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Good morning markets!

It looks like it may be another bad day on Wall Street…if Asian markets are any indicator of how our markets will perform anyway.
In the Philippines,the market fell 12 percent after government officials failed to ease the global recession fears. The Tokyo market had …

GM to close Grand Rapids, Mich. plant

GM is having a hard time regaining their growth and seeing profits. Recently their stock price has dropped to levels from the 1950′s. Now to help recoup some of the money lost, they are closing the Grand Rapids, Michigan metal stamping plant. …

SEC bans short selling on 799 Financial stocks

One day after the UK Financial Services Authority pulled a similar stunt, the SEC temporarily banned the short selling of almost 800 financial stocks. According to the ban, on October 3rd short selling can resume.
With the news on Friday, financial stocks rallied.
Here’s the list …

Market movers of the day from CNBC could be a good sign :)

Today on the front page of CNBC.com they listed the market movers. In the S&P the top percentage gainers include Khols, Amazon, Starbucks, and Abercrombie and Fitch. The highest percentage losers include Fannie May, United States Steel, Freddie Mac and Massey Energy.
While the mortgage …