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  • March 7, 2008

US stocks continued to slump even lower as discouraging unemployment data wreaked havoc on investor sentiment. Not even an announced liquidity infusion from the Federal Reserve and a minor rally in the financial sector were able to stave off the rampaging grizzlies. Read More

  • March 6, 2008

One of our Nibblers announced last night that it had another margin call from its trading account. The call was for approximately $28 million on a line $320 million.  Read More

  • March 6, 2008

Oh, what a difference a day makes. After posting modest gains yesterday, US stocks plummeted as the financial sector took a pounding on news that mortgage foreclosures had reached record levels. The S&P 500 and the Nasdaq both declined precipitously to their lowest close since 2006. Read More

  • March 5, 2008

US stocks climbed higher today, but investor sentiment was somewhat tempered as an expected bailout of troubled bond insurer, Ambac Financial Group (ABK), failed to materialize. Meanwhile, crude oil futures soared to a new high. Read More

  • March 4, 2008

We need to stop behaving like lemmings. Whether we’re running with the pack on the way up the hill, full of glee and optimism as we climb ever higher, or whether we’re jumping off the cliff, full of panic and fear amid a new selloff, following the crowd never works out well. Read More

  • March 4, 2008

Punch drunk and reeling, US stocks still managed to fight back from yesterday’s battering, spurred on by an announced bailout of Ambac Financial Group (ABK). Still, investor confidence remains shaky after Federal Reserve Chairman Ben Bernanke warned that more home foreclosures may be on the horizon. Read More

  • March 3, 2008

March sure did come in like a lion. Or was it a bear? US stocks took a big hit intraday on continued economic woes before battling back to close in a mélange. Read More

  • February 29, 2008

Losses from American International Group (AIG) and Dell weakened investor sentiment in the larger marketplace today. The three major indexes took a hit as US stocks laid down the red ink. Read More

  • February 28, 2008

One of our Nibblers came under market scrutiny this morning, with common shares dropping as low as 9.17 off the open from a Wednesday close of 11.54.  Read More

  • February 28, 2008

Following Federal Reserve Chief Ben Bernanke’s speech on inflation today, US stocks tumbled to close deeper in the red. Government data showing a slowing US economy also battered the three major indexes during a particularly volatile trading session. Read More