Thursday, July 23, 2009

Weisenthal eats crow


I've outlined how Joe Weisenthal at Business Insider has been slamming the earnings reports. Today, with the DOW at 9,000, he comes up with a different tune:

Judged solely by market action, this has been a stellar earnings season so far.

What was that?

It's just another bearish Pied Piper!

To get hits, you need to get bullish!

8 comments:

Anonymous said...

do you think HBAN is doomed? i'm still holding but what a sucky day to have everything go up except the stock you hold.

Palmoni said...

I know--FITB catches a bid today, and HBAN still lags.

I'm just sitting with it.

Anonymous said...

funny how SNDK takes a dumping today. Still great call for those who bought and dumpped last night.

i'm holding nvda...you think that's worth a dump before or after earnings?...after INTC (positive) AMD (negative) not sure what to see with NVDA

X said...

ZeroEdge and Weisencrap are reporters with little investing knowledge

Palmoni said...

Eli at SNDK just gives an ugly conference call. But the stock gave a good pop, but like all things in this market, you have to be fast!

Palmoni said...

NVDA starting to rock! I think they are fine, and you have time before they report.

Palmoni said...

X-Zero Hedge said today
http://www.zerohedge.com/article/market-x-files-july-23-edition
that "The Black Swan reverse migration is the market melt up this time around"

On April 16, I said
http://aaronandmoses.blogspot.com/2009/04/missing-quants.html
"And that my friends, is the black swan event that the bears are missing!And of course the bears can't recognize it---because the bears are the market's next black swan!

Nice to ZH coming around to my viewpoint! Hah!!

Anonymous said...

i agree....like i said before i was a victim of ZH...although reports make sense...it's not reflective of market and it's just so negative.

do you know when is NVDA's earnings call?

what's your target for GRMN?