WallStreetis4Lovers

Calm before the Storm

November 20, 2008 · Leave a Comment

I don’t want to be dramatic, but I am only 20 and according to scientific studies the hormones in my head are still leveling out so technically it’s not my fault, but yesterday I had a quarter life crisis. Even writing that I feel guilty of drama queen crimes. It all began in the Economics Department of my University when they told me I had only 2 classes left to graduate. The tears began here. You can’t kick me out, I’m not ready to graduate! I don’t know how many people they get in their office trying to figure out how to stay in school longer, but I don’t care. It all happens so fast and I’m certainly not ready on any level to be done with school. Sixteen years of routine doesn’t exactly die easy. I’m walking in Spring, I don’t care how many useless units I have to take. (Thanks mom for that tuition money!)

The market is looking pretty sad today. The Dow is below 8000! Yikes! Sentiment for the major indices has dropped to become bearish according to PredictWallStreet’s real-time sentiment meter.

OOo! Two of my favorite companies have been forecasted today-Google and Research in Motion.

I have been eagerly awaiting the release of Research in Motions (RIMM) Blackberry Storm and it finally drops tomorrow at Verizon stores. There has been so much speculation and buzz about this phone-mostly on purpose. The new touchscreen Blackberry, in my opinion, will finally help position RIMM to compete with the iPhone. Checking sentiment, I noticed it shot up to become more bullish lately after having a couple dips in the last month of bearishness. I think a lot of this has to do with the Storm, obviously, and I wonder how long RIMM will be able to ride this optimism out. They are currently forecasted to close up and I have predicted up as well. With the launch of the Storm tomorrow, the forecast and bullish sentiment, I think RIMM has a pretty good week at least ahead of them.

I shot another video blog on Tuesday and it’s up on our YouTube channel. Go here here to watch all the other PredictWallStreet video’s.

Categories: Finance and Stocks
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