Over the past several weeks, there has been a growing chorus of negativity coming from all directions. It always concerns me when I hear everyone singing the same tune. For instance, recently investing in gold was said to be the only way to protect your portfolio from this economic calamity....
Perhaps it is nothing more than wild speculation at this point, but rumors are popping up on the street that Warren Buffett may have received margin calls related to derivative/option investments. Yes, these are the same type of investment that Mr. Buffett has termed, “financial weapons of mass destruction.” As...
The earnings stampede continues. Last night, Apple’s (AAPL) news of higher than expected numbers seemed to be a temporary relief to what was gearing up to be an ugly season. Early on in today’s session, Google (GOOG) was riding on the coat tails of the initial market move higher...
Layoffs are affecting millions. Stores are closing, municipalities are cutting hours of the paid work week and all around there are signs of concern about the economy. Yet, even with all of that, there are stock and even sectors that will do well. Take the education stocks as a good...
Citigroup‘s (C) earnings have been downright awful over the past year and today‘s release will be prove to be no exception. Estimates for this quarter are expected to show a -$1.19 per share loss. If the earnings from Marshall & Ilsley‘s (MI) report is any indication of the...
Resolution time is here and all too often, thoughts turn to ideas about self improvement that usually last for only about 2 weeks or so. Have you ever noticed that the parking lot of your local fitness club is packed the first few weeks of the new year? Then, like...
It looks great at first glance, but looking closer it appears to be too little, much too late.
New legislative action has been enacted that waives the Required Minimum Distribution (RMD) from IRAs and other types of pension plans for 2009. The idea is to help retirees who have seen their...
I just reviewed Brian Shannon’s new book on MSN TopStocks. It really is a terrific reference to help understand the world of technical analysis, not to mention helping you a better trader.
Equation: Better Trader = Better Profits
Here is what I have to say:
Whether you are looking at technology...
For many people, this has been one of the most difficult times of their lives. Both in the U.S. and abroad, people are living under a cloud of uncertainty about their future financial position. I know this because I have been inundated with e-mail from people asking for help.
People are...
Upwards of 65% of the S&P 500 companies have reported thus far and we have been continuing to see disappointment after disappointment. It is estimated that profits for the entire index will come in 11.7% lower as compared to last year.
Many of the real problems have yet to be...
