October 10, 2008 –
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RELATED TICKERS: GM
, GS
, BAC
Confidence in the market has reached nearly zero as money flees to gold, and T bills seeking a safe haven from the storm. More money has moved into government bills in the past four weeks than any other four week period in our entire history. That is even as the T bills are paying next to nothing on a return. [more]
September 18, 2008 –
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RELATED TICKERS: BAC
, GS
, ABK
There is an ancient Chinese curse, " May you live in interesting times". [more]
September 15, 2008 –
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RELATED TICKERS: BAC
, LEH
, AIG
Talks with Barclay bank collapsed Sunday and Lehman Brothers announced the 158 year old company would be filing for Chapter 11 bankruptcy. The oldest and largest investment firm in the US, Lehman is also one of the banks owning the FED. Additionally Bank of America announced it will purchase the 94 year old Merril Lynch for a mere $50 billion. [more]
August 14, 2008 –
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RELATED TICKERS: LCC
, DAL
, AMR
Airlines stocks are upgraded by JP Morgan expecting a 13 billion dollar savings due to reduced fuel costs with the decline in oil per barrel prices. [more]
August 08, 2008 –
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RELATED TICKERS: ABK
, MBI
, DAL
Some great spikes in stock prices in a mere week as ABK, MBI LCC and DAL all took substantial gains in just a short 7 to 10 days since recommended. [more]
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