After yesterday's rally, and President Obama's speech last night, it would have been nice to see another strong day for the market, but that was not the case as sellers came back in and sent all the major markets lower in today's trading. As we know, the housing market has been a major drain on the overall economy, and the real estate market got some more bad news today as we ...

Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day. The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading. For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...

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 ...

In response to growing concerns of an upcoming recession, the White House announced that it had tentatively reached a deal with Congress of an economic stimulus package. Part of the deal would include rebates of up to $600 for individuals, and $1,200 for couples. Along with these rebates, the deal will also include tax breaks for business investment. All said and done, the stimulus package could total $150 billion. What I ...

Oil prices have been moving lower today in reaction to bearish inventory data from the Energy Department. Going into today's inventory report, analysts had been looking to see a rise of 1.25 million barrels and were stunned to see the actual reserves rise by 4.3 million barrels. In reaction to today's report, prices have dropped down to $90.18, down $1.72 on the day, and for a brief period were trading under ...