Archive for October 12th, 2009

Wolfram Alpha

Nice finance tools on Wolfram Alpha. Wolfram alpha blog link: Computing Stock Data in Real Time. Idea for this post came from one of my favorite blogs The Big Picture Blog by Barry Ritholtz.

Week Of Earnings Announcements

This week could definitively determine the route U.S. equities are going to take. Tuesday: Procter & Gamble and Intel; Wednesday: JP Morgan, Thursday: Goldman Sachs and Citigroup; Friday: Bank of America and General Electric. I suspect banks will report something similar to previous quarter; but the market impact would not be so profound. I still believe that the banking crisis will have round two, but not at this moment, probably in few quarters. Interesting Bloomberg article today on bank earnings composition. Bloomberg story: Writedowns on Mortgage Servicing Make Even JPMorgan Vulnerable . We will see when the reality catches up with accounting.

 

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