SIF Maybe too late…
So my friend messaged me during class today about SIF. When I went to look the symbol up I already saw that it was up 6 pts. from today’s opening. Why it went up so much? Their 2Q earnings blew up. For more info on it here is the site: SIF
I don’t know if it is too late to buy, but I’m going to wait till next week and see.
Slightly Higher Opening
I find this funny. One site says that stocks will open slightly higher, which is the finance section in yahoo and the other says it has a weaker opening on cnbc. Well if you want to read more about it here are both sites:
Update: Didn’t read the CNBC article carefully before posting sorry. It was about stock indexes =/
Greenspan’s Word on Recession
Just an hour ago Greenspan believes that there is still a 33% chance of a recession, and 67% chance of the economy still being healthy. Changing his mind from 3 months ago? Why is he screwing with the stock market! 3 months ago he said that the economy was going to go into a recession by the end of the year, which slumped the stock market that day. Then the market retreated back up because Ben Bernanke announced that there was no sign of a recession and our economy is healthy. For more information on Greenspan here is the article: http://www.cnbc.com/id/18600654
