Ian Wyatt has been actively investing in stocks for the last 25 years. He turned that passion into a multi-million-dollar Internet business when he founded Wyatt Investment Research in 2001. Ian’s goal is to help investors beat the market by finding great investments that are attractively priced. Ian knows that wealthy investors tend to invest differently. They don’t make ridiculous, high risk, high reward bets. They don’t feel the need to buy and sell frequently. Instead, they protect their wealth by investing for income and buying stocks when they are cheap. When they do speculate, they do so intelligently, without letting emotion enter into the equation.
Yesterday, the Fed scaled back two of its liquidity-providing programs and announced it would let a third one expire on July 1, 2009.
Each program was designed to… Read more
The Fed has spoken. Interest rates are not going higher anytime soon. And the Fed announced no change to its $1.75 bond purchase program. Bonds sold off, suggesting that… Read moreRead more
The FOMC is expected to announce no change to the overnight lending rate later today. Economists also expect the Fed to say that it will continue to purchase Treasury… Read moreRead more
Stocks don’t like Mondays. This is the third Monday in a row that’s started with a gap down open. And volume has been on the light side each of… Read moreRead more
Oil is down again this morning. The World Bank has lowered its growth projections for the global economy. In March, the World Bank was calling for a 1.7% contraction… Read more
So now the government is actually going to subsidize car sales with up to $4,500 in incentives for car buyers who get rid of cars that get 18 mpg… Read moreRead more
10 banks have paid back $68 billion in TARP loans. Including some smaller banks that have already repaid loans, the total is now over $70 billion. Even though the… Read more
On Monday, an influential bank analyst raised his price target for Bank of America (NYSE:BAC) to $19. That implies a 40% jump for BAC. Curiously, this particular analyst didn’t… Read more
Jason Cimpl, technical analyst at TradeMaster Daily Stock Alerts, called yesterday’s 2.5% drop on the S&P 500 to a tee. If you watched the video chart analysis from Jason… Read moreRead more
