Adam Monk is the Chicago Sun-Times’ stock-picking monkey. As of the close today, Mr. Monk’s four-year market-beating streak has been snapped. His 2007 stock picks returned 3.72% this year compared to the S&P 500’s total return of around 5.8%. But wait, Mr. Monk can still hold his head up high because for the second [...]
The stock scan conducted after the close on Monday found 5 winners and 19 losers. Click on the column headers to sort the table below. [TABLE=18] Our scan criteria incorporates price movement, range and liquidity (500,000 shares on the day, 20-day average of 1.5 million). The list is ranked and sorted by performance against the [...]
Months of turmoil are finally taking a toll on individual investors: The Investment Company Institute reported on December 27 that “funds that invest primarily in the US had an outflow of $15.34 billion in November, vs. an outflow of $3.73 billion in October.” In November, Canadian Press reported that “Canadian stock funds suffered another month of net [...]
The stock scan conducted after the close on Friday found 14 winners and 35 losers. Click on the column headers to sort the table below. [TABLE=16] Our scan criteria incorporates price movement, range and liquidity (500,000 shares on the day, 20-day average of 1.5 million). The list is ranked and sorted by performance against the [...]
Greenspan Denies Responsibility for Housing Bubble Alan Greenspan, the former chairman of the Federal Reserve, insists the housing bubble had relatively little to do with him. After guiding the economy for 19 mostly prosperous years he now faces criticism for drastically lowering interest rates. Greenspan discusses economics and his tenure at the Fed with Steve [...]
…or in my case, I would like to thank the guys at MoveTheMarkets.com for bestowing this great honor upon me for contributing to their profitability by writing The Ultimate Trading Course. While there was a lot of discussion about the course material at their blog, what struck me was the debate about the cost of the [...]
The news this morning is that new-home sales plunged by 9 percent. Yesterday, it was reported that mortgage application volume dropped 7.6 percent last week, despite a dip in interest rates. The media is debating whether or not the sector is close to a bottom [VIDEO]. Bargain hunting and bottom fishing is never easy. [...]
A tempest in a Champagne flute Under French law, the only sparkling wine anywhere in the world that merits the name Champagne with a capital C must be made from grapes grown on officially designated plots of land in France. But as global demand for Champagne soars, pressure is mounting to expand Champagne country. Champagne-producing [...]