Covestor is great place to follow the meltdown in the US financial
system this week as a number of Members are posting their views on what has
been happening and where they think this is likely to go. To find out what
great self investors are doing with their own money right now either check out
the pages relating to affected stocks (BAC, MER, etc.) or keep track of commentary on the site.
Recent posts include:
- Lehman Brothers Filing For Bankruptcy; Bank of America
Purchases Merrill Lynch – User jhurtado covers the news
that Lehman is the first big financial giant to officially file for Chapter 11
protection while Merrill Lynch escapes a similar fate - This is a Tradeable Bottom –
User Woodshedder feels that short term we have technically reached a bottom. - Who’s Calling A Bottom in Financials Now?
– User 20smoney shares his opinion of where he thinks the market will move
from here. - Dow Plunges 500 Amid Financial
Meltdown – Covestor Community Manager summarizes on his
blog StockTradingToGo the chaos of the week thus far.
We are also receiving a number of
requests from journalists asking for self directed investors to comment on recent
events so if you are interested in being included please contact us.
