Baidu.com (BIDU) announced solid results after the hours. The stocks is up $90 in the after hours trading. Here are details about BIDU’s earnings from briefing.com BIDU reports Q1 (Mar) earnings of $2.02 per share, $0.52 better than the Thomson Reuters consensus of $1.50; revenues rose 59.9% year/year to $189.6…
Last 2 Trading days of year 2009! I have been writing about gold ever since 2007, then we watched Gold closed higher vs 2006. Again, we watched it closing for a new high in 2008; and closed at $880/ounce. As of this writing Gold is trading at $1,095/ounce and unless…
So we are having a great rally. It doesn’t seem like it wants to pause. If Dow is up this week, it will be up 8 out of the last 9 weeks. Wow, what a complete reversal of a downward trend that we had been observing since last year. What…
So Dow’s 8,000 forecast was also realized, even though it touched that level for a short while before bouncing over thousand points. So after a historic last week in market’s “down week” history books, we had a historic up day. The records are being re-written almost daily. Volatiltiy is again…
(for details pls visit www.OptionPundit.net) As you might have noticed in my past few posting that I have been covering this “underlying” for a while. Today I am going to share my thoughts on this purely from “Fundamental Analysis” perspective. Note though, there are several ways to value a stocks…