Microsoft down?

Microsoft posted quarterly eps to 0.46 instead of 0.47 consensus , and stated 2.12 eps for next year instead of 2.17 consensus .
And shares are hit down , with alarmed comments .

Aren't we too much influenced by so called independent advisors and experts ? Shouldn't we look better at the fundamentals if investing is not becoming like betting?

Economist - Societe Generale

SocGen could become a good target.

Financial Times - Sovereign funds

Money is available and for unpredictable investments .

Financial Times - Appetite for risk

Click on the header to read the news.

You can be made crazy with the indices : somebody says , supported by past data (which , as you know , cannot give you the assurance that the future will be in the way) tha when VIX becomes too much optimistic you should sell .

So what to do ? Wait and see until the end of june 

Financial Times

Click on the header to access the news.

The sharp deceleration of services , eurozone inflation approaching 4 % , the composite eurozone purchasing managers index declining to 51,1 from 51,9 but still above 50 . 

Still doubts of a cut of ECB interest rates due to oil prices .

Wall Street Journal

Click on the header to access the news.

Interesting to see the acceleration of home price decline , the gloomier FED's forecast to be associate with the comments from Trichet , the demand for silver dollars and the cars demand drop to '90 levels

Banks and Hi-Tech

Interesting to see how much banks have lost ground .

Will Hi-Tech get the leadership ? Banks are very big H-T buyers .....

Bloomberg news

It's interesting for several reasons : shows the performance of a "professional" , what's the average of the portfolio invested in stocks and that a big player started in early April to invest more in stocks .