Charting Stocks

It must be nice to be a huge conglomerate like General Electric. After all, you can drum up support for a meaningless war through one subsidiary (NBC/MSNBC) and then reap the financial benefits of that war through another. You can even invest in a company which has yet to turn a profit as your media [...]

What a wild ride these past few weeks have been. Only a month or so ago the Dow Jones Industrial Average traded down to 6,500 amid an onslaught of catastrophic economic news. The market has since rallied 25% from its low with insolvent banks such as Citigroup and Bank of America quadrupling in value. Jim [...]

Wall Street’s favorite jester has fallen foul of the prophet of doom. A tense feud has broken out between the outspoken tele­vision stock picker Jim Cramer and the notoriously gloomy economist Nouriel Roubini.
Roubini, a New York University professor who famously forecast a dire world recession as far back as 2006, has taken exception to remarks [...]

In 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 [...]

Cramer recommends holding Bear Stearns at $65. We warned about it at $158 in our February 2007 Post.
Gotta love CNBC.