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Transocean (RIG) has many problems, but management wasn’t supposed to be one of them. It could be now. Eddie Seal/Bloomberg News The offshore driller announced today that CEO Steven Newman, who has headed up Transocean for the past five years, would step down. The announcement came as Transocean also … Read entire story.
Source: Stocks to Watch
In choosing the right mix of ETFs, less is often more.
Sentiment for the home builders took a big dive in October, falling to its lowest level since July. According to the National Association of Home Builders (NAHB), home builder sentiment dropped from 59 down to 54, compared to expectations of 59. October’s report ended a run of four straight months where the survey …
For the most part, economic data has not been stellar. Those who are bearish on this economy continue to point out how we are overvalued on every metric. Unfortunately for those who continue to fight this market have been bitten pretty hard. We had a decent rebound after the past …