Stocks rallied put together a very impressive rally out of the hole on Tuesday. After being down over 200 points in the early going, the Dow Industrials rallied in the final hour to close 250 points to the upside. How many times have stocks been down +1% at 3 pm only to rally and finish in the green...
Economists are responding to weakening economic data by slashing their U.S. GDP growth estimates. JP Morgan's economists now say growth will top out at 1% in the fourth quarter, and slow to 0.5% in the first quarter of 2012. Goldman Sachs has already reported there is a 1 in 3 chance the U.S. will...
Let me admit my bias right here: I don’t “get” Twitter. This isn’t just because I’m too old. My teenage daughter, Isabel, tells me she thinks it’s pointless and that none of her friends use it. I also don’t see how Twitter will ever make money, though it’s...
Global Emerging Markets (GEMs)
Filed under: Filed under: Argentina, Ford, GEMs, Microsoft, Charles Krakoff, Goldman Sachs, JP Morgan, high frequency trading, Facebook, block trade, private placement, capitalism, individual investor, institutional investor, Twitter, BATS, NYSE
Normal 0 MicrosoftInternetExplorer4 Your Daily Profit July 13, 2009 *****Strong Dollar Propaganda *****Earnings and Economic Data *****Blueprint for Profits Fellow Investor, A few weeks ago, Treasury Secretary Geithner had to go to China to assure our largest creditor that their investment in the U.S...
Filed under: Filed under: Ian Wyatt, Geithner, Meredith Whitney, Intel, INTC, Goldman Sachs, GS, GE, JP Morgan, Fed, GOOG, BAC, JPM, Treasury, earnings
*****Lending Profits *****Nationalization = Communism? *****Recovery Portfolio Fellow Investor, It is a strange sight to see the Dow Industrials trading at 6,700. That's still a level from 1997. And it still indicates that people don't want to own stocks. At this point, it seems to be as much...