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The start of a very odd week

December 1, 2008 · Filed Under US Stocks and Markets · Comments 
The headlines may make you believe we are back to business as usual. But this market is far from normal. Citgroup (NYSE:C) is buying a road builder. Toll Brothers (NYSE:TOL) was upgraded. Sumner Redstone is selling and Johnson and Johnson (NYSE:JNJ) is buying. By Andrew Snyder, TodaysFinancialNews Baltimore – (TFN): Take a look at the front page [...]

Citigroup (NYSE:C) bailout hands us huge profits

November 24, 2008 · Filed Under News that Matters, US Stocks and Markets · Comments 
As I told you on Friday, the markets always fix their mistakes. This time it took a little help from Uncle Sam, but Citigroup (NYSE:C) is jumping this morning and our position is up by nearly 60%. By Andrew Snyder, TodaysFinancialNews.com Baltimore—(TFN): We are starting the week with some positive news and big-time profits in our [...]

The market’s fundamental error: Buy shares of Citi (NSYE:C)

November 21, 2008 · Filed Under US Stocks and Markets · Comments 
The equities markets have forgotten the basics and are operating on pure emotion. This tactic will cost investors dearly. Take advantage of their mistakes and buy shares of Citigroup (NYSE:C) while they remain at historic lows. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): Wall Street has gone nuts. It has lost track of how stock markets [...]

Big Movers: Keep your eye on Wachovia (WB), Wells Fargo (WFC) and Citi (C)

September 29, 2008 · Filed Under US Stocks and Markets · Comments 
Wall Street continues to wait on Washington. There are big movers all across the Street. Watch for the bidding war for Wachovia (NYSE:WB) between Wells Fargo (NYSE:WFC) and Citi (NYSE:C) to create frenzied action. By Andrew Snyder Baltimore – (TFN): It is tempting to think what this bailout mess would look like if we were not [...]

Dollar Bear: The fire sale of the American economic base continues

January 4, 2008 · Filed Under US Stocks and Markets · Comments 
"The reality is that despite some genuine economic growth abroad, governments are creating so much inflation that food prices are raising anyway." — Peter Schiff by Peter Schiff Baltimore — (TFN): As the US economic ship continues to spring leaks, the goldilocks crowd still clings to the false belief that the Fed can easily keep us afloat [...]