Feb 27, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions


Fannie Mae Seeks $15 Billion More In Bailout Money

Posted: 27 Feb 2010 01:04 AM PST

Is it any surprise that the next drawdown in a multi-billion dollar ongoing bailout gets posted at 5pm on a Friday afternoon? Not in this economy where Uncle Sam, that’s you and me boys and girls, continues to pay for the woefully mismanaged financial and legislative practices of those in Washington.

The gutless typically prefer to operate under a veil of darkness.

I am referring to the sinkhole that is the organization known as Fannie Mae (NYSE:FNM), as it comes back to the well for … [visit site to read more]


Busted Head And Shoulders, And Levels To Watch On Japanese Yen

Posted: 27 Feb 2010 12:01 AM PST

Even if you don’t trade or look at the Japanese Yen Index charts, the Yen Index formed an interested “busted” (so far) head and shoulders pattern on its daily chart that is worth an educational look.

Beyond that, let’s look at the key levels to watch for an upside or downside break of current trendline boundaries.

Starting with the October 2009 highs, we see a likely “Left Shoulder” forming at the 113 level which then led to a bounce off the 109 support into the “Head” at … [visit site to read more]


Four Key Ratios For Investors

Posted: 26 Feb 2010 08:01 PM PST

If you could only have four ratios to evaluate a company what would they be? This is a fun question that is popular in investing circles. For a laugh I’ll take my shot at it, what would you pick?

1) Current Ratio

Current Assets / Current Liabilities

Why?

This ratio keeps track of the company’s ability to pay its short term debt. If a company doesn’t have safety money to deal with debt then they might not be in business tomorrow and I don’t need any of that.

2) Dividend … [visit site to read more]


Reality Seeping Through The Cracks At CNBC?

Posted: 26 Feb 2010 06:33 PM PST

After so much “unexpectedly” bad news, perhaps the reality of how things are on Main Street is finally beginning to seep through the cracks in CNBC’s high-tech newsroom. Otherwise, how else can one explain the fact that the business news network recently featured two — count ‘em, two — interviews with individuals whose views run counter to the “there’s a light at the end of the tunnel” happy talk we’ve come to expect from Booyah-land.
First up is an interview with author and … [visit site to read more]


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