« The Bear Report | Archives | ETF Winners & Losers »
Thursday, September 13, 2007
Buy Rosh Hashanah?
Good morning. You know it is a slow news day when dividend increases by Mcdonalds (MCD) and Microsoft (MSFT) are cited as the top stories. Sure, investors are still focused on the dollar, energy prices, and first-time jobless claims, but in reality we have little new news to deal with.
Premarket gainers: ISIS, GROW, QCOM, LEND, RMBS, CPWR, TASR, HANS, RMBS, AAUK, MCD, GM, MPEL, HOKU, BRCD, MT, MICC, CROX, XMSR, FSLR, JAVA, ERIC, ONT, CRDC, MRVL, and AAPL.
Premarket losers: BRLC, SCSS, TARR, AZPN, PWAV, BIIB, ALU, GOLD, and AINV.
With lack of much else to focus on, I'm sure you're likely to hear the phrase "Buy Rosh Hashanah, sell Yom Kippur." Like most Wall Street sayings, it has a mixed track record depending on how sort the data. This market will remain held captive to the Fed and any new headlines about the economy. Have a good day!
Posted by Kirk at 9:05 AM in Preview | Bookmark | Feeds | Link |
