Market Databank

      

 

Daily Reports @ WJR

For an explanation of "fair value" please click here

WJR December 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR November 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR October 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR September 2002 reports

September 30, 2002Today is the last day of the third quarter. And what can you say about the three months gone by? "Good riddance" comes to mind. This has been one of the worst quarters in the history of the S&P 500, and with people worried about a lack of business spending and an abundance of war around the world, we are now retesting the lows we set back in July.Citigroup is reportedly promising the SEC that they will fully separate their stock research department from their investment banking unit, but only if the SEC can get all the other Wall Street firms to do the same thing. Try that line of reasoning the next time you get pulled over for speeding on I-94.Personal Income and consumption data will be released at 8:30. At 10 o'clock, the Chicago Purchasing Manager's Index. Another brokerage house is saying bad things about General Electric's...
Continue reading

WJR August 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR July 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR June 2002 reports

April 26, 2002We'll finally take a breather from all the earnings news today. Yesterday we started lower on news from Tyco, AOL and Dow. But as the day wore on, some decent earnings reports, and importantly, some reassurance about oil supply from Saudi Arabia brought us back to even by the end of the day.After the close yesterday, a surprisingly good earnings report from Disney. Business is getting better at the theme parks, and Disney beat estimates by 3 cents. Interestingly, one major brokerage house is upgrading Disney this morning while another is downgrading its rating. So if your confused about the direction of your stocks, you appear to have a lot of company.The big reports of the day come early today. The preliminary 1st quarter Gross Domestic Product number is expected to increase about 5%. That number is released at 8:30, and at 9:45, the University of Michigan Consumer...
Continue reading

WJR May 2002 reports

A report on January Business Inventories will be released in ten minutes or so, weekly jobless claims at 8:30 as well, and earnings from Oracle after the close of the market.Japan was up over 150 points overnight. The London market is down, but the rest of Europe is doing well. Adjusted for fair value, S&P futures are up about 3, Dow futures are up 28, and the Nasdaq futures are about 9 points above fair value. March 13, 2002 Telecom stocks took a beating yesterday on those warnings from Nokia and Lucent, but the overall market came storming back in the afternoon, with the Dow Jones actually closing up on the day.TRW this morning rejected Northrop Grumman's takeover bid of $47 per share, which is no big surprise, in that TRW currently trades for about 50 bucks. The Government has reported signaled other big defense contractors not to get involved...
Continue reading

WJR April 2002 reports

A report on January Business Inventories will be released in ten minutes or so, weekly jobless claims at 8:30 as well, and earnings from Oracle after the close of the market.Japan was up over 150 points overnight. The London market is down, but the rest of Europe is doing well. Adjusted for fair value, S&P futures are up about 3, Dow futures are up 28, and the Nasdaq futures are about 9 points above fair value. March 13, 2002 Telecom stocks took a beating yesterday on those warnings from Nokia and Lucent, but the overall market came storming back in the afternoon, with the Dow Jones actually closing up on the day.TRW this morning rejected Northrop Grumman's takeover bid of $47 per share, which is no big surprise, in that TRW currently trades for about 50 bucks. The Government has reported signaled other big defense contractors not to get involved...
Continue reading

WJR March 2002 reports

Earnings reports really start rolling this week. If you look at the number of companies warning about missing forecasts, we've had 584 companies warn this quarter versus 794 at the same time last year. That's a positive of sorts, but what we're really looking for is positive guidance for the coming year. So far this morning, Fannie Mae beat estimates by a penny and did indeed say that 2002 should be a good year for them.< br>Looks like a lower open on the way today. Adjusted for fair value, S&P futures are down 3½, Dow futures are down 15, and the Nasdaq futures are about 9 points below fair value. January 11, 2002Ford Motor is front and center this morning as they announce their revitalization plan. But if you ask Wall Street, even the rumored 20,000 job cuts and 1.8 million vehicle reduction in annual capacity may not be enough....
Continue reading

Daily Reports @ WJR

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

Watch The Video

  • Starfire Investment Advisers on Analyzing The Risk Of Stocks After The 6.9% Drop

    Starfire Investment Advisers on Analyzing The Risk Of Stocks After The 6.9% Drop

Investment Updates

Planning Briefs

Contact Info

Starfire Investment Advisers, Inc.
3000 Town Center Suite 2235
Southfield, MI 48075-1191

Phone: 248-352-2211 x 223
Fax: 248-352-4535
Email: ronh@starfireinvest.com