Click here to view today's top stories on your mobile device. | Monday, Aug. 10, 2009 | | Is Dow Theory Sending a Mixed Signal to Buy Stocks? | Dow Theory, one of the oldest stock market forecasting methods, has shown a new buy signal: the Dow Jones Transportation Average joined the Dow Jones Industrial Average to close above January highs, according to Bank of America Merrill Lynch.... »read more | TODAY'S TOP 5 VIDEOS | 1. Hedge Fund Heavyweights | Leon Cooperman, of Omega Advisors; Michael Steinhardt, of Wisdom Tree Investments; and David Gerstenhaber, of Argonaut Capital Management, discuss the state of the hedge fund industry. | 2. Recession Over…or Ending | The recession is either over or ending, according to billionaire hedge fund Leon Cooperman, of Omega Advisors. | 3. GM's Henderson Speaks | General Motors CEO Fritz Henderson discusses the company's new strategy, the "cash for clunkers" program and more. | 4. Banks Boost Fees, Profits Follow | In hopes of boosting profits, banks are raising fee, and they are set to rake in a record $38 billion from doing so this year. Saskia Scholtes, of the Financial Times, has the story. |
| | | | | | Rental Market Reeling | During the housing boom, rental agents bemoaned the quick and easy money that allowed so many would-be renters to become homeowners; so you would think now that the mortgage market is tighter than San Quentin, that rental agents would be a bit more positive. But as the housing pendulum swung back, it crashed right through any theory of supply and demand that might put the rental market in good stead.
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