(Via The Guru Investor)
We’re going to be demanding some restraint in exchange for federal aid. – President Obama on Wednesday If you have someone who was making well over $1 million, and now they are capped at $500,000, it is very conceivable that…
We’re pretty much just treading water here, consolidating the big down moves for last week and waiting for earnings. Stocks were up a bit this morning until Countrywide Financial (CFC) started selling off around 11am EST. The shares lost about…
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It’s not wishful thinking (or the emotional exhaustion talking), but 2009 is apt to be a calmer year that will reward stock-picking. The notion may seem delusional following a market collapse that spared virtually no asset class (except Treasuries) and…
In the wake of the Fed’s “hawkish pause” Wednesday, in which they paused their interest rate hiking campaign but said they may still hike one more time this year and increased their forecast for the Fed Funds rate at the…
Outstanding quarter from Hewlett Packard (HPQ): Revenues up 13% from the year ago period which is a big increase for a company of this size. All goods categories (servers, computers, printers, supplies) were strong. Net income was up 25% from the…