This is important for those tracking the subprime crisis. Most big banks originally announced write downs of anywhere from $3 billion to $7 billion. Well, Citigroup (C) today announced that its “estimate” of 8 to 11 Billion is more realistically probably close to $19 Billion.
To handle this extra write-down Citigroup may be forced to cut [...]
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Filed Under Stock Talk |
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Readers of Jack Haddad Live have been emailing me stating they can’t get Jack’s picks Live as he picks them via email. Currently the email subscription just emails a summary of the day’s posts at the end of the day which is inefficient.
So, if you want Jack to email you personally when he makes his [...]
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Filed Under Updates |
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    Wiping the sleep from my eyes, markets are looking to continue their positive momentum. Europe and Asia are performing nicely. This has led to strength in the futures that should carry into our markets. With four trading days left in the year, we should have a decent year-end rally. Currently, the indices are down [...]
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Filed Under Sean Hannon and
Stock Talk |
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Happy Holidays to all 15,000+ of you readers.
I will be taking the next few days off to spend time with family and friends. Posting will resume here on the blog the day after Christmas, or Wednesday December 26th. Until then I have pulled out ten great posts from the archives for your reading pleasure.
5 [...]
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Filed Under Updates |
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This blog gives us the opportunity to share investment wisdom, post comments about stocks and comment on the market in general. This post may be a little different, but I wanted to touch on how your portfolio in general is a tool that is used to help build wealth in your life. Hopefully [...]
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Filed Under Stock Market News |
4 comments!
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I was out of the office all day today so I apologize for the lack of afternoon postings today. Yesterday I posted that RIMM could be a short pick in the coming months depending on how it played with $100 support and a few resistance points. Well, the stock just announced earnings after hours and [...]
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Filed Under Stock Talk |
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Today is a very special screenshot with CR Bard (BCR) stock closing at a new all time price high, $90.98.
BCR stock surged today after the company received some great feedback from analysts,
“Shares of medical device maker CR Bard Inc. jumped to an all-time high Wednesday after several analysts predicted the company will post strong 2008 [...]
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Filed Under Screenshots and
Stock Talk |
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With Research in Motion’s (RIMM) extensive run this year which included a 3 for 1 split in August, the fact that I am writing a post suggesting RIMM as a possible short candidate is something in itself.
This is pretty easy to see on the chart, and if you have read William O’Neil’s How to Make [...]
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Filed Under Stock Picks and
Stock Talk |
3 comments!
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