Another Oil “Super-Spike” Coming

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*****As you know, we are watching oil prices as a measure of economic health. Today, it’s reported that March existing home sales fell by a bigger than… Read more

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Three Top Picks from Options Expert Bryan Bottarelli

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*****I received a very topical question from a Daily Profit reader … Read more

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Where the S&P 500 is headed next

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Treasury Secretary Tim Geithner is having his "Lucy" moment today. Yes, he’s got "a lot of explaining to do …" 
He’s speaking before Congress today to answer questions as to… Read more

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Bank Stress Test to Discredit BAC and C Earnings Report?

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Banks are getting pounded this morning after Bank of America (NYSE:BAC) handily beat earnings estimates. Analysts were expecting $0.04 in earnings per share; BAC came in with $0.44. 

Earnings Expectations and Toxic Assets

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Stocks have marched steadily higher since March 9. The first 10 days or so of the rally was a mad dash, which is how recovery rallies behave. But since… Read more

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Builders PHM, CTX, HOV in the News

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The saga continues for the homebuilders. Last week, we saw the first steps toward consolidation in this sector when Pulte Homes (NYSE:PHM) bought out Centex (NYSE:CTX). … Read more

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Oil Steady Around $50 a Barrel: Economic Bellwether

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I hate to keep talking oil here, but the sticky stuff is a great proxy for… Read more

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Financials Lead

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Thank you, Wells Fargo. The S&P 500 ramped nearly 4% on Friday as Wells Fargo … Read more

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