Why anyone would want to try and shop the day after Thanksgiving is beyond me. I am still in a food coma on Friday and couldn't brave the crowds even for the bargains that are offered. Read More
You have to love our Fed Chairman who said "we are attentive...to the value of the dollar and will continue to formulate policy to guard against risks to our dual mandate to foster both maximum employment and price stability. Our commitment to our dual objectives will help insure the dollar is strong." I think he said he was worried about the dollar but then he wasn't worried about the dollar. I know I am worried about the value of the dollar as no country I am aware of has ever debased their currency to lasting prosperity. Read More
It's official, the gold rush is on: the Republic of Mauritius has purchased 2 metric tons of gold from the IMF. That is one-hundredth the amount of gold that India just bought, but then again with 1.3 million people Mauritius has one-thousandth the population of India. Read More
In extended trade, shares of Disney surged as much as 4% after the Mouse House topped Street forecasts. What must you know before you trade this stock on Friday? Read More
Markets zigzagged on Thursday after a weak holiday outlook from Wal-Mart, a drop in jobless claims and big tech news. How should investors be positioned? Jerry Castellini, president and CIO of CastleArk Management, shared his market insight. Read More
Last week consumer credit for the month of September was reported and fell by -$14.8 billion. That marked the eighth consecutive month the consumer pulled in his/her horns. Consumers apparently continue to believe they are too highly leveraged and are working to pay down debt. Read More