Eddy Elfenbeinsubmits: A few weeks ago, I ran the numbersof how well the stock market does for each day of the year. I looked atall of the Dow closings going back to the beginning of the index in1896.Complete Story »
Eddy Elfenbeinsubmits: The Federal Reserve meets again next Tuesday and Wall Street expectsanother rate cut. According to the latest from the futures market, WallStreet thinks there?s about a 60% chancefor a 0.25% rate cut and a 30% chance for a 0.50% rate cut. Complete Story »
David Fry (ETF Digest) submits: The markets are drifting lower on moderate volume asinvestors mark time while awaiting the employment report (Friday) and Fed (next Tuesday). Complete Story »
Trader Marksubmits:Interesting story here from TheStreet.com.While I don't think land is truly 60% overvalued - when desperatesellers meet buyers, these buyers generally get good prices.Complete Story »
Trader Marksubmits:Back in late August I did a series of predictions (a roadmap if you will) in my post 'Et tu, September?'Most were quite negative, and unfortunately most are coming tofruition...Complete Story »
Trader Marksubmits:As always a tricky time approaches; the one thing I hate more thananything are bipolar events in which the market can rise 5% or fall 5%all based on perception of an event or words. So each Fed meeting intimes like this (versus say 2005 when Fed meetings were sleepyaffairs) is such an event.Complete Story »
Trader Marksubmits:With the second tier solar names in a tizzy over the past few days, anddaytraders arriving en masse, I am sharply reducing my exposure to LDK Solar (LDK)- the stock has moved from $30 to $40 very quickly (2 days).Complete Story »
Tonight begins the eight day, Jewish holiday of Hanukkah. The festival commemorates the Jewish Maccabean victory over the religiously oppressive Assyrian rule. Tradition holds that when the Maccabees returned to their Holy Temple in Jerusalem, they only found one day's worth of oil for the seven branched candelabra or Menorah. However, this oil miraculously lasted eight days.Complete Story »
