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hhgregg, Inc.: The Only Retail Stock Worth Buying Right NowFor the first time in six months, retail sales ticked higher in August. Granted, it wasn’t by much – a scant 0.7% higher than July. But it’s inevitable that consumers will eventually get back to their spending ways as this recession subsides. And if you’re looking for a w... |
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The New Way to Collapse an IndustryWe don’t have to go back very far to see the classic boom, bubble, and bust play out. In just the last 15 years, we’ve been fortunate enough to watch over-zealous traders lose their heads again and again. First, they bought tech companies for 80 times their earnings in the late &rsquo... |
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Could Goldman Sachs Share GM’s Fate?Investment banks have gotten fat off the land since 1982, when the great U.S. bull market got its start. Their business has multiplied many-fold, and their earnings have soared into the stratosphere, to a level far higher than any other sector. Now, JPMorgan Chase & Co. (NYSE: JPM) has ... |
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G-7 to Discuss Currencies?The ball is in the dollar’s court today…Aussie is unable to hold 14-month high…China and Eurozone print stronger PMI’s. Chock-full-o-data today…And Now… Today’s Pfennig! Good day… Welcome to October! And a Tub Thumpin’ Thursday to you! No... |
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OLED: The Next High-Tech Profit OpportunityThe first chapter of a colossal technological shift in the electronics industry is beginning. Displays on small televisions, iPods and smart phones are getting smaller, clearer and brighter at a rapid pace — and it will forever change the way you work and play. Simply put, it’s diffic... |
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The Rally Rests on a Knife-EdgeThe longer the rally persists, the more dangerous it becomes. The S&P 500 is up almost 60% since March. The Dow just had its best quarter since ’98. Yesterday, the Dow slipped 29 points. Is the rally finally rolling over? Or is this a genuine bull market, just taking a pause? If it is ... |
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