[email_link] Perhaps you thought the Solyndra scandal amounted to a $535 million government loan that will never be repaid. No such luck. In the latest twist, Solyndra’s investors could be rewarded for their failure, thanks to a tax benefit the Administration handed out in a bid to evade political accountability. The Internal Revenue Service exposed this double…
First, the leader’s list with a few more names coming off and a couple more on the bubble. ALXN- May be starting to break. Earnings next week. Just about off list. BIIB– Breaks 50 on volume. Off list. EQIX– Falls further under 50 day…now off list. EXPE– Breaks badly…off list. EBAY- Good reaction to…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/101918.mp3 JUST LETTING YOU KNOW In past week I told you specifically that I went low beta. And specifically, what does that mean? It’s getting away from the more volatile…growth names in the market. Why? They weren’t working. And lower beta was. I recently told you that the Nasdaq was really starting to underperform…
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There was a reason I have hardly put out anything recently. Growthland has been bare…with many names rolling over…and some names downright blowing up. On top of that, just take a look at the NASDAQ. The nasdaq leads up and down. I am a big believer in that. Well…the nasdaq once again leads…and…
[email_link] It is no secret that President Obama’s and green-energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner attention as they happen, but they ignore past failures in order to make it seem like…
Futures down decently. Insurance acting well…some financials acting well, commods coming off bottoms, foreign markets have a relative bid…BUT THE NASDAQ looking suspicious with a lot of suspect action in growth names. So we continue to sit. Reaction to earnings have not been that great with a few more blow-ups today. A ton more…
The short version. The nasdaq starting to look sickly. The nasdaq is the leading index most of the time. Good bases to buy off of are just not there. More leaders coming under distribution…not just GOOG. There remains good action in low beta, value-oriented, industrial types…it’s just not growth. Growth usually…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/101818.mp3 JUST LETTING YOU KNOW Google was supposed to report earnings at 4:30p ET today. And as I was watching my screens and doing whatever I do, I watched Google go from down a buck, to down 18 in seconds. And I did not know what was going on. I then went to a…
