Commodity Prices
North Korea Missile Test Dampens Asian Markets
Greenspan and China Both Need to Be Quiet
Geithner’s PPIP Comes Back to Reward Investment Banks
I was starting to think that Treasury Secretary Tim Geithner was secretly hoping that everyone had forgotten about his plan to remove toxic assets from bank balance sheets. But… Read more
Rising Oil and Gas Prices During a Recession
You know over the course of the past few months I’ve not held Wall Street or the banking executives in high regard. I hold them almost – that’s almost… Read more
USO, FEED Deliver: Next Up is GHM
GHM Up 65%
Oil is above $60 a barrel. Investors are buying on the expectation that the end of the recession is in sight. And hopefully, Daily Profit readers are benefiting via… Read more
BAC and Banks Lead One Week Gains
The "Stress Test rally" didn’t last long. Bank stocks had a good day Friday. In fact, they had a good week. Bank of America (NYSE:BAC), for instance, went from… Read more
What will full employment look like?
Good news out of China
On Wednesday, the Taiwan stock market posted its biggest gain in 17 years after China Mobile (NYSE:CHL) bought 12% of Taiwanese telecom Far EasTone. The deal was worth $529… Read more