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The two month rally we saw in the stock market since late March has now officially hit a ‘plateau’. As that happens, investors naturally and understandably move to more defensive stocks, avoiding ‘gutsy’ moves. Stocks ended considerably low yesterday, or at least lower than expected, …

America’s most popular coffee chain, Starbucks, announced a second quarter earnings drop from $108 million last year to $25 million the same quarter this year.
The Seattle coffee giant (NASDAQ: SBUX) said it recorded one-time restructuring charges of $152.1 million in the quarter that were partly …

Even after a report about manufacturing being the lowest its been in 28 years, Wall Street enjoyed a nice rally today.
The Dow rose 258.30, or 2.94 percent, to 9,034.69, finishing the week up 6.1 percent. The blue chips last closed above 9,000 on Nov. 5, …

Desperate times call for desperate measures and GM is desperate. Not only did they ask for $18 billion from the government today ($6 billion more than they said they would need), they said they were going to “explore alternatives for the Saturn brand.”
GM’s entire press …

Oil has taken another dive today. Oil fell today $4 a barrel to end at just over $49 a barrel. At the same time, however, Wall Street took another nosedive today with the Dow, Nasdaq, and S&P 500 all falling more than 5%.
In the …