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Market Mentality: Federal Reserve and government will always backstop the big financial players, buy like there is no tomorrow.


This morning, the financial stocks are leading the major stock indexes higher. Many traders and investors are buying financial stocks on the anticipation that the European Central Bank (ECB) will cap rising debt yields. The problem with the financial stocks now is that the bulk of that news has already been factored in by the market. You see, someone always knows something before it happens.   ...

Ormat Technologies Inc. (NYSE:ORA) recently announced that it has signed a termination agreement with respect to the power purchase agreement (PPA) and joint operating agreement with NV Energy for the Carson Lake geothermal project in Churchill County , Nev.

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