Current Financial News

Negative Nancy Index 2010The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.

Thus fellow Masters, join chaos and evil, welcome the Negative Nancy Index for 2010. (QID, FXP, DGZ, DUG, VXX)

Another Down day for the Market

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Stocks continue their decline.

Major indicies are down again today and will finish in the red. As of 1:50 PM the S&P 500 is just .01% from a 10% decline year-to-date.

Goldman Sachs Skeletor Style

Hard to believe but one of them is Goldman.

Stocks hitting new 52-week lows today (Feb 9th, 2016) are Goldman Sachs (GS), Zynga Inc (ZNGA), and DISH Network (DISH).

Sand Person Tusken Raider

DIS is now under $100 a share.

Star Wars Ep. 7 is now the highest earning movie of all-time. Despite it's success the company who will be profiting, Walt Disney Co. (DIS) is hurting. DIS is down on ESPN blues and being hit hard due to the decline in all stocks. We reached a point where this may be ready for a bounce.

More Stocks Tank to 52-week Lows

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Stocks are in Tanksville.

Another day, another crap day on the market with stocks falling like rocks. Today noteable mentions of good companies hitting 52-week lows include Bed Bath & Beyond (BBBY), Denny's (DENN), and the once hot Fitbit Inc (FIT).

 

Star Wars 7 Trailer new Stormtroopers

Massive ticket sales equals a drop in Disney shares?

"Star Wars: The Force Awakens" is on track to become the biggest movie ever. It raked in $517 million in its opening weekend worldwide. Yet it's parent company Walt Disney (DIS) continues to watch its shares decline. All blamed at ESPN cord cutting. Could be the stock you are looking for, or is it just a Jedi Mind trick?

Disney Shares Hold Steady After-Hours

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DIS is flat for now.

Walt Disney Co (DIS) shares were down almost 2% after-hours but now they are trading flat. Profit beat the Street but revenue fell short. However with the new Star Wars Ep 7 coming how can they fail at this point?

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Movie4k and others can't last forever, can they?

Still enjoying not paying for Netflix or HBO GO and going with the pop-ups, freezes, and viruses Movie4K.to and others give you? It won't last for long and the buffering will get actual paying customers.

Can Micron make a Comeback?

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According to Barrons, they can.

Micron Technology (MU) was a huge winner in 2013 and 2014 however this year not so lucky. MU has lost 1/2 it's value in 2015. However since 2013 the stock is stil up almost 200% despite it's crap performance in 2015.

Alcoa will kick off Earnings Season

Alcoa (NYSE:AA) - Large Logo

Alcoa delivers earnings this afternoon. The world awaits.

Aloca Inc (AA) has disappointed the Street many times. More often than not the company balks its earnings call and down goes the stock.  The only hope going for them is if they surprise everyone the stock could rip to the upside.