Haunting Wall Street: The Halloween Terminology Of Investing
Wall Street
This Date In History
Today’s events will be historic.
As the current administration and their hired shills continue to promote this taxpayer-funded financial bailout as being “a necessary evil” in order to avoid the (supposedly) worst financial crisis since the Great Depression, the finalized version of this Wall Street bailout bill is up for vote today in Congress. If you’ve [...]
The Market Speaks
I was browsing Fortune Magazine’s Bing’s Blog yesterday and read his post, The Stock Market: A (Psycho)analysis, in which he postulated, “If the stock market was a person, what kind of person would it be?”.
I got me chuckling because how many times have we actually seen the stock market be given anthropomorphic characteristics? More times [...]
Jim Dandy to the Rescue
If there was any really positive news today to justify the Dow and S&P 500 gains, it escaped me. It looks as though today’s gains were attributed to Warren Buffett’s “rebuffed” offer to bail out bond insurers Ambac Financial Group Inc., MBIA Inc. and Financial Guaranty Insurance Co. But, can this be considered good news [...]
Market Capitulation
The House of Representatives surprisingly rejected the current version of the Wall Street bailout plan today and the markets reacted accordingly.
The Dow Jones Industrial Index and S&P 500 Index both closed today with their worst point drop EVER. The S&P 500 also ended the day with it’s largest percentage loss since the 1987 Black Monday [...]