Bank Takeovers Deepened Financial Market Crisis
Bank takeovers worsened the financial crisis by making firms that were already too big even bigger, said Nouriel Roubini, the New York University professor who predicted the financial crisis. “The institutions are insolvent,” Roubini said in a Bloomberg Radio interview. “You have to take them over and you have to split them up into three [...]
Check How Few Of The Picks Performed And Which Two Bombed 10%
Listed few of the results of the stocks recommended yesterday. KIRK dropped 5% with selling pressure increased. More selling can be expected. CZZ drops 12%. Failed to break $5.00 which led to big selloff. GHDX is now losing steam again. However in the end it pared its morning drop. MV is also losing steam. Volume [...]
9 Stocks To Watch For With Earnings Season On Its Way
KIRK had a morning sell-off which was bought into by the bulls. This indicates strength. Extremely overbought but has room to keep going higher. If $5.50 support holds, this is a potential long position. However if it doesn’t this becomes a potential short entry. Keep watching to see which side it breaks. CZZ has broken [...]