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TurleymullerUser
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Regions Financial (nyse:RF) has plummeted to $11.40 from its July 2007 levels of $32. For most of 2008, RF traded in the $18-22 range, but since May, RF has been on a pronounced downtrend. It?s also important to note, that the regional banking group as a whole, has been extremely weak for the past several weeks. Regions fell 7.4% on... read more
Posted on 20:36, June 18, 2008
Apple Inc (nasd:AAPL)- Apple has surged to $180 from $120 where it was trading back in February. Of course, Apple was trading near $200 at the end of December 2007, but sentiment turned and Apple?s shares plummeted January through March before reversing, and staging a rally in April. Shares have been stuck in the $180?s since May. The... read more
Posted on 18:17, June 11, 2008
Current economic conditions are challenging, especially for the consumer. Given a multitude of factors, I am skeptical of the popular belief that GDP growth will pick up significantly in the second half. I expect GDP growth will remain flat to sluggish well into 2009. I can?t foresee significant economic growth returning until the consumer regains... read more
Posted on 18:03, June 9, 2008
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