Is it the best day of the year? The Dow closed up today a sizable 380 points on some good new from Citigroup. The bank says its operated at a profit the first two months of the year. Kiss, hug and pat on the back Citi! Investors ate up the good news, sending financial stocks up and in turn the entire market. It’s been nice to see the sentiment meter for the major indices finally do some moving and shaking. Today, sentiment for the Dow and S&P 500 is bullish while the Nasdaq is stil... Read Full Story

If I can’t be outside enjoying this beautiful day, well I’m gonna at least look at through the window in my office. There is nothing better than peering out your window to the outside sunny world. Nothing better except, well, actually being outside in that sunny world. Monday’s are always hard for me. There even harder when I’ve lost an hour of sleep to some concept called Daylight Savings which personally I think is a misleading title. I just lost an hour, I didn... Read Full Story

We’re so close…just..a..little…bit…further. The Dow almost hit 7000 today but lost it in the final moments of the trading day and closed about 125 points short. In any case, it was way up from yesterday’s disaster so that is something to smile about. Stocks finally moved higher today after a 5 day sell off frenzy. Investors are starting to look for bargains as the market tanks and prices are low. A homeowner plan and possible Chinese economic stimulus packaged we... Read Full Story

After yesterday’s market went a little bonkers, I though it would chill out a bit today but it seems Wall Street is still hungover from last night’s (morning’s) party. Party’s over Dow, time to take off the pointy hat. I mean at least were only down 37 right? 37! It’s all relative. Because if this were even a year ago, down 37 points would be great news. Yet, when you’re below 8000, down anything is really bad. It seems as if the market is free falling and... Read Full Story

It seems bloggers had mixed feelings regarding President Obama’s speech last night. Some argued he was still to vague while others pointed out he is focusing on the right domestic issues. But the market had one feeling: down, down, down. This morning the DOW dropped almost 150 points only to recover in the last half of the day to become positive by 8 points. The Treasury also announced that the nations biggest banks will be granted immediate access to the $700 billion rescue fund. Whil... Read Full Story

This morning Bernanke told Congress the “recession might end this year” and that the banks may not be nationalized. The news brought relief to many investors worrying about the banking industry and helped lift the Dow and SP500 this morning from their Monday lows. Investors are also patiently awaiting Obama’s speech this evening hoping he will provide details on his plan to stabilize and stimulate the economy. And how exactly he plans to repair the banking system without ban... Read Full Story

A game of “Would you Rather” is about as iconic to juvenile parties as spin the bottle. While the usual questions involve picking to sever some limb or eat an grotesque item, what about a “Would you Rather” that pays homage to two institutions as iconic in American culture as the game itself? An interesting article was published this morning by Pew Research Center that included a curious survey question: “Would you rather live in a place with more McDonald’... Read Full Story

I like to think that pictures that I upload from my camera on to my profile are still in fact my property. But last week, Facebook was trying to tell me something different, along with its 175 million other users. It was a change the average college-goer would of left unnoticed, for how often, if ever, do we read the Terms of Use on any one of the countless internet persona’s we accumulate? Last week Facebook’s Terms of Service changed as fast (and stealthy) as you can de-tag Thur... Read Full Story

The stimulus bill has been signed. More importantly, will it work? Whether you like it or not, the main question now is how will it effect the country? There is no doubt it will, but to what extent its effects are felt at is the most pressing of questions. Some opponents are calling it a mini New Deal, which will only help prolong the depression, like FDR’s did in the 30’s. While I don’t know too many details about the bill itself, I can’t imagine it not creating emplo... Read Full Story

One day it’s 800 billion, the next is 900 and now it’s 789. I must admit, it’s a little confusing to follow the stimulus bills countless drafts. This morning, however, lawmakers announced their agreement on $789 billion stimulus plan to be signed by President Obama that is designed to create 3.5 million jobs. So how did Wall Street take the news? Stocks turned higher this morning but slowly began to lower in the afternoon, the Dow is still below 8000. Investors are eager for... Read Full Story