Service owns CF,CRM,EXPE,EBAY,LNKD,LL,MA…with all doing fine. MA was funky off earnings but going to give it a chance. The new me gives things a chance these days. While MA failed a gap…it has held right where it needs to. Growth continues to woefully underperform versus value and stuff. The market remains stretched and extended…
Because humor is always the best and only cure to pervasive central planning that has made a mockery of traditional investing and capital allocation, and because nobody delivers unlimited sheer, unadulterated humor quite as well as one James J. Cramer when he is “recommending” stocks, here is the full text of Jim Cramer’s “The Winners of…
AP/ February 1, 2013, 9:00 PM Sylvester Stallone supports assault weapon ban BEVERLY HILLS, CALIF.Sylvester Stallone says that despite his “Rambo” image and new shoot-em-up film “Bullet to the Head,” he’s in favor of new national gun control legislation. Stallone supported the 1994 “Brady bill” that included a now-expired ban on assault weapons, and hopes…
As I have told you, I think I have watched maybe 1 hour of CNBC in the past few years. I shut it off for good because the bald guy blatantly lied about his big bottom call in 08…when market crashed soon after. He then went on to tell investors to stay out of the…
Liberal economist and New York Times columnist Paul Krugman said Wednesday that the U.S. is not in danger of a collapse, and the U.S. won’t run out of cash because “we can print the money.” “The United States is a country that has its own currency – can’t run out of cash, cause we print…
Some Unions Grow Wary of Health Law They Backed Labor unions enthusiastically backed the Obama administration’s health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning sour. Union leaders say many of the law’s requirements will drive up the costs for their health-care plans and make unionized…
MA is a failed gap as of this second. A failed gap is when it simply sells off on perceived good news. I will be watching the rest of the day and advise. It is only 1030 and has already done a couple of round trips.
Lots going on this morning: First off, looked at earnings for MA…and said CRAP…thought it would be gapping down…but instead it is up $20. I would like to jump for joy but it is only about a 4% move but will take it. Gaps this morning are FTNT,JDSU,SWKS,ERIC,CTXS,ALGN,NOW,CNX,QCOM,LVS,UA,TSCO,PBI,PCAR, AN,BX,OXY and that’s all…
We take the pedal off the medal here as I am seeing some signs that dont thrill. The 3D stocks like DDD/SSYS, which have led…cheesed. RAX failing. Wide and loose AMZN…combined with the very extended market…and we kick back. Doesn’t mean we go and sell…just kick back. Nothing wrong with a little pullback from time…
Fed keeps stimulus in place as economy “paused” By Alister Bull and Pedro da Costa WASHINGTON | Wed Jan 30, 2013 2:54pm EST (Reuters) – The Federal Reserve on Wednesday left in place its monthly $85 billion bond-buying stimulus plan, saying economic growth had stalled but indicating the pullback was likely temporary. Describing the nation’s job market…
