Archive for April, 2009
Cramer – The Suez Canal
The Suez Canal is a canal in Egypt. Opened in November 1869, it allows water transportation between Europe and Asia without navigating around Africa or carrying goods overland between the Mediterranean and the Red Sea. Cramer is bullish on Nordic American Tanker [NAT] as the play on the endless amount of goods [...]
Geithner’s TARP Update – State of Financials
Investors await Treasury Secretary Geithner’s TARP update today as plenty of questions still surround the financial sector. Insight with Ralph Schlosstein, Highview Investment Group/ BlackRock co-founder & former president and Orin Kramer, NJ State Investment Council chairman/hedge fund manager.
Commercial Real Estate Weakness
There has been a massive loss of business confidence globally.
Dr. Doom Forecasts 0.5% Growth in 2010
Nouriel Roubini, chairman of RGE Monitor forecasts the future of financial markets.
Bank of America Profit Triples But Problems Remain
Bank of America’s Q1 revenue came in at $35.76B bs an estimated $27.13B, reports CNBC’s David Faber. BOA CEO Says ‘Credit Is Bad’, ‘Going to Get Worse’, ‘Whether that turn is later this year or in the first half of 2010, I’m not going to hazard a guess’.
60 Minutes – 401K Fallout
Checked your 401k lately? The recent financial collapse has devastated this retirement resource. Older workers are hardest hit, as their financial futures may now be at risk. Steve Kroft reports.
Analyst Says S&P to Fall Below 600
“The further we go up, the more we’re setting ourselves up for further and harder falls later on. I do believe, very strongly, we have not seen the lows in the equity markets globally, I’m still looking for S&P to fall below 600 in the U.S.,” – Daley
Tim Sykes Stock Picks
One of the top traders on Wall St., Sykes gives his stocks picks for both long and short.
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