Marc Courtenay

Will Earnings Season Test the Market Rally?

Today was no surprise but the rest of the week might be. Jim Rogers did an interview with Barron's recently which is well worth considering. I'd like to be optimistic from here but realism prevails.
Thanks for your comments.

On Apr 20 07:36 AM Cetin Hakimoglu wrote:

> Earnings season so far has been a success. Large cap tech crushing
> or beating estimates. GS and Wells Fargo, too. The fundamentals are
> improving.

Will Earnings Season Test the Market Rally?

I give up. Please share that answer with us and thank you for your comment


On Apr 20 12:52 PM Mad Hedge Fund Trader wrote:

> You bet! Last year was truly the annus horriblus for the Fortune
> 500, which saw profits plunge from $645 billion to $99 billion, the
> worst performance in the tabulation’s 55 year history. AIG alone
> lost $99.3 billion, taking it from number 13 on the list to no. 294,
> made possible I’m sure only through some spectacular accounting fiction.
> Many once mighty names were struck from the venerable list, including
> Lehman Brothers (seekingalpha.com/symbo...), Bear Stearns
> (seekingalpha.com/symbo...), and Anheuser Busch (seekingalpha.com/symbo...),
> to be replaced my new risers like Polo-Ralph Lauren (seekingalpha.com/symbo...),
> Master Card (seekingalpha.com/symbo...), and Visa (seekingalpha.com/symbol/v).
> Only three companies have shared the number one spot since 1955:
> Exxon Mobile (seekingalpha.com/symbo...), Walmart (seekingalpha.com/symbo...),
> and General Motors (seekingalpha.com/symbo...). Guess which
> one made the top this year?

Cramer's Stop Trading! Dow Doomsday Scenario (3/6/09)

It's interesting to see how much publicity Cramer still evokes. His track record is questionable, but he is very well "connected", especially to the Goldman Sachs crowd. I'm still hoping for a Spring Bear Market Rally and then I'll be heading for the sidelines expecting that "the worst is yet to come". I hope I'm wrong and Cramer is too.