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Should The US Bail Out Europe?
If youre investing in todays markets, theres a good chance youre paying attention to whats going on in Europe. The European debt crisis is the main reason behind the markets direction these days. Even penny stocks are moving on headline news from the other side of the Atlantic. Who wouldve thought that possible? And the […]
American Airlines (AMR) Is A Penny Stock!
Im sure youve heard it by now AMR (AMR), the parent company for American Airlines, has just filed for Chapter 11 bankruptcy. As of this writing, shares in AMR are trading for a minuscule $0.33. You know what that means American Airlines is a penny stock! I know, I know ho hum. Another airline […]
This Market Is Hard To Read
Ive been following the markets for a long time. But, Im not sure I can remember a period where it was so difficult to guess where stocks are headed. Dont get me wrong in general, market direction is never easy to predict. But its harder now than its ever been. Heres the thing Theres so […]
The Crisis In Italy Is Hurting Penny Stocks
Raise your hand if you predicted a sharp penny stock selloff based on a crisis in Italy. As unlikely as it sounds, thats exactly whats going on right now. Heres the deal Italy has serious debt problems. Weve heard all about the debt problems in Greece, Portugal, Ireland, and Spain. But Italys $2.6 trillion in […]
Is Europes Debt Deal Good For Penny Stocks?
Although today is Halloween, theres no reason to be scared of penny stocks. In fact, I think were about to see investors return to penny stocks in droves. Why am I so optimistic? In a word Europe. Just last week, European leaders were finally able to piece together a plan to deal with the regions […]
Warren Buffetts Trying To Destroy The Lives Of Retirees!
Ive been keeping my eye on Congress lately, and Ive got to tell you, I dont like anything Ive seen. Unfortunately, our country is being led by a group of self serving, self dealing liars. It makes me sick The trouble is, neither party has a leg to stand on Republican or Democrat. Both are […]
Will Operation Twist Impact Penny Stocks?
Is everyone ready to do the Twist? Operation Twist that is. The Fed announced their highly anticipated monetary program, known as Operation Twist, just this week. The strategys colorful name comes from its goal of twisting the yield curve. To put it more plainly, the Fed plans to sell short-term Treasuries and use the proceeds […]
Dont Do Anything Until You Read This!
Friday evening, the news came as a shock. The S&P ratings agency had just downgraded the US Debt for the first time ever. The gold standard triple AAA rating was downgraded a notch to AA+ and the country is still on Negative watch. The ripple effect could be seen across the markets. After the downgrade […]
Does The Debt Ceiling Deal Mean Its Time To Buy Penny Stocks?
Well that was a close one sort of. After what seemed like endless debates and press conferences beyond count, Washingtons politicians finally hammered out a debt ceiling agreement. The result of all of the hand-wringing and finger pointing is a deal which neither side really likes, but both sides claim as some form of victory. […]
What The Debt Ceiling Means For Your Penny Stocks
Right now a battle royale is taking place in Washington DC. On one side of the aisle are the Republicans controlling the House of Representatives. On the other side are Democrats holding the Senate and the White House. Their fight is over the debt ceiling. See, Congress put in place a limit on how much […]
Was QE2 A Waste Of Time?
The Feds QE2 program is destined to become one of the most talked about economic policies of our generation. The debate on whether or not the program was necessary, and what impact it had, will probably rage on for years. So what do we really know about QE2? And more importantly, was it a waste […]
