Biz Direct MarketKnowing When To Make A Good Decision

Filed under: eBay (EBAY), Citigroup Inc. (C), American Express (AXP), Amer Intl Group (AIG)

Crummy manufacturing and production data and continued weakness in housing data were not stopping buyers today. At least not until the last 90 minutes when we saw selling take away the triple digit gains in the DJIA. This looked like another day where bulls were washing out the bears until late-day from a DJIA financial component took much of the wind out of the sails today. But the tech-heavy NASDAQ was in negative territory most of the day. Here were today’s unofficial closing bell levels:

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Filed under: Google (GOOG), Yahoo! (YHOO), Entrepreneurs, Small business

Bankrate, Inc. (Nasdaq: RATE) is one of the top financial sites on the Web. And one of the main reasons it does so well: organic traffic.

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Filed under: Products and services, Personal finance

Dear Virginia:” I really really promise never, never to lose your money and I will only make money for you.” If you believe this, you belong with all the other gullible ones on Wall Street.

Nevertheless, this is Wall Street’s newest game. It’s called an absolute-return fund. Big names like Putnam Investments of Boston and Goldman Sachs Absolute Return Tracker Fund are some of the players. They are telling you: “Look we know that mutual funds take only long positions. We are going to change that. We are going to trade your money just like a hedge fund. So. we’ll go long some stocks and we’ll go short some stocks. Why, we are going to include the really wild movers like commodities, currencies, international investments, real estate, managed futures, cash, bonds, and assorted derivatives.” Yes, you heard that right: “assorted derivatives.”

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Filed under: Federal Natl Mtge (FNM), Stocks to Sell, Financial Crisis

I lump these zombies — our first zombies — together because everyone else does.

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Filed under: Other issues, Management, Rants and raves, Google (GOOG), General Electric (GE), Time Warner (TWX), Berkshire Hathaway (BRK.A), Citigroup Inc. (C), Headline news, Recession

Heading into the week’s end, we find that the ground under Wall Street has shifted a little. For at least one week this year, investors have looked at the glass as half full, lending some support to a story I posted earlier in the week: Is the stock market spring loaded? Could it move 3,000 points higher now?

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Filed under: Dell (DELL), Starbucks (SBUX), Procter and Gamble (PG), Small business

In his book Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business, Jeff Howe shows the power of leveraging communities. Some of the cases he looks at are Threadless, iStockphoto and Wikipedia. Basically, with few resources, these organizations have allowed their users and customers to build their business.

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Filed under: Earnings reports, Berkshire Hathaway (BRK.A), Recession

Like so many others, you probably wanted to be a fly on the wall when Warren Buffet gave his fourth-quarter report to shareholders of Berkshire Hathaway Inc. (NYSE BRK.A). Well, here’s the bad news: Net profit fell 96%, the fifth quarterly straight decline and Berkshire’s net worth dropped a whopping $10.9 billion dollars in the final three months of 2008.

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Filed under: Newsletters, ETF Investing, Housing, Recession

This post is part of a 12-article feature that can be read here: Today’s best income ideas.

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Filed under: Scandals

One of the saddest stories to come out of the Bernie Madoff saga is that of Elie Wiesel. The Holocaust survivor, Nobel Laureate and activist saw nearly all of the assets of his foundation wiped out in the Ponzi scheme. Wiesel also lost a huge chunk of his personal wealth.

“This was a personal tragedy where we discovered all of a sudden what we had done in 40 years - my books, my lectures, everything - was gone,” he said at a panel discussion on Thursday. Read the rest of this entry »

	The good news and bad news about the budget
	Some unusual suspects among banks awaiting stress testing
	Between Saks and Maxx, 2009 seems promising
	Even employed people are looking for jobs

DailyFinance today: good news and bad news about the budget, even employed people are looking for jobs, 2009 looks promising for Saks and Maxx originally appeared on BloggingStocks on Thu, 26 Feb 2009 18:10:00 EST. Please see our terms for use of feeds.

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