Archive for November, 2008

Auto Bailout Bill Not Getting Overwhelming Support

November 18, 2008 - publisher

On Tuesday, Treasury Secretary Henry Paulson and members of Congress clashed over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures. At a House of Representatives Financial Services Committee...

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Economic Crisis Deepens, Intel Cut Estimates and U.S. Automakers are on the Ropes

November 13, 2008 - publisher

Provided Courtesy of OTCPicks.com “Hold on, we’re in for a bumpy ride!” is the familiar saying that comes to mind right now in the markets. More bad news keeps coming despite all the government interventions and eye-popping money being thrown at...

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Traders Guide to Exchange-Traded Funds (ETFs)

November 10, 2008 - publisher

Provided Courtesy of OTCPicks.com ETF stands for exchange-traded funds. ETF’s are a lot like mutual funds but trade throughout the day very much like normal stocks. ETF’s are index-based, representing baskets of stocks, bonds or other assets and are often lower-cost...

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“Yes We Can!” But Markets Not Ready Just Yet!

November 6, 2008 - publisher

Provided Courtesy of OTCPicks.com After the euphoria and history of the election of Barack Obama, the United State’s first African American president, markets were quick to get back to the business at hand, ie. pricing in the negative effects of a...

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Thank God October is Over! What Now?

November 3, 2008 - publisher

Courtesy of OTCPicks.com At the end of the day on Friday I walked outside as the closing bell rang and I swear I could hear the universe exhaling with a collective sigh of relief ending one of the most volitile months...

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