It has definitely been a tough market lately, and today looks like another market crash, but we have here a few stocks that were upgraded this morning, and should have OK days as a result Chico’s FAS (CHS) : Thomas Weisel lifted its rating on the stock to a market weight. Estee Lauder (EL) : Piper Jaffray lifted its rating on the stock from a sell rating to a neutral. Jetblue (JBLU) : ...

With the way the market has been moving violently lower the past couple of week, the Federal Reserve announced today it was lowering its key federal funds rate by half of a percentage point, down to 1.5%. It lowered the discount rate by the same amount, down to 1.75%. The Fed stated that economic growth had slowed "markedly in recent months," and that the cut was necessary. Futures are trading higher this ...

Another tough day ahead of us on Wall Street, as international markets have sold off about 4% today on widening fears over the slowing global economy. Look for another sell off on Wall Street, as futures are indicating a very sharp drop at the open. After the volatile week last week, many of us had some hopes that the Bush approved $700 billion bailout plan that was passed late on Friday ...