Think of Black Friday doorbusters as a starting point. Here's how you can save even more.» Read More
After a four year bull market, you need to start trading both sides of the ball.It's a schizophrenic market. Last Tuesday it sold-off violently, then came back with a vengeance. This market may be telling you that the days of buy, hold and hope are over.
"Mortgage Meltdown or Media Hysteria, You Decide" From reading the newspapers, you’d think there was a virtual mortgage crisis in America. But look again! While home loans to people with poor credit (the so called sub-prime market) has grown as a business, it’s still a relatively small part of the total mortgage pie, less than 15% by most accounts.
"It looks like the market is sort of struggling here a little bit, but there is too much skepticism and negativity on the street for me to think that the bottom is going to fall out," said Jeffrey Hirsch, editor-in-chief of the Stock Trader's Almanac, in an interview with CNBC.com.
Credit card company MasterCard International reported a fourth-quarter profit as strong consumer spending drove transaction volume. The company also boosted its dividend.