Welcome to the 73rd edition of the Festival of Stocks, brought to you by the folks at Investing Adventures in conjunction with Value Investing News. Hopefully by now you have your long positions in place, the coffee’s hot, and you’re ready to go. Let’s start you off with some reading material to help [...]
Here’s another edition of “What You Should Be Reading!” This week, the markets signaled a turn of events for some traders. For one, he’s finally hitting base hits. The other needs to STOP DAYTRADING and follow his rules. Patience looks to be key in a market like this. Without further [...]
600 points. That was the swing from the Dow low on open this morning to the monster bullish close this afternoon. The markets closed up almost 300 points with homebuilders and financials leading the way. Homebuilder sector gained about 11% today as a result of yesterday’s rate cut plus a potential bond [...]
Dow futures are down 300 points this morning reaffirming my thoughts that rate cuts mean nothing! Apple’s guidance last night has really set the stage for the rest of the market. If Apple’s warning of lower estimates, what does that do to others such as JCP, COH, other retailers, and the economy in [...]
Last night, the futures market showed the US markets dropping over 500 points on fears of an emerging recession in the US. While I was hiding in fear at the doctor’s office, Bernanke and the FOMC held an emergency meeting and cut interest rates by 75 bp, bringing both the Fed Funds Rate and [...]