Saturday, November 22nd, 2008

Posts Tagged ‘ DOW ’

Euro Rallies Against Dollar, All Eyes on the Fed

Oct 29th, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar was sharply lower against the euro. Late Tuesday, the euro was trading at $1.2707 vs. $1.2452 on Monday. All eyes were turned toward the Federal Reserve, which began meeting yesterday and will issue its interest rate pronouncement around 2:15 this afternoon, but the preliminary action in equities yesterday (Dow up almost 900) clearly indicated an expectation for a major cut.



Senseless Markets, Companies to Consider, I.O.U.S.A. on DVD, and More!

Oct 29th, 2008 | By Addison Wiggin | Category: Financial News

Take our quiz: Is the market even close to normal anymore?… Credit freeze continues to thaw… Mayer and Denning on what companies need to rebound… Home prices fall again, consumer confidence crashes, but market rallies? … Eric Fry on when this global financial trauma will come to an end… Plus, want a DVD copy of I.O.U.S.A.? Get the details below…



A Currency Bounce

Oct 29th, 2008 | By Chuck Butler | Category: Financial News

U.S. stocks soar!  Currencies rally!  Consumer Confidence at an all-time low!  Getting off the bench! And Now… Today’s Pfennig!



Two Simple Rules To Prosper While Market Panics

Oct 27th, 2008 | By William Patalon III | Category: Stock Market Investing

GDP growth data comes out this week (Thursday). William Patalon III says confirmation that a recession is underway should help the stock market find a bottom. In the meantime, William says investors should follow two simple rules to survive and prosper in this market. 1) Don’t panic sell. 2) Buy undervalued stocks with long-term potential.



Global Investing Roundups Friday, October 24th, 2008

Oct 24th, 2008 | By William Patalon III | Category: Financial News

Microsoft Profit Up; Goldman Slashes Jobs; Dow Reports 6% Jump in Profits; Sony Slashes Earnings Outlook; WaMu Debt Value Set; Crude Gains on OPEC Expectations



3 Reasons Why a Recession Is Inevitable

Oct 8th, 2008 | By William Patalon III | Category: Featured, Financial News

The feds are pulling out all the stops to end the rout in financial markets. On top of the Hank Paulson’s pork-laden bailout bill, the Fed is pumping hundreds of billions into the global financial system. It has even started buying up short-term commercial paper.

Today, the Fed joined other major central banks in a surprise and unprecedented coordinated rate cut. Still, US stocks open sharply lower.

William Patalon III says the Americans “have less money to spend … and are spending more for less.” He gives three reasons why the US is plunging into recession.



Buffett’s Goldman Deal Has Big Benefits, but What Else is Berkshire Up To?

Sep 25th, 2008 | By Jason Simpkins | Category: Financial News, Stock Market Investing

Investing icon Warren Buffett took his own advice Tuesday - getting “greedy when others are fearful” - when he ignored the banking-sector bonfire and slapped down a cool $5 billion for a stake in Goldman Sachs Group Inc. (GS). By literally putting his money where his mouth is, Buffett’s actions - and reputation as a shrewd bargain hunter - restored some of Goldman’s luster and helped bolster investor confidence in the U.S. banking system.



4 Ways To Recession Proof Your Portfolio

Sep 15th, 2008 | By William Patalon III | Category: Featured, Financial News

Wall Street is on its knees, and the taxpayer is on the hook for well over a trillion dollars to prop up the financial system.

Meanwhile, the wider US economy is sliding into a recession.

William Patalon III says there are four solid ways to protect your portfolio from these forces: 1) Buy dividend-paying stocks; 2) Buy gold; 3) Buy companies focused on overseas market; and 4) Don’t panic…



The Dollar Could Rally By 15%

Aug 13th, 2008 | By Andrew Gordon | Category: Featured, Financial News

The dollar is rebounding thanks to eurozone weakness.

On Monday, declining crude oil prices and rising US stocks helped push the dollar to a six-month high against the euro. Today, the euro lost more ground against the dollar. It fell to $1.4900 after a new report showed that the US trade deficit contracted in June.

Can the dollar continue its climb? Andrew Gordon in Investor’s Daily Edge says the short-term outlook is good for the buck. It could rally by as much as 15 percent. But expect formidable resistance soon. More from Andrew below…



Two ‘Safe Harbor’ Plays Right Now

Aug 1st, 2008 | By Floyd Brown | Category: Stock Market Investing

I walked into the University Place Branch of Bank of America on Saturday morning and was eyewitness to a shocking run on the bank. An unruly crowd had taken over the lobby of the branch. Every station in the normally deserted suburban banking center was full of customers.