All Posts Tagged With: "Financial Sector"
Buy Commodities, and Oil in Particular
Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.
Why Soros Is Getting Ready to Break the Bank of England Again, Part II
As I said yesterday, George Soros - the billionaire investor - who “broke the Bank of England” got his “celebrity status” by betting against the British pound…and now he’s looking to do the same thing by shorting the British pound again.
Buy Commodities - And Oil In Particular
Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.
Financial Indicator - Countrywide Financial
Follow This Indicator To Gauge Financial Sector Health - And Grab Profits.
The Worst Is Not Over
Dan Amoss thinks he’s found the next culprit. And this isn’t just a gut feeling, there’s real evidence here. Is the worst behind us? Dan doesn’t thinks so.
Dollar Surges Against Euro
In the currency market, the dollar firmed against the euro. Late Tuesday, the euro was trading at $1.5482 vs. $1.5541 on Monday.
One Bubble Pops…Another Inflates
The real problem with the inflation/deflation battle…when your farthings aren’t worth what you thought… Which way will this tug-of-war go?…the end of a 28-year long road…the trouble with food…Dismembering the financial sector…the loose financial mores of the U.S. financial system…and more!
Optimism on the Street
US stock futures are pointing up following news of a $5 billion cash injection into Washington Mutual.
According to a report in The Wall Street Journal, the mortgage lender is close to a deal to get a $5 billion injection from TPG and other investors — a deal not brokered by the government, as was the recent Bear Stearns bailout.
The deal seen by some analysts as a sign that the financial sector is starting to pull out of the credit crisis.
Strongest 2Q Start for US Markets in 70 Years
US markets marked the strongest second quarter start since 1938, reports Money Morning.
The rally in financial stocks led the three major indexes to post gains of more than 3%.
At the New York close, the blue-chip Dow Jones Industrial Average Index had posted a gain of 391.96 points (3.20%), to close at 12,654.85.
Latest News
- It Could Get Worse Before It Gets Better3:42pm CDT
- Base Metals Savaged3:36pm CDT
- Crude Plummets Below $803:31pm CDT
- Shortages, Bankruptcy and More!3:28pm CDT
- US Dollar Whipping Everyone3:26pm CDT
- Fed Floods the Markets with US$3:22pm CDT
- Gold Endures Frightful Selloff3:19pm CDT
- Citigroup Concedes Wachovia to Wells Fargo3:00pm CDT
- Breaking News: Dow Rebounds… Biggest One-Day Gain Ever…2:20pm CDT
- Adam Lass Says US Blue Chips Could Lose Another 34%1:49pm CDT
- Why Smart Investors Should Be Thinking about Cows11:42am CDT
- Why Energy and Resource Plays Will Profit in the Long Term10:41am CDT
- Some Very Healthy Resource Stocks Are ‘Shockingly’ Cheap10:20am CDT
- How to Play the Sovereign Wealth Fund Property Boom9:26am CDT
- Early Indicators: Europe Acts to Rescue Banks… Stocks Up…9:19am CDT
- Nouriel Roubini: Markets Will Fall Another 20%5:55pm CDT
- Goerge Soros: Financial Crisis Is the ‘End of an Era’1:48pm CDT
- Government Rescues Will Trigger a Bull Market in Gold11:22am CDT
- Natural Gas and Water Are the Investments of the Future2:41pm CDT