Headlines

Madoff (Bernie's Black Hole)

Federal marshals seized disgraced financier Bernard Madoff's $7 million Manhattan penthouse, Ruth Madoff walked out of the apartment carrying just a straw bag after she was told she couldn't take her coat.

Jul 3rd
Bankrupt (Going Out of Business Sign)

The FDIC had a busy day, six Illinois banks and one bank in Texas were closed by federal regulators today.

Jul 2nd
U.S. Dollar and Euro (Currency)

Strategists who came closest to predicting the dollar’s value against the euro so far this year see it strengthening as much as 17%in the second half as the U.S. recovers from the recession faster than Europe. That would put the dollar at the best increase since 1981.

Jun 29th
Consumer Confidence

The average unweighted inflation rate for all of the countries is 4.11%.  Fifty-nine countries are currently seeing prices rise versus a year ago, 14 are seeing prices decline, and 4 are flat.

Jun 23rd
Bankrupt (Going Out of Business Sign)

The company, Verified Identity Pass, said it pulled the plug on the Clear program because it couldn't negotiate a deal with its creditors. It could file for bankruptcy

Jun 23rd
GE Capital (nyse:ge)

Leave it to SeekingAlpha.com to post an article from Zero Hedge Blogger 'Tyler Durden' to prompt a response from General Electric's GE Capital Division (NYSE:GE) defending their business -- a sign of the times even bloggers can move markets.

Jun 17th
President Elect Barack Obama (2)

This afternoon President Obama and Treasury Secretary Tim Geithner have laid out their comprehensive regulatory reform plan for the U.S. financial system.


Jun 17th

Investor Attention

Investing Ideas (4)

I made over 50% Compound Annual Growth Rate (CAGR) for June by using Covered Calls. Yes, stock options, can be extremely volatile and dangerous so, why not get on the other side of the fence and sell them? I recently bought one of the leveraged exchange traded funds (ETFs). Here is how the transaction(s) went.

Jul 2nd
Gold

If you still believe in longer-term investing, SPDR Gold Trust (ETF) (NYSE:GLD) is your weapon of choice.

Jun 29th
AutoNation

Here is a look at both AutoNation (NYSE:AN) and CarMax (NYSE:KMX)

Jun 24th
Boeing Company

Will Boeing (NYSE:BA) ever get the Dreamliner off the ground? Shareholders are pondering that question and sent shares down 6% after being disappointed yet again.

Jun 23rd
Potash Corp. (NYSE:POT)

RBC Cut their price target on Potash Corp. (NYSE:POT) from $150 to $120 following concerning comments this morning from Germany's K+S Group.  Shares of POT fell hard, down 10% to $95.

Jun 17th
GE

Just a few months ago, a relatively large number of investors and analysts thought that General Electrics' (NYSE:GE) earnings would be crushed by losses at it financial unit. That did not happen and first quarter earnings were a pleasant relief.

Jun 15th
Rambus Inc.

Rambus Inc. (NASDAQ:RMBS) is being called the 'the Next 27 Bagger' by a blogger on SeekingAlpha.com.  Could this guy be right or just a trader hoping to find some more buying interest to boost his holdings? 

Jun 14th

Daily Market Summary

DOW by Finviz.com