RE:RE:Bear rally seems to be coming to an endI think earning will show a huge negative on revenue for Q1. Management will be trying to take advantage of the sentiment in the market to get the dirty laundry out. I could see a loss of 6-7 billion being reported. The key that will move this thing up will be to show how the hedges will provide millions of dollar in cash for the next 3 quarters. An anouncement to further cut costs will also be helpful. That may prop the stock price by 2-3% may be depending on how the overall market is doing on Tuesday. To be honest the more i think about it I feel Tuesday may be a negative day, there are 4 reports coming out (home ownership rate, consumer confidence index etc those will definitely be dismal reports so why should the market be positive?)
If you look at the general outlook of the market, there is still alot of negative sentiment. Alot of bad news is coming. We are definitely in a recession. If the past is anything to go by, such recession recoveries take a few years and if thats the case then this rally is blip up in a negative trend.