Stocks
Will Foreclosure-Gate Bust The Banks?
I’m sure you’ve heard this old Wall Street saying… Buy the rumor and sell the news. We’ll often see traders buy a stock when they expect good news in the future… Buy the rumor. Then once the news is released – the catalyst is gone – and they sell… Sell the news. It causes the […]
Is Microsoft A Smart Bet For A Short-Term Trade?
The race for market share in smartphone operating system software is about to take an interesting turn. Symbian, which is heavily backed by Nokia (NOK), is the global leader with more than 40%. And Research In Motion (RIMM) with its popular Blackberry is second at 17.5%. But both of them are under heavy pressure from […]
You Can’t Handle The Truth!
Where were you the morning of May 6, 2010? Let me refresh your memory… It was the start of a turbulent trading day. There was some bad news out of Europe, and the markets were acting weak. This was nothing out of the ordinary really, just some heavy selling activity. Nothing the markets haven’t seen […]
Boom Or Bust For Agribusiness Stocks?
Have you noticed the second half of 2010 is shaping up to be a banner year for commodities… Yep, hard assets are rocketing higher. And the US Dollar is plummeting. As a result, Ag stocks are growing faster than weeds! The Market Vectors Agribusiness ETF (MOO) is a good proxy for Ag stocks. It holds […]
A Great Way To Get Your Portfolio Back On Track
When I was studying law at George Washington University in Washington, D.C, I spent most of my time in class or at the library. But every so often I would take a well-deserved break. My favorite excursion was shooting up to New York City for a weekend. Instead of taking a flight though, I would […]
Will Midterm Elections Drive Stocks Higher?
It’s official… Congress has adjourned early so its members can go do what they do best… campaign of course. With about a month to go before the election, our faithful public servants are pulling out all the stops to keep their jobs. It’s the earliest pre-midterm election recess since 1960. Why the rush to get […]
Got Cash?
Americans’ collective wallet got a bit lighter last quarter. According to the Federal Reserve, household net worth dropped $1.5 trillion in the second quarter. Clearly, this is another blow to consumers struggling to repair their balance sheets. I’m sure you’ll agree it’s a tough environment for consumers. How are they supposed to be optimistic when […]
Are You Patient Enough?
“How poor are they that have not patience!” You Shakespeare fans probably recognize this line from the Bard’s epic tragedy, Othello. I must admit I’m not much of a Shakespeare scholar myself. But I do recognize words of wisdom when I read them. And this quote is dripping with keen insight. Now, I doubt Shakespeare […]
There’s A Treasure Hidden In Your TV…
Thinking about buying a new liquid crystal display (LCD) television set but worried about the price? Don’t be. I’m going to let you in on a little secret. If you crack open certain LCD TVs, you’ll find a veritable treasure trove inside. I’m talking rare stones like sapphires and rubies… Well, maybe not precious gems […]
The No. 1 Reason You Should Buy Stocks Now
Tired of the same old economic data? It seems like all we hear about in the media is jobs and consumer spending. But they don’t tell the whole story. And to be perfectly honest, they’re wildly erratic and prone to huge revisions. There’s a better solution. It’s an economic indicator the Wall Street Journal calls […]
