DISCLAIMER: THE FOLLOWING "Cost of Freedom Recap" CONTAINS STRONG OPINIONS WHICH ARE NOT A REFLECTION OF THE OPINIONS OF FOX NEWS AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE WHEN MAKING PERSONAL INVESTMENT DECISIONS. IT IS FOX NEWS' POLICY THAT CONTRIBUTORS DISCLOSE POSITIONS THEY HOLD IN STOCKS THEY DISCUSS, THOUGH POSITIONS MAY CHANGE. READERS OF "Cost of Freedom Recap" MUST TAKE RESPONSIBILITY FOR THEIR OWN INVESTMENT DECISIONS.
Bulls & Bears | Cavuto on Business | Forbes on FOX | Cashin' In
Bulls & Bears
This past week’s Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Scott Bleier, HybridInvestors.com president; Tobin Smith, ChangeWave Research editor; Peter Schiff, Euro Pacific Capital president and author of "Crash Proof: How to Profit From the Coming Economic Collapse"; Bob Olstein, The Olstein Funds president.
Trading Pit: $uper Tuesday Could Be a $uper Day for Stocks
Super Tuesday: 24 states, 2000-plus delegates. A big day for the candidates indeed! But could Super Tuesday be a super day for the market?
Gary B. Smith: Super Tuesday will be a huge day for the market! We’ll finally find out who the nominees will be and that will give some certainty to investors. Ant I believe it’s going to be John McCain for the GOP and he could be a great leader for this country and terrific for the market and economy!
Tobin Smith: Super Tuesday won’t decide who the nominees will be, so we’ll still have uncertainty. We still need a few more months before we really have some answers.
Peter Schiff: The only certainty here is that one of these guys is going to be president! And not one of them will be good for the market.
Scott Bleier: Wall Street doesn’t care about the election yet. The market has plenty on its plate right now to worry about.
Bob Olstein: We will not see a big recession despite what some are saying on the campaign trail. The stars are perfectly aligned for the market right now!
Microsoft's $45B Bid for Yahoo: $ign of a Market Bottom?
A huge deal this week that could mean huge gains are on the way for your stocks. We're talking about Microsoft offering almost 45 billion dollars to buy Yahoo. Is this a great sign for Wall Street?
Gary B. Smith: Absolutely! When companies go shopping with big bucks like Microsoft is doing with Yahoo, this means they see good times ahead, or bargains at this point. And this isn’t the last buyout we see, which is great for the rest of the market.
Peter Schiff: This is terrible! It’s bad for the shareholders of all three companies. There is no silver lining here. We’re in a bear market and it’s going to go down even more!
Bob Olstein: This is a win-win for both Microsoft and Yahoo! This is the first indicator that deals aren’t dead and that’s a good sign for the stock market.
Get your game day gear on it’s the annual Bulls & Bears stock super bowl! The guys have winning stocks and the winning team in the Stock X-Change!
If you want to watch what each had to say about each stock, click here.
Gary B Smith: Boston Beer (SAM)