8:00am (EST) Sorry for the delay on this one. Lost my Internet connection for awhile last night due to a nasty storm… The market continued its yo-yo ways as the Dow added 57 points to finish above 8,500 on Wednesday. We were much higher in the morning as the DowRead more
Thursday's Outlook
Bank of America Breakout?
10:30am (EST) The Financial stocks have been rather quite of late as they seem to be drifting around waiting for 2Q earnings season to start. Goldman Sachs (GS, $147.52, up $0.08) is making a run at $150 and Morgan Stanley (MS, $28.70, up $0.19) looks yummy below $30 but the one stock weRead more
AIG Doing a Reverse
11:35am (EST) American International Group’s (AIG, $1.09, down $0.24) shareholders have approved a reverse stock split that could help the company keep its listing on the NYSE. The company proposed a one-for-20 reverse stock split last week with the SEC (Securities and Exchange Commission) and it just became official. TheRead more
Market Up, Bernie Down
Madoff Sentence Expected Shortly
Weekly Wrap for 6/28/09
1. Commentary 2. Palm Continues To Surge 3. Precision Trading Tools & Tactics Live Webinar 4. Earnings 5. Current Trades 6. Closing Thoughts ************************************************** 1. Commentary The market made a lot of investors nervous last week as the bears took control on Monday after the World Bank cut its globalRead more