Current Financial News

Right on with Lehman Brothers (LEH)

Back on July 15th, the staff at the Stockmasters wrote an article titled: Could Lehman (LEH) trap Short Sellers?

If the Bulls keep running, Buy Starbucks (SBUX)

Sounds crazy?  Maybe, but buying Starbucks Corp (NASDAQ:SBUX) shares 'on the cheap' is something that everyone talks about. Just about all of us have had SBUX shares in our IRA's at one time or another.  Besides, what would Jesus do?

GE's Quiet Six Day Move

General Electric (NYSE:GE) shares have moved 10%+ since last Wednesday.  The Masters have been pushing investors to look at the damaged share price after it hit various low's, and its all for just one word...Conglomerate.

VMware Inc: House of Pain

VMware, Inc.  (NYSE:VMW) is down 13% after-hours to a new 52-week low of $32 and change. Despite Q2 profit up 53% the outlook was not what the Street was expecting.  VMware came to get down, but the sellers are jumping around.

How could SanDisk be at $13 a share?

SanDisk Corporation (NASDAQ:SNDK) is down 25% today and hit $13.06.  In May shares were at $33 and just two months later they have lost half of their value.  They just had a bad earnings call, but is the massive selloff justified?

American Express Company (NYSE:AXP) falling close to its 52-week low and Visa Inc (NYSE:V)

$1 Trillion in Short Bets

Great article from Bloomberg.com about worldwide investors aremore than $1 trillion on a collapse in stock prices. Fun Fact: Even after a 90% rebound by Fannie Mae and a 75% surge by Freddie Mac in the final three days of trading last week, that would have left the shorts with a combined profit, excluding costs, of at least $1.4 billion from June 30 through July 15.

Apple's (AAPL) guidance hurts shares

By now you've heard, Apple Inc. (NASDAQ:AAPL) shares are down 10% after-hours. Apple plans to earn $1 per share for their current fiscal fourth quarter.  Sounds great but it wasn't the $1.23 a share the Street was hoping for, thus the selling. 

Has MGM Mirage (MGM) finally hit bottom?

MGM MIRAGE (Public, NYSE:MGM) is down a massive 72% in the last 52 weeks. However, today the stock is up 7% thanks to help from WYNN resorts. Let’s take a look and see if the stock is worth a long buy, or if MGM still has room to slide.

Citigroup: If you can't Short, then Buy

Citigroup Inc. (NYSE:C) is just one of The 19 Stocks The SEC Says You Cannot Short.  After reporting a $2.5 billion Q2 08 loss on Friday that was 'better' than analyst expectations, what else could they possibly do wrong?