Current Financial News

Will Sturm, Ruger & Company have a good Q4?

Sturm, Ruger & Company (Public, NYSE:RGR), who primarily designs, manufactures and sells firearms to domestic consumers in the US, could be a prime target for your portfolio. The reason? Since the November elections, gun sales are up a massive 100-200%. Weapons dealers in much of the United States are reporting sharply higher sales since Barack Obama won the presidency a week ago.

Here comes the PainA must read article on Minyanville.com puts the smack down on General Electric (NYSE:GE) shares, and another one from Bloomberg.com isn't going to help shareholders come tomorrow or the foreseeable future.  GE shares get ready to battle the media.

 

The stock market's behavior is downright strange lately. Professionals with decades of market experience scratch their heads as the market falls to its lowest point of the year, then surges almost 7% in an afternoon—all for no apparent reason.

What's hanging over the stock market these days is uncertainty.

BusinessWeek asked stock market experts to identify the biggest unknowns facing investors. These factors will be crucial to clearing up a foggy outlook. Unfortunately, it could take months—if not years—to resolve them.

Can the Market get back to Gettin Up?

Q-Tip - Gettin UpNo one has a clue to what the market will do this week and after the G20 summit meeting that promises more smoke and mirrors at least there's one guy who just put out a sane message -- Q-Tip.

Warren the PimpAmerican Express Company (NYSE:AXP) shares are down 50% in the last 3 months and trading under $20 a share.  Why care?  First off, Berkshire Hathaway is its largest stockholder with 151 million, or 13%, of AXP shares. Barron's says "Berkshire's stake suggests the company's stock may be near a bottom".

World Beer Sales Down: Short Beer Makers

Homer BeerWorld Beer sales are slipping, and dudes like Homer are drinking less.  That means beer companies are going to be making less money in 2009, so let's get drunk and short them all.

More Dark Side Ideas: Oil Stocks

Darth Vader ChokeGreat rally today, but before you go thinking oil is making a comeback, think again. 

Oil prices have already been cut in half since the summer and consider all of those oil related companies that will be reporting bleek profits.  Get ready for the force grip to grab onto oil services, oil sands, and the biggest of the oil companies. 

You don't know the Power of the Dark Side.

 

Did you join the Dark Side yet?

Stocks mentioned: Hewlett-Packard Company (Public, NYSE:HPQ), Bankrate, Inc.  (Public, NASDAQ:RATE)

 

Back in September, I wrote a couple of articles about joining the Dark Side and taking up a short position. For those of you who joined the Evil Sith Lord Shorters, you made out pretty good over the last couple of months. A 96.30% average gain is nothing to scoff at. Here is a recap of my recommendations – plus 2 more stocks to help you join the Dark Side:

Have we Found the Bottom Yet?

Ben Stien theStockMasters.comAnyone, Anyone?  The DOW is almost below 8,000 so have we finally hit bottom?  Where will stocks go from here? And why does America still care about Sarah Palin? These questions and more, in this article, Mastery Style.

It looks like it’s time to change the name of ourbankrupt country from the United States of America to the United States of Broke-Town, population 200 million.

On November 10, 2008, the Federal Reserve conducted an auction of $150 billion in 17-day credit through its Term Auction Facility. This was a forward auction designed to provide term funding over year-end--the awarded loans will settle on December 22, 2008. Following are the results of the auction: Total propositions accepted: $12.629 billion