Just a quick roundup of pain afflicted on income investors, lookup charts for: [more]
The markets continue to hammer in and out violently. One day huge up side, the other in the opposite direction. I just happened to catch fast money yesterday, I usually don't watch it, and they explained the pop in the S&P yesterday by a weird spin that awful numbers are good and today will prove so. [more]
Assume people were waiting on data this week to verify a bottom, assume they were extremely disappointed, now stop assuming: [more]
While the market keeps "correcting" - do some stock have a visible bottom? I'm not talking about the obvious losers - the ones who post loss and decimate their dividends. I'm talking about companies with sales, earnings and growth for which the only story that changed is the psychology of the market. Do these stocks really have no value and are thus dumped and beaten to the beat of 10%+ down from peak? [more]
A huge bank cuts its dividend.... one of the worst possible news for stock. Thanks CITI for gambling with stock owner's money.