Posts Tagged ‘futures’
Futures Point to Another Decline; Is it really because of GM?
Monday, March 30, 2009 7:22 1 CommentStock futures are down sharply this morning ahead of the open. The DJIA is down 170 points while the NASDAQ is off 21 points. The mainstream media sources are attributing todays selloff to a comment made from the Obama administration that suggests a GM bankruptcy is a possibility. Is that really the reason for the [...]
Jim Cramer Admits to Market Manipulation (Video)
Wednesday, March 11, 2009 15:29 No CommentsIn this 2006 interview with Jim Cramer, the Mad Money host admits to market manipulation while running his hedge fund. He calls it “a fun game, and it’s a lucrative game,” while suggesting that other hedge fund managers should do the same. He goes on to say that “No one else in the world would [...]
Dow Breaks Below 7,000 as Future Drop
Monday, March 2, 2009 7:39 2 CommentsFutures for the Dow Jones Industrial Average are down sharply indicating an opening of 6,918, the lowest level in 12 years.
News of a massive loss from AIG, and the announcement that HSBC will pull out of the US consumer lending business is weighing in on the market. HSBC reported a 70% drop in profits [...]
