[email_link] Ben Bernanke has launched a staunch defence of the US central bank’s aggressive monetary easing amid attacks on the policy from officials around the world. The head of the Federal Reserve rounded on critics of the policy, which has prompted accusations that he has sparked a global “currency war” that risks destabilising emerging market economies. The…
LEADERS LIST! AAPL– LIVING UNDER 50 DAY/10 WEEK…done for now…earnings soon. AMZN– BREAKS 50 DAY/10 WEEK…done for now…earnings soon. ALXN- Pulling into 50 day. BIIB- Just under 50 day…one more down day takes it off list. EQIX- Falls just under 50 day…almost off this list. EXPE- Just under 50 day…almost off list. EBAY- Gets…
[email_link] The private equity giants Blackstone Group andKohlberg Kravis Roberts are longtime rivals that compete for multibillion-dollar deals. But during the last decade’s buyout boom, according to newly released e-mails in a civil lawsuit accusing them of collusion, the two firms appeared to be on much cozier terms. In September 2006, for instance, Blackstone and K.K.R. were both circling the…
Futures back to flat after being up. WFC and JPM reported…WFC down $1.20…JPM was up but now down about 50 cents… There has been a bunch of short term chart breaks…where things were going smoothly and then a break over a few days. THERE IS NOTHING TO DO HERE EXCEPT WAIT. We…
Just taking the night off…not much to do. Oversold didn’t help market today. Only strength was in commods as china acting better. Will have full report over the weekend as leader;s list will be much shorter.
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/101118.mp3 JUST LETTING YOU KNOW The theme stays the same. The market’s under real pressure here, though it’s split tape. And interestingly enough, we’re always looking for changes. What I mean is areas that are completely ignored and then, all of a sudden, they bottom regardless of market conditions. And then they start to…
[email_link] “Fourteen green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of President Obama’s historic push to seed a U.S. renewable-energy industry with public money.” Continued SOURCE: http://www.washingtonpost.com
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[email_link] (CNSNews.com) — The government spent at least $205,075 in 2010 to “translocate” a single bush in San Francisco that stood in the path of a$1.045-billion highway-renovation project that was partially funded by the economic stimulus legislation President Barack Obama signed in 2009. Continued SOURCE: http://cnsnews.com
Last night, I told you market was short term oversold. Well…today’s open may cure it as futures up decently. But dont get all bullish. There has been some near term technical damage done. I do not think we have entered a bear…just that we have entered headwinds territory…and must watch to see if…
