Breaking news from around the web, and commentary on current financial news affects us daily. On any given day there are political, financial, economic, and Company news events that affects our lives, and more importantly, our pocketbooks. Take a look around and see how you are being affected today.
Week in Review: Stocks gain amid Greek bailout hopes and strong economic news
For the week ended March 12, 2010
* Higher-than-expected retail sales boost hopes for stronger U.S. growth
* BMW profits up 36%
* Greeks go on strike
* European production grows
* Brazil’s economy expands 2%
Stocks rose around the [...]
K.I.S.S. Keep It Simple Stupid:
I take great liberty in using the word “stupid” and mean no offense. However, if you had made as many “stupid” trades as I have over half a century you would accept the word as being most appropriate. Just as K.I.S.S. applies to so many things in life, it most assuredly applies to anything you [...]
Collection Agencies:
At one time or another most of us struggle with mortgages, car payments, medical bills, credit card obligations, student loans: the bills keep rolling in. The current economic crunch is finding more and more people facing debt collection. Many who are trying to keep up with monthly payments, have found themselves in a situation made [...]
ONE YEAR LATER: March 9, 2009 – March 9, 2010
Today we celebrate the first birthday of the current bull market, the one born a day after stocks hit rock bottom on March 6, 2009, ending the second worst stock market meltdown in history. It has been quite a year since the S&P 500 hit the staggering low of 666.79, so Happy Anniversary!
I had to [...]
Gold: Best Supporting Role In Economic Downturns? Think Again
Gold’s safe-haven status is based on hype, not history
March 9, 2010
By Nico Isaac
As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all [...]
Long-Term Investor Tips:
While my career has been in very short term trading, I have on occasion held positions for extended periods and offer these suggestions.
Sell the losers and ride the winners! Far too often investors take profits by selling their appreciated investments, but then hold onto stocks that are trading lower. [...]
Information Overload:
I must admit that in past articles I have recommended that traders/investors conduct their own research and combine that with technical analysis, market conditions and sector trends. However, belief that more information is better can lead to information overload.
From the talking heads on CNBC to the news [...]
