Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (32289)	6/24/2010 3:16:13 PM
From: longnshort	Read Replies (1) \| Respond to of 103300

Rep. Hank Johnson: We Have To Pass This Bill To Make Sure Republicans Don’t Get Elected From the same man who brought you the fears of Guam tipping over... breitbart.tv

To: DuckTapeSunroof who wrote (32289)	6/24/2010 6:08:10 PM
From: Hope Praytochange	Read Replies (2) \| Respond to of 103300

Investors Having Some Serious Doubts on Economy By Matt Phillips Investors are having some serious doubts on the economy. You can see them through all the selling of so-called cyclical stocks, or stocks thought to have particularly close ties to the expansion of the business cycle. Some of those issues are getting hammered Thursday. The consumer discretionary sector and materials sector are leading the broader S&P lower. One stock that particularly caught our eye is the newspaper company Gannett. (Media and advertising companies are typically seen as a pretty cyclical industry, benefiting from a pickup in economic activity.) We’ve been watching Gannett recently as something of a proxy for investor sentiment on the economy. (After all, it’s not like the newspaper business is in a period of secular growth, leading us to believe that one of the best reasons to buy the shares was a hope the company benefits from a cyclical increase in advertising spending.) As the broader markets rallied off the early March 2009 lows, Gannett lagged behind, suggesting some investor skepticism about whether an economic recovery was really in the offing. It took until the middle of July 2009, before investors were convinced, that’s when the shares really started moving. Since then they’ve had a pretty ridiculous run. As of the close of trading Wednesday, the shares were up 350% over the last year. (Other newspaper stocks have also posted huge gains of low bases over the last year. McClatchy? 570%. A.H. Belo? 577%) But Thursday, Gannett was one of the worst performing stocks in the S&P 500, down 5.7% at last glance, indicating to us that investors need to be convinced the recovery remains real.