Stocks
Citigroup Creator Says Break Up The Big Banks
The banking industry was sucker punched late last week by an unlikely assailant. Former Citigroup Chairman and CEO, Sanford “Sandy” Weill, appeared on CNBC’s Squawk Box and called for breaking up America’s big banks. Here’s what he said… “What we should probably do is go and split up investment banking from banking. Have banks be […]
Four Reasons Why I’m Getting Bullish On The Market… Part II
Last Monday, I began telling you about four reasons why I’m starting to feel more bullish about the market. If you missed the article, you can find it here – Four Reasons Why I’m Getting Bullish On The Market. In that article, I discussed the first two reasons why I’m feeling more positive about the […]
Four Reasons Why I’m Getting Bullish On The Market
The market got off to a great start in 2012. From January through early April, it made a steady upward climb. In fact, the S&P 500 Index gained nearly 13% in that time. Then, the wheels came off a bit. Investors began worrying once again about the financial crisis in Europe and slowing growth in […]
A Strong Month For Stocks… Here’s What’s Next!
Wow… what a rally! The S&P 500 and Nasdaq are up a hefty 4% in the last week and a half while the Dow’s risen a respectable 3%. Not too shabby considering many investors were convinced Europe’s problems would kick off a gruesome wave of summer selling. Well, a funny thing happened… Europe’s problems didn’t […]
Is The Market Poised For A Big Summer Rally?
The second quarter came to an exciting conclusion on Friday. Stocks soared thanks to a last minute deal by European Union leaders to prop up the region’s ailing banks. The Dow Jones Industrials rose 2.2% to close at 12,880.09. The S&P 500 Index notched a 2.5% gain, rising 33 points to 1,362.16. And the Nasdaq […]
Scared Of The Headlines? Here’s A Tip…
No doubt about it, the European Union (EU) is caught up in a whirlwind of uncertainty right now. One day it sounds like the group of nations is ready to rip apart, and the next it appears European leaders will get the whole fiasco ironed out. And while financial matters are more stable here in […]
Will The Fed Rescue Investors Again?
The month of May was a brutal one for the stock market. After hitting a four-year high of 13,338 on May 1st, the Dow Jones Industrials went on a gut-wrenching downward slide. The Blue Chip index gave up more than 820 points or 6.2% for the month. It was the Dow’s worst monthly performance in […]
Exxon Mobil (XOM) Is Ready To Lead The Market Higher…
Just a few short weeks ago everything was hunky dory in the markets. First quarter earnings were coming in strong and market indexes were trading at multi-year highs. Investors were bullish and markets were poised to add to already fantastic year-to-date gains. But then Greece stole the show… Growing worries over a Greek exit from […]
Facebook Stumbles On IPO… Is It A Buy?
The Facebook (FB) IPO was hailed as one of the greatest investment opportunities in stock market history. But in the end, it can be summed up with just one word… ANTI-CLIMACTIC! There’s really no other way to describe it. Investors had been anticipating for months that Facebook would soar on the IPO. With nearly one […]
Is Another Summer Market Crash Coming?
Investors are getting worried… European news headlines are growing more grim by the day. By the looks of it, last summer’s patchwork Greek bailout is pulling apart at the seams. Whispers of bank runs, contagion, and European economic apocalypse are everywhere. As if that’s not bad enough, the strength of the US economic recovery is […]
