Ridiculously slow day with commods/financials pulling back a wee bit. A few more days of pullback would go a long way. The only thing I think you can do is add a smaller piece here to TSCO right off the 21 day. The service is up nicely on this…and just want to pile on…
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[email_link] Earlier this year, as the markets were expecting QE3 from one Fed meeting to the next, I was stating another program would not come until September after data for Q2 GDP could be analyzed. However, as we moved into August, and the markets were rallying strongly on “hope” of further balance sheet expansion programs, I moved…
[email_link] SYRIA’S 18-month revolution-turned-war is taking an increasing toll on the population. When opposition fighters entered the capital Damascus and the second city Aleppo in July, President Bashar Assad’s regime responded with warplanes, and the monthly death toll jumped above 3,000. August was even bloodier. Continued SOURCE: http://www.economist.com
[email_link] …I mean the NY Times. Just make things up. I can argue this one for hours but won’t waste my time. FOR one of my occasional conversations with Representative Paul D. Ryan over the last few years, I brought a chart. The chart showed economic growth in the United States in the last several…
I will be gone rest of the day for Jewish holiday! Futures down a wee bit…aapl up as they are selling a lot of phones. $40 BILLION/MONTH goes a long way. The fed is basically insuring a put on the market…notwithstanding pullbacks…I think. We will let market decide no matter what. I…
First leaders and then notes: AMGN-Actually taking off this list. Look at Friday’s action. AAPL- A little higher after big iphone 5 introduction. AMZN- Continues to move higher on product announcements. ALXN- Edging into new highs on no volume. BIIB- Breaks out of flat base with some volume…and now trying to extend it. CRUS-Very…
[email_link] …saying cutting government spending will not hurt the economy…blah blah blah…they want more spending…just an idiotic excuse. They quote the IMF…blah blah blah…they are all insane. Read and watch the following: Fox contributor Gary Kaltbaum today said that it’s “insane people” who believe that “if you cut spending, it’s gonna hurt the economy.” In…
