The U.S. Stock market was down over 7% across the board today, the biggest one day drop since 9/11/01, as the House of Representatives failed to pass the Paulson bail-out plan.  The fact is, there is absolutely no leadership in the U.S. Government at the present time, and neither presidential candidate offers a decent alternative […]

The U.S. Stock market is set to open much weaker Monday morning in spite of the fact that Congress appears set to pass the Bush/Paulson financial bail out plan, althought it may be a close vote in the House of Representatives.  News that Wachovia is being bought out by Citigroup is pressuring the market, along […]

The U.S. Stock Market ended a tumultuous week on an up note, in spite of the fact that Congress did not pass the Bush Administration’s financial bailout plan.  The Dow finished with a triple digit gain, although the Nasdaq indexes finished modestly lower. 
In consideration of the bad news that came out on Friday, the market’s […]

The U.S. Stock Market is opening lower this morning as Congress failed to pass the Paulson bailout plan on Thursday.  Talks broke down over night as Republicans in the House of Representative have balked at the huge cost of the plan. 
2nd Quarter GDP figures have also been revised lower, and some stock earnings reports came […]

The U.S. Stock market, and other markets, were on hold today as they await passage of the financial rescue plan proposed by Treasury Secretary Paulson and Fed Chairman Bernanke.  As a result, the stock market traded in a narrow range today, with the major averages closing within 0.2% on either side of the unchanged level.
Treasury […]

The U.S. Stock Market continued its downward slide today as Congress is not yet ready to sign off of Treasury Secretary Paulson’s $700 billion plan to shore up the U.S. financial system.  It is no surprise that there is a bit of a rebellion against the plan due to the sheer cost.  The debate is […]

The U.S. Stock Market plunged about 4% across the board today as worries continue to mount regarding the crisis in the financial sector.  Over the weekend, the government asked Congress for $700 billion for the bailout plan.  That sent the Dollar into a tailspin as it is clear that U.S. government debt will rise at […]

The funny thing about the stock market this week is that it ended the week virtually unchanged.  Of course, it happened to be an incredibly volatile week as well.  Historically though, we have seen higher volatility, and we have seen worse down markets. 
So what does this all mean going forward.  Well, over the weekend, it was […]

Stocks enjoyed a huge boost today from the Federal Government, which seems to be coming together on a plan to deal with all of the bad mortgage debt that has been the root cause of the seizure in the credit markets.  The details of the plan have not yet been agreed upon, but the overall […]

The Federal Government has taken more steps to boost confidence in the financial markets, and this is sparking a huge rally in futures ahead of the open.  The Dow futures are set to open up 400 points this morning on the back of this news, which includes banning short selling on some financial stocks.  The government […]