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Daily Archives: July 2nd, 2008

News Byte: Oil spells doom (again)…

Wednesday, July 2, 2008

So the market’s down again. Here’s how our 3 favorite indexes ended up at close today

Filed in General | Comments (3)

Guess who’s rockin’ this morning

Wednesday, July 2, 2008

Signs of an economic crisis? A downturn? Well that’s nothing but good news for education providers– companies which focus on associate degrees and technical diplomas. Turns out that Apollo (APOL), an education provider and the company which owns University of Phoenix, is hauling @** this morning.  Their profits were up 85 cents/share—up from 75 cents/share same quarter a year [...]

Filed in News | Comments (782)

Report Card: My market read 7/1/2008

Wednesday, July 2, 2008

Welcome to July! Just like  how Will Smith’s character in “Hancock” reacts extremely to a magic-word (we’ll just call it a magic-word in this post); so does the market today. In the case of the market though, I can speak the word out loud— it’s OIL! Today, we saw classic market paranoia, financials-pandering and oil-mongering. [...]

Filed in Report Card | Comments (1203)