Now that an economic recovery appears likely, the markets have a new bogey-man they’re concerned about— Higher Interest Rates. In the government’s attempt to finance the economic recovery by selling billions of dollars of debt, interest rates have been steadily...
Written by OTCPicks.com Equity markets had a nice positive day on Monday as credit markets showed signs of thawing. A critical measure of lending between banks, the three-month Libor rate fell significantly providing signs that credit is again beginning to flow...
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...
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...
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...
Presidential election years are typically good for stocks despite which party wins the Oval Office. There are a few interesting barometers of what might happen in November in looking at history and the statistics of what has happened in the...
Midday Report $OCLS up as much as 37%, $MDHI up as much as 25%, $PESI up as much as 13%. http://bit.ly/730f4Y
PennyTrader Trade Ideas for Wed 3/10 $SNWT, $BLGW http://www.pennytrader.com
Midday Report $MDIN up as much as 150%, $SSEV up as much as 58%, $EDAP up as much as 35%. http://bit.ly/730f4Y
