The market remains all but impossible to play. Coming into yesterday, things breaking down badly. One word…a repeated word over past months by the ECB Pres and we gap up 200. Futures were blah this morning until, guess what, they said they would be buying Spain and Italian Bonds and now do something with Greece….
I am getting a lot of emails about IBD going MARKET IN UPTREND just two days after going MARKET IN CORRECTION. The fact is the nasdaq and s&p never undercut….but the fact also is today was another forced day into month end on bs news. The only thing that matters to me is whether there…
[email_link] President Obama’s health care law raises taxes by $1 trillion, according to a new report from the Congressional Budget Office. The individual mandate — which the CBO calls a “penalty tax,” in apparent deference to Chief Justice John Roberts — will produce $55 billion in “penalty payments by uninsured individuals,” the CBO told House…
[email_link] BRIAN WILLIAMS ACTUALLY ASKED THIS QUESTION OF ROMNEY! WATCH! GLAD ROMNEY STUCK IT RIGHT BACK IN HIS FACE! Visit NBCNews.com for breaking news, world news, and news about the economy
[email_link] This is why I like Bill O’Reilly. Pure logic…simple logic! I don’t know this Congressman…but here’s a guy with absolutely no logic. Imagine not wanting to report someone buying 60,000 rounds of ammunition! READ THIS AND WATCH THE VIDEO: During Tuesday night’s edition of “The O’Reilly Factor,” the Fox News host got into a heated…
[email_link] Just what the heck is going on here. And I do believe the Mayor is Jewish. How do such miserable, racist human beings get into a position of power? Ignoring Nation of Islam leader Louis Farrakhan’s history of anti-Semitic remarks, Mayor Rahm Emanuel on Wednesday welcomed the army of men dispatched to the streets by Farrakhan to…
Last night, I added in one point that we have to be aware of Big Ben…meaning Bernanke and his printing of trillions. I should have said to be aware of big Mario because the ECB President Mario Draghi, on purpose…said this earlier this morning: “sharing national sovereignty on EU level to come” and that…
Just a few days left in this month…and may I say major indices now hanging on the ledge of a bearish wedge. That rhymes. I suspect we will get some end of month action and then have to deal with the fed next tues and wed…so will continue to go slow. I am more apt…
[email_link] Hypocrite to top all hypocrites! Who is Sandy Weill? He is none other than a retired Citigroup Chairman, a former NY Fed Director, and a “philanthropist.” He is also the man who lobbied for overturning of Glass Steagall in the last years of the 20th century, whose repeal permitted the merger of Travelers of…
[email_link] In plain sight, the @&#@& on Wall Street. conveniently floated a story about the Fed, once again, printing money to save the day. Of course, this B.S. was released late in the day…on a very bad day…which in turn goosed the market into yesterday’s close. They don’t even try to hide their manipulation any…
