Bank failures are expected to spike over the next two years. These bank stocks should go up as the competition goes under. Read More
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We wrote about the untold tech story months ago, and our picks took the ride up that we predicted. But the party is just getting started. The chip-makers and cloud computing firms will be next to rise. Read More
Coal’s dominance among developing economies will ensure it remains the world’s largest and fastest-growing source of electricity. Here’s how to play that growth. Read More
I expect a global economic recovery during the next few months that’s likely to power a rally for global stock markets into year end. Use any short-term pullbacks in PF favorites as buying opportunities. Read More
The three major US stock indexes finished the session on the down side. Increasing fears of unemployment numbers (which will be released tomorrow, Friday August 7th) for July fueled financial stocks to sink this session. Read More
Growth Portfolio holding Linn Energy (NSDQ: LINE) announced that it’s acquiring oil-producing properties in the Permian Basin of Texas and New Mexico for a total purchase price of $118 million, funded using the company’s existing credit facility. These properties have total proved reserves of 12 million barrels of oil… Read More
The three major US stock indexes finished with losses. Read More
The three major US stock indexes finished with small gains as the energy and materials sectors were down 0.7 percent and 0.5 percent, respectively. Read More
The three major US stock indexes kicked of the month with solid gains, pushing the S&P 500 past 1,000 for the first time since November. Raw material and energy producers led the surge in the S&P 500 and manufacturing and construction firms beat analyst expectations. Read More
GDP is a backward-looking indicator. But Friday's report largely backs what I've been saying for months: The US recession is easing and will likely end later this quarter or early in the fourth quarter. Read More