Where are the Financials?

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Probably the main reason why the S&P 500 has struggled to take out old highs in recent weeks is the performance of the Financial sector. It’s actually surprising that the market is where it is given how poorly the Financials have done. As shown in the first chart below, the S&P 500 Financial sector can’t even get above its 50-day moving average, much less test its bull market highs from a month or so ago.

The Financials led us into and out of the bear, and it’s hard to imagine the overall market continuing its bullish pace over the next few months without a resurgence in the Financials.

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Find bargains on Uncle Sam’s eBay

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Wanna buy a defibrillator? A snowboard? Some office furniture, a piano or an arc welder? Has Uncle Sam got a deal for you!

Tips for online bidding

Those are a few of the thousands of items available through government property auctions. Decommissioned battleships, horses, defunct factories, exercise bikes, construction equipment, purses, lighthouses, slot machines, helicopters and even a strip club are some of the things the government has put out for public bidding.

These aren’t traditional “outcry” auctions, where you go in person and call out your bid. Most of these goods are auctioned over the Internet.

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Tips on getting a good plumber

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A lot of people really enjoy being able to fix things themselves.  They like to fix things around the house.But one part of you house that is really tough to do by yourself a lot of times is the plumbing.  Mainly it is because the plumbing is in your floors.  Or the plumbing is within your walls.So if you have a plumbing problem what you have to do at that point is call a plumber.  So here are some tips on finding a good plumber.

First of all a good method to locate a good plumber is with your family and friends. Lik

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Consumers Union asks Fed to take action on credit card debt practices

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As many people continue to struggle with credit carddebt, one organization is calling on the Federal Reserve to take further steps in order to protect consumers from what are seen as unfair practices.

The Consumers Union is encouraging the Fed to take measures to stop companies that provide credit cards from raising interest rates on accounts. Many credit card companies are raising rates in anticipation of new rules provided by the Credit Card Accountability, Responsibility and Disclosure Act, some of which take effect in February 2010.

Those rules would keep credit card companies from arbitrarily raising card rates on consumers. Read more…

Worth A Try: 1 Free Month of Amazon Prime

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Amazon Prime, in case you don’t know, is a premium service where you get free 2nd-day shipping on most items with no minimum order amount, even if you’re just spending $5. Very convenient, especially since not all items qualify for the “Free Super Saver Shipping”. The normal cost for turning Amazon into your impulse-buying superstore is $79 per year (not available to Alaska, Hawaii, P.O. boxes, APO/FPO and U.S. territories).

Even if you’ve had a trial with them before, try signing up for their new 1 month free trial offer. I’ve had

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Overextended and about to lose your home? Get your friends to bail you out!

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The Marketplace.org story: A personal bailout party, L.A. style reports on the recent bail-out party thrown by Christine Schoenwald – charging friends to attend to raise enough money to hopefully save her home from foreclosure.

Hirsch: What about your cash cushion that you had?

Christine Schoenwald: (Laughs) I don’t really have a cash cushion.

Hirsch: Why no cash cushion?

Schoenwald: I don’t make very much money.

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