Listen to these answers from direct questions to the head of the SBA! Hector Camacho might be in tough shape in hospital, but someone is out there bobbing and weaving like a champ. Meet Karen Mills, President Obama’s head of the Small Business Administration. When Joe Scarborough asked her straight-up to state the cost per worker of…
Futures are up a wee bit as I do think there is some more upside in the near term off the reaction low of this week…but straight ahead is the potential for a ton of short set-ups as things bounce into resistance/moving averages. That could change if we get a high volume, follow through day…
Can’t away from today except they tried to sell it and couldn’t…all on light volume. I am not trading tomorrow or Friday as volume light and Friday a half day…but do want to let you know a few names that are showing strong action. EV big breakout in MONEY MANAGEMENT group…strong volume. BLK moves…
For the bulls, you would rather see a pullback here so markets put in some sort of handle…to make higher prices off of. For the bears…there are several hundred stocks that are now bouncing up into and towards resistance and/or moving averages…all to potentially short into. Since volume was light yesterday. Since we are not…
https://archives.warpradio.com/btr/InvestorsEdge/111918.mp3 JUST LETTING YOU KNOW I got a bunch of emails today asking, “How did the market go up 200 points today Gary?” And my answer is, “Because it went down 1100 points. That’s what happens. When you go down, you are always going to bounce at a given point. Really, here’s the only question….
Well…knew a bounce was coming…but as usual…but never expected…fireworks on the bounce. By rule, market remains in correction with volume light today. The biggest moves were some of the worst names like AAPL and GOOG. Trading going to lighten up but may just probe as I think this near-term low holds for now. There…
I just posted for you an article that my, yours, our Treasury Secretary is calling for a debt ceiling with no limits. I just posted for you that a famed Nobel Prize winning economist alluding to 90% tax rates will help out this country. Is it any wonder we are so screwed? Is it any wonder we are now…
…Yup…the protector of our treasury! (CNSNews.com) – Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity. On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he believes “we ought to just eliminate…
It’s medication time! This is the Nobel economist who also says we are ok if we double the deficits from here and we haven’t had enough government spending! Read this: The Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s,…
That was a crappy week but notwithstanding the Middle East really blowing up, we believe Friday’s action potentially puts in a near term low. But caution…in bearish phases, bounces will only last so long. They serve to work off oversold conditions and when they peter out, selling shows up quickly. So shorter term: For starters, it is a…
