Archive for October, 2007
Wednesday, October 17th, 2007
Black gold. Texas Tea. You know the rest. The very thing that made Jed Clampett so rich is doing the same for many companies these days. Oil has hit an all new high and 'where will it go from here' is the question on everyone's lips.
Light, ...
Posted in Market Commentary | No Comments »
Tuesday, October 16th, 2007
If you find yourself posing that question, I'd like you to look at things in a different way. For example, I'd pose the question: "What can't go wrong with an investment?" When you invest your money you need to make sure you understand the downside, because it can ...
Posted in Investing | No Comments »
Monday, October 15th, 2007
Oil is getting to be a very expensive commodity. Investors are waiting for earnings reports this week, and are absorbing quite a bit of mixed economic news. America's largest banks are getting ready to bail out the subprime paper market.
Citigroup Inc., the nation's biggest financial institution, reported that ...
Posted in Market Commentary | No Comments »
Friday, October 12th, 2007
If you are interested in investing, there's one area you don't want to neglect a study of. Pay particular attention to the transaction costs of your investments, because your very return depends on it. If you aren't careful, you'll be drilled nearly into oblivion by costs. These ...
Posted in Investing | No Comments »
Thursday, October 11th, 2007
The SEC is being asked to look into case of insider trading at CountryWide Financial, the troubled lender. The subprime mortgage crisis has been tough on almost everyone in the financial industry, but not so for Countrywide CEO Angelo Mozilo. Now, some would like his trades investigated. ...
Posted in Stock Highlight | No Comments »
Wednesday, October 10th, 2007
Apparently the UAW is in a striking mood these days. Workers at Chrysler have now walked off the job, much like their counterparts did at GM.
It would be the first UAW strike against Chrysler since 1997, when one plant was shut down for a month, and the first strike ...
Posted in Stock Highlight | No Comments »
Tuesday, October 9th, 2007
Investors in the stock market think of rate cuts as a panacea to the woes of the economy. Or at least that's what they appear to be thinking when they react like they do to news about the minutes of the Fed's latest meeting.
The minutes from the ...
Posted in Market Commentary | No Comments »
Monday, October 8th, 2007
Stocks cooled off today as investors awaited news of earnings. Columbus day had its' effect as the bond market was closed so investors didn't have their normal guidance.
Earnings are expected to reflect the difficulty some companies have faced -- particularly in the financial and housing sectors -- following upheaval ...
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Friday, October 5th, 2007
So many people rush into investing in the stock market, many of them never even do basic research. Even if you have done a ton of research, it's still no guarantee you'll earn a big return. So what's the best way to make sure you don't get burned ...
Posted in Investing | 1 Comment »
Thursday, October 4th, 2007
Luminent Mortgage Capital Inc. has had their share of bad news recently, with the mortgage industry being in the crapper for the most part. So now when they announce some good news, it tends to ease some investor's minds.
The San Francisco-based mortgage investor, whose stock slid from more than ...
Posted in Stock Investing Principles | No Comments »
