For days we’ve had the “calm before the storm” as traders waited for the Fed’s decision. On Wednesday a decent durable goods number and an unexpected build in oil inventories helped spark a short covering rally. The “dogs were barking” and stocks that had been hit hard were leading the charge–but it couldn’t last. Last

The stock market today tanked 358+ points or 3% to a new 52-week low. Moving in the other direction, crude prices hit a new intraday record high, crossing the $140 per barrel threshold right after the market have closed in the after market. Large-cap tech names were among the session’s worst performers as the Nasdaq

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The planning stages of a business tend to be a bit hectic if for no other reason than they are where you really are given the chance to develop the plan for your business that you will refer to thousands of times over the course of the life of your business.   One of the numerous

Last week I have mentioned about weakness in the banking sector, as I have long a few put position on Wachovia stock hitting a 16 year low. Here is my result for just few days of trading. $1,167.45 risked to $2922.50 realized. 250% gain in just a short few days. Make sure you continue to

Amazon.com Widgets Friday the 13th came as a real black friday for the 4th largest national bank Wachovia (WB), as its stock price tanked to a 52-week low. Wachovia hit a 16 year low with more worries about rising credit losses continue to shock investors in to a panic to dump these stocks. The financial