by Nilus Mattive on July 28, 2009
in General
Just wanted you all to know that I am now officially “tweeting” — i.e. using my Twitter account to send out short market alerts and other interesting updates.
If you want to get those quick, timely updates, just visit my Twitter page and click “follow.”
I won’t completely ignore this blog, but Twittering will be a much [...]
by Nilus Mattive on July 24, 2009
in General
Stocks have been showing real strength throughout this earnings season, and it does look like the bulls want to make a run at 1000 for the S&P 500.
All along, I have said stocks would end the year somewhere around that level, though I was thinking we would see one more major dip first. That still [...]
by Nilus Mattive on July 14, 2009
in General
As my Money & Markets article was getting sent to you, the total retail sales numbers for June were getting released. And if you look at just the headline … they rose a better-than-expected 0.6%.
What gives? Didn’t I say same-store sales stunk in June?
Yes.
The retail sales numbers released today include items like gasoline and automobiles, [...]
by Nilus Mattive on July 9, 2009
in General
So Alcoa posted a loss as expected, and everyone seems pleased with that result overall. (Not sure why.)
Overseas markets reacted positively, and futures are pointing up for U.S. stocks right now.
Yet June retail sales stunk. And while companies love blaming the weather, I’m not buying that as the reason. Heck, when it rains during the summer [...]
by Nilus Mattive on July 8, 2009
in General
I’ve talked about my house hunting excurisions before … but this latest one takes the cake! And if you don’t believe that the housing bubble has more air to lose, well, you just aren’t out there shopping.
My wife and I had a few places on our list to check out, and the first two demonstrate [...]