Eight Reasons Bank of America Is Going to $20
We are experiencing an overreaction of historic proportions when it comes to the financial sector and specifically Bank of America (BAC). In case you haven’t noticed, these extreme overreactions are becoming the norm; a thorough understanding of the reasons for the overreaction are paramount to generating great investment returns.
Investors: 2Q revenue a sign of economic health
NEW YORK (AP) — Investors want to see some new math in companies’ quarterly reports. No longer content with an economy that’s limping toward recovery, the stock market is looking for signs that business improved in the second quarter or at least will in the coming months. And investors will measure that by the revenue [...]
Why More Government Stimulus Is a Bad Idea
After Joe Biden’s “misread” comment last weekend, the Obama Administration sought to quickly dampen discussions of a second stimulus (or third, if you count Bush’s 2007 tax rebates.)
It’s “premature at this point” to talk about a second stimulus package, a White House spokesman told The Wall Street Journal.
6 Ways to Short the Obama Health Plan
Barack Obama is proving to be a masterful president just six months into office. I am not talking about policy or legislative initiatives – the first role of any president is to lead and he has led the nation from a sense of panic – perhaps panic itself – to calm – real calm. He [...]
GM Gets a Second Chance
For decades, General Motors has been lumbering and cumbersome, lagging every market trend from SUVs in the 1990s to hybrid cars today. But now it’s set a land speed record for something — getting in and out of bankruptcy. This is good for GM and for America.
Most experts had predicted it would take 36 months, [...]