We weren't the biggest fans of Precious, but that Lee Daniels snagged a Directors Guild nomination -- the first ever for an African-American -- is something to be noted.
BUY
Treme
SELL
Michael Steele
Again. Steele and the GOP have no problem pointing out the mote in Harry Reid's eye while disregarding the beam in their own.
What started out as a slow post-holiday week kicked up yesterday, but finds its way back to normal on this Friday.
WINNERS
HBO (HBO)4.98+1.17+23.49%
If there's any channel that's made an effort to tell a variety of black stories, this is it. We all know about The Wire and their documentaries, but increasingly we've been impressed by their sports shows like Hard Knocks, 24-7 and Real Sports, which all do great jobs of showing us the characters behind the athletes we root for every weekend.
It's still TV, but it's pretty damn great.
LOSERS
Fans of "For Colored Girls..."(F4CG) .36-.71-66.36%
Our deepest condolences.
Maybe we're wrong. Maybe the adaptation won't suck. Yeah, we wouldn't bet on it either.
Another week ends with the Index making steady gains.
WINNERS
New Orleans (NOLA)17.31+3.33+19.24%
Some good news as HBO picks up David Simon's New Orleans based show "Treme", about a Crescent City neighborhood, post-Katrina, and the musicians who live there.
Treme Brass Band
Bringing work and attention being brought to the still reeling city can't be a bad thing.
LOSERS
Marion Barry (CRKMAOR)1.31-.97-42.54%
The Washington D.C. City Council nearly unanimously in support of gay marriage legislation, with former Mayor Barry the lone holdout. His reasons for not supporting gay marriage... rather, dubious.
In theory analysts should be overjoyed that a non-Tyler Perry movie starring Stringer Bell topped the weekend box office at nearly $30 million, but the films stirring lack of quality leaves the Market unmoved -- literally.
What recession? Negroes be going to the movies, that's for sure.
Whether Rep. Jesse Jackson Jr. had any role in the Illinois Senate scandal or not (and we're hoping he didn't), there's no doubt that the news coming out has stained his thus-far pristine image.
Analysts here have a pretty good idea where Gov. Blagovich may have come up with his pay-for-play concept.
With roles on "Lost" and "Fringe", Mr. Reddick seems to be making out the best of all the actors from the talented troupe that comprised 'The Wire'.
Don't forget the Caddy...
LOSERS
Reginald Hudlin (HSPTY) 31.76 -4.27-11.85%
While BET has branched out beyond the music videos and infomercials that characterized the network in the years before he arrived, it's safe to say that Mr. Hudlin's three year tenure didn't meet expectations, what with no break out hits and a production slate that in depth and quantity harkens back to a pre-millennial cable universe.
The Bsi posts yet another loss after a volatile week that saw a heavy volume of Misplaced Community Outrage (MCO). By Friday MCO was back trading at usual levels, however there are concerns about speculators creating another run before in the next couple of months (after all, this IS and election year).
WINNERS
Passing Strange (PSM)34.9+3.1+9.7%
News of the musical's closing got the week off to a rocky start, but word of Spike Lee adapting the show for TV left PSM up nearly ten percent.
LOSERS
The Emmy's (EMY).94-8.31-89.8%
The Street really punished EMY for once again failing, in their last chance, to acknowledge the brilliance of "The Wire".
Other losers in a tough week:
Eddie Murphy (EMRF)-14.9%
Black America's Collective Comprehension of Satire (BACCS)-8.8%