The Dow has been hit hard with selling, breaking through the key 11,600 support level I’ve been warning about. I said that once the Dow breaks 11,600, the bear is back in control and much lower prices are to come. That means U.S. stocks, and by default the U.S. economy, are going over the cliff. How low will it go? We need more fear in the market before a bottom comes and I see the Dow dropping to as low as 9,200 before a turnaround starts to take hold. Of course, it won't be a straight-down affair. There will be a lot of fake-out moves and with all the uncertainty out there, there will be a lot of volatility. The economic news is not good, and a lot of investors are very, very nervous, and rightfully so. What should you do? Be cautious. Stick ...

By Martin Hutchinson Contributing Editor U.S. Federal Reserve Chairman Ben S. Bernanke ignored the warnings of most economists last week, and kept the benchmark Federal Funds rate at 2%, far below the actual rate of inflation. As a result of this non-move, investors can probably look forward to having global commodities boom to continue for at least a while longer. Here’s why. Genesis of a Commodities Boom Although the overall commodities boom has been under way for a number of years, prices didn’t just move up in a straight line: There have been long stretches during which prices advanced sharply, followed by short stretches of volatile prices reversals. The latest advance - and certainly one of the most intense - was ignited Sept. 18, which is when the U.S. central bank embarked upon one of the most aggressive rate-cutting campaigns in its history, slashing short-term rates from ...

NotableCalls has a list of solid companies out this morning that have been kicked hard in the gut and could bounce back sooner than later.  The Masters agree with lineup, so let's get to it Bruce. Bounce time? Very little to report today. I generally feel the market is due for a bounce here. I see some hot shot market commentators throwing in the towel this AM, which leads me to believe we are pretty close to a bottom. - PetroBras (NYSE:PBR) is getting positive comments from Deutsche Bank this morning with the firm upping their tgt to $95. The stock is also being added to Morgan Stanley's Model Portfolio. Worth a look. - Research in Motion (NASDAQ:RIMM) is trading down again, now hovering just below $120 level in pre mkt trading. CSFB was out with ...

Yodel for profit: In “Great Dividend Plays from Switzerland” which company did David Costa recommend?

Investors should look at Adecco because it has international operations, modest growth and it is paying a decent dividend of over 2 percent, Costa told “Power Lunch Europe” Thursday.