You may not know this but the russell 2000 is flat over the past 23 months…the s&p is up a wee bit…the dow is up a few percent…is single digits…but things now may be changing. I really thought a couple of weeks back that the market could get going…thus taking a proxy and waiting for…
Greetings and happy and healthy new year. I really do not have many grand words about 2013 as I dont see a lot of changes…just that we are going to continue to have to deal with market interference, market manipulation and a whole lot of noise out of Washington as it makes life tougher in…
Just woke up…vacation almost over. I think even the incompetent bast–ds in Washington will come up with something today…JUST BECA– USE THEY DONT WANT TO GO INTO THE NEW YEAR WITHOUT SOMETHING. Doesn’t matter if it is crap. I would guess that any deal pops the market but I would laugh my — off if…
France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the public deficit. The Council ruled that the planned 75 percent tax on annual income above 1 million euros ($1.32…
Greetings from Hawaii…having a fabulous time…I recommend it highly. I am writing this in two parts…with the first part being written on Friday December 28th and the second part Sunday evening the 30th. I would rather be talking about markets but at this point, they are so rigged, so manipulated and so controlled by just a few…
Technically, market came in this week. The DOW finished below the 50 and 200 day. The S&P finished below the 50 day but above the 200 day. The NASDAQ/NDX finished below both. The RUSSELL remains above both showing some relative strength in the small caps. The NYSE remains above both. Foreign markets remain strong as…
Well…just woke up…I see my sarcastic pre market report already coming to fruition. Our wonderful president who has hamstrung this economy with $6 trillion in debt and another $10 trillion to come over the next few years…is going to offer a “scaled back budget package.” What the heck does that mean? Of course, they can…
Well…it is 415 am where I am vacationing…as I stay on Florida time. So…reversal yesterday as fiscal stiff talks resume…received a few emails telling me market now going higher…and of course, just to piss everyone off, the market has a decent gap to the downside. But dont worry…at 11 am, Reid will say they…
The nonsense continues. If there is any reason why I have been telling you to play light…look no further than today. Look no further than the past few days. Just a bunch of nonsense from Washington which is making the markets all but impossible. Markets rallied on blah blah blah…and tomorrow, markets can dump if…
AMZN broke below pivot as growth just aint happening. Amazing that growth cannot get going. Sell on this break of pivot…small loss.
