Crude oil drops to $124; Dow up 30 - Comments Off
As crude falls, motorists may start to see pump prices decline. Stocks finish modestly higher, and Amazon.com jumps on strong earnings. Higher energy costs will shrink Costco profits. AT&T and Pfizer earnings cheer investors; Boeing disappoints.
TSX battered by falling commodities (Reuters) - Comments Off
Reuters - The Toronto Stock Exchange's main index
tumbled for a second session in a row on Wednesday, knocked 130
points lower as resource issues fell along with commodity
prices.
Stocks advance following sharp drop in oil prices (AP) - Comments Off
AP - Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy.
European stocks race higher, banks and autos shine (AFP) - Comments Off
AFP - Europe's main stock markets rallied on Wednesday, led by the banking and auto sectors, after an overnight rally on Wall Street helped by falling oil prices that also lifted Asian share prices.
Reuters - Stocks rose on Wednesday as financial
shares climbed on optimism about a rescue plan for mortgage
finance companies Fannie Mae and Freddie Mac and as the price
of oil fell.
Reuters - (Reuters) Both Dow Jones futures and S&P 500 futures
were up 0.55 percent at 0945 GMT (5:45 a.m. EDT), while
Nasdaq futures were 71 percent higher.
7 stocks paying outsize dividends - Comments Off
When stock prices fall, dividend yields can climb to very attractive levels. In today's painful market, you can get 8%, 10% or more in fairly easy money.
3 lessons from this round - Comments Off
Using CAPS to help me find Lufkin was a big reason why I was able to beat the market over the past 6 months.
23 common-sense investing rules - Comments Off
To summarize my core principles: Keep a proper portfolio balance, use discretion in short-selling -- and leave your emotions out of your trading decisions.
The financial rally can’t be ignored - Comments Off
The big rally in financial stocks may be partly due to short-covering. But it also looks like it may have some strength. I'm putting in stops to lock in profits on two stocks.
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