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Top Story
11.20.08
Of all the lessons this economic crisis has taught us, patience and flexibility are at the top of the list. And yesterday was another lesson in both. The Dow slumped in afternoon trading to close 427 points lower. While that was the first time the index had closed below 8,000 since 2003, it did not push through the October 10th intraday low of 7,773.71–which I still consider the bottom... Read the complete story Archive
Top Story
11.20.08: The Big Three are in the news–again. And like always, the prognosis for the Detroit Automakers is pretty grim. In June, I put GM on my list of 23 stocks to sell right away, before the worst of the financial crisis hit. In July, I included Ford and Chrysler on my list of automakers that were blacklisted by PortfolioGrader Pro. In August I posted a Top Story warning of the 'ominous implications' of the credit crisis and slumping auto sales. Now don't get me wrong: I'm not claiming to have a 100% accurate track record. I make my share of mistakes, too. But the bottom line is that I try to keep you ahead of the market following the facts... Read the complete story Archive Receive Louis' E-letter FREE
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The Fall of Citigroup 11.21.08

For months I've been warnings investors about the dangers of investing in Citigroup (C). The shares have been rated a Sell on my PortfolioGrader Pro stock-rating website for over a year. Now the stock is in plunging and the company...

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Week of 11.11.08
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Stock Symbol Grade  
BP PLC (ADS)BPCHOLD
Chevron Corp.CVXABUY
ConocoPhillipsCOPBBUY
Exxon Mobil CoXOMABUY
Occidental PetOXYABUY
Transocean IncRIGBBUY
Stock Symbol Grade  
Abbott LaboratABTABUY
Amgen Inc.AMGNABUY
Covidien Ltd.COVABUY
Genentech Inc.DNAABUY
Icon PLC (ADS)ICLRCHOLD
Thoratec Corp.THORABUY
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Teetering on the Brink?
Credit card problems typically rise at a pace similar to unemployment—the more consumers become unemployed, the more likely they are to stop paying their bill. With the jobless rate on track to hit 8.5% in 2009, the credit card default rate is expected to rise to 7.95%! And who will carry the burden of that debt if not consumers? The credit card companies. These cash-strapped financial institutions are in a world of hurt—including the nation’s biggest of them all…
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