Archive for January 16th, 2009

The credit market crash may have left many investors out of pocket. But volatility breeds opportunities, and there are many bargains for the picking if you have cash to play with.
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Asian stocks rose Friday in cautious trading as optimism grew the U.S. would again bailout the banking industry and a weaker yen lifted shares of exporters.
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Jobs off the job; Mama Madoff’s wallet; Lennar’s mudfight; Rubin’s final act; calculating accountants.
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No one except short-sellers escaped damage last year in the stock market, with the S&P 500 down 38.5%. But you would have suffered somewhat less than average with our stock picks.
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Because of slumping sales, Honda said it was cutting output in Japan, while Toyota announced it was making further production cuts in North America.
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CHICAGO—-Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
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The U.S. government also agreed to backstop about $118 billion of assets at the bank.
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Asian stocks ended higher Friday as the U.S. government moved to bail out Bank of America and as a weaker yen lifted shares of exporters.
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