Investing
Short-covering rally or the real deal?
So, on Friday I made the rally call. The Dow Industrials were up 217 points. Now, after a conversation with TradeMaster strategist Jason Cimpl, I’m a little nervous about stocks… Read more
Q4 Earnings on Steel: AKS, NU, X + Bank Nationalization
It seems we’re getting just enough decent earnings reports to keep things interesting. And of all the unlikely suspects, US Steel (NYSE:X) is near the top of the list.
It… Read more
President Obama
The news reported there were 1.4 million people on the Mall to watch Obama get sworn in. And there had to have been that many more in the city…. Read more
Economic Recovery?
No, the U.S. economy is not getting better. It’s getting worse. Daily Profit has been saying that unemployment will go higher and that we will see many more bankruptcies,… Read more
The Fed’s About Face
It’s been my contention that oil prices will remain range-bound for the foreseeable future. And the 60 Minutes story I relayed on Monday supports that belief. If oil’s move… Read more
Stock Valuations
On Wednesday, after a few down days in a row, we tried to sift through the various clues to decide whether the selling we saw was investors taking some… Read more
Reader Mail
As you can imagine, I’m thrilled that people have made some money from Daily Profit stocks. And I want to point out, also, that I’m not in any mood… Read more
Commercial Real Estate
First it was residential loans, now commercial loans may be the next to go. A real estate analyst group called Reis Inc. is saying that if commercial rental income… Read more