Russell Investments will reconstitute the stocks in the Russell Indexes after the closing bell today, Friday June 25. For many funds that track Russell's indexes this means there will be frantic buying and selling over the coming days. Given the turmoil in the market over the past 12 months, analysts...
At this point, BP has lost around $100 billion in market capitalization. Yet even the wildest estimates for the cost of the Gulf of Mexico spill are far below that amount. The Exxon Valdez spill cost around $9 billion in inflation adjusted dollars. Even if this disaster costs triple the Valdez, it's...
Your Daily Profit October 8, 2009 *****Unemployment Down *****Alcoa Up *****Dow 10,500 Fellow Investor, U.S. Mint Suspends Gold Coin Production In an official--but quiet--release the United States Mint suspended production of the ever popular gold eagle coins until further notice. When companies see...
Normal 0 MicrosoftInternetExplorer4 Your Daily Profit June 18, 2009 *****Uncreating Money *****New Buy Signal? *****TradeMaster: Buying for a Bounce Fellow Investor, 10 banks have paid back $68 billion in TARP loans. Including some smaller banks that have already repaid loans, the total is now over ...
Normal 0 MicrosoftInternetExplorer4 June 4, 2009 *****Government Doublespeak *****Deficits Threaten Growth *****As the News Cycle Turns Fellow Investor, Software developer Wind River (Nasdaq: WIND ) is the small cap leader today posting a 44% gain as of press time, 1:15 P.M. Eastern, on news of its acquisition...
Your Daily Profit April 9, 2009 *****Fed Minutes *****Wells Fargo *****Oil Stocks Fellow investor, The minutes from the last FOMC meeting were released Wednesday. You might recall that was the meeting where Fed Chairman Ben Bernanke announced that the Federal Reserve would start buying $1.13 trillion...
****Obama and Stocks ****SXC Health Systems (SXCI) ****Anecdotal Evidence Fellow Investor, Stocks finished lower yesterday after Obama's speech. The lows were hit early in the day and stocks managed rally to positive territory before finishing slightly in the red. What to make of this? Not much,...
***Back in Time ***The $2.9 Trillion Gap ***Microsoft's Glitch Fellow Investor, Seems like every day we dial the clock back another year or two. Friday, stocks closed at levels not seen since 2000. Yesterday, it was 1997. By the end of the week, we might be in yet another different decade. But I...
Posted to
Daily Profit
by
Ian Wyatt
on
02-25-2009
Filed under:
Filed under: stimulus package, sector, Ian Wyatt, Investor Forum, stimulus plan, bailout, bank bailout, small cap, MSFT, Microsoft, GDP
*****Whitney Speaks Again *****Market Trends *****Rant of the Year Fellow Investor, More depressing forecasts for the big banks from the best big bank analyst out there, Meredith Whitney. You may recall it was Whitney who forecast the dividend cut at Citigroup (NYSE:C) back in October 2007. That was...
Posted to
Daily Profit
by
Ian Wyatt
on
02-20-2009
Filed under:
Filed under: Ian Wyatt, Ian, Treasury Bills, bank nationalization, Rick Santelli, CNBC, Meredith Whitney, Santelli, gold price, gold, small cap, Fidelity, inflation, CitiGroup