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Posts tagged with: Henry Paulson

Here’s my headline for the day: Automakers Have a Plan: Ask for More Money. The original $25 billion needed to save the Big 3 is now above $30 billion. And some analysts are saying the total actually needed is much higher.

QCOR | comment
 

Stocks were unable to build on Thursday’s momentum. Friday’s late sell off seemed like a pretty obvious vote of no-confidence for Paulson. It also suggested the market had low expectations that the G-20 meeting that took place over the weekend would lead to any concrete action.  And the market was right.

GHM | comment
 

So much for the silver lining talk. The Dow Industrials seem intent on testing recent lows. The low close came on October 27 at 8,175. The intra-day low came on October 10 at 7,773. I can’t say it’s a surprise. But it is disappointing.

GM | comment
 

This week’s issue of Investment Expert Insights features Louis Navellier, chairman and founder of Navellier & Associates in Reno, Nevada. He and his team of more than 50 professional analysts and staff manage over $5 billion in mutual funds and institutional accounts.  Find out why Navellier is optimistic about today’s market.

The fact that it wouldn’t be good for my blood pressure aside, do we really think that stocks can simply move back to their prices of a few weeks ago and everything’s suddenly hunky-dory? No, trepidation and caution are always good traits for investors, especially these days. Profit-taking when you have the opportunity is a good thing, too.

MSFT | comment
 

I can’t help but wonder if Monday’s bailout vote would have been different if the Dow Industrials were down 770+ points before they started the roll call.

PEIX | comment
 

 

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