5 Stocks that should benefit from economic stimulus spending
Since the economic stimulus checks have either been received or will soon be received by almost all Americans, I wanted to take tonight to look at five stocks that should benefit quite nicely from...
View ArticleWhat you should do with your tax rebate/economic stimulus check
GrowYourFunds RSS readers know by now that the real passion of mine is the stock market, but today I wanted to step back and look at a personal finance issue. I wanted to follow up yesterday's post...
View ArticleSo is it oil speculation or is it demand?
Over the past few weeks the debate has been raging, is it speculation driving oil prices or is it pure economics 101, not enough supply to keep up with demand? There are some big names on both sides....
View ArticleWhat's the deal with Ohio and its regional banks?
We all know that the banking sector is extremely out of favor on wall street, but what on earth is going on in Ohio? Since I reside in Columbus, Ohio I thought I would take a brief look at this...
View ArticleSaudi Arabia boosts oil supply, but will it matter?
Saudi Arabia announced today that it will increase production for a third-straight month in an effort to curb record oil prices. The kingdom plans to raise its production by 200,000 barrels to 9.7...
View ArticleThe rich get richer and the poor get poorer
It's the continuing story of the rich getting richer and the poor getting poorer on wall street. No I don't mean traders, I mean the sectors that have done well continue to do so, while those that have...
View ArticleConsumer confidence expectations index hits all-time low. What's next for the...
There are many ways to interpret consumer confidence reports and how useful they are to predict consumer spending trends, but there is no denying that today's report was shockingly weak. The Consumer...
View ArticleWidespread pain on the street as stocks are crushed
Things got very ugly today on the street as stocks were hit with their second largest down day this year. Good news was nowhere to be found today as oil topped $140, and Goldman downgraded General...
View ArticleIs the Fed being too soft on inflation? Are they to blame for recent market...
All across the street today there was a heated discussion going on of whether the Federal Reserve is to blame for the recent market action and today's steep losses in all the major indices. Many out...
View ArticleHow I spent my stimulus website gains popularity
One of the most interesting websites I have seen that has been recently created is howispentmystimulus. The site is dedicated to collecting stories from people who have received economic stimulus...
View ArticleBe smart when picking dividend yielding stocks
In a tough market like we have right now you will hear a lot of experts say that high dividend stocks are the safest stocks to be in. This notion is true, but there is one big caveat, only if their...
View ArticleTop 5 beaten down blue-chips
As we all know, the stock market has been hit very hard in the last few weeks. There are many blue chip names that have been beaten down to levels they haven't seen in years. While it may not seem that...
View ArticleWhat to make of the June employment report
On Thursday the June employment report was released by the Labor Department. The news wasn't good, but it could have been worse. Employers cut 62,000 workers in the month of June and the jobless rate...
View ArticleViolent swings in the market- what do they mean for the short term?
Today was one of those days on wall street where there are violent intraday swings in both directions. The market opened strong, but by 2 pm the Dow was down more than 160 points. Between 2pm eastern...
View ArticleIs Boone Pickens Plan a step in the right direction for energy independence?
If you have been watching the news at all today you have probably already hard of Boone Pickens and his new plan to help our country become less dependent on foreign oil. The Texas oil tycoon is making...
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