tag / financial
- The Monday Flu
The last three weeks Financials have been dropping drastically causing the entire market to go down. It seems like the banking sector has The Monday Flu, as I like to put it. By Friday, these stocks all recover from their damages and slightly more. N.....

- Syncora Holdings
RDN increased 21% today, simply unbelievable how volatile the market is! There are millions to be made in the banking industry - the ups and downs are so drastic!I added Syncora Holdings (.....

- Dull Day
No big news on the market today, so stocks naturally went down with the entire bad economy situation. Thankfully, my stock RDN has been trending upwards this entire week! It may be time to cash out of that one and not get too greedy! WM is getting cl.....

- Banking Sector Plummets
National banks took a nosedive today dragging down the entire market. News of JP Morgan revealing that it's mortgage-related losses already exceeded third quarter losses - .....

- Nice Market Recovery
Well well well! Today was a very healthy day for the stock market, with the Dow, Nasdaq, and S&P were all up! Both WM and RDN increased today! Hopefully RDN will increa.....

- Fannie Mae Reports Losses
Today Fannie Mae (FNM) reported wider-than-expected losses, although surprisingly it didn't effect many banking stocks much. NCC, C, and FRED all were in the positives today. Funny enough, my WM stock decreased about 8% today - some shit, eh? My RDN .....

- Ouch
The stock market simply sucked today with the Dow -224, Nasdaq -22, and the S&P -23 (especially devastating the banking industry today). RDN was down over 15% one time .....

- Radian Group
Today I diversified my portfolio and invested money into Radian Group (RDN) - a private mortgage insurance company. I believe that I caught it on an upswing, up 4% during the day. I predict tomorrow RDN will increase quite well with a 3% gain afterma.....

- Inflation Highest in 27 Years
The inflation rate was released early this morning and it was the highest its been in 27 years - simply amazing to me the crisis this economy is in. There is little the government can do about this with the worsening economy. The entire banking secto.....

- WaMu Hedge Fund Purchase
6% of WaMu was purchased by a UK Hedge fund earlier today, skyrocketing the stock up to 21% gain at one point. Simply wonderful! I expect momentum to gain on this stock as the week progresses.

- WaMu Repurchase
Boy, do I wish I left half my shares in with WaMu. After pulling out the stock increased another 6% yesterday, and today again another 6%. I decided to purchase more shares of WaMu today at $4.70, and the market closed at $4.72. I'm going to diversif.....

- WaMu Stock Up as Predicted
WaMu Stock as been climbing drastically today as predicted! Unfortunately, I got greedy and pulled out after gaining about ~15%. Next time i'll keep half in and wait it out :).

- Airline Stock Predictions
I've been looking into diversifying my portfolio into another volatile market - Airlines. This market is extremely hurt because of the high gas costs - and will increase drastically as prices for oil go down. Oil has been dropping recently because pe.....

- Rocky Day on Stock Market
Today was quite a rocky day on the exchange. The DOW, NASAQ and S&P were all down today. The banking industry was hit pretty hard, but surprisingly enough my WaMu stock was up ~3% at close due to a big purchase right before market closing. At one poi.....

- Reciprocal Damage
Many banking stocks were hurt today with yesterdays bad news. WaMu's devastating losses from yesterday rocked the entire banking sector. WM stock was down almost 5% at close. I'm still in the green from my low 3.77 purchase yesterday near its worst. .....

- A Great Opportunity
Today both the unemployment and housing report was released with unimpressive results. In addition, the S&P was down drastically causing damage to the banking industry. One of my favorite stocks, WM, was hit drastically in comparison to other banking.....

- National City Bank Earnings Hype
National City Bank (NCC) is reporting their quarterly earnings tomorrow. With all the hype this stock peaked up 15% and I decided to sell. I have little faith that NCC will report less-than-expected losses considering how intertwined they are with th.....

- Wachovia and WaMu Losses
Today was sure an exciting day on the stock market! Both Wachovia and Washington Mutual reported wider-than-expected losses causing turmoil in the banking market. These two reports gives me great opportunity to pull out of National City Bank (NCC) ea.....

- No Big News Today
After investing in NCC (National City Bank) last week and gaining a few percentages, the day ended with a fraction percentage down. Bank of America reported less losses than predicted so at first it boosted up, but as the day progressed with little n.....

- Pulled out and Reinvested
I decided to pull out of WM stock earning a total 35% gain (too bad, considering it gained another 20% today - but i'm happy!). I reinvested into National City bank 30 minutes ago and gained 5% so far with it increasing still. Exciting business!

- Investing in Stock Market
I've been doing some reading about the stock market and started my first investments today, and it's been a fun for me. I decided to invest into the banking industry because its so volatile and affordable at the moment. The stock that I chose has inc.....

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