Steal Money from Google (NASDAQ:GOOG)
Mar 13th, 2009 | By Charles Delvalle | Category: Chart of the DayI don’t say this to brag but, damn, my readers have been making some money lately!
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I don’t say this to brag but, damn, my readers have been making some money lately!
Back in December, with the U.S. recession in its 12th month – and showing no signs of abating – Money Morning Contributing Editor Martin Hutchinson warned that an “L”-shaped recession was very possible.
Have we hit bottom? The U.S. unemployment crisis has changed the purchasing habits for the American consumer. The Investment U Research Team gives us two stocks that are benefiting from the recession and this new way of life .
Auditors: GM Bankruptcy Necessary; Ford Plans to Reduce Debt by 40%; Wal-Mart Feb. Numbers Strong; Google Sitting on $8.6 Billion in Cash; Mortgage Delinquencies Hit Record High; Blockbuster Won’t File for Bankruptcy; Citigroup Shares Break the Buck; Oil Falls Below $44
Playboy in Play? Honda Throttles Back Jet Program; Hedge Funds to Hedge Bets After Losses; JPMorgan Will Modify Loans; Google Will Rather Fight Than Switch; Mortgage Applications Soar as Rates Fall
Have you ever really looked at a stock chart? Technical analysis uses stock chart patterns to make money in the market. Technical charts can be hard to decipher for the uninitiated.
As I sit here and admittedly do something horrendous – eat Ben and Jerry’s Cherry Garcia flavored ice cream at about 6:30 in the morning – I made the important revelation that sometimes people don’t do what they should…
It still bewilders me just exactly how fast Google (GOOG) went from the “Yahoo Wanna-be” to the king of the search engine universe. When it comes to Google shares though, lately they’ve been down and out. But that doesn’t mean you can’t make money.
If you still look at Amazon Inc. (AMZN) as just an Internet retailing giant, you’re not just missing the point – you are also missing one of the really great long-term profit plays in the market today.
Imagine sitting at your boring day job knowing that tens of thousands of dollars were pouring into your checking account during the day. That’s exactly what happened to Steve Demeter when his iPhone game Trism hit big in August.
The game, which he created in his spare time, made Demeter $250,000 in its first two months on Apple’s “App Store” — enough to entice him to quit his job as an ATM software designer and start his own game development studio.
But Demeter’s game earned mere pocket change compared with some of the other independent developers who’ve hit it big recently. Look no further than Ethan Nicholas, a one-man team who watched his own game, iShoot, climb to No. 1 on Apple’s…