Tag: GM

Pre-Holiday = Light Volume

Today’s volume looked like pre-market trading as there just wasn’t much participation. It’s only going to get worse as we approach the half-day on Wednesday as investors are looking elsewhere to dull the losses until the new year begins. Although, on Wednesday we do get three rather large reports from the government so we could

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The Next Big Thing From Uncle Sam…

The biggest catalyst today was the announcement that the government, along with the mortgage industry, will be helping those hurting. The idea is that the “troubled loans” that some homeowners got into can be renegotiated to better, more stable terms. It is hoped that the investors who were flipping homes are out of the market

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Not The Best Post-Election Start

A second day of selling for the major indices and it looks like the markets are back and focused on the dismal data of late. I wish I could say that we could see a bit of stability return, but tomorrow we get the highly anticipated non-farm payrolls. The consensus is a loss of 200K

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