I am sure you know I believe the crooks paint the tape into month-end and quarter-end. It seems that just about every end-of-month moves higher. I took some time today and went over just the past 4 years. I used the 20th of every month into the end of month and here are the facts:…
Having a net worth over $40 billion may command some authority and attention for one’s views on economics and taxation. But it should not buy one an exemption from basic logic, intellectual integrity, or consistency. Such seems to be case with Warren Buffett, who yet again took to the op/ed pages of the New York Times this week…
…YUP…ELECTIONS HAVE CONSEQUENCES. I REPEAT…THERE WILL BE NO SPENDING CUTS! The first serious proposals from the White House to solve the looming “fiscal cliff” of tax rises and budget cuts appear to have been rejected out of hand by Republican leaders in Congress. Treasury secretary Timothy Geithner is reported to have offered a set of proposals that…
The boys have done another good job at end of month. Look at this whole year. End of month has been either flattish after a move or nicely up…no big down last few days. In fact, market looked like it was teetering on Wednesday and then had a “mystery” reversal. I will go back 5…
https://archives.warpradio.com/btr/InvestorsEdge/112918.mp3 JUST LETTING YOU KNOW I could do 20 shows on the Fiscal Stiff. I ask myself, is it worth it at this point and in time? And I don’t know what to say. Just remember what I’m been telling you for years. They were going to spend it first and come after the money…
No additions tonight…into meat of resistance here and saw some churning in a few names today as well as areas of the market. Churning means higher volume with no progress or higher volume and finishing in the lower half of range. Notwithstanding all the fiscal stiff nonsense, may get some pulling in soon. See you…
On a cold November night in Times Square, Officer Lawrence DePrimo was working a counterterrorism post when he encountered an older, barefooted homeless man. The officer disappeared for a moment, then returned with a new pair of boots, and knelt to help the man put them on. Continued SOURCE: http://www.nytimes.com
Continued SOURCE: http://weaselzippers.us
https://archives.warpradio.com/btr/InvestorsEdge/112818.mp3 JUST LETTING YOU KNOW The market has had some rough going as of late. As you know we had a pretty decent correction. Two Fridays we had a high volume turnaround day where the market was and finished near the highs of the day. It gapped up the next day, sat around and then…
Today was a strong day…as growth woke up. I think you can take a position in RAX here…clean move…with stops under 50 day. CRM is buyable moving through $160.50. I also think you probe EXPE here…stops under the 50 day. Keep in mind…market will remain news-driven…just look at today.
