US stocks tumbled into negative territory today on reports of an eight-year low in existing-home sales data before battling back to black. But just before the closing bell, the market turned lower again to close in the red... Read More

We’ve received several subscriber inquiries asking if our Simon Property 8 3/8% Preferred Series J (NYSE: SPG J, CUSIP: 828806885) is being called. The answer is no... Read More

US stocks turned early losses around to close in positive territory. The Dow Jones Industrial Average climbed 109.26 points, or 0.81 percent, to close at 13,676.23. The Nasdaq Composite rose 45.33 points, or 1.65 percent, to close at 2,799.26. The S&P 500 gained 13.26 points, or 0.88 percent, to close at 1,519.59... Read More

It looked like a game of tug-of-war on Wall Street. US Stocks zigzagged their way back and forth, in and out of negative territory, before battling back from significant mid-day losses to close in the black... Read More

Nobody knows the pains of the mortgage business more keenly than shareholders in Thornburg Mortgage (NYSE: TMA). The company went through its last quarterly report, which wasn’t much of a surprise in the numbers but rather in how the company’s management continued to explain that the market for mortgages is far from settled. Read More

On the 20th anniversary of Black Monday, US stocks fell amid rising crude prices and increased anxiety about the economy... Read More

You’d think the energy business would be of increasing interest to the market, but that hasn’t been the case during the past several weeks for some of our prime petrol partnerships. That lack of interest, though, isn’t traceable to underlying business conditions... Read More

US stocks were ripe with volatility today, sliding lower into negative territory after the opening bell and rallying back to black intraday before finally closing in a mix... Read More

Volatility is the word of the day. US stocks took a roller coaster ride today before closing in a mix. The Dow Jones Industrial Average fell 20.40 points, or 0.15 percent, to close at 13,892.54. The Nasdaq Composite rose 28.76 points, or 1.04 percent, to close at 2,792.67. The S&P 500 gained 2.71 points, or 0.18 percent, to close at 1,541.24. Read More

Here come the bears? Despite all the red you’re seeing, don’t give up just yet. US stocks slid lower today amid rocketing oil prices and continued housing and credit woes... Read More