OUR NEW TAMPA STATION- MoneyTalk 1010 – WHFS-AM
Investors Edge in now on a new Tampa station. We have moved from WHNZ AM 1250 to MoneyTalk 1010 – WHFS-AM…same time. 6:00-7:00 Monday through Friday.
The fake jobs number is in!
The fake job’s number has been announced. Blah blah blah 5% blah blah blah. Because of this, the Fed will raise, not raise, raise, not raise blah blah blah. Futures are down a wee bit as everyone now REALLY REALLY REALLY believes a rate hike is in the offing. Or maybe futures are down because…
While everyone talks rate hike, Yellen actually says the words…”negative rates!”
SOURCE: https://www.zerohedge.com/news/2015-11-04/yellen-says-negative-rates-table-if-outlook-worsened
The Fed…or ONE FLEW OVER THE CUCKOOS NEST!
We traveled all day yesterday but heard Mrs. Bubble may have teased the world again…hike…hike…hike….no hike…no hike…no hike. Does this women think she is announcing a cure for cancer? Is she announcing aliens are among us? Hey lady…it is just a possible freaking raise of a freaking measly 1/4% from the 0-1/4% where you are…
Only one word to describe right now…RELENTLESS!
Another travel report today…clear and concise! The only way to describe a market that is stretched and extended and overbought is RELENTLESS. All we have to do is report to you the news. The worst areas of the market have turned the corner and moved above initial resistance areas. This includes small caps, mid caps,…
Persistent as those freakin’ Kansas City Royals!
Travel version report: Yes…our Mets lost but hats off to a persistent Royals. The Mets did hand them a few but they still had to pitch and hit. Just like the Royals, markets are now a persistent beast to the upside. Every day the lagging areas have a great day, it is a great day…
Bill Gates makes $50 billion through capitalism and now capitalism is phooey!
SOURCE: http://www.theatlantic.com/magazine/archive/2015/11/we-need-an-energy-miracle/407881/
But President Obama tells us he has done a wonderful job with the debt!
SOURCE: http://www.washingtontimes.com/news/2015/nov/1/obama-presidency-to-end-with-20-trillion-national-/
If we were only watching:
If we were only watching the small caps, the mid caps, the NYSE, the Transports and the many areas not thrilling like retail, like restaurants, like housing…we would not think too much of the recent rally. But since everyone concentrates on the Dow, S&P, Nasdaq and Ndx, everyone is thrilled. We just want to tell…
Anatomy of a top revisited – Valeant Pharmaceuticals $VRX
More bad news continues to come out from the Valeant Pharmaceuticals (VRX) story. We have no idea how this ends up but the writing has been on the wall for months for the stock. Due to popular demand here is another look at Gary’s article from last week, promptly titled, “Anatomy of a top.” Originally Published on…