Current Financial News

Trading China, ETF style

paris hilton goes to ChinaIts no secret, after Paris went to China, their stock market fell apart.  But now that the dust may be settling, its time to jump on the bandwagon with the Chinese ETF's you should be considering: FXI or FXP.

Don't Get Depressed, It's Not 1929

Sweet article on Slate.com today:

Why all those Great Depression analogies are wrong


It's difficult to avoid the comparisons between the current sad state of financial affairs and the Great Depression. "This is not like 1987 or 1998 or 2001," Merrill Lynch CEO John Thain said at a conference on Nov. 11. "We will in fact look back to the 1929 period to see the kind of slowdown we are seeing now." Time depicted President-elect Barack Obama on its cover as Franklin Delano Roosevelt. And in Washington, the buzz is all about what the new team will do in its first 100 days. What's next? Show trials in Moscow?

Google (GOOG) stuck at $250 a share?

Talking Heads - STOP MAKING SENSEWhat gives, the market rallied Friday and continued today yet Google Inc (NASDAQ:GOOG) shares won't move and are actually lower? 

Has everyone lost their mind like David Byrne, if Google can't move then maybe the market has stopped making sense?

Super Obama GirlThe Market is on fire today thanks to the massive Citigroup bailout and Obama set to present the team that will steer his economic policies and navigate a potentially deep recession. Super Obama Girl, up, up, and away.  Hey, whatever works to get the market in a good mood.

 

New GTA DownloadAnother reason to think about buying beat up Take-Two (NASDAQ:TTWO) shares, how about downloadable content for Grand Theft Auto IV: "The Lost and Damned" and a $9 share price.

Why cheap gas can't save the economy

Gas DudeGood article on gas prices at CNN Money. While cheap gas won't save the economy, lower gas prices should boost consumer confidence and the Xmas season won't be as bad as some think.

NEW YORK (CNNMoney.com) -- The stock market stinks like a moldy piece of Limburger cheese. Unemployment is on the rise. Home prices continue to fall. There are fears that one or more of Detroit's Big Three could go bankrupt.

Citigroup Inc. (C) shares make me Scream

Michael and Janet Jackson - ScreamCitigroup Inc. (NYSE:C) shareholders, like your shares now worth $4.71 just quote Michael : Tired of injustice, Tired of the schemes, The lies are disgusting, So what does it mean.  Kicking me down, I got to get up, As jacked as it sounds, The whole system sucks.

It’s Game on at Take Two Interactive (TTWO)

Value Town, BitchesSince EA’s bid fell through earlier this year, shares of Take-Two Interactive Software, Inc. (Public, NASDAQ:TTWO) have fallen 50%. With shares currently trading below $10, the company has gone straight to Value Town.

Whatever you do, don't buy Sears

Interesting take on Sears (NASDAQ:SHLD), courtesy of Fortune Magazine:

NEW YORK (Fortune) -- Investors who think shares of Sears Holdings are a bargain after plummeting 80% from their peak should think again.

That might sound like a no-brainer after retailers across the board - from Macy's (M) to Best Buy (BBY) - have been reporting dismal third quarter results amid one of the worst consumer spending downturns in decades. But there are reasons why Sears (SHLD) is likely to disappoint more than most when it reports earnings Dec. 2.

Why Electronic Arts (ERTS)? Tons of Reasons

Electronic Arts RULESEA Sports Active for Wii, Madden NFL 09, My Sims, SPORE, Mercenaries 2, Left 4 Dead, Need for Speed Undercover, Lord of the Rings Conquest, NCAA Football 09, FIFA 09, Tiger Woods PGA Tour 09, Trivial Pursuit, Mirror’s Edge, Dead Space, The Sims 2 Mansion, Warhammer Online, MTV Games and Harmonix Rock Band. Do you need another?