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These Four Story Stocks Got Beat Up Tuesday (TSLA, LNKD, NFLX, FB)
Wednesday, October 9, 2013 - 7:18am | 598Washington isn’t doing Wall Street any favors. Between the government shutdown, debt ceiling bickering, and a whole lot of press conferences with enough drama to keep up with the Kardashians, investors are running scared. The S&P 500 is only down about 2.3 percent since the government shut...
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The Government Shut Down May Be Your Next Great Trade
Thursday, October 3, 2013 - 7:14am | 557Don’t know how to play the government shutdown? If you’re the type that trades on history, you buy it. You go all-in; you think of it the same way Carl Icahn thinks of Apple (NASDAQ: AAPL)—as a no-brainer because history shows that government shutdowns are great for your portfolio! You...
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Government and Airlines Indicate a Willingness to Resolve Merger Issue
Thursday, August 29, 2013 - 9:32am | 515There’s a new wrinkle in the ongoing battle between the U.S. Justice Department and two airlines seeking a merger. In a joint document, filed Wednesday, American Airlines (OTC: AAMRQ), US Airways (NYSE: LCC), and the USDOJ said they were open to finding a solution to the merger question,...
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The Sequester Isn't the Real Fiscal Crisis, But This Is
Monday, February 25, 2013 - 10:21am | 587With the deadline approaching for Congress to avert the looming sequester, the markets seem to be shrugging their shoulders at the situation. If lawmakers cannot reach a deal, severe cuts to the federal budget will come into effect starting March 1st. Wall Street's indifference is well deserved...
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Why Food For Fuel Is A Terrible Idea
Friday, September 2, 2011 - 12:17pm | 960Pretty soon, corn will be more valuable than a barrel of oil. There is an article on Bloomberg Government from last month that still holds true today. (Gasp! Something written more than 30 seconds ago still holds true?) It is a sad fact that the U.S. is using corn almost as much as Saudi oil as...
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The Circle Is Near Completion: Nine Straight Sessions In The Red
Friday, August 5, 2011 - 9:34am | 490Those who had long compared President Obama to President Carter can gloat for awhile because now they have a statistic to back them up. For the first time since 1978, when President Carter was in office, the stock market declined for nine straight sessions yesterday, August 4, 2011.Unfortunately,...
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How To Trade The Apocalypse
Wednesday, July 27, 2011 - 12:21pm | 561We saw weaker than expected durable good orders for June this morning, renewed concerns over the debt ceiling here in the United States, problems in Europe and everything else imaginable. In other words, it's just a typical Wednesday in the equity markets it seems. June durable goods came in at -...