The! Biggest! News! of! the! Day! - Not Alpha Natural Resources Inc, Pier 1 Imports Inc, Yahoo Inc, Corning Inc or Saks Inc

Tags: GLW
18 Nov 10:45pm
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Here are some of the contenders for today's biggest...news...of...the...day...

  • Earnings from Hewlett-Packard Co (HPQ)...
  • Earnings from Home Depot Inc (HD)...
  • Earnings from Saks Inc (SKS)...
  • Earnings from Medtronic Inc (MDT)...
  • Job cuts at Pepsi Bottling Group Inc (PBG)...
  • Optimism on Itron Inc (ITRI)...
  • Insider trading charges for Mark Cuban...
  • Paulson's TARP plans...
  • Concerns we are heading for "a second Great Depression..."
  • The announcement that Corning Inc (GLW) has withdrawn its previous guidance...
  • Word that Stericycle Inc (SRCL) will replace Anheuser-Busch (BUD) in the S&P 500 (SPX)...
  • An argument for optimism on Yahoo Inc (YHOO) "as investors celebrate the exit of Jerry 'The Stumbling Block' Yang..."
  • A warning from Pier 1 Imports Inc (PIR)...
  • The termination of the proposed takeover of Alpha Natural Resources Inc (ANR) by Cliffs Natural Resources Inc (CLF)...
  • Increased store traffic at Wal-Mart Stores Inc (WMT) as gas prices come down...
  • An argument to raise the gas tax which "would cause economic hardship..."
  • Data on wholesale prices...

While those are all stories worth watching, I think it is obviously clear that the biggest news is this set of stories -

So...we learn of police stations getting robbed (successfully), that the kangaroo might be my cousin, and that Kmart Corp. and Martha Stewart Living Omnimedia (MSO) might be involved in a conspiracy plot to eradicate the banjo. The kangaroo story is especially interesting/disturbing given the recent push to get people to eat more kangaroo.


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Schaeffer’s Investment Research, founded by Bernie Schaeffer in 1981, is a research-driven provider of investment research and recommendations featuring a unique, time-tested analysis of investor expectations. Schaeffer's contrarian approach, called Expectational Analysis®, focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription publication and it's website, www.SchaeffersResearch.com, is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's.