Markets
Oil Tops $63: Continuing Profits for Small E&P Stocks
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
Housing Bottom: TOL Reports Tomorrow
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
Gains on USO, FEED, DRYS, and Update on GHM
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
SOLF Delivers Gains
The headline reads "Bank Stress Tests Lifts Clouds of Uncertainty." And … Read more
Bank Stress Test Results
The Treasury’s stress tests are now, officially, a joke …
First, the outcome looked as if all banks would need to raise capital. Then it was reduced to just three…. Read more
Bad is Good
We’ve reached the stage of this rally where bad is good. It started innocently … Read more
Swine Flu Impacts the Rally
Somebody’s lying. Bank of America CEO Ken Lewis is on the verge of getting sacked because he failed to tell BAC shareholders that he was buying Merrill Lynch for… Read more
Another Oil “Super-Spike” Coming
*****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
Three Top Picks from Options Expert Bryan Bottarelli
*****I received a very topical question from a Daily Profit reader … Read more