Archive for July, 2009
Cramer: Harley-Davidson and Warren Buffett
Cramer says: “This is what happens at the bottom…at the bottom, strange things happen. Harley-Davidson has come down a huge amount. This is the beginning of what I think is the end of the underperformance. People want to get in ahead of that. Don’t forget – Warren Buffett bought a big stake in the company, [...]
Roubini: Economic Recovery to Be ‘Very Ugly’
“The recovery is going to be subpar,” Roubini said. “I see a one percent growth in the economy in the next few years. There will also be 11 percent unemployment next year and the recovery is going to be slow. It’s going to feel like a recession even when it ends.” When asked about [...]
Art Cashin: My Take on Goldman’s S&P Call
Goldman Sachs issued a bullish note on the S&P 500, raising its target for the index to 1060 from 940 by year’s end … But does he fully accept Goldman’s outlook? “Not quite yet,” he cautioned. -cnbc
Art Cashin: Traders Don’t Trust ‘Short Term’ Earnings
Cashin said much of the interest on the trading floor moved “away from the financials” Friday. ‘Most of the [earnings] reports have shown better income by cutting costs. That’s a short-term solution. That’s not a method of growth. There’s still a little suspicion.” -cnbc
Cramer’s Mad Money: Sell These Two Tech Losers
Cramer says sell Nokia and Dell. Watch to find out why.
June Housing Starts Up 3.6%
July 17 (Bloomberg) — Housing starts in the U.S. unexpectedly rose in June as construction of single-family dwellings jumped by the most since 2004, signaling the market is stabilizing.
A breakdown of the numbers, with Kevin Ferry, Cronus Futures Management; Donald Marron, Lightyear Capital and CNBC’s Steve Liesman.
Glenn Beck: Why Goldman Sachs Is The Evil Empire!
FOX’s Glenn Beck Outlines Why Goldman Sachs Is The Evil Empire [On His Blackboard]
Cramer: The Worst Is Over
It’s 1991 all over again, Cramer said during Thursday’s Mad Money. Investors who follow the game plan that worked then stand to gain the most. -cnbc
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