Current Financial News

Hilary Kramer - GreenTechGreat day to be looking for bargains, hopefully a few of you made the switch to Cash last week or Monday.  As always, the insightful Hilary Kramer made an appearance on the Nightly Business Report. Let's review her commentary... 

Told you so, time to be Cash

MasteryDon't say we didn't tell you, last Friday we wrote - Sometimes its best to just clear the portfolio and take a breather.  With Auto Sales set to report next Tuesday along with a bunch of other crap that could bring the market to its knees, why risk it?  The Dow is going down thanks to bad retail sales and unemployment data.  Time to go shopping.

The FXP gets the job done

Masters Kick AssBack on Aug 2nd the Masters wrote - Profit from the fall of China's stocks: The FXP talking up the UltraShort FTSE/Xinhua China 25 ProShares (AMEX:FXP). Since that time the FXP has moved up 30%.  Mastery in Full Effect with a Bruce Leek kick to the Man.

Comstock Homebuilding (CHCI) rises 97%

Avid Stockmasters readers know that we rarely mention penny stocks or OTC (with exception of Steve Reeves, our OTC specialist). In the past week, Comstock Homebuilding (Public, NASDAQ: CHCI) had risen 270%.
The question is, will it break through resistance at $1 share, or drop back down?

LoJack Corporation (NASDAQ:LOJN) shares at $7.64 could finally start to move back to the promise land.  The FCC is allowing LoJack to now track missing people at risk, individuals of interest to law enforcement, lost or stolen cargo and hazardous materials.  This could be a...

1-2-shabadoo!!

What a mess of a day, here are some Upgrades and notable comments from analysts covering the following stocks:
GS, POT, AAPL, RFMD, LEH, X, DELL

Gold keeps going down along with Yamana (AUY)

Price of GoldThe Masters always keep an eye on Yamana Gold (NYSE:AUY) in reaction to gold prices, oil, the U.S. dollar, and everything else.  The five day move on AUY shares is at -12% and just 40 cents today above its 52-week low.  Place your bets for a bounce.

In Wal-Mart We Trust (WMT)

Buy Wal-Mart (NYSE:WMT), the End.  It's really as simple as that.  Times are tough, investing is even worse, and there's only one evil corporation that will benefit during a time like this...take a guess who?

I pity the fools who hate Gold

Mr. T loves GoldLet the Bears run on Gold, all it does is make gold lovers like Mr. T mad.  Yamana (NYSE:AUY) and other gold stocks are taking a beating today, the question is, for how long?

Coal is not King today, that crown goes to oil. Peabody (NYSE:BTU) is down 12% and Arch Coal (NYSE:ACI) down 14%. If these guys continue to drop, we may have to Buy on weakness.