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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Featured Story

    This Week in Numbers

    Numbers
    It's the numbers that count in this crazy world. They can tell stories that words simply can't. Here's a look at some of the fascinating, infuriating, amusing, depressing, and altogether important numbers that the world has put up on the board recently - and why you need to know them.
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  • DJIA

  • Stock Market News Today: Dow Nears 15,000

    Perhaps lower summer trading volumes are leaving stocks more vulnerable to larger moves lately...

    The stock market today fell 70 points to 15,010; the S&P lost nearly 10 points; the Nasdaq fell 12. This marks the Dow's fourth straight day of losses - the first four-day losing streak of 2013. 

    To continue reading, please click here...

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  • Stock Market Today: 5 Reasons Why the Dow Fell 225 Points It was the first back-to-back bruising since June 18th and 19th, when Fed “comments” drove the Dow 560 points into the ground. But you can’t blame the Fed for the latest pair of triple-digit routs. Not directly, anyway. Here’s what triggered all the action…

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  • Question of the Week: Overlooked Problems Will Kill the U.S. Bull Market The U.S. stock market has staged one of its most powerful rallies in history, zooming nearly 70% in the 12 months that followed the March 9, 2009 market low. U.S. stocks soared another 5% during the first three months of 2010 - its best first quarter in a dozen years. But where do we go from here?

    Between the New York Stock Exchange continuously reaching new highs, the Dow Jones Industrial Average rising up along its eight-day average, and a rebounding retail sector, there's reason to celebrate what appears to be a market recovery offering investors profit opportunities.

    "You can't bury your head in the sand and ignore what's happening," said Money Morning Chief Investment Strategist Keith Fitz-Gerald. "If you did that, you've missed a 60%-plus rally in the [Standard & Poor's 500 Index] since early last March. You cannot fail to acknowledge what's happening" in the markets, even though top traders understand that cheap money from the government bailout - and not a well-rounded economic recovery - is most likely behind the torrid run-up in U.S. share prices.

    Money Morning Question of the Week: Is this a true bull market? A year from now, are U.S. stocks - as measured by the Standard & Poor's 500 Index - trading higher, lower, or at the same level as they are today?

    What follows are some of the most well thought-out responses we received (as well as a previous comment regarding the bull vs. bear market argument posted on our Web site) with many agreeing this bull market is too good to be true.

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  • Four Ways to Beat the Credit Crunch and Profit From Global Growth By William Patalon III, MBA Managing Editor Money Morning/The Money Map Report The worldwide credit crunch isn't over after all. Just days after U.S. stocks soared to record highs – and Wall Street upgraded the embattled homebuilding sector – worldwide groups are issuing warnings that there's likely more pain to come. Investors even bid up […] Read More...
  • Avoid the 'Resurgent' Homebuilding Sector and Go Global for Profits By William Patalon III Managing Editor Money Morning/The Money Map Report Invest in the homebuilding sector at your own risk. U.S. homebuilders such as D.R. Horton Inc. (DRI), KB Homes (KB) and Pulte Homes Inc. (PHM) capped the sector's biggest two-day advance since August yesterday (Tuesday), thanks to a growing investor belief that the worst […] Read More...
  • Citigroup and UBS Brace For Losses, but Dow Jones Sets Record Above 14,000 By Jason Simpkins Staff Writer On a day that two huge banks took major profit hits because of the subprime market crisis, stocks soared to record highs yesterday (Monday) on the belief that the worst of the ensuing credit crisis had passed. Citigroup (C) and UBS AG (UBS), the largest banks in the United States […] Read More...
  • Bellwether Blue Chip Stocks Record Best Week Since April From Staff Reports Blue chip stocks had their best week since April last week, with the Dow Jones Industrial Average gaining 2.5% for the week. That 30-stock index is now up 7.9% for the year, according to The Wall Street Journal. The Dow gained 17.64 points, or 0.1%, on Friday, ending the day and the […] Read More...