[email_link] Bring on the war of words. In a frank conversation with MSN writer Lawrence Ulrich, Audi of America President Johan de Nysschen has said that the Chevy Volt will fail and that anybody who buys the car is an idiot. Not only that, de Nysschen has lumped proponents of any type of electric car…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/121618.mp3 JUST LETTING YOU KNOW… 9 trading days left in the year. In the past few months, I made a point of telling you that we’re entering a very tough period for the market…and that’s what we got. I said it based on how many areas of the market that had topped out–combined with…
[email_link] HONG KONG—Real-estate prices are falling across much of Asia as government measures to rein in once-booming prices start to bite and the slowing global economy hits export-dependent economies. The slowdown ends years of increases that have driven prices up by 70% or more since the start of 2009 in the hottest markets, spurred by…
[email_link] Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the agencies. The lawsuits filed today in Manhattan federal court were followed by an SEC statement that…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/121518.mp3 JUST LETTING YOU KNOW… We’ve had a pretty icky market as of late–what I’ve been describing as bearish action. A lot of areas are breaking down. I don’t like what I’m seeing…a lot of growth leaders in trouble. At the very least, there’s just not much to do, as there’s not much…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/121418.mp3 JUST LETTING YOU KNOW… From February to March, I started warning you of an impending top. I had the reasons. I told you what I was seeing. I started with the financials and then the semiconductors. We went through a real bearish market, culminating with what I consider to be a crash…except it happened…
[email_link] Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought. The National Association of Realtors said a benchmarking exercise had revealed that some properties were listed more than once, and in…
Chart courtesy of StockCharts.com Gold has broke below its 150 day moving average the first time since January of 09. Since that time, gold has tagged this long term moving average 9 times…most to the penny. If it cannot get back above within the next week, I would consider it a major breakdown of consequence….
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/120918.mp3 JUST LETTING YOU KNOW… 14 days of trading left in the year. The spasticity of the market has not died down. As I told you, the market from Veterans Day to the end of the year has been higher for the past 10 out of 10 years, and 22 out of the past 24….
[email_link] On Tuesday, President Obama went to Osawatomie High School in Kansas to deliver an address framing the economic issues for the 2012 election. He was following in the footsteps of turn of the century “progressive” Teddy Roosevelt, who spoke at that same site 100 years ago to rail against big corporations and the privileged,…
