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February 28, 2007

Oil Stock Trader: Wednesday Outlook

Zman submits: I couldnt have picked a better day to write about the Oil Service HOLDRs ETF getting cheaper than yesterday! To be fair I got lucky on the timing. The OIH and the rest of the energy complex simply marked losses in the broader indexes, which took their cue from the strange bedfellows of [ ]

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Wall St. seen rebounding, Bernanke in focus

Stock futures soared on Wednesday, suggesting Wall Street was poised to rebound from its worst slide since 2001 as investors looked for opportunities to snap up attractively priced stocks.

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Canadian Stocks Decline the Most Since 2004 Amid Global Selloff

Feb. 27 (Bloomberg) — Canadian stocks dropped the most in almost three years, after a plunge in the Chinese stock market caused a global equities selloff.
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Stocks tumble on anxiety about China

Stocks suffered their worst one-day slide in more than eight months on Tuesday, driving the blue-chip Dow average down almost 200 points, after China’s main equity index plunged on concerns that share valuations there had become overextended.

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