Wikileaks, a famous name that almost every politician hates, is now making itself a name in the financial sector. Apparently, Wikileaks claim having the hard disk of a BAC executive. According to Wikileaks, the hard disk has about 5 GB of "classified"...
The market will open in a 15 minutes (or less), and most of the stocks I'm watching are up in the pre-market, let's see if the levels we're seeing ahead of the trading are sustainable throughout the day. I personally feel that today will be very volatile...
Ever since I began trading, I started paying attention to everything, even the current senate election, that should happen tomorrow. The reason why is that a few people believe that these elections can positively affect the performance of the stock...
C closed Friday at $4.11, it is currently trading at $4.24 in the pre-market, up 3%. Why is that? Apparently investors are sensing that the Citigroup is one of the very few financial institutions that is shielded by the treasury, for reasons that may only...
Every time I buy BAC I regret it later on, even though I vowed many times not to buy this stock, I still buy it thinking that it's undervalued, and I still believe that it's undervalued, but obviously the market doesn't. BAC is now trading at $11.59 in...
I wasn't right about many stocks, including GOOG and RIMM, but I was right about one stock, AIB. This stock was over $2 just a month ago, and now it dropped to $1.18, its trading is now more or less like SIRI (which is a bugs bunny stock).
AIB is now...
Every day there are some bad news coming about banks: foreclosures, new regulations, etc... Of course, bank stocks are hugely affected by these bad news, there is one bank stock that is resiliently moving up: C.
I love C, I always feel depressed if I...
Looking back at last week, when the market was horrible, I have spotted many opportunities, but unfortunately I didn't have the money to buy the stocks, including:
AAPL: The stock went down to less than $240 last week. Anyone who had the money and knew...
The storm is over, and today marks the end of a very, very bad week, where the DOW and the S&P went down 3.25% and 3.73%, respectively. Since my money was mainly in risky financial equities, my portfolio went down around 10%, but today was thankfully not...
As I predicted in the morning, it was a very very very bad day. I almost accurately estimated how the DOW will close (at around 10,400 - it closed at 10,378). Needless to say, many traders lost quite a bit of money today, and the bad part that it doesn't...