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Daily Archives: October 29th, 2008

Fed Cuts Rates By Half-A-Point: SPX, Nasdaq, BTU, ACI, MEE, POT, MON, MOS, CNX, SPWRA, ENER

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last night, I commented, “The market could probably carry this upward momentum into the morning.  Then, things will likely get volatile before and after the Fed announcements.”  The marke showed strength through most of the day.  It started to lose steam before the Fed announcements, [...]

Premarket Analysis for 10/29 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Wednesday, October 29th WALL STREET JOURNAL: According to people familiar with the talks, the Wall Street Journal reported that GMAC LLC is looking to become a bank holding company. This move would give the lender, co-owned by General Motors (GM) and Cerberus Capital, access to [...]