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Short-Term Key +8 Long-Term Key +15   ------------------------------------- In this week’s update ...   ***** Letting compulsive gamblers run the casino. ***** Making the world awash in cash. ***** Why an outright collapse is unlikely. Read More

 Today, the market had its worst daily decline since February 2007. The S&P 500 dropped 3.4 percent. This decline was not led by commodities, but financial stocks, as concerns about banks and investment banks prevailed. Shares of Lehman fell 45 percent in one day on renewed concerns about capital and… Read More

Today, the shares of the largest nuclear utility in the country, Exelon (EXC), were under pressure as the company tightened its guidance for the rest of the year and lowered the guidance for the upcoming year. Read More

Yesterday, Fluor (FLR) posted absolutely outstanding numbers, beating estimates on both the top and bottom line. With an impressive backlog the company offered excellent guidance, raising its full-year projection to $3.65 - $3.80 per share, from $3.30 to $3.45 a share.  Read More

The shares of financial companies rallied today, led by the shares of Well Fargo which were up 33 percent on the day. The company handily beat expectations, reporting EPS that were 3 cents higher than the Street’s consensus. Read More

Shares of Income Portfolio member Rohm & Haas (ROH), a specialty chemical manufacturer, jumped 65 percent today as Dow Chemical agreed to buy it in a transaction worth about $18.8 billion. Read More