Today's Winner:
ORCL-Oracle Corporation
Open: 19.13
Close: 20.31
Gain: 1.54
Volume: 51.04M
EPS: 1.10
Yesterday's pick was simply because it was the only stock that remained in the green, but a champion in the tech industry, Oracle permeates into everything that we do online. Oracle has been only going up. Looking at a 5 year history, if you bought into this stock back in 2005 at 10.71 a share, you are one of the lucky ones. Oracle will have more work ahead, with the various advancements in networking and DNS server systems, Oracle is a fundamental part of the tech industry, and I predict will continue to grow over the next five years. If there is anything that can be considered a blue chip stock these days, look to Oracle.
Tuesday, September 30, 2008
Its Closing Time, 9/30/08
We've made it through another day.The DOW ended the day at 10,851, with the NASDAQ just hovering above 2,000 at 2,082. Later on tonight I will have some more to talk about, talk to you then!!!
The President Speaks
The president is asking for action. He will be working throughout the day on attempting to get a plan set up to perhaps influence members of the house returning from Rosh Hash ana holiday, to act. The president emphasized that if we do not act now, that the American people face dire consequences, as a result of no action.
Expect a short rally, but it was quite a drop yesterday.
Expect a short rally, but it was quite a drop yesterday.
Monday, September 29, 2008
Winner for September 29
Today's Winner:
HEV- Ener1, inc. http://finance.google.com/finance?q=AMEX%3AHEV
Open: 7.34
Close: 8.50
Gain: 1.33
Volume: 1.68M
EPS: -.066
Wonder what caused this to go up? Check it out on Google Finance. And comment on your theories.
HEV- Ener1, inc. http://finance.google.com/finance?q=AMEX%3AHEV
Open: 7.34
Close: 8.50
Gain: 1.33
Volume: 1.68M
EPS: -.066
Wonder what caused this to go up? Check it out on Google Finance. And comment on your theories.
our investment tools
Check out the cool tools that are available on this site, thanks to jodange.com. To the right, a customizable ticker, and the very end of this blog, check out the sector map. The ticker is real time, but the sector map is with a possible 15 minute delay. You can personalize the ticker, as mentioned earlier, by adding a stock. Thanks for visiting. Any suggestions, please let me know. Thank you!
September 29, 2008: Judgement Day?
Let's start our first official post with the fact that today, September 29, 2008, is a day that will go down in infamy. As I type this to you today, I am attempting to get ready for a power nap, so that I can watch the overnight reaction from the world markets regarding the audacious actions of the congress of the United States. The fact of the matter is that, there were still people out there as late as a month ago, that would not acknowledge that our country was in a recession. If you watch CNBC for example, you would see various pundits, that would go about explaining why we are not in a recession, and why we should remain bullish in this economy. What was suppose to happen, and the mild expectation for today, was that the bill would be approved, and that there would be no way that the House of Representatives to kill this bill rationally. A rally would then ensue, with of course its ups and downs, but that ultimately, that did not happen. What did happen instead, was a night mare, politics.
I am disgusted with both parties. Some may say that an ideological marker had been placed at the center of the moral compass of this nation with the actions that were being taken by the congressman, but these actions taken by your local congressman, were more like mere acts of self preservation, rather than the act of moral leaders. For goodness sakes, we are talking about the United States congress.
I am not going to explain the political dynamics involved in the final decision of the congress, nor will I even enter into a dialectic about whether the bailout is a positive or a negative. The fact of the matter is that during the voting of the bill, as the Houses number went above 200 in the nay, we saw the market plummet.
I am in absolute agreement with many of the pundits in CNBC: There is no difference between Main Street and Wall street and that as far as how this will affect ordinary Americans will remain to be seen. It is now 12:24 am, September 30th. I await for 1 am, with dread what will happen in Asia tonight. Judgment Day, from the east, after the citizens of the west past its verdict on what has had to be some of the most egregious actions taken by corporate America to come to public light, the likes that would have made Boss Tweed blush. I await judgment from the Europeans, who, themselves, are in a similar position. They are extremely worried what is going to happen with our markets. I await the next day, when the Dow Jones will be starting at 10,365, after suffering a 777+ drop in one day. Once again, I look forward to our President, trying to calm Wall Street and the nation down, for the second time in two days, giving his fireside chat, in the futile hopes of keeping the markets from burning. It is a time where many old forturnes will be lost, and new ones will be born. Those that will be judged by fire, will either burn with result, or rise from the flames in rich glory. The TRADE is ON!!!
I am disgusted with both parties. Some may say that an ideological marker had been placed at the center of the moral compass of this nation with the actions that were being taken by the congressman, but these actions taken by your local congressman, were more like mere acts of self preservation, rather than the act of moral leaders. For goodness sakes, we are talking about the United States congress.
I am not going to explain the political dynamics involved in the final decision of the congress, nor will I even enter into a dialectic about whether the bailout is a positive or a negative. The fact of the matter is that during the voting of the bill, as the Houses number went above 200 in the nay, we saw the market plummet.
I am in absolute agreement with many of the pundits in CNBC: There is no difference between Main Street and Wall street and that as far as how this will affect ordinary Americans will remain to be seen. It is now 12:24 am, September 30th. I await for 1 am, with dread what will happen in Asia tonight. Judgment Day, from the east, after the citizens of the west past its verdict on what has had to be some of the most egregious actions taken by corporate America to come to public light, the likes that would have made Boss Tweed blush. I await judgment from the Europeans, who, themselves, are in a similar position. They are extremely worried what is going to happen with our markets. I await the next day, when the Dow Jones will be starting at 10,365, after suffering a 777+ drop in one day. Once again, I look forward to our President, trying to calm Wall Street and the nation down, for the second time in two days, giving his fireside chat, in the futile hopes of keeping the markets from burning. It is a time where many old forturnes will be lost, and new ones will be born. Those that will be judged by fire, will either burn with result, or rise from the flames in rich glory. The TRADE is ON!!!
Welcome
Known to some as mrgnuopensourceman, known to others as thegreatspace, some call me Spacecowboy
...
Actually, my name is Ralph, and this blog is a result of years of addiction to the market, and my belief in that famous axiom from the Hitchhikers Guide to the Galaxy, "Don't Panic!". Now is the best time to start looking into entering the market. To hunt and find those value stocks that will help your money grow,faster and with greater yield than simply leaving it in the hands of someone you don't know. Take control of your financial future! This blog was started on September 29th, 2008, the day that congress made it possible to sink the DOW 777+ points in one day. We are at the lowest, and it will get worse before it gets better, but relax. We are going to hunt and find those companies that truly deserve our investment, that really are looking to make profits the right way, by producing a successful product, that will pull in profits for there shareholders.
This is not like my tech blog. I will share my knowledge, and from there, it is my hope that we can all get together, sorta like a think tank, and see what could be the best trends to follow, or learn from each other new techniques in stock analysis. Although, I know there are various websites that you can pay for this type of service, this blogspot is meant to be a supplement, and a place where we can all just simply get together I will share with you what my experiences have been with the various stocks that I have had, that I am looking at, and also give my opinion on how they are going to perform. Remember, however, I am not a professional, but rather a laymen like yourselves, and whatever you do is at your own risk. I am not advising you, more like sharing my story. it is my hope that we all can get some thing of this stock think tank, but like the title of this blog says, everything stocks, but, it all about the money, and ultimately, we want to make money!!
You will hear me from time to time, of course since its a blog, comment on the news of the day (more like hear from me every day about the news of the day) This blogspot will have audio and video eventually, but for now, lets start with the written word, and of course, the most important thing will be your comments. I really do want to hear from all of you and I do hope that this blog will serve its purpose as a stepping stone. Thanks to all that have supported me in my efforts in becoming a blogger, and now, lets talk stocks.
...
Actually, my name is Ralph, and this blog is a result of years of addiction to the market, and my belief in that famous axiom from the Hitchhikers Guide to the Galaxy, "Don't Panic!". Now is the best time to start looking into entering the market. To hunt and find those value stocks that will help your money grow,faster and with greater yield than simply leaving it in the hands of someone you don't know. Take control of your financial future! This blog was started on September 29th, 2008, the day that congress made it possible to sink the DOW 777+ points in one day. We are at the lowest, and it will get worse before it gets better, but relax. We are going to hunt and find those companies that truly deserve our investment, that really are looking to make profits the right way, by producing a successful product, that will pull in profits for there shareholders.
This is not like my tech blog. I will share my knowledge, and from there, it is my hope that we can all get together, sorta like a think tank, and see what could be the best trends to follow, or learn from each other new techniques in stock analysis. Although, I know there are various websites that you can pay for this type of service, this blogspot is meant to be a supplement, and a place where we can all just simply get together I will share with you what my experiences have been with the various stocks that I have had, that I am looking at, and also give my opinion on how they are going to perform. Remember, however, I am not a professional, but rather a laymen like yourselves, and whatever you do is at your own risk. I am not advising you, more like sharing my story. it is my hope that we all can get some thing of this stock think tank, but like the title of this blog says, everything stocks, but, it all about the money, and ultimately, we want to make money!!
You will hear me from time to time, of course since its a blog, comment on the news of the day (more like hear from me every day about the news of the day) This blogspot will have audio and video eventually, but for now, lets start with the written word, and of course, the most important thing will be your comments. I really do want to hear from all of you and I do hope that this blog will serve its purpose as a stepping stone. Thanks to all that have supported me in my efforts in becoming a blogger, and now, lets talk stocks.
Subscribe to:
Posts (Atom)