It was a terrible week for U.S. stocks and equally for almost every major stock markets worldwide. The Dow fell 157.47 points, or 1.5%, on Friday to close at 10,325.38, racking up a 7.3% drop for the week. The Nasdaq Composite Index fell 29.33 points, or 1.5%, on Friday to close at 1,947.39 and lost 10.8% for [...]

Mortgage lenders Fannie Mae (FNM) and Freddie Mac (FRE) are “insolvent” and may need a U.S. government bailout, former St. Louis Federal Reserve President William Poole was quoted as saying in an interview with Bloomberg. Guess what, this is what I wrote on 10 December’07
Delta Financials (DFC) just filed for Bankruptcy. My third encounter with [...]

Mr Warren Buffet’s latest shareholder’s letter has been recently released and if you haven’t read it yet, download a copy and read it. His letters are no less than an investment book which is available for free for the general public. Pay close attention to what he says and what are his investment philosophies and [...]

A very very HAPPY NEW YEAR to all the OP readers and their families. May this new year and the years ahead bring lot of happiness, peace and love to you and those who surround you! Wealth is an outcome and may your investment/ spending actions result in accumulating wealth for you and your families!
Why [...]

As political debate is gaining more momentum in The US and all the talks about recession is hot, I thought to write a post about politics vs US stocks markets and present some interesting findings that MAY be used to formulate an investment strategy.

The Stock Trader’s Almanac, 2004, Yale Hirsch notes that based on his [...]