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Member Avatar for Brian.oco

Uh-oh. When Barack Obama promised change, this wasn't what Wall Street was hoping for. The market was down, big time, today as investor came to grips with an Obama administration and its taxing impact on the investor class. Today's Yahoo.com headline said it all: "Stocks fall as investors ponder Obama …

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Member Avatar for Brian.oco

Charlie Payne, sounding a lot like Revolutionary War pamphleteer Thomas Paine, says that we're in the 2009 version of “these are the times that try men’s souls”. Of course, the historical Paine once also said that those who want to reap the benefits of this great nation must bear the …

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Member Avatar for Brian.oco

Obama or McCain? The people speak today, but no matter who wins, Wall Street likes the fact that a regime change is underway, and change, by and of itself, is a ray of sunshine on the investment community. That's why the stock market is up over 200 points and let's …

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Member Avatar for Brian.oco

Are we near a market bottom? That's the question on every investor's mind this week, even as the stock market falls another 500+ points in Wednesday trading. Lord knows we're on uncharted terrain here, and that we've experienced enough false bottoms to last us a lifetime. But increasingly, more and …

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Member Avatar for Brian.oco

I was going to write that the Q2 quarterly numbers (not just in the tech sector but across the board) were better than most experts predicted. For the most part, that’s true. U.S. companies have performed fairly well for the past quarter, thanks especially to increased sales overseas and a …

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Member Avatar for Brian.oco

I was talking to my brother again this Easter weekend – the one who traded equity options on Wall Street for 20 years. He’s consulting now, but still has some good opinions on the markets – especially the stock market over the past two or three bruising months – and …

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Member Avatar for Brian.oco

Only a few weeks ago, things were rosy on Wall Street . . . well, as rosy as things can get in the money maelstrom of Manhattan. The Dow Jones Industrial Index (DJIA) -- the chief benchmark for the U.S. stock market -- had surpassed the magic 14,000 mark. Most …

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The End.