This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows.  The time frame is by the end of 2010, which is meant to coincide with some form of economic recovery next year.  This is not based on a sharp turn up in the economy. A number of the c...

Worst January EVER! What a way to start the year! I've decided to delve into the bear case this weekend to see if I can talk myself out of thinking we've suffered enough at the 8,000 line. I'll be posting as I read in a Weekend Reading section but I thought it would be a good idea to first review wh...

Exxon Mobil Corporation (NYSE:XOM) is set to report earnings tomorrow morning.  With what has happened to the price of oil over the last 6 months, it is with some surprise that shares of many oil companies have held up as well as they have.  Goldman Sachs downgraded the stock this morning,...

Filed under: International markets, Management, Industry, Microsoft (MSFT), General Motors (GM), Exxon Mobil (XOM), Diageo plc (DEO), Serious Money, Oil It does not matter whether you are focused on the gala event of president Obama's inauguration or Gala apples, it is a new day. Actually the two ga...

A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at companies in the Standard & Poor’s 500 Index may have dropped an average of 11.9 percent from a ...

Filed under: Microsoft (MSFT), General Electric (GE), Ford Motor (F), General Motors (GM), Exxon Mobil (XOM), S and P 500, DJIA, NASDAQ By all rights, the market should have been off more today. Sales of new homes in the U.S. declined to their lowest level in more than 17 years last month, falling 2...

DTO is only a few days old and I am still doing some due dilly but I believe this is the only "pure play" inverse for the actual oil commodity. Most of my readers are very frustrated if they have a short bias on oil because either USO is to hard to borrow or DUG is a very esoteric etf that does not ...

Filed under: Exxon Mobil (XOM), Sears Holdings (SHLD), MasterCard Inc'A' (MA), Trump Entertainment Resorts (TRMP) Today's stock market rally may be more of a relief run than anything, but the end of day strength of late has been hard to ignore. Today we saw a huge drop of almost 9 million barrels of...

Filed under: After the bell, Exxon Mobil (XOM), Nokia Corp. (NOK), Merrill Lynch (MER), Federal Natl Mtge (FNM), Barrick Gold (ABX) If you thought holding a rally after a huge day was too much, you weren't too far off the mark. Many people ask over and over if this is a real bear market or not. By a...

Another nasty week following last weeks gains:  Despite the Fed funds and discount rate cuts, the market threw a hissy fit, with the Dow taking a ~300 point dip. The Bulls continue to hold out hope that someone (anyone!) can free them from the morass of a gnarled financial system, choking on a ...