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BREAKING NEWS

The cheapest gas in the United States and Canada...

8/24/07
Home Sales Rise, Factory Orders Up
"The Commerce Department reported Friday that new-home sales rose 2.8 percent in July, after falling 4 percent in June. The increase in July lifted sales to a seasonally adjusted annual rate of 870,000 units. A second report showed that orders to factories for big-ticket goods jumped 5.9 percent in July, the most in 10 months."

8/24/07
Home Depot may accept $1.2 bln less for unit
"Home Depot is close to accepting about $1.2 billion less for the sale of its wholesale distribution business to three private equity firms, The Wall Street Journal reported on Thursday."

8/24/07
Bank of China reveals subprime exposure
"Four of Asia's biggest banks, including state-run giant Bank of China, revealed greater-than-expected exposure to the U.S. subprime mortgage crisis, sending their shares skidding Friday. The news prompted fears that Asian lenders, although domestically focused and risk-averse after the Asia financial crisis of a decade ago, were not as immune as investors had hoped from the subprime meltdown."

8/24/07
Ex-Pakistani leader challenges Musharraf

"Immediately after Pakistan's highest court ruled he could return, former Pakistani Prime Minister Nawaz Sharif said he would go home soon to lead his party's campaign to oust the general who overthrew and exiled him eight years ago."

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Alerts

Black Sheep Trader Position Update and a Buy
8/23/2007
To date, Oakes and I are holding Griffon, Yahoo, and Anadigics in the portfolio.

Insider Buying: Griffon's Chairman of the Board gets Bullish
8/15/2007
The bad news is out for Griffon (GFF). On August 26, 2007, the company posted a 77% drop in quarterly earnings thanks to a dismal housing market.

Take Two kills catalyst... Plus, how to play deck truss.
8/3/2007
Before I get into today's opportunities, I just wanted to say that our thoughts and prayers are with the victim's of the bridge collpase, their families and any one affected by the tragedy.

The Introductory Trades of Black Sheep Trader
7/30/2007
At first look, I was impressed by the company's next year growth rate of roughly 184% and quick ratio of 8.30.

Taser: Buy Signal Alert
7/19/2007
With that news and support from MACD / DMI crossover in agreement, we're recommending...

Cleaning House
7/17/2007
We're recommending that you exit MOL.TO for up to 48% gains.