Online Trading and Investing Journal

The Federal Reserve cut interest rates by a hefty half-percentage point on Wednesday as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch.
The Fed’s action takes the bellwether federal funds rate target to 3 percent, the lowest since June 2005 and comes […]

Investors are exhausted after their whipsaw week but they’re not ruling out another one. All the assumptions Wall Street made when it recovered from steep losses last week - that the Federal Reserve will cut rates again, that President Bush’s stimulus plan will proceed and that any recession that occurs might actually be shallow and […]

Billionaire Warren Buffett has donated stock in his company worth roughly $14.31 million on Friday to several charities over the past six months.
Buffett disclosed six different donations of Class B shares of Berkshire Hathaway Inc. in a filing with the Securities and Exchange Commission on Friday.
A total of 3,090 B shares were given away between […]

Japan’s leading mobile phone operator NTT DoCoMo Inc. and US search-engine giant Google Inc. said on Thursday they were tying up as both companies try to steal a march amid tough competition.
DoCoMo will incorporate Google’s search and e-mail features into its popular “i-mode” Internet service as part of a broader alliance that may lead to […]

It started with another stomach-turning drop at the open, and a loss of more than 300 points by midday. Then stocks changed course, raced higher and closed with a dramatic gain of nearly 300.
This wasn’t just volatility. This was Wall Street whiplash.
Amid tumbling housing prices, an ongoing credit crisis and growing fears of a recession, […]