Financial News

Get ready for the S&P 500 to "Crash and Burn" just like the 1990 low budget Sci-Fi film starring Megan Ward and Paul Ganus (who? -- exactly).

Your weapon of choice -- Direxion Daily Small Cap Bear 3X Shares (ETF) (NYSE:TZA) trading today at $7.45 a share.

Tony Montana has nothing on the Wall Street minds that managed to destroy $1.75 trillion of wealth in the subprime mortgage markets. 

Michael Lewis in his new book, called "The Big Short: Inside the Doomsday Machine," comes out later this week and it explains how everything went wrong with the executives we trusted the most, enough to make the legendary Scarface proud.

In Greece today an estimated 50,000 people took to the streets. Flights were grounded and trains suspended amid a nationwide general strike Thursday, as Greek police fought running street battles with anarchist youths in fresh and violent signs of anger at the government's austerity plans.
Usual morning news shows on local television were replaced with alternative programming. Many businesses were shut amid fear of violence, and police blocked main thoroughfares around the city center.

Go Gas and Oil! Summer Driving Season is upon us, time to go long the best in breed in the sector which includes Valero Energy Corporation (NYSE:VLO), Exxon Mobil Corporation (NYSE:XOM), and ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).

Why fight it and get pissed these guys are going to cash in? Get rich with them.

Despite the negative Nancy press on the Toyota Prius, Toyota Motor (NYSE:TM) stock is up 2.6% since Friday and more than 5% since falling below $72 on Feb 23rd (which appears to be the bottom). Prius complaints are coming in at rapid fire and it doesn't necessarily mean there's an epidemic of bad gas pedals.

Part of the rise is from increased consumer awareness, but the relentless negative media coverage means consumers are also looking for problems that might not actually be there. Review Prius Recall? What you Need to Know

Great post from The Fly at iBankcoin.com regarding sugar prices hitting a 7 month low.  Why listen or care?  As the Fly so elegantly puts it:
"I have millions of dollars in cash, ready to be deployed...please remember, you are trading a bullshit 5 figure account at Zeeco. Trade accordingly." 

Jamba Inc. (NASDAQ:JMBA) shareholders are tossing their Jamba Juice this morning after watching their holdings drop 8%+.

Jamba is back under $2, now trading around $1.80 a share.  Investors are throwing up after JMBA posted a Q4 loss of 23 cents a share, which was worse than the single analyst estimate for a loss of 15 cents a share.

Is your Prius safe? 

Toyota Motor's (NYSE:TM) problems with their Prius brand continue to pile up, let's review which models have been recalled and what you should be aware of as a Prius owner such as the floor mat recalls.

Sony Corp. (NYSE:SNE) shares enjoyed hitting a new 52-week high today of $37.33 and to celebrate, how about news that the company will begin selling 3-D TVs in Japan come this summer.

3-D televisions are all the rage, yet another reason to get on the Sony train.

Shares of Electronic Arts Inc. (NASDAQ:ERTS) have been stagnant recently, trading between a 52 week range of 14.76 - 23.76. But in mid 2008, shares were trading as high as $50 a share.Does ERTS have what it takes to get it's mojo back?

We think so. Last week, ERTS released Battlefield Bad Company 2, perfect timing as most gamers are getting bored of Modern Warfare 2.