Stocks are sliding to their lowest levels of the morning. Overall losses still aren’t that large, though. The ISM Non-Manufacturing Index for April was just posted. It came in at 52.8, which is down from 57.3 in the prior month and...
Stocks were sliding in the first few minutes of trade, but they have started to rebound so that overall trade is now mixed. Factory orders figures for March were just posted. They increased by 3.0%, which is greater than the 1.8%...
The S&P 500 pushed through the 1300 line after only a brief pause above it. It attempted to stage a bit of a bounce, but failed to sustain the move so that stocks are now sitting at back at session...
After weeks of strong signals that it was ready for a surge upwards, Gold finally broke through not only several levels of resistance, but the all-important psychological barrier of $1000 and has soared to a new all-time high of $1,042...
In the middle of April, we posed the question, “Is now the time to get back into the home builders?” With the Philadelphia Housing Index ($HGX) having closed at $79.89, we cited several reasons why we felt it was, in...
Dear Mr. Pandit, Citigroup CEO Last year kind of sucked for everyone with the financial industry meltdown, the housing industry slump, the steep nosedive the stock market took, the near bankruptcy of the auto industry, the worst unemployment seen in decades,...
With hundreds of thousands cheering, chanting and dancing at his back, President-elect Barack Obama took in a star-studded opening ceremony on the steps of the Lincoln Memorial, and urged Americans to hold fast to common hopes in tough times. The mood...
We hope that all of you had a wonderful and blessed holiday season! We slowed things down a little the last few weeks of the year here at OTCPicks.com, but now the batteries are recharged and we are back in the saddle again...
Wallstreet charged ahead bullishly on Mnday as the Dow and S&P 500 surged ahead more than 3% as investors bet that the automakers will get a first installment of a bridge loan from congress, and on Barack Obama’s weekend comments...
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...
