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An Unquantified Promise Is Enough (WFM, SFLY, ZNGA, AKAM, IMAX)

Posted by Geoff Seiler at 8:22PM on July 26th

Stocks soared on the day after European Central Bank (ECB) President Mario Draghi promised that the ECB would “do whatever it takes to preserve the euro,” adding, “believe me, it will be enough.” The unquantified promise was enough for a…

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The Market Wants to Rally (RIMM, ADBE, DRI, ZNGA, BTX, SHFL)

Posted by Geoff Seiler at 5:03PM on December 16th

On a day filled with mixed earnings news, a poorly received high-profile IPO, and a ratings agency warning of possible European sovereign debt downgrades, the major market averages finished mixed. The market has seemingly wanted to rally the past two…

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