Market Comment From The Stock Masters

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Stock Mastery - Daily Market Commentary by The Stockmasters
Thursday – March 1st, 2007

Stock Tips The Stock Market has been up and down worse than that on and off-again 11th grade girlfriend you had with a Johnny Mactemperament to match. Makes you feel like John McEnroe did back when he would go on a rage back in the day (watch this clip). I’m sure most of you are now aware, this recent drop in the market is not the worst we have ever seen and we all knew it was coming. Today’s slight comeback is due to an upbeat assessment of manufacturing activity and has eased some fears of the economy grinding to a halt. Ben Bernake knows what he’s doing, and he’s steering America on the right course with his forecast of the U.S. economy to continue to grow moderately. So if you are feeling like ol’ Johnny Mac, take it easy, buy some dividend stocks, look for the fallen fruit stocks, and take a smoke break. U.S. Treasury Secretary Henry Paulson said todayThe US economy is ‘healthy’ and transitioning to a soft landing after blockbuster growth in early part of last year. Smoke em’ if you got em and just relax Masters.

Stock Tips New 52-week low for iRobot (IRBT) today. Don’t forget that to consider iRobot’s intellectual property – all their wonderful patents, brilliant inventions, and technology. Sure they haven’t built R2-D2 or C-3PO but they have basically created their own Droid Factory that is generating revenue and constantly evolving new and better technologies. Read the insight and action figure perspective here at the Masters.

http://www.thestockmasters.com/index.asp

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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