Facebook Hype

I forgot to mention-- while I did benefit off of Facebooks IPO (bet heavily on Morgan Stanley)-- it's important to understand that there is a lot of hype surrounding the release. And when there's hype, there's an opportunity for a crash. Keep that in mind, and happy investing! :D
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Oh and happy leap year.....day?

Acquirees!

So I know I've neglected this blog for a while, but hopefully I have some good news for you all.

Microsoft got approval from the EU to acquire Motorola, and as we all know, the companies that get acquired shoot up tenfold. That's probably something good to look at! :D

Please stop the crisis. Please?

Stocks are continuing to tumble because the European debt crisis isn't looking too great right now. The Dow Jones industrial average (INDU) slid 163 points, or 1.3%, while the S&P 500 (SPX) lost 19 points, or 1.5%, and the Nasdaq (COMP) dropped 35 points, or 1.3%. Earlier, all three major indexes had declined about 2%. I'd recommend Japan's Nikkei, which, despite the current situation, still manages a profit.

looking better!

Not too bad of a fall today-- a little over 0.1 percent for the benchmarks. The week saw the Dow, S&P 500 and Nasdaq end 7%, 7.4% and 7.6% higher, respectively.

On the European front, a report from Bloomberg cited that the European Central Bank might be preparing to make a payment of $270 billion to the International Monetary Fund to deal with the lingering debt crisis.

Time to invest abroad! :)

Ugh.

Markets incurred losses for the seventh consecutive time after the European debt crisis in sight weighed down investor sentiment on Friday. Benchmarks not only logged their worst weekly performance in two weeks, but also suffered the worst Thanksgiving week since 1932. Earlier, markets had been trading higher spurred by hopes of the “Black Friday” syndrome.

Recommendations?
Less investing, more shorting :D

Bad start to the Holidays!

WOW. Horrible way to start off Thanksgiving week. All 3 indexes end around 2% lower thanks to increasing debt fears.

I'd so go with a safe stock, that you know will bounce back up eventually.

Example: Google (GOOG). Have a great Thanksgiving folks! See you next week!

MOLYCORP! X2

As I mentioned in our last post, Molycorp (MCP) is still looking good.

I'd consider going long with the stock. Happy investing!


*Did you remember to make a wish at 11:11 on 11/11/11?