Updated 2:14 p.m. — Ohio Rep. John Boehner, R, won a second term as speaker of the House on Thursday over the dissent of a handful of House conservatives. Following a bruising first two years as speaker and leader of House Republicans, 10 conservative lawmakers cast votes for someone other than Boehner during a roll call…
Treasury Secretary Timothy Geithner reportedly plans to step down at the end of January even if lawmakers don’t reach an agreement on the debt ceiling debate. Geithner, the only original member of President Obama’s economic team still in place, has signaled to White House officials that he will leave at the end of the month, Bloomberg…
Small change this morning…RAX is a little too far out…and needs some pulling in. The best play is pullbacks after yesterday’s gap but not sure you get much. Last year, market gapped up 1st day and went up for the whole first quarter before topping out. Bottom line, you have to go with the evidence…
Holy crapomatic Batman…for starters, for your review, all these names had breakouts of some sorts today: AMP,ASH,ADI,AME,APH,ASGN,AMT,BUD,BG,BLL,BK,BX,BRKB,BLK,BC,COF,CERN,CELG,CSC,CX, CI,CCI,CFX,C,CMC,CBS,COST,DE,EBAY,ESV,EMR,ETN,EXPE,EQIX,FNF,FBHS,FBR,GS,LEN,LLTC, LMCA,MA,MTW,NTRS,NWSA,ORCL,OII,PAA,PNR,PSX,POL,PCAR,REGN,SCHW,SCCO,STZ,STT,TSO, TROW,TSM,TYC,URBN,USG,ULTA,UNP,URI,VLO,VRSK,VIAB,WHR,WYNN,WYN,X. On top of that, the midcaps, nyse, russell broke out with everything else furiously coming up the right side. Foreign areas like eem,efa,fxi,ifn also breaking out or broke out. It doesn’t take…
https://archives.warpradio.com/btr/InvestorsEdge/010218.mp3 JUST LETTING YOU KNOW While I was gone on vacation, the emails I got were 9 to 1 asking about the Fiscal Stiff. Many were asking about waiting to invest until the Fiscal Stiff was fixed up. And I just emailed back to everyone the same words: “Can’t blame you for sitting tight.” Because…
Continued SOURCE: https://www.zerohedge.com
I will have a lot more to say tonight… at 1245 pm, markets pulling in just a wee bit from the early morning frenzy. That’s ok…as they came straight up from Monday and today off of news-driven stuff. There is no way I am jumping on this today. Markets are just back into…
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…
