Tag: foreclosures
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 […]
Your Final Warning
This is it… Right now is your last chance to get out! Fannie Mae (FNM) and Freddie Mac (FRE) stocks are heading to $0. Earlier this week, the two mortgage finance giants were ordered to delist their stocks from the New York Stock Exchange. Both stocks have plunged since the news hit. As I’m writing, […]
Why Home Depot Is A Great Stock To Buy
I just made a big change in my life… and along with it, I uncovered a great investment idea. As many of you know, Linda and I started looking for a new home a few months back. Prices were down. They’d finally reached a level we thought was reasonable… so we took action. We started […]
Homebuilder Stocks Still Not A Good Buy
Stay away from the homebuilder stocks. Mark my words. Now’s not the time to go bottom fishing in this beat up industry. Despite a rally in the S&P Homebuilding Index (XHB), now’s not the time to buy. Why am I so convinced? Because 62% of homeowners are crazy. Yes, Crazy. Let me explain myself. Just […]
