CHESSNOID

In the last 5 months ending September, the stock markets have ended down. The trend has been negative and still has not reversed course. I use to be a firm believer in the buy and hold method which was taught to me in my college courses, and luckily I learned before the last [...]

So the market has been experiencing increased volatility and the fundamentals are very hard to read. Obviously, the trend is both negative and downward, but you can actually see it in the stock technicals. There are sites that create the charts for you and all you have to do now is interpret what they [...]

This BofA news seems to get worse by the headline. I just blogged about BofA laying off up to 30,000 people recently and this update has 10,000 more people getting the axe.  Ironic, the executives are still raking record bonuses.  If my memory serves me correctly, BofA also did take taxpayer money.  I would have [...]

The banks ask for a taxpayer bailout and our corrupt government grants it.  The banks promised they will help the people (taxpayers) by doing loan modifications and start lending more money out.  Instead, they lie about doing the mods and foreclose on people who are working with them and instead of loaning the borrowed money [...]