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Stocks Fall Sharply On Troubling News From The Financial Sector – U.S. Commentary
(RTTNews) – Stocks have moved sharply lower over the course of morning trading on Thursday, as investors react negatively to some mixed economic news and disappointing corporate news. The losses extend a recent downward move by the markets, with the Dow moving lower for the seventh consecutive session.
On the economic front, a report from the Labor Department showed that initial jobless claims rose to 524,000 in the week ended January 10th from the previous week’s revised figure of 470,000. The increases exceeded the estimate of economists, who had expected claims to rise to 501,000.
At the same time, the report also…
15Jan2009 | INO | 0 comments | ContinuedDollar…Stocks…Crude…what’s next?
When Paulson came out today and stated that his earlier plan to save the western world was not working, he offered up a plan "C" (or is it "D") to relieve pressure on consumer credit, scrapping his earlier effort to buy the value mortgage assets.
No matter what happens or what the next plan is here, are the 3 reasons I believe stocks are headed lower.
* Number one: The trend in most all stocks is down. This trend is likely to persist and last longer than most people imagine.
* Number two: There is no plan. The government is floundering and does…
13Nov2008 | INO | Comments Off | ContinuedGreed – The Ugly Duckling of Investing
Let’s stay focused everyone! The election is over and the economy is still at the front of our minds and our wallets. Today I’ve asked Branden Moskwa B.ASBE founding Parter, Tradeopolis.com to come and give us some help and a look into Greed!
Ah, yes, that evil five letter word can get one into a some hot water when it comes to investing in the stock market now can’t it? I’m sure we’ve all been there, at one time or another, where the evil has overcome and we think; hold on for a just a little bit longer and I can make…
7Nov2008 | INO | Comments Off | Continued
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