by | Jan 23, 2011 | Towing
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don’t blame us, the Interational Energy Agencys says: “This is a wake-up call to the oil-consuming countries and to t…
by | Jan 21, 2011 | Towing
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week’s strong earnings bode well for c…
by | Jan 20, 2011 | Towing
The CBOE’s Volatility Index, known as the VIX, has been trending lower, which many analysts consider a sign that stocks are due for a fall. But another argument says it’s all relative, and in today’s environment a lower VIX may…
by | Jan 18, 2011 | Towing
There’s no shortage of pundits who shot to fame on the back of a bold, contrarian call only to come up empty afterwards. Meredith Whitney and Nuriel Rubini are just two pundits who called the meltdown while most others were obl…
by | Jan 18, 2011 | Towing
Apple, BofA, Morgan Stanley, IBM, GE, Goldman and Google are among the names reporting this week. And if last week’s numbers are any guide, the market should have plenty of reasons to rally — especially because expectations ar…