Current Feed Content from 26 Aug 08 15:55
Market Tanks 2% on Financial Woes
Tue, 26 Aug 2008 04:57:20 +0000The market gave back Friday’s gains yesterday as worries about the financial sector heated up once again. The main culprit these days seems to be American International Group (AIG, $18.78, ...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Dry Bulk Shipping Stocks
Mon, 25 Aug 2008 12:42:47 +0000I’ve been getting a few emails on DryShips (DRYS, $71.18, up $0.09) lately and I though today would be a good time to talk about the stock. The company recently reported 2Q earnings of $300...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Economic News
Mon, 25 Aug 2008 10:35:03 +0000It’s likely to be another volatile week on Wall Street as a number of key economic reports will certainly have an impact on the market. Although the economy is chugging along, in order for the...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Copper Plays - Update
Mon, 25 Aug 2008 00:38:10 +0000Some of you may have scaled into the copper plays on Friday at lower entry prices from Thursday’s close thanks to the nearly 200 point rally in the Dow. I profiled some October and January...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Lehman Up on Buyout Rumor
Fri, 22 Aug 2008 16:31:22 +0000Lehman Brothers (LEH, $15.82, up $2.10) is trading higher this morning on news that the Korea Development Bank was considering a bid for the company although nothing is official. According to the...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Time to Drive Copperhead Road
Thu, 21 Aug 2008 19:40:46 +0000We created a Mining Watch List back on May 22 for a few companies that provided us with some trades to go long. By mid-June we were out and since then, all four of the stocks have been hammered to...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Oil Spikes, Gold Follows
Thu, 21 Aug 2008 12:11:05 +0000Oil prices are up $6 a barrel this morning, its highest level in over two weeks, as escalating tensions with Russia heat up. The price of oil is at $121 and change and could go higher if a...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Fannie and Freddie: The Other Side of the Coin
Thu, 21 Aug 2008 11:23:15 +0000Yesterday I mentioned that I couldn’t find a compelling reason to go long on Fannie Mae (FNM, $4.40, down $1.61) and Freddie Mac (FRE, $3.20, down $0.92) although the payoff could be huge. The...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Timing is Everything
Wed, 20 Aug 2008 18:44:23 +0000The “timing is everything” quote couldn’t have had more meaning today with a few of our trades. The bears had thoughts on taking the financial sector lower until the bulls stepped...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]Yahoo Under $20
Wed, 20 Aug 2008 12:44:15 +0000Yahoo (YHOO, $19.38, down $0.05) has dipped below $20 again and it may be time to start nibbling on a small position. The stock has taken a back seat to the financial sector right now and it may be...
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