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The bulls saw a glimmer of hope in Tuesday’s trading session, with the major averages enjoying one of their best days in a very long time. Tuesday’s bounce came courtesy of Federal Reserve Chairman Ben Bernanke, who said that our nation’s banks would not be nationalized and that we could be out of this recession by the fourth quarter of 2009 — if all goes right.
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Dow Jones Industrial Average closing value, November 4, 2008: 9,625
Dow Jones Industrial Average closing value, February 17, 2009: 7,553
On Tuesday, President Obama signed unprecedented bailout legislation into law. The $787 billion “rescue” package is intended to create jobs and jumpstart the ailing U.S. economy. Whether the plan has its intended effect, only time will tell; however, one effect we all can agree on is that since Election Day, the market hasn’t been very bullish on Obama. […]
Dow Jones Industrial Average closing value, November 4, 2008: 9,625 Dow Jones Industrial Average closing value, February 17, 2009: 7,553 On Tuesday, President Obama signed unprecedented bailout legislation into law. The $787 billion "rescue" package is intended to create jobs and jumpstart the ailing U.S. economy. Whether the plan has its intended effect, only time will tell; however, one effect we all can agree on is that since Election Day, the market hasn’t been very bullish on Obama.
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I love to visit old friends from time to time, but the market seems as though it wants to visit one old “friend” that isn’t too hospitable. That friend is the S&P 500 Index 800, and it’s a level that seems much closer to reality than the friendly S&P 900. […]
I love to visit old friends from time to time, but the market seems as though it wants to visit one old "friend" that isn’t too hospitable. That friend is the S&P 500 Index 800, and it’s a level that seems much closer to reality than the friendly S&P 900.
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Successful Investing is Jim Woods’ flagship investment advisory service. For almost 40 years, its proprietary approach (called the Fabian Plan in honor of founders, Doug and Dick Fabian) has determined whether the market’s flashing “buy” or “sell.” When it’s time to buy, Jim tells you which stocks and ETFs offer the best potential and least risk. When it’s time to sell, he tells you exactly when to get out. In almost four decades, Successful Investing has called just about every major market plunge.
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If you’ve ever owned a pet rodent, you know that it likes to move about quickly from one side of its cage to the other. Yet despite the rodent’s best efforts, it just can’t escape the boundaries of its confines… […]
If you’ve ever owned a pet rodent, you know that it likes to move about quickly from one side of its cage to the other. Yet despite the rodent’s best efforts, it just can’t escape the boundaries of its confines…
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The markets liked the sound of that… I heard one “mad” market commentator say this was the biggest buy signal he’s heard in years […]
The markets liked the sound of that… I heard one “mad” market commentator say this was the biggest buy signal he’s heard in years […]
The markets liked the sound of that… I heard one “mad” market commentator say this was the biggest buy signal he’s heard in years […]
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