President Bush signed a $168 billion economic stimulus package today, which will provide tax rebates of up to $1,200 per working couple, plus an additional $300 per child. An unexpected rise in retail sales also boosted US stocks back to black. The three major indexes closed in positive territory on today’s bullish news. Read More
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One of our Cash Cows took a beating last Friday, Feb. 8, because the markets don't seem to understand the news the company just released. Read More
US stocks opened higher today after Warren Buffett made a proposal to buyout bond insurers’ liabilities. But the three major indexes turned lower, closing in a mix. Read More
We’ve made some egregious errors in the latest issue of PF, and we apologize for any inconvenience or confusion our mistakes may have caused. The errors and corresponding corrections are outlined below. Read More
With a nearly daily barrage of negative bits of economic data selectively dispersed in and about the US economy and markets, including the misreporting and spin on US consumer credit this past week, investors are scrambling to find markets and economies that still are good to grow and, therefore, still a destination worthy of investment cash. Read More
Following a gloomy outlook last week, the three major indexes bounced back to close in positive territory today. The tech sector also received a boost after Yahoo! rejected Microsoft’s takeover offer. Read More
US stocks closed in a mix following another volatile trading session as worries regarding the direction of the economy worsened. Read More
Bargain shoppers were on the loose today as investors ramped up deep discounts. US stocks rallied to close back in positive territory after trading the in the red all week. Read More
After rebounding intraday, US stocks turned lower Wednesday to end in the red after a Federal Reserve official spoke out against aggressive rate cuts. Read More
Thornburg Mortgage (NYSE: TMA) just closed its fourth quarter earnings call. Despite the continuing problems in the industry, the company posted bullish quarterly numbers. Read More