Many speculators and bearish investors continue to say the stock market is overvalued or has had too long of a run up to continue through 2010. Many of these investors also believe the free money flooded into the economy by the government will soon put a drag on equities which will drive down stocks. These [...]
On October 10th, 2009 I stated on Facebook that this stock was up about 40% in 5 months and that this stock still had room to grow. Well, grow it did! Now Bucyrus International, Inc (BUCY) has been up over 100%. We still expect the stock market to have some pull back but keep an [...]
Today the House passes a new bill that will bring reform to the credit card industry. The new Credit Card Reform bill, set to be signed into law by President Obama before Memorial Day, will have a huge impact on the credit industry. The bill, written by Banking Committee Chairman Christoper Dodd (D-Conn.), [...]
HTC recently announced their plans for the Smart Phones of 2009. which will include atleast 3 smart phones with Android operating system. In February the HTC Magic was the 2nd Google phone to hit the market which some are referring it to the G2 Phone. The handset is currently being sold in Europe by Vodafone.
Will [...]
Remember watching on TV and seeing these huge funky phones? Not only were they huge and heavy, they were extremely expensive. In the early 1990s only about 1 % of the population had a “cellular phone”, remember they were not called cell phones at that time. Well in 2005 about 51% of [...]
The rate of foreclosures decreased by about 10% in January 2009 from the prior month, December 2008. The rate of foreclosures is still up almost 18% from January 2007. So what is President Obama and Congress doing to recover the housing market and slow down the foreclosures? The recently passed legislatures is supposed to do [...]
Despite the opposition from the majority of Senate Republicans, the Democrats and the Bush White House have pushed for a $14 Billion bailout of the big 3 auto makers in the US. The emergency loan program will require the auto makers to restructure their businesses and become viable in the auto industry. One [...]
