Congrats to all of those who were able to nab a few shares as it hit $55 today. As of this post it is trading around $60/share. Originally priced @ $40/share price was upped last night/late this morning to $60/share. Continue to watch and see how this stock performs. Things should be interesting.
Google Finance for [...]
Archive for March, 2008
VISA is finally here!
Posted in Economy & Markets, tagged Investing, IPO, VISA on March 19, 2008 | 1 Comment »
Fed Cuts Rate by 3/4 point
Posted in Economy & Markets, tagged Fed rate cut on March 18, 2008 | Leave a Comment »
The FOMC reduced the fed funds rate to 2.25%. Yay cheap money, boo inflation!
Big Tuesday
Posted in Economy & Markets, tagged ADBE, Big Tuesday, BSC, GS, LEH, rate cut on March 17, 2008 | Leave a Comment »
Tomorrow promises to be eventful day after this weekend’s fiasco that is the JP Morgan purchase of Bear Stearns for $2 a share. The buyout, in combination with the Fed’s lending rate cut of 25 basis points on Sunday, had serious impact on markets around the globe. Japan ended lower by 3.7% and the rest of Asia is down [...]
Here comes VISA!
Posted in Economy & Markets, tagged Investing, IPO, VISA on March 16, 2008 | Leave a Comment »
As a follow up to my previous post. Here lies another informational post for Visa. Seekingalpha did a great job summarizing the Visa information here. Remember the company is going public sometime in the coming week 3/17.
Paulson Remarks on PWG Recommendations
Posted in Economy & Markets, tagged consumer education, paulson, president's working group recommendations, pwg on March 13, 2008 | 1 Comment »
Treasury Secretary Henry Paulson remarked today on the President’s Working Group on Financial Markets (PWG) recommendations regarding the recent market turmoil. The recommendations boiled down to more transparency, risk management and regulation. Paulson had the following remarks about the six key objectives:
One, stronger transparency and disclosure. The challenges of complexity were exacerbated by opacity. The best antidote to [...]
Gold and Commodities are UP!
Posted in Economy & Markets, tagged DBC, EWZ, FXI, GDX, GLD, IFN, UNG, USO on March 13, 2008 | Leave a Comment »
As I posted earlier this week, it looks like Wall Street finally caught up, and realized that the Fed’s proposal to purchase bank debts is not such a great idea. This in turn drove up prices in Oil and in gold. Seeking Alpha had a great visual representation of various commodities.
Don’t Jump too Quickly
Posted in Economy & Markets, tagged Fed rally on March 12, 2008 | Leave a Comment »
As a follow up to my post last night. It looks like others agree.
Beware the sucker’s rally
Wall Street’s big move Tuesday does not mean that the worst is over for bank stocks. There are some values in the market but investors need to be careful.
Don’t lose your head and keep your cool. ~ Ian
Fed Reserve to the rescue
Posted in Economy & Markets, tagged CFC, Credit Crunch, Federal Reserve, FNM on March 11, 2008 | 1 Comment »
This morning as I watched the Asia markets close I was pleasantly surprised to find most of the indexes up. However, it was not until I stumbled upon this article that had me a little worried.
The Federal Reserve chairman, Mr. Bernanke had just made $200 billion available!?
Let’s take some time to examine the article and [...]
Are you born to be a Billionaire!?
Posted in Personal Finance, tagged Billionaire, Entrepreneur on March 7, 2008 | Leave a Comment »
I stumbled across this article today, and I thought it was an interesting read. Rather than just appling this to becoming a ‘billionaire’ you can also apply these rules to most entrepreneurs.
… a ravenous appetite for risk
… a deep passion and a point of view about the future
I think that most young entrepreneurs like [...]
