US Stocks and Markets
Sirius XM: The madness cannot continue
Published on March 20, 2009
Sirius XM Radio (NASDAQ:SIRI) investors are patting themselves on the back and thinking they have found a pot of gold. They had better think again. The company remains in a dire situation and speculators stand to lose a large portion of their investment.
By Andrew Snyder, TodaysFinancialnews.com
Baltimore – (TFN): The insanity continues. Sirius XM Radio [...]
AIG Bonuses: “The Putinization of the American economy”
Published on March 19, 2009
What exactly was the point of the well-directed public outrage about AIG bonuses… considering Congress, Treasury and White House were complicit in their approval? We received the answer today as Congress rushed through a punitive taxation bill…
by J. Christoph Amberger
Baltimore—TFN: Democratic leaders rushed a bill to the Congress floor that would retroacively levy a 90% [...]
PokerTek (PTEK) fireworks may be short-lived
Published on March 19, 2009
Shares in Las Vegas Sands (LVS), MGM MIRAGE (MGM), Riviera Holdings Corp. (RIV) have crashed and burned. So why is Pokertek (PTEK) soaring?
by J. Christoph Amberger
Baltimore—TFN: Shares of PokerTek, Inc. (NASDAQ:PTEK) rose almost 90% today. The company had issued a press release that it was “pleased to announce the installation of ten PokerPro tables at Indiana Live! Casino in Shelbyville, near [...]
Protecting Detroit from bankruptcy protection
Published on March 19, 2009
What will the nation’s auto parts suppliers do if General Motors (NYSE:GM) or Chrysler fail? According to today’s reports they will turn to Uncle Sam and his printing press.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The government is at it again. I realize that line has been leading many of my stories, but with Uncle [...]
Mergers and Acquisitions: IBM’s bid for Sun (JAVA) good news for Red Hat (RHT) and Satyam (SAY)
Published on March 18, 2009
Sun Microsystem (JAVA) rose 80% today on takeover news. Flush with cash, digital giants like IBM (IBM), Cisco (CSCO), Dell (DELL) and Hewlett-Packard (NYSE:HPQ) are poised to swallow some industry stalwards. Who’s next in line for instant shareholder value increases?
by J. Christoph Amberger
Baltimore—TFN: Shares of Sun Microsystems (NASDAQ:JAVA) soared 80% today as news emerged that IBM (NYSE:IBM) is about to [...]
Best Stock to buy: This MRSA-related stock is a strong buy at current prices!
Published on March 17, 2009
MRSA infections are on the rise. So are lawsuits against prison systems and healthcare providers. Good news for one small biotech company that just landed a MAJOR approval.
by J. Christoph Amberger
Baltimore—TFN: We predicted this in January. Infections with the dangerous Methicillin-resistant Staphylococcus aureus, or MRSA, are fast becoming the next cash cow for litigation lawyers.
According to [...]
Forget the UAW, the average American should be on strike
Published on March 17, 2009
They act like they are fighting for our best interest. But when it comes to Washington politics, facts are an obstacle to re-election. Do not expect the truth to get in the way of General Motors getting its cash.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): There are just two weeks left until Detroit’s next crucial deadline. [...]
Best Stock This Week: 65% gains on Bank of America (BAC)
Published on March 13, 2009
Bank of America (BAC) nets out 65%-plus gains for HSC members…
by J. Christoph Amberger
Baltimore—TFN: The banking sector went on a wild ride. The stock market was doing its best to end the week with a four-day winning streak when TFN option guru Andrew Snyder decided that enough was enough. He locked in gains this afternoon.
(It’s [...]
Best Stock to Buy this Week: Insiders are buying!
Published on March 12, 2009
This company looks like it’s pulled a “Get-out-of-recession-free” card… opening more stores, raking in more money, even upping its profit guidance. No wonder insiders are buying. But should you?
by J. Christoph Amberger
Baltimore—TFN: This morning, at market open, TFN’s Laura Cadden released a time-sensitive “strong buy” recommendation for a multi-billion dollar industry leader to members [...]
Mark-to-market changes: Just a little more time
Published on March 12, 2009
The government’s ability to pass the blame never fails to amaze me. But even with all of the political maneuvering, I am happy with Washington’s action today. We may just see changes to the nation’s accounting rules sometime this year.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is true. The government giveth and the [...]
More salesmanship from the UAW
Published on March 11, 2009
Ford and the UAW are making headlines. Investors are getting excited about the new deal. But what is good for Ford may not be nearly enough for General Motors or Chrysler. Investors need to watch out for this public-relations inspired trap.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The headlines make it sound like a great [...]
Citi’s memo: Can you believe it?
Published on March 10, 2009
Emotions still rule the market. The equities market is soaring today thanks to one CEO’s “memo” that promises this whole financial mess is overdone. Why should we believe him now?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): If your portfolio is filled with green today, you have just one person to thank. Vikram Pandit, the same Citigroup [...]
Tightwad Investing: McDonalds rules the value menu
Published on March 9, 2009
McDonalds (NYSE:MCD) is warning investors today, yet share price is on the rise. When cheap is good, this is a great company to have in your portfolio. Fortunately, cheap has never been more popular.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I did something last Friday that I have not done in years and I am [...]
Death and Taxes: HR Block thrives in the new economy
Published on March 6, 2009
H&R Block just beat earnings expectations. That should come as no surprise to anyone paying taxes this year!
by J. Christoph Amberger
Baltimore—TFN: Now here’s a surprise! Tax preparer H&R Block (NYSE:HRB) announced that fiscal Q3 net profit was $47.4 million, or 14 cents share, up from a loss of $47.4 million, or 14 cents a share, [...]
It’s official: Stimulus is worse than 9/11… as far as the Dow is concerned
Published on March 5, 2009
The numbers paint a grisly picture: The market’s drop post-stimulus now is bigger than it was post 9-11. Food for thought, reasonable people would think…
by J. Christoph Amberger
Baltimore—TFN: Considering that the “stimulus” as envisioned by Washington was to serve as a confidence booster, the one valid gauge of success that we have indicates that it [...]
Going underwater may be a good thing in this market
Published on March 5, 2009
There is plenty of bad news to focus on today, but it is much more fun to look at a company that is doing well. Orion Marine Group (NASDAQ:OMGI) is one of those companies.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is downright depressing. All across the country, investors are tossing their hands in the [...]
Don’t cry for GM, it’s already dead
Published on March 5, 2009
General Motors (NYSE:GM) is plunging today on the news its auditors say the company’s chances of success are minimal. Now it is up to Obama and his team to admit the same.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I cannot wait to see how the Obama administration reacts to this news. Politically, it makes sense to [...]
Hail to the Investment-Adviser-in-Chief!
Published on March 4, 2009
President Obama is hanging out his shingle as an investment adviser. But the trademark “eloquence” only thinly veils a profound lack of knowledge about terminology and investing concepts.
by J. Christoph Amberger
Baltimore—TFN: A day of good news: The Commander-in-Chief has become Investment-Adviser-in-Chief as well.
“Profit and earning ratios are starting to get to the point where buying stocks [...]
Under Armour: At least you won’t have to pay expensive capital gains taxes
Published on March 3, 2009
Shares have dropped by over 40% so far this year, yet investors still do not see the flaws in this company’s strategy. Invest in Under Armour (NYSE:UA) only if you need to lower your tax bracket.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Before you read this article, you have to promise not to send me [...]
A powerful and paralyzing shot to the jaw
Published on February 27, 2009
The markets are scared once again. Who is to blame? It does not take an expert to know Washington is up to the same old tricks. Who knew Uncle Sam was a heavyweight boxer?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Washington does it again. I have never been a conspiracy theorist by even the most liberal [...]
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Digital Ally up 20% on record Q4 revenue – time to sell!
By
Laura Cadden
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Digital Ally (DGLY) has seen its share price jump 20% on record sales largely stemming from its DVM-750 in-car video system. TFN readers that took our advice last year and bought DGLY should cash in those gains!
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