Skip navigation

Daily Archives: March 6th, 2008

Breaking Support? SPX, Nasdaq, JOYG, BUCY, MRVL, NSM

March 6, 2008 – 6:30 pm

A slew of negative news put additional pressure on the market today. More problems in the wake of credit concerns revealed themselves in Thornburg Mortgage Inc. (TMA). Further, news about Carlyle Capital Corp Ltd, an European firm that invests in mortgage-backed securities, not meeting margin call requirements spooked investors about mortgage REITs. […]

By HappyTrading | Posted in Nasdaq, SPX, MRVL, NSM, JOYG, BUCY | Comments (0)

Premarket Analysis for 3/6 - Upgrades/Downgrades, Gappers, Actionable Calls

March 6, 2008 – 6:20 am

Submitted by OptionDragon

Bob Marley- Waiting In Vain
From Briefing.com

Biggest news this morning is that TMA cannot meet their margin calls and seems to going into bankruptcy. RBC Capital said now that one of TMA’s lenders has declared default, other agreements are automatically in default as well. The firm said as other lenders seize assets, TMA […]

By optiondragon | Posted in Uncategorized | Comments (0)