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Daily Archives: August 18th, 2008

Market Falls On Financials: SPX, Nasdaq, FNM, FRE, WM, MER, UB, FMCN

August 18, 2008 – 9:31 pm

from My Happy Trading.com
The market was under pressure right from the beginning as a Barron’s article this weekend renewed concerns over FNM and FRE.  Both FNM and FRE tumbled more than 20% today!  Here are some other losers in the sector:  LEH fell more than 7%; MER lost 5.9%; WM dropped 7.47%.  The pressure from […]

By HappyTrading | Posted in Uncategorized | Comments (0)

Premarket Analysis for 8/17 Upgrades/Downgrades, Gappers, Actionable Calls

August 18, 2008 – 5:21 am

Posted by Optiondragon for myhappytrading, a social network made by traders for traders.
From Briefing.com

Periodicals Wrap-Up for Monday, August 18
WALL STREET JOURNAL: Lehman Brothers Holdings (LEH) will probably post a fiscal Q3 loss of $1.8B or more. The firm previously expected to report a fiscal Q3 profit. INDEPENDENT.ie: Bain Capital has submitted a EUR900M bid for […]

By optiondragon | Posted in Uncategorized | Comments (0)