Current Financial News

Negative Nancy Index 2010The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.

Thus fellow Masters, join chaos and evil, welcome the Negative Nancy Index for 2010. (QID, FXP, DGZ, DUG, VXX)

Dividend Stock with a 6% Annual Yield (POT)

Potash

Good Ol' Potash Corp.

Once the rage Potash was so sexy and everyone was willing to pay up for it on the global food growth story. Those days have passed and Potash Corporation of Saskatchewan (USA) (NYSE:POT) finds it's shares under $18. POT shares haven't stopped falling in a few years and that makes the stock a 5.7% annual dividend yield.

GOGO shares decline overdone?

GoGO

Gogo Inc was down 40% this morning, is it that bad?

Why is Gogo Inc (GOGO) down 40% this morning? That would be that American Airlines is threatning to pull Gogo's inflight Wi-Fi internet service from its 200 planes. Gogo has almost 11,000 planes fitted worldwide, so doesn't a measly 200 seem overdone?

Deadpool Cast - Thumbs Up

In your face lame superhero movies.

Let me say first hand, DEADPOOL is that good and a bag of chips. Funny, crazy, sexy, explosions.. fucking awesome. I found myself laughing so hard at parts that I missed the next joke as did the theater. I can imagine many people are going back to the theater for 2 scoops to watch it again. Congrats Ryan Reynolds, you have redeemed Deadpool for who he is.

Alcoa Shares: No Respect

No Respect - Rodney

Despite all its efforts to reinvent itself the stock is still down.

Alcoa Inc (NYSE:AA) is always the first company to report every earnings seasons and more often than not they disappoint.  The company has been reinventing itself as an areospace and automotive supplier. The company is supposed to split into two companies during the current quarter. When will Wall Street believe in the company and help shareholders return on investment?

Disney hit a new 52-week Low Yesterday

disney

Are you kidding me?

Walt Disney Co (DIS) shares touched a new 12 month low during Wednesday's trading session. That price was $86.25 a share. It didn't stay that way for long.

Another Down day for the Market

whammies

Stocks continue their decline.

Major indicies are down again today and will finish in the red. As of 1:50 PM the S&P 500 is just .01% from a 10% decline year-to-date.

Goldman Sachs Skeletor Style

Hard to believe but one of them is Goldman.

Stocks hitting new 52-week lows today (Feb 9th, 2016) are Goldman Sachs (GS), Zynga Inc (ZNGA), and DISH Network (DISH).

Sand Person Tusken Raider

DIS is now under $100 a share.

Star Wars Ep. 7 is now the highest earning movie of all-time. Despite it's success the company who will be profiting, Walt Disney Co. (DIS) is hurting. DIS is down on ESPN blues and being hit hard due to the decline in all stocks. We reached a point where this may be ready for a bounce.

More Stocks Tank to 52-week Lows

Bear Market.jpg

Stocks are in Tanksville.

Another day, another crap day on the market with stocks falling like rocks. Today noteable mentions of good companies hitting 52-week lows include Bed Bath & Beyond (BBBY), Denny's (DENN), and the once hot Fitbit Inc (FIT).