GOOG, SNDK, Black FRIDAY?

GOOG reported great revenue, this tock is on the move. It recently hit a $658 high and looks liker there is no end in site. How much can GOOG run, $1000, $2000, $3000?? I cannot imagine how much it will be in the net 10 years Until then, either you are in or out? I remember when this stock was in the $400's a few months back.

SNDK on the other hand was down 15% due to outlook concerns for future growth. The huge down day did not help this stock either.

Did we have a Black Friday yesterday. The market was down over 300 pts. Earnigns have not been that good as Bank of America posted earnings that were pretty low. The credit issues and oil hitting new highs have been new concern. I my opionion thethe market was ue for a pull back and that is what we experienced. Is it a bear?? I guess we will have to wait and see. The next few weeks will be interesting as we have more economic news coming out and the FED will dcide on rates in a few weeks. Up this week is BIDU, ,NTRI and a few key stocks. NTRI has went from $70 to $29 in a matter of a few weeks. Will it move up? We will have to wait and see. Till next time.

Credit Woes, YHOO & GOOG Earnings

The housing and credit issues are once again on the plate of the Wall Street market. We see that although we have received recent band-aids such as a drop in interest rates, some things will just need TIME to work themselves out. The FED will show their card on the 30th of Oct. and we will see if another drop in rates is due our way.

On the other hand YHOO and GOOG are set to report this week. As for YHOO is went up to around $28 and is now retreating with the market. GOOG made a recent run up to the $620's but has also eased off. Some analysts have a $700 target but with the recent move to the upside, earnings will have to be HUGE to move this puppy past that mark again for now with the market retreating. I just dont know what else they can say at this moment.

Another day on the Street. Gotta love the unpredictability! Till next time.