Pullback day. Volume was light but one gets paid on price. At this point, want to see how things pull back. We are still in seasonal strength time but the fiscal stiff crap may get in way…as both parties digging in their heels. Nothing new tonight but for a low beta bigger…
The American taxpayers stand to lose billions as General Motors today announced a plan to buy back 40 percent of the company owned by the federal government. “The Detroit automaker said it will purchase 200 million shares of GM stock held by Treasury for $5.5 billion — or $27.50 per share — nearly $2 above the…
Deeply affected by the massacre at Sandy Hook, gun owners in Camden, New Jersey, America’s deadliest town, turned in a record number of weapons in a buy back scheme over the weekend. 1,137 firearms including an elephant-gun were handed in on Friday and Saturday at two churches in the crime-plagued town as the ramifications of…
Continued SOURCE: http://www.aol.com
Futures are up a wee bit. ORCL gapping up on numbers. Doesn’t take a rocket scientist to say near term, markets overbought but it is that time of year. Hoping some stronger names pull back versus new breakouts but we’ll take it as it goes. Will be back intraday if I see anything new on…
https://archives.warpradio.com/btr/InvestorsEdge/121818.mp3 JUST LETTING YOU KNOW With 8 1/2 days left of trading before the end of the year, the boys are getting the job done. Remember what I told you. Last year the week before Christmas, the S&P was up 4.1%. Guess what? We’re not even into Wednesday and we’re already up 2.3% in two…
This is the type of market I like as I can talk less and just give out stocks and pivots. Today, AMZN blew past the pivot. EBAY just needs to pop out. CRM is cooking. AMGN still sitting. The plan was to come into the week and also buy the market off the pullback…and so…
Before we get started, my prayers go out to the families affected by the senseless tragedy in Connecticut. My heart aches over the interviews I have been watching of the parents who lost a child. Frankly, I don’t know what I would do if it was my child. The anticipated end-of-year rally that this report told…
Futures up off of yesterday’s momentum, Xmas trading and lots of financials being upgraded this morning. On top of that, I count 4 analysts defending AAPL. Changing one thing…since C is upgraded…wait this second to enter. I will advise. Do keep in mind, most major indices are just back into the middle…
Well…the rigged market moves on cue. It is end of month, end of quarter and end of year…so the first set-up ramps. In case you didn’t know, here was the news today….GE lowered their numbers and economic numbers were terrible. That should lift markets? Yeah…that’s the ticket. You can be in a depression but with…
