earnings announcements from other giant companies.

Here are today's unofficial closing bell levels:
DJIA: 8,174.73 +58.70 +0.72%
NASDAQ: 1,504.90 +15.44 +1.04%
S&P 500: 845.70 +9.13 +1.09%
Top Analyst Upgrades
Top Analyst Downgrades

Texas Instruments Inc. (NYSE: TXN) rose after the chip maker gave earnings that were only "about as disappointing" as expected. The company is trimming costs and cutting about 3,400 jobs. Shares were up over 4% at $15.39 before the close.

Continue reading Closing Bell: Stocks rise on Geithner's confirmation; TXN, NFLX, AXP, VLO, CVTX

Closing Bell: Stocks rise on Geithner's confirmation; TXN, NFLX, AXP, VLO, CVTX originally appeared on BloggingStocks on Tue, 27 Jan 2009 16:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>axpcvtxnflxtxnvloTue, 27 Jan 2009 16:15:00 EST<![CDATA[Cramer on BloggingStocks: In this market, trust can kill you]]>http://www.bloggingstocks.com/2009/01/15/cramer-on-bloggingstocks-in-this-market-trust-can-kill-you/http://www.bloggingstocks.com/2009/01/15/cramer-on-bloggingstocks-in-this-market-trust-can-kill-you/http://www.bloggingstocks.com/2009/01/15/cramer-on-bloggingstocks-in-this-market-trust-can-kill-you/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer says the about-face at Apple and Bank of America is brutal for those who believed the company line.

Talk about a "trust no one" era. Bank of America (NYSE: BAC) (Cramer's Take) had been adamant that it had no use or need for the government's money. Its instant investment in China of much of our money made that point loud and clear. Why did we waste it on them? Why did we force them to take it?

Could we have been reassured more times that Steve Jobs was OK? That we were dead wrong to question it? That Joe Nocera, who wrote a prescient article about health and Apple (NASDAQ: AAPL) (Cramer's Take) and Jobs had been singled out by Jobs for the audacity of even questioning the man who is so much of Apple that we are frightened to even contemplate the world without him?

But we were asked to trust, and in return the trust was not rewarded. Bank of America has been in trouble for a month now, even though the company exuded confidence. The stock's been a killer.

Continue reading Cramer on BloggingStocks: In this market, trust can kill you

Cramer on BloggingStocks: In this market, trust can kill you originally appeared on BloggingStocks on Thu, 15 Jan 2009 09:19:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplbaccopfeaturedfnmfregoogjim cramerJimCramermrovloThu, 15 Jan 2009 09:19:00 EST<![CDATA[Chasing Value: 2008 picks -- the last nail]]>http://www.bloggingstocks.com/2009/01/12/chasing-value-2008-picks-the-last-nail/http://www.bloggingstocks.com/2009/01/12/chasing-value-2008-picks-the-last-nail/http://www.bloggingstocks.com/2009/01/12/chasing-value-2008-picks-the-last-nail/#commentsFiled under: , , , , , , , , , , , , , , , , ,

I made it through mid-year of tracking my 2008 picks from last December and then -- Wham! -- I went from a slight advantage to being humbled badly by the market. However difficult it is to display your failings, once again I will share all of the horrors since I posted the original story Chasing Value: Final list -- 8 stocks for 2008.

The master is still the master, Warren Buffett and his life's work Berkshire Hathaway (NYSE: BRK.B) beat me easily as well as the three indices I tracked.

For the most part, unless you started shorting stocks, there was no place to hide and most of my picks were big losers. There were two that beat Buffett and the market. The defense sector was the defensive sector it was supposed to be with Raytheon Company (NYSE: RTN) doing well on a relative scale. The other place you could have a morsel of stability was utilities and Huaneng Power International (ADR) (NYSE: HNP) lost less but not by much.

Continue reading Chasing Value: 2008 picks -- the last nail

Chasing Value: 2008 picks -- the last nail originally appeared on BloggingStocks on Mon, 12 Jan 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAUKAnglo AmericanBerkshire HathawayBGBRK.ABRK.BBungeChasing ValueChasingValuefeaturedHNPHuaneng PowerLLOLoews CorpNCTNewcastle InvestmentRaytheon CompanyReliance Steel and AluminumRSRTNSheldon LiberSheldonLiberValero EnergyVLOMon, 12 Jan 2009 15:00:00 EST<![CDATA[10 craziest days on Wall Street in 2008: #6 Consumer confidence hits all-time low ... let's buy stocks!]]>http://www.bloggingstocks.com/2009/01/03/10-craziest-days-on-wall-street-in-2008-6-consumer-confidence/http://www.bloggingstocks.com/2009/01/03/10-craziest-days-on-wall-street-in-2008-6-consumer-confidence/http://www.bloggingstocks.com/2009/01/03/10-craziest-days-on-wall-street-in-2008-6-consumer-confidence/#commentsFiled under: , , , ,

Oct. 28: Dow 9,065 (up 889 points); trading range, 958 points

Try to figure this one out:

Consumer confidence reaches the lowest levels on record since the survey began 41 years ago ...

Home prices in 20 major metro areas fall 16% year-over-year and have been falling for 20 consecutive months ...

And the market rallies to post its second-largest gain of the year.

Huh?!?

The volatile session ended with the benchmark index almost 900 points higher as bargain hunting and short-covering ruled the day, with some help from strength in the overseas markets.

A labor agreement at Boeing (NYSE: BA), and better-than-expected earnings at U.S. Steel (NYSE: X) and energy sector names Occidental Petroleum (NYSE: OXY), Valero Energy (NYSE: VLO) and BP (NYSE: BP) also added fuel to the market's fire (pun intended).

Greg Tucker is the executive editor of OptionsZone.com.

10 craziest days on Wall Street in 2008: #6 Consumer confidence hits all-time low ... let's buy stocks! originally appeared on BloggingStocks on Sat, 03 Jan 2009 16:30:00 EST. Please see our terms for use of feeds.

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