Housing Market

August 16th, 2007

“Record home ownership, low finance rates, 100% finance loans, loans given out left and right”.

I found Jim Cramer’s freaking out on CNBC hilarious. The way Erin Burnett (isn’t she the ultimate trophy wife?) tries to deal with him whining is too much.

“THEY HAVE NO IDEA” “THEY KNOW NOTHING”
“sometimes i wish i didn’t know anybody so I can sit here and say you know what, just go buy some Washington Mutual and take that yield. Unfortunately i know too many people”

I think if I explain my stock moves I’ll do better.

Heres a stock thats reporting its financial today after market hours.

AutoDesk

Autodesk, Inc. is a design software and services company. The Company offers solutions to customers in the architectural, engineering, construction, manufacturing, infrastructure and digital media markets. The Company’s horizontal design solutions include AutoCAD and AutoCAD LT.

- It’s got to do with the housing market and the recent spurt of home sales. People bought houses and many of them had to be built. In order for them to build that they needed to be designed. Many people resorted to 3d home design as its being more and more popular.

- Houses are usually built in the summer, which means people design their house before that. This stock is releasing their second-quarters earning which will be the period that sells the most copies of the software.

This is an insight on how I analyze stocks. I will post my buy screenshot later today.

Entry Filed under: Mad Money

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