Month: November 2011

[email_link] A few numbers on seasonality: I have read and verified that the market has been up the past 10 years from Veteran’s day into the end of the year…as well, it has been up the past 22 of 24 years. I cannot ignore these numbers. The reason given is that the boys do everything…

[email_link] Mortgage finance giants Fannie Mae and Freddie Mac received the biggest federal bailout of the financial crisis. And nearly $100 million of those tax dollars went to lucrative pay packages for top executives, filings show. The top five executives at Fannie Mae received $33.3 million in 2009 and 2010, while the top five at…

[email_link] A little chart on what small business owners have to deal with in order to comply with the new obabacare tax credit. when I first saw this, I thought it was a joke! SOURCE: http://danieljmitchell.files.wordpress.com/2011/11/obamacare-tax-credit.jpg

[email_link] Some incredibly galling behavior on the part of MF Global as exposed by Reuters’ Matthew Goldstein: It appears that 10 days ago, with speculation swirling that the Jon Corzine-led firm would soon file for bankruptcy, a good number of customers started to put in requests to pull their money from the New York-based outfit….

[email_link] Occupy Oakland Protesters Deposit Funds At Wells Fargo After Bank Attacks A group of Oakland anti-Wall Street protesters who blame large banks for the economic downturn have decided that one of those institutions is the best place to stash their money for now. Protesters at an Occupy Oakland meeting Monday voted to deposit a…

[email_link] The federal government’s debt increased by $203,368,715,583.63 in the month of October, according to the U.S. Treasury. That equals about $650 per person for each of the 312,542,760 people the Census Bureau now estimates live in the United States. At the end of September, the total national debt stood at $14,790,340,328,557.15, according to the Bureau of…

[email_link] Take away all the noise. Take away the resignations in Europe. Take away the TARP. Take away the printing of money. Take everything away. The most important thing I am seeing right now is a potential wall being built at the 1250-1280 S&P area. Take a look at the vicious selling on 10/31 and…