This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Don't Be So Down on Disney

Mickey Mouse is bound to be a victim of the credit crisis, or so says The Wall Street Journal. How does it know for sure?

Well, it doesn't.

In a WSJ article about Disney (DIS - Get Report) today -- " Headwind Threatens Disney Parks: Global Economic Slowdown Promises to Take a Toll on Next Year's Bookings" -- actual proof (such as hard booking information) is absent. Even well-founded intuition, which is far easier to come by, is nonexistent. There is no mention of troubling indicators, such as, say, an increase in promotional activity.

And yet there is that dire and scary sub-headline, which has all the subtlety of a finger in the eye.

The business media are always stepping over the line -- and usually at just the wrong time -- between too positive and too negative. They give voice to the madness of the panicked or elated crowd, even as they push it further in the direction it was going, and much of what The Business Press Maven has done in the past couple of years has involved waving big red flags about how the business media were too blindly positive.

And now? Well, such corrosively negative articles as this one are still infrequent, but the times, they just might be a-changin'.

Look at how this article reaches too far and contorts itself too much in order to conjure up doom for Disney. The first half of the lead is fair enough: "Walt Disney Co.'s theme-park and resort unit has coasted through months of mounting U.S. economic woes ..."
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DIS $115.70 0.00%
AAPL $126.00 0.00%
FB $87.55 0.00%
GOOG $522.86 0.00%
TSLA $279.72 0.00%

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.76 -8.02 -0.39%
NASDAQ 4,991.94 -17.2740 -0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs