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Washington bows: General Motors (GM) and Ford (F) shares soar

Our politicians are handing Wall Street a gift today. Shares of General Motors (NYSE:GM) and Ford (NYSE:F) are soaring in price. Will they make good on their word. By Andrew Snyder ****** Story Update (3:30 PM EST) ****** Congress now tells us that it has put off a vote on any Detroit bailout until after Thanksgiving. It [...]

Profit from Washington’s bailouts

Just about everybody is begging for bailout money. General Motors (NYSE:GM) desperately needs help, but Ford (NYSE:F) is looking for an easy handout. Fortunately, no matter what Congress decides, you can make money. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): Detroit is once again on its knees in Washington begging for help. The nation’s automakers are [...]

General Motors (NYSE:GM): Let the fat lady sing

Reckoning day is here for Detroit. Should Washington vote to save General Motors (NYSE:GM) or should it let the company fight for its life in bankruptcy court? No matter what, America has more pain ahead. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): General Motors (NYSE:GM) has become so fat trying to save it would be the equivalent [...]

Retail Bottom Fishing: Will Auto Nation (NYSE:AH) or Sonic Automotive (NYSE:SAH) survive?

Retailers have a lot of issues to deal with. Car dealers are facing problems like the industry has never seen before. Companies like Auto Nation (NYSE:AH) and Sonic Automotive (NYSE:SAH) may not survive, but they can teach us a great lesson. Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): If you are a retailer, you are at the mercy [...]

The TARP is turning into a political body bag

This is turning out to be one of the most important months in American history. Congress is making one politically induced mistake after the other. If it cannot get this mess sorted out, the nation will never be the same again. By Andrew Snyder, TodaysFinancialNews.com Baltimore — (TFN): The nation celebrated Veteran’s Day this week. The eleventh [...]

Paulson’s TARP revision spooks the market

The markets are spooked today. An update from Henry Paulson did not help the situation. Investors are scared the economy is turning sour quicker than they anticipated. Fortunately, there are some opportunities out there. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): The markets are deep in negative territory again today and investors are not too happy with [...]

General Motors posts an unprecedented loss

The news from General Motors (NYSE:GE) is downright horrific. The company is just about out of options and is bleeding cash like crazy. The only hope is government intervention. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): If you thought the earnings report released this morning by Ford (NYSE:F) was scary, you had better be sitting near a [...]

Ford burns cash, unemployment soars

Wall Street was forced to ingest some wicked economic reports this morning. Fortunately, the markets were able to climb out of the gate. Did the news from Ford (NYSE:F) help? By Andrew Snyder, TodaysFinacialNews.com Baltimore – (TFN): After a string of the worst days on Wall Street in over two decades, investors are forced to swallow some [...]

Pelosi is going to fix Detroit

It is obvious the nation’s automakers are in big trouble. But what is the government going to do about it? Nancy Pelosi is talking with Big Three executives today. This could be great news for General Motors (NYSE:GM), Ford (NYSE:F) and Toyota (NYSE:TM) shareholders. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): How far must the government [...]

Put politics aside and make some money

This is obviously going to be a huge week in American history. No matter who wins the election, the nation will be changed forever. But investors must not put too much weight on presidential politics. There is more important news to worry about. By Andrew Snyder Baltimore – (TFN): It is the start of what is bound [...]

Ford (F) celebrates, General Motors (GM) scratches its head

Ford (NYSE:F) and General Motors (NYSE:GM) are two very different companies with significantly different product offerings. Yet investors continue to value the two companies as if they are both doomed for failure. Smart investors are making money from the flawed theory. By Andrew Snyder Baltimore – (TFN): Workers in Detroit are celebrating today. After wave upon wave [...]

Look out below: AmeriCredit (ACF) and GMAC (GJM) are falling fast

The trouble in the subprime market is not limited to the home-mortgage industry. Companies that dealt with low-quality car loans are in just as much trouble, or more. Lenders like AmeriCredit (NYSE:ACF) could be out of business quite soon. By Andrew Snyder Baltimore – (TFN): If you thought lending in the home-mortgage lending industry was tight, you [...]

Market crisis: It is the unions’ fault

I am no fan of overly powerful unions. They destroyed America’s manufacturing industry and ripped apart Detroit. Now they are setting their greedy sights on Boeing (NYSE:BA). By Andrew Snyder Baltimore – (TFN): I did not know it was physically possible until it happened this morning. I actually hate unions and their devastating me-first mentality more [...]

Crude prices plunge: Use an UltraShort ETF (DUG) to make 2-to-1 profits

The global economy is screeching to a halt. Pretty soon, it will be obvious we are in reverse. That means oil prices will continue to plunge. Use an UltraShort ETF (AMEX:DUG) to profit from the downturn. Read more

Manic Monday: Good news for stocks like Morgan Stanley (MS) and National City (NCC)

Wall Street may start the week in positive territory thanks to some good news. It is the first time in a long time. Some indicators are pointing a market bottom. Let’s hope the worst is behind us and there is more good news on the way. By Andrew Snyder Baltimore – (TFN): Finally, a Monday with [...]

Welcome back short sellers!

Washington’s ban on short-selling ended last night. Is it any surprise the markets plunged and General Motors (NYSE:GM) and Morgan Stanley (NYSE:MS) got crushed? By Andrew Snyder Baltimore – (TFN): Once again, you can thank Washington for today’s insane plunge on Wall Street. When the SEC extended its temporary short-selling ban last week, it did so [...]

Cash in on the latest legislation: Buy Wavecom (WVCM)

General Motors (GM) isn’t the only company producing cars with telematics, and cars aren’t the only place you’ll find this new technology that provides everything from finding directions out of town to sending photos of a burglar in your home to the police. Now that the technology is cheap, billions are going to be made [...]

European Turmoil: General Motors (GM) shuts down production

Europe is in serious economic trouble. General Motors (NYSE:GM) has stopped production and is forecasting horrid sales. Harley Davidson (NYSE:HOG) is in similar trouble. Avoid European exposure. By Andrew Snyder Baltimore – (TFN): If you think the economy is slowing here in the United States, do not even think about looking to Europe. Thanks to already-high unemployment [...]

Credit mess: Even General Electric (GE) feels the pain

On the surface, the market looks healthy. But when we dig a little deeper, we see that it is quite sick. Even companies like General Electric (NYSE:GE) are feeling the heat. By Andrew Snyder Baltimore – (TFN): Wall Street is lying to you today. After yesterday’s monumental plunge, it looks like the markets are recovering. The Dow is [...]

Bailout failure: Profit from Tenneco (TEN) while nobody looks

Wall Street is not paying attention to any other news except the failed bailout bill. While our leaders are putting the nation at risk and playing partisan politics, there are some great buying opportunities. Take a look at companies like Tenneco (NYSE:TEN) and cash in on their mistake. By Andrew Snyder Baltimore – (TFN): As the nation [...]

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