It's going to be a tough day for the bulls tomorrow
It's going to be a tough day for the bulls tomorrow. Stocks will open down in most sectors tomorrow morning. The top news is that although AAPL, Apple Computer announced their earnings increased 31% but their cautious forecast is what investors were focusing on. The stock was down about 20 points after the regular market hours closed.
Bernanke again tells Congress stability a priority
Homes facing foreclosure more than doubled in 1Q from 2007
The number of U.S. homes heading toward foreclosure more than doubled in the first quarter from a year earlier, as weakening property values and tighter lending left many homeowners powerless to prevent homes from being auctioned to the highest bidder, a research firm said Monday.
Bank of America's profit drops 77 percent in first quarter
It looks like earnings are really driving this market over the last few weeks as investors are looking for signs of stability. Last week Google helped drive the markets higher. The week before GE helped to drive the market into the ground. Looks like it is Bank of America's turn.