Market Blogs

Yet Another Bloody Market Day – No Market Bottom Yet – May be a While!

October 15, 2008 - publisher

Written by OTCPicks.com Wall Street had yet another dismal day today as the Dow dropped 733 points as very weak and bleak economic data stoked fear and uncertainty in the markets. Investors are evidently worried that all the U.S. and global...

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Global Markets Rally with an Impressive Rebound

October 13, 2008 - publisher

Written by OTCPicks.com Stocks around the world experience biggest one day rally in more than 75 years on Monday as the DOW jumps 936 points or 11.6 percent. Morgan Stanley also jumps 87% after nailing down an agreement from Japan’s Mitsubishi...

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Markets Look to Stop Bleeding after Coordinated Global Rate Cuts

October 8, 2008 - publisher

Today, major central banks around the world joined together to slash interest rates to assist global credit markets and provide yet another support for the troubled financial and credit markets. It took a while for the markets to digest this coordinated...

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World Markets Catch U.S. Financial Flu in a Steep Global Market Selloff

October 6, 2008 - publisher

Written by OTCPicks.com Last Friday congress passed the $700B financial bailout bill and sent it to the President who summarily signed it. It seems that global markets did seem to think that the bailout would save us from a nasty global...

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Congress Passes the $700 Billion Rescue Plan! Will it be Enough to Sooth Nervous Investors?

October 3, 2008 - publisher

Written by OTCPicks.com With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush for his certain signature. The final vote was 263-171...

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Congress tries to Rescue the Rescue Plan!

October 1, 2008 - publisher

Written by OTCPicks.com Investors have been watching and waiting for more than a week as Congress tried to hammer out a financial rescue plan for the U.S. banking system and the economy. On Monday the markets were shocked when the bailout...

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When Everyone Else is Bailing, the Pros like Buffett are Buying!

September 24, 2008 - publisher

As things seem to grow more dire, and housing prices are dropping like a stone, credit is tightening up, job losses are mounting and everyone is bailing from the market, what is billionaire Warren Buffett doing? Well, Mr. Buffett and his...

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Dollar Falling and Oil, Gold and other Commodities Rising – AGAIN!!

September 22, 2008 - publisher

Written by OTCPicks.com Oil prices were up more than $25 a barrel today as investors became unsettled about the government’s $700B bailout plans. This was the biggest one day price surge ever for oil. The Fed is going to have to auction...

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Fed. & Congress working to Calm Markets & Bail Out U.S. Financial System!

September 21, 2008 - publisher

Written by OTCPicks.com This past week has seen an unprecedented events happening on Wall Street and a major rollercoaster ride in the stock market. This past week shook the foundations of the world financial system. Some of this week’s wild series of...

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U.S. Financial Markets Against the Ropes and Taking a Beating

September 15, 2008 - publisher

Written by OTCPicks.com Sunday, September 14th is already being called Black Sunday for Wall Street as troubled financial giants Lehman Brothers, Merrill Lynch and AIG were all desperately seeking lifelines for survival as frenzied behind-close-doors meetings happened around the clock. And...

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