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Stock market update 2-27-08

The market has had negative news come out and it seems to be worse than the previous news the day before. It’s funny that the investors react to it in an usual manner. Bad news has them buying. I can’t think everyone is a contrarian trying to do the opposite of what most [...]

Global Stagflation: recession plus inflation simultaneously everywhere

I know some of you are still in denial about the R word. I think we are in a recession right now. The news that keeps coming out more frequently in the business section is negative. In every business cycle, there is a part where everything is booming and there is another [...]

Google down another +30 points at the open today

Today, Google opened down dramatically. Apparently there was a click report that shows lower paid click searches, according to MarketWatch
Now that makes sense compared to the other stories I was looking at last night. It is almost down 300 points from its high of $747 a share. Now, if you [...]

Google down another 21 points in an up market, hmmm…

I noticed that Google stock closed down 21.36 points 486.44 and dropped another 2.44 in after hours trading. I didn’t read any significant news affecting its financials like an earning report or a major advertiser dropping it. In an up market, I would expect to see it follow the broad index. Something [...]