SOURCE: http://www.dailymail.co.uk/news/article-2738653/Stunning-satellite-images-summer-ice-cap-thicker-covers-1-7million-square-kilometres-MORE-2-years-ago-despite-Al-Gore-s-prediction-ICE-FREE-now.html
We will have a much bigger report over the holiday weekend but first a few notes! Shorter term, markets are stretched, extended and overbought from their norm. Many are talking it is due for a pullback. They are correct, but that does not mean markets have to pull back. QE markets are different. One should…
SOURCE: http://www.dailymail.co.uk/news/article-2736764/Marched-deaths-Sickening-ISIS-slaughter-continues-250-soldiers-captured-Syrian-airbase-stripped-led-desert-mass-execution.html
SOURCE: https://www.youtube.com/watch?v=fxDAyUiXphg&feature=youtu.be
GK 8/27/14 Private Equity TRANSCRIPT: GARY: You see, there is no bubble. That’s what they tell us. Just because Snapchat now has a $10 billion market cap with virtually no revenues, there is no bubble. Everything is fine, market is fine, valuations are great, everything is all well and good. Snapchat is now…
SOURCE: http://weaselzippers.us/197824-amazing-video-israels-iron-dome-shoots-down-15-hamas-rockets-at-the-same-time/
8/26/2014 TRANSCRIPT GARY: “I am bringing this up again for the umpteenth time…just in case some of you did not hear it before. THERE HAVE BEEN A BUNCH OF IPOs that have come out recently with no sales. Yes…no sales. They are mostly in the BIOTECH area. Very simply, we have seen this before. Whenever…
SOURCE: http://www.cnbc.com/id/101946713
GK 8/25/14 Valuation TRANSCRIPT: GARY: “Intermune was bought out today by Roche Holdings. Why do I bring this up? Because we are simply told not to worry about froth and speculation and that is all well and good. Just want to let you know a couple of things that I noticed on Intermune today. First…
MONTH END+BUYOUTS=2000 S&P Roche is paying $8.3 billion for a company that has $110 million in sales and loses a couple hundred million on those sales. You think that 10 million shares that are short are happy today? Europe economies soften…and that bottoms their markets as the still relatively weak Dax works it s way…
