Housing Bottom and 19% Gain on BlackRock (BLK)

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Yesterday, it was reported that median home prices fell to $209,700 from $246,400 in April 2008. That’s a steep year-over-year correction, even though prices were up from March 2009. 

Oil Tops $63: Continuing Profits for Small E&P Stocks

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So I heard a radio ad this morning from a mortgage company. It might have been PNC, but don’t hold me to it. It was typical mortgage ad fodder:… Read more

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North Korea Missile Test Dampens Asian Markets

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I hope every one had a fun and relaxing Memorial Day weekend. Pools are open, school is winding down, and summer is almost here. 
There were some fireworks over the… Read more

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Greenspan and China Both Need to Be Quiet

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One of the architect’s of the financial crisis issued a warning that banks … Read more

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Geithner’s PPIP Comes Back to Reward Investment Banks

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I was starting to think that Treasury Secretary Tim Geithner was secretly hoping that everyone had forgotten about his plan to remove toxic assets from bank balance sheets. But… Read more

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Housing Bottom: TOL Reports Tomorrow

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Stocks are down this morning after a "surprise" drop in new housing starts and a fall in new building permit applications. This shouldn’t really be a surprise. After all,… Read more

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Gains on USO, FEED, DRYS, and Update on GHM

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Fed Chief Ben Bernanke has his hands full. He’s got enough balls in the air to keep an octopus busy. Consider his prime directives: raise money and keep interest… Read more

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Rising Oil and Gas Prices During a Recession

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You know over the course of the past few months I’ve not held Wall Street or the banking executives in high regard. I hold them almost – that’s almost… Read more

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USO, FEED Deliver: Next Up is GHM

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The selling got serious yesterday. But once again, as TradeMaster technical analyst Jason Cimpl forecast, the dip was a buying opportunity. Stocks are up this morning as if nothing… Read more

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