Market remains under pressure amid higher oil prices, credit market worries and bet by Fed chief that more housing weakness is ahead.
October 16 2007: 12:08 PM EDT
NEW YORK (CNNMoney.com) — Stocks moved off their lows but remained in the red as sky-high oil prices, credit market concerns and troubling comments about the housing sector by […]
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Financial sector leads decliners on Citigroup’s weak profits, debt rescue fund implications; crude hits all-time high above $86 a barrel.
By Alexandra Twin, CNNMoney.com senior writer
October 15 2007: 8:20 PM EDT
NEW YORK (CNNMoney.com) — Stocks tanked Monday, with the Dow posting its biggest one-day loss in more than a month, after Citigroup’s weak profit report and […]
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October 13, 2007: 12:05 AM EST
U.S. stocks will face challenges next week, as earnings season gets in full gear with major bank reports and some key technology stocks on tap, while inflation data could further dent hopes that the Federal Reserve will continue cutting interest rates.
Among the highlights of the week be earnings from banking […]
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By TSC Staff 10/12/2007 1:34 PM EDT
Tech stocks were on the rebound Friday after the previous session’s steep slide. News of a big buyout offer in the software space helped to boost the sector.The tech-heavy Nasdaq 100 index recently was up 29 points, or 1.4%, to 2170, led by software maker BEA Systems […]
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Stocks Open Modestly Higher
Friday October 12, 10:04 am ET
By Tim Paradis, AP Business Writer
Stocks Open Modestly Higher Following McDonald’s Forecast, Inflation, Retail Figures NEW YORK (AP) — Stocks rose modestly in early trading Friday after readings on inflation and retail sales as well as reports from McDonald’s Corp. and General Electric Co. indicated the economy […]
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[BRIEFING.COM] The Dow and S&P were at new highs until 14:00ET when the market steeply sold off in a profit-taking move. The tech sector spear-headed the retreat, which caused the Nasdaq to finish the day 2.2% lower than its intraday high.
Reportedly, the sell-off was prompted by inflation warnings made by Axel Weber, a European Central […]
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Cramer is a fraud, he said
so himself too, he told in a video how he manipulated market while he
was an hedge fund manager… Here a piece of wiki of what people think
about him:
—————–
* In January 2006, Joseph Nocera opined that the “people who are
watching [Mad Money] and following [Cramer’s] advice are fools.” [2]
* In February […]
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Earthbased:
The dollar weakening is because of the trade deficit and has been going on since the mid 90’s. You can only borrow from abroad for so long. There is a risk of increased inflation, but a weaker dollar makes US made goods cheaper for foreigners to buy. E.G. Cat selling many tractors […]
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