In the late 1960’s, the central bank of Mexico was looking for ways to bring more American tourists — and their U.S. dollars — into the country. Acapulco, on the Pacific side of the country, had already become a tourist mecca… Read More
Active Trading
BP’s (NYSE: BP) web site is filled with a wide range of Gulf-spill related updates. The energy giant is overwhelming visitors with frequent updates in a bid to show that it is taking matters quite seriously. Lost in all those updates, investors may have missed a fairly… Read More
The past weekend’s news that China will allow its currency, the yuan, to appreciate against the dollar sent positive waves through the market for much of Monday’s trading session. Aluminum and steel stocks were up, as were domestic consumer plays in mainland China. But,… Read More
Among the biggest losers in Tuesday’s early trading are Patriot Coal (NYSE: PCX), Walgreen... Read More
Among the biggest losers in Tuesday’s early trading are Patriot Coal (NYSE: PCX), Walgreen (NYSE: WAG) and USG (NYSE: USG). Top Percentage Losers — Tuesday, June 22, 2010 Company Name... Read More
Put that cork back in the champagne bottle. As the dust has settled, it’s increasingly clear that... Read More
Put that cork back in the champagne bottle. As the dust has settled, it’s increasingly clear that China’s bold actions this weekend regarding its currency may be less bold than it seems. Clearly,... Read More
After surging to a new all-time high of $1,258.58 an ounce on Friday, the yellow metal certainly could come under pressure from profit-taking or some other yet unknown exogenous event. However, for lots and lots of reasons, I like gold in this market. Here’s why: To begin… Read More
Among the biggest winners in Monday’s early trading are Century Aluminum (Nasdaq: CENX),... Read More
Among the biggest winners in Monday’s early trading are Century Aluminum (Nasdaq: CENX), United Micro (NYSE: UMC) and Perfect World (Nasdaq: PWRD). Top Percentage Gainers — Monday, June... Read More
Among the biggest losers in Friday’s early trading are Wimm-Bill-Dann Foods (NYSE: WBD) and... Read More
Among the biggest losers in Friday’s early trading are Wimm-Bill-Dann Foods (NYSE: WBD) and HCP (NYSE: HCP). Top Percentage Losers — Friday, June 18, 2010 Company Name (Ticker) Intra-Day... Read More