I will be gone rest of the day for Jewish holiday! Futures down a wee bit…aapl up as they are selling a lot of phones. $40 BILLION/MONTH goes a long way. The fed is basically insuring a put on the market…notwithstanding pullbacks…I think. We will let market decide no matter what. I…
First leaders and then notes: AMGN-Actually taking off this list. Look at Friday’s action. AAPL- A little higher after big iphone 5 introduction. AMZN- Continues to move higher on product announcements. ALXN- Edging into new highs on no volume. BIIB- Breaks out of flat base with some volume…and now trying to extend it. CRUS-Very…
[email_link] …saying cutting government spending will not hurt the economy…blah blah blah…they want more spending…just an idiotic excuse. They quote the IMF…blah blah blah…they are all insane. Read and watch the following: Fox contributor Gary Kaltbaum today said that it’s “insane people” who believe that “if you cut spending, it’s gonna hurt the economy.” In…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/091418.mp3 JUST LETTING YOU KNOW I was in my office today and there was a special news report where they cut to them bringing back the four people who were murdered in Libya. And now we are watching – I don’t even know how to describe what we are seeing – people running into…
Things have settled down a bit…but it is early. This latest move has been fed-injected…led by a huge dollar drop leading to a big rally in commods of all types with the financials joining in as the fed gave them a freebie until 2015. A lot of things starting to pull in…and…
Things have settled down a bit…but it is early. This latest move has been fed-injected…led by a huge dollar drop leading to a big rally in commods of all types with the financials joining in as the fed gave them a freebie until 2015. A lot of things starting to pull in…and…
Sorry for the lateness… I don’t know if I want more entry here,. Stocks the service owns are up nicely as well as any market proxy you bought on breakout day. Futures are up…commodity areas are up…but gold and silver are extended and sitting this morning. I gave you a list last night…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/091318.mp3 JUST LETTING YOU KNOW Before you start hearing me whine and complain, you should know that I own housing stocks, financial stocks, banking stocks, Gold and Silver – all of which will be benefactors of the largesse of Ben Bernanke. Why? If interest rates stay low, it helps housing. The margins for the…
Bernanke showed his stripes…he is a political hack…just wanting to keep his job…so just bubble up assets. We know it was political because he could have waited until after the election…just 58 days away. We are not in depression…not in recession…no bank failures…no financial collapse. The man sucks. Simple as that. He sucks…but as…
[email_link] I will have a report on this maniacal Fed move later tonight but leave no doubt why this move was made. Look at the table below and you will see what markets have done since the announce of QE 1. Mr. Bubble knows he cannot affect the economy so let’s do something different…affect markets. But…
