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, AIG, 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.
