Foreclosures Keep Rising – No End In Sight
Foreclosure Report: Foreclosures up 30 percent in February Despite halts on new foreclosures by several major lenders, the number of households threatened with losing their homes rose 30 percent in February from last year’s levels, RealtyTrac reported Thursday. Nationwide, nearly 291,000 homes received at least one foreclosure-related notice last month, up 6 percent from January, [...]
Another Intra-day Chart To Understand Resistance & Support
Here is the intra-day chart of SWHC. I posted about the key resistance/support for SWHC in an earlier post. Alot of novice investors/traders still do not understand resistance and support very well. Let us understand that by looking at SWHC intra-day chart. SWHC recently put up a high of $4.80. However there is no way [...]
Top 20 Stocks That Popped After Citi’s News On Being Profitable
With the Dow putting up 379 points today we saw many stocks popping up higher. Massive short covering fueled the rally with Dow, SP500 and Nasdaq closing at 5.80%, 6.37% and 7.07% respectively. Citibank (C) was the reason for markets to cheer after its Chief Executive Officer commented, the Company was profitable in the first [...]