SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Investment Ideas Served Daily By People You Trust
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

1 pt

Week in Review: Let the Gains Begin

 Aug 10, 2008 12:29 PM UTC
Return Risk
+34.29% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
IGT n/a
AXP n/a
C n/a
FRE n/a
RL n/a
ECB n/a
FNM n/a
UBS n/a
COH n/a
JNY n/a

Graphic_arrow1 Via Paul Kedrosky's Infectious Greed:  

This post is a guest contribution by Prieur du Plessis, writer of the Investment Postcards from Cape Town blog.

The Olympic Games kicked off at 8:08:08 pm on Friday night, the eighth day of the eighth month of 2008. Coincidence? Not at all. The number eight is considered lucky by the Chinese, because in Cantonese (the language of South China) the word for prosperity is "fa", which sounds like "ba" (eight).

Let the gains begin. Fortune also smiled upon stock markets, with the S&P 500 Index scoring its first back-to-back weekly gain since April as the US dollar rallied strongly and oil and commodities plummeted. The S&P 500's gain since the low of July 15 has been 6.7%, with the Financial SPDR up by 27.8%.

10-aug-v1.jpg

Hat tip: Phil's Stock World

As expected, the Federal Open Market Committee held the Fed funds target rate steady at 2.0%. This is the second straight meeting with no

...



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 19.61 +43.19% 177
2 Gerald Greene 18.26 +42.29% 57
3 krprasad 16.35 +17.71% 7
4 The Big Bear 14.95 +39.54% 212
5 akiralegrand 13.77 +16.71% 40


POPULAR STOCKS
Symbol Company Name Sentiment
POT Potash Corp. of Saskatchewan Inc.
MA MasterCard Inc
SIRI Sirius Satellite Radio Inc
GOOG Google Inc
FSLR First Solar Inc.
XOM Exxon Mobil Corp

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
International Game Technology (IGT)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
73.0%
Top:
0.0%

American Express Company (AXP)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
56.0%
Top:
16.0%

Citigroup Inc (C)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
27.0%
Top:
0.0%




TODAY'S HEADLINES





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch