Month: December 2014

SOURCE: http://www.myfoxorlando.com/clip/10977650/boys-and-girls-club-spread-holiday-cheer

We have been reporting to you that we thought the biotechs were part of the fed-induced bubble. Bubbles are simply mispriced assets brought on by the greed of all parties. Bubbles occur when investors and traders will buy at any price as long as they believe there is someone to buy at a higher price….

ECB printing…Yellen not raising…Japan printing…China lowering…England printing…and the beat goes on. It’s the holiday. It’s the end of year window dressing. It’s central banks. It’s a bull. Case closed! The V-shaped, central bank induced moves remain unprecedented. Enjoy. Just one negative note. On top of all the ridiculous IPO froth in biotechland, biotechs hit a…

To be blunt, we have been at this for a good long time, but the central bank-induced action we have been seeing as of late pretty much wins some sort of a championship belt. These v-shaped moves based on printed money, easing money and non action continue to trump all. This past week, it was…