Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currency markets in the week ahead.» Read More
Hey folks. We have a guest blogger today--Jeff Mishlove. You may have seen him on the "How To Win" program on the contest, giving his picks, which have turned up some pretty good ones (Jo-Ann Stores for example). I asked Jeff to write down a few thoughts and he came up with what follows. He talks about his strategy--the "short squeeze" and how it works. Pretty good reading if you ask me.
Okay folks, here's a look at the stocks that you are trading and the ones that are paying off--and the one's that aren't. The info is from Thursday's close. Some of the "usual suspects" are still on the lists but COMS seems to be a new player in the most active. PALM is one of the most active, but as you can see--not paying off that well. ARXT is making investors happy. Widely helds are pretty much what they have been lately. And FYI: Contest registrations to date: 415,962.
Shares of Scholastic fell sharply after the publisher reported a smaller quarterly loss as the performance of its children's book division improved, but cut its full-year profit outlook to below Wall Street expectations.
Here's one more segment from Friday night's "How To Win" program on CNBC. We hear from a couple of the bloggers--the stock pick bloggers who are giving advice--and are actually playing to win the contest. John Carney is editor at dealbreaker.com and Jeff Mishlove is from Forecastingsystems.com and wrote a "how to" manual on the contest itself.
As The Stomach Turns: Ah, the pressure of producing breaking news. I’ve done it enough times, yet I always find the monthly Philadelphia Fed report nerve wracking...
Earlier this week, Scholastic, the U.S. publisher of the Harry Potter books, reported earnings and confirmed guidance for 2007 of $1.55 to $1.85 a share. Those numbers could change depending on when the final Potter book is released.