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    Market Update

    US stocks turned early losses around to close in positive territory. The Dow Jones Industrial Average climbed 109.26 points, or 0.81 percent, to close at 13,676.23. The Nasdaq Composite rose 45.33 points, or 1.65 percent, to close at 2,799.26. The S&P 500 gained 13.26 points, or 0.88 percent, to close at 1,519.59...


    Intraday Market Update

    We’ve received several subscriber inquiries asking if our Simon Property 8 3/8% Preferred Series J (NYSE: SPG J, CUSIP: 828806885) is being called. The answer is no...


    Market Update

    It looked like a game of tug-of-war on Wall Street. US Stocks zigzagged their way back and forth, in and out of negative territory, before battling back from significant mid-day losses to close in the black...


    Pay Me Weekly Commentary

    Nobody knows the pains of the mortgage business more keenly than shareholders in Thornburg Mortgage (NYSE: TMA). The company went through its last quarterly report, which wasn’t much of a surprise in the numbers but rather in how the company’s management continued to explain that the market for mortgages is far from settled.


    Market Update

    On the 20th anniversary of Black Monday, US stocks fell amid rising crude prices and increased anxiety about the economy...


    Intraday Market Update

    You’d think the energy business would be of increasing interest to the market, but that hasn’t been the case during the past several weeks for some of our prime petrol partnerships. That lack of interest, though, isn’t traceable to underlying business conditions...


    Market Update

    US stocks were ripe with volatility today, sliding lower into negative territory after the opening bell and rallying back to black intraday before finally closing in a mix...


    Market Update

    Volatility is the word of the day. US stocks took a roller coaster ride today before closing in a mix. The Dow Jones Industrial Average fell 20.40 points, or 0.15 percent, to close at 13,892.54. The Nasdaq Composite rose 28.76 points, or 1.04 percent, to close at 2,792.67. The S&P 500 gained 2.71 points, or 0.18 percent, to close at 1,541.24.


    Market Update

    Here come the bears? Despite all the red you’re seeing, don’t give up just yet. US stocks slid lower today amid rocketing oil prices and continued housing and credit woes...


    Market Update

    US stocks slid amid record-high crude prices, sending the Dow Jones Industrial Average below the 14,000-point mark. The Dow dropped 108.28 points, or 0.77 percent, to close at 13,984.80; the Nasdaq Composite fell 25.63 points, or 0.91 percent, to close at 2,780.05; and the S&P 500 shed 13.09 points, or 0.84 percent, to close at 1,548.71...




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