With only two trading days left in the year, the market crawled its way to the downside with very light volume on Monday. The major indices closed down about 0.5% each.
With only two trading days left in the year, the market crawled its way to the downside with very light volume on Monday. The major indices closed down about 0.5% each.
OPEC oil ministers decided for the third meeting in a row to lower the daily oil production quota coming from the 12 member cartel. The 2.2 million barrel per day cut is the largest pledged decline in OPEC history in the face of crude oil prices that have fallen more than 70% from record highs [...]
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The market traded slightly higher in the morning, but, faded into an accelerated drop to the close. The energy sectors were especially weak. Oil prices continued to fall. Crude went below $44/barrel! Oil services tumbled to new 52-week lows: RIG -11.18%; DO -7.09%; SLB -5.95%; NOV [...]
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Market shrugged off a string of bad economic news this morning and traded higher in the afternoon. There were also talks about Treasury considering plans to lower mortgage rates to help the housing market. The market was still very volatile, changing directions twice before deciding [...]
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The market traded all over the place today. It was slightly up in the morning, then, sank into the red. In the last hour of trading, the market was able to come up to close in the green. Much of the attention was on the [...]
Rudyard Kipling’s famous poem comes in handy right now and so does the advice of great mentor-investors. Here are some thoughts and suggestions that are nothing short of timely.
Investtalk Talking Points: "Wall St. Loves The Irrational Investor". ~ Today's Stocks & Topics: Caps, (AAPL) Apple Inc., (SHO) Sunstone Hotel Invs Inc New, Oil and Airlines, (NVEC) Nve Corp., (HES) Hess Corp., International Markets, (GBX) The Greenbrier Companies Inc., Oil and Gas Prices, 401-K.