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Nov29
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Stocks held up quite nicely today considering the huge run they have had the last couple of days. The Dow gained 22 points today. The Nasdaq rose by 5 points on the day. The broader S&P 500 gained a little less than one point. The sector picture was a mixed one, with very few groups making significant moves today. Large cap technology stocks were notable winners today as they extended their  winning streak. VMWare (NYSE:VMW) gained 3.6% on above-average volume. It has gained almost 20 points in the past 3 trading sessions. Baidu.com Inc. (Nasdaq:BIDU) continued its impressive run, charging another 3.33% higher today. Solar stocks were true standouts today, charging higher on news of the busted oil pipeline in Minnesota. First Solar (Nasdaq:FSLR) jumped 10.33% and hit a new all-time high today. Evergreen Solar (Nasdaq:ESLR) gained 4.71% and MEMC Electronic Materials (NYSE:WFR) gained 2.67% as part of that solar play today. Energy stocks were higher for the most part today, but just moderately so. Crude oil rose today after the news of the busted pipelines in Minnesota worried traders. ConocoPhillips (NYSE:COP) gained 1.42% today as the major oils showed a little strength. Sunoco (NYSE:SUN) shares rose by 2.63% on strong volume. Some of the equipment and drilling companies showed some more significant gains today. National-Oilwell Varco (NYSE:NOV) shares surged by 4.79%. Weatherford International (NYSE:WFT) shares rose by 2.43% on strong volume. Financials gave back a little bit of ground after yesterday's massive rally, but in most cases the losses were contained very well. Lehman Brothers (NYSE:LEH) was one of the weakest stocks in the financial industry after an analyst cut her ratings on the stock. Capital One Financial (NYSE:COF) gave up 3.15% today, but it did so on fairly light volume. Principal Financial (NYSE:PFG) plunged 8.05% after slashing its 2008 earnings estimates.
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Nov28
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Rate cut hopes increased today on the street as Fed Vice Chairman Donald Kohn spoke this morning of the need for the FOMC to take a much closer look at the possibility of future rate moves because of the quickly...
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Nov27
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The markets finally rebounded, bouncing nicely today. The mood was brighter today as investors took a breather from their worries about the credit crunch. The Dow gained 215 points. The Nasdaq gained 40 points. The broader S&P 500 gained 21 points, or...
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Nov26
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It's the start of a brand new week, but today's trading action picked up right where most of the trading days have in the past couple of weeks, with large losses. Most reports out today said that the holiday shopping...
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Nov25
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After last weeks holiday-shortened week of trading, the markets will be open for a full week of action and investors will certainly be watching the indices closely. Selling pressure intensified in the last few full trading sessions, and many market...
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Nov23
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After Tuesday's post regarding possible values in several beaten down stocks I thought it would be appropriate to post a top five of beaten down stocks that I wouldn't touch. The interesting thing about the stock market is that one...
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Nov20
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Here at GrowYourFunds I like to make it a policy not to have too many of my articles be stock pick related. Some readers certainly like to get some individual ideas though, and we are now in a period where...
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Freddie Mac (NYSE:FRE), a government sponsored enterprise designed to help provide financing in the mortgage market, today reported a massive loss of $2 billion, and says it is having lots of trouble raising capital. The company has signed with both...
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Nov19
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Today was yet another day of continuous selling on the street as the markets took a hard fall. All the major indices began the day in the red and worsened as the day went along. The Dow finished lower by...
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Nov18
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Each week I sit down on Sunday evening and take a look at the week ahead in the markets, and this week as I did I was startled to see how many important companies are set to report earnings this week....
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It's been quite a while since we have had an installment of around the investment blogging world, so today will be the day. There has been a lot of very informative posts throughout the investment and personal finance blogging world...
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Nov14
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It seems like such a no-brainer, you should always have an investment objective before buying a stock, yet many investors completely disregard this all-important step. Planning ahead and setting an objective or a goal is commonplace in most tasks, so...
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Late this afternoon Merrill Lynch (NYSE:MER) named NYSE head John Thain its new chairman and CEO. Thain's first day on the job is December 1st. Thain will be taking over for the departed Stanley O'Neal who left after announcing an $8 billion write...
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Nov13
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Today was an amazing change of fortunes from the last few days on wall street. Stocks moved higher early in the day and gained throughout the day. The major indices finished the session at their highs of the day. The...
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Nov12
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Today was a day to forget for many highly owned stocks that have recently had brilliant runs. The overall market was weak, but inside that market there was huge weakness in those stocks which have been market leaders. The Dow...
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Nov11
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Earnings season is beginning to wind down, but there are still several companies of note reporting this coming week. This will be the final week of this earnings season that GrowYourFunds will have a weekly earnings preview, but we will...
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There are professions and hobbies in life where being emotional can help you, but investing is not one of them. I simply cannot stress enough how essential it is for an investor to keep their emotions under control. This past week is...
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Nov 9
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The bears certainly controlled the day today, as well as the whole week. Stocks were under significant pressure once again today as more bad news from the mortgage mess worried investors. It was a very volatile day of trading again...
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Nov 8
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Volatility is back, in a big way. The markets started higher this morning, plunged lower midday, then recovered most of their losses in the last hour of trading. Blue chips and the broad S&P 500 index recovered almost all of...
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Nov 7
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Today's was a big day of earnings across the street so I wanted to do another earnings review and summarize what came about from those all-important earnings releases.Earnings Review November 7thFoster Wheeler Limited (Nasdaq:FWLT) FWLT reported earnings that blew away...
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Nov 6
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It's the top story nearly every day right now, and it has been a major story since August when wall street starting realizing just how bad the credit markets were. Subprime mortgages have taken the largest fall, and are taking...
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Nov 5
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Tonight I am introducing a new series I will be revisiting every so often called the sector in focus. In these posts I will look at a sector that is in the news and explain why it is in the...
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It was yet another day of selling on the street today, with financials once again leading the way lower. Early this morning Citigroup announced it would have to write off up to an additional $11 billion, and the fallout was...
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Nov 4
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This week is a fairly quiet one on the economic front, so earnings reports will take on an even greater role than normal in the direction of the markets this week. After this week we start to see a little bit...
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Nov 2
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Even though you wouldn't know by just looking at the final numbers, it was a wild Friday for stocks. If you look at a chart of any of the major indices it resembles a roller coaster ride. Stocks charged higher...
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Nov 1
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Since the market tumbled so violently today many of the top stories have gone away from the numerous earnings reports, but I wanted to visit some of the notable reports because they are truly what drives the market. In the...
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A day after gaining ground after the FOMC cut rates by a quarter of a point, stocks were slaughtered today. Worries that the FOMC will not cut interest rates anymore were abound today on wall street. These worries were made...
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