That’s the news that just came out. The DOW immediately rallied 100 points So instead of the market waiting on the Fed, the market now waits on a “solution” to the fiscal “stiff!” Just keep in mind, there isn’t any solution as all that will happen is taxes will go up and they will lie…
Headline that Speaker Boehner says meeting with the President was ‘constructive’ That’s the news that just came out. The DOW immediately rallied 80 points So instead of the market waiting on the fed, the market now waits on a “solution” to the fiscall “stiff!” Just keep in mind, there isnt any solution as all…
Futures were flat until the White House said something about spending cuts…blah blah blah…and now futures up decently. Now…that’s funny. The new market “waiting with panting breath” is whether the “fiscal stiff” will get fixed. Maybe it is replacing Mr. Bubble and his pronouncements of more printing of money. In any case, there will be…
I cannot wait until he either resigns or is fired. Enough with this “on-purpose” manipulation of markets. His only goal is for markets to go higher. I wish he would just shut the hell up. People being killed in bond funds past couple of weeks…brought to you by Mr. Bubble. Read this: Federal Reserve Chairman Ben…
The U.S. Postal Service said its net loss last year widened to $15.9 billion, more than the $15 billion it had projected, as mail volume continued to drop, falling 5 percent. Without action by Congress, the service will run out of cash on Oct. 15, 2013, after it makes a required workers compensation payment to the U.S….
President Obama’s election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power – but that has left some business owners baulking at the extra cost Obamcare will bring. Florida based restaurant boss John Metz, who runs approximately 40 Denny’s and owns the Hurricane Grill & Wings franchise has decided to…
“The sea was angry that day my friends, like an old man trying to send back soup at a deli” George Costanza To set the record straight, the market didn’t just top out in the past few days. The market had been topping out for weeks as more and more stocks and sectors started breaking…
WASHINGTON, Nov 14 (Reuters) – MF Global’s collapse and the loss of an estimated $1.6 billion in customer money was triggered by former CEO Jon Corzine’s poor management decisions and lax protections for customer funds, a congressional investigation has determined. The findings of the House Financial Services Subcommittee on Oversight will be spelled out in…
Just finished scanning. No man’s land became bigger no man’s land…very stretched and extended to the downside in the near term. Longer term, I suspect we are in a bear market…but will always let the market tell me when changes occur. For the longs, there is really nothing to do. For the shorts, it…
Just got back from my charity Thanksgiving dinner. I have had zero time to scan but really don’t need to. Despite oversold conditions, the market is falling apart. It is that bad. Just about everything is breaking down…just about everything is cracking. I am happy we are out of the way but iwsh we got…
