jessie's Page

OPEC likely to cut oil production by 2 million barrels -- with outside producers joining in

We have had a wild ride on this oil roller coaster. We have gone from approximately $150 a barrel to approximately $40 a barrel. Whats next? Interest has been cut to 0-.25% in the U.S.. I guess this interest rate cut should do it in regards to reviving the economy. Oil is approximately 40% of our existence. This being the case with the price where it is today other industries and sectors of… Continue

I am in Sao Paulo Brazil and I just left Vitoria Brazil. I have found that not as much has changed as it relates to the downturn in the United States economy. Brazilians are still eating, drinking, and laughing. When I ask about the economy in the U.S. I get responses like "there are more important things in life other than money".

Brazil being one of the largest food and raw material importers in the world is still increasing in exports of raw materials year over year. Therefore, I would say f… Continue

Re building your portfolio to prepare for the new year. Take a look at these stocks. they have fallen from grace, but are now considered diamonds in the rough. If I can go back in time what would I buy? These stocks would be attractive purchases for IRA's your child's future, etc.

A few of the stocks in my current Portfolio for the first quarter of 2009:

C= $8.29
POT= $61.24
V= $52.56
TS= $21.03
LEN= $7.11

The return over the past few weeks has been tremendous.

AP
Saudi king says oil should… Continue

Well the million the dollars is at work, we bought a stock called lennar (len) at $7.00 and sold it $9.18 two days later for a total profit of 21.8%. Not to bad for two days of investing. We will try to double the initial investment as soon as possible. The other companies that we are watching is Citi group (C), Apple computers, (aapl), Research in Motion (rimm), Vimple communications (VIP), and the Brazilian I share (EWZ).

Stay tuned for up dates on our investment portfolio, if you are interes… Continue

Here are several Key points:

Existing home sales are up.
New Home Sales are up.
Interest rates will be cut again this week.
$100 billion injected into the economy as a result of the bailout bill.
The market (Dow Jones) has appeared to stabilize.
We have dropped to a modern day all time low.
Money has been taken from the stock market.
Money has been taken from the money markets.
The price of gold has dropped.
The price of oil has dropped.
October is the historical worst month on the trading cycl… Continue