I will be waiting for the fed at 10 am and will see what the idiot says and if the market reacts. i would love if the market just ignores him. Crappy day but no biggie for leaders. But market seems to be turning to the defensive side here so we are on watch.
[email_link] NEW YORK (AP) — Facebook co-founder Dustin Moskovitz is shedding another 450,000 company shares for a take of about $8.7 million. Moskovitz has been selling 150,000 shares a day and disclosing the sales every three days. Including the most recent sale, he still holds more than 130 million shares. The latest filing, made late…
[email_link] Stop telling us we do not understand. We have calculators. We see the numbers. We have good memories of how a ton of the stimulus was to build roads and infrastructure…but all we keep hearing now is we have to raise taxes for roads and infrastructure. You can talk blue in the face but there…
[email_link] …but this one chart of past election years is nothing but uncanny up to now. Continued SOURCE: https://www.bespokeinvest.com
Good trade on the open in gold and silver so far…but it really doesn’t matter because tomorrow’s news will dictate policy. But I need to tell you that if there wasn’t a chance for more QE by Bernanke tomorrow and if we were not waiting on this guy, I would be telling you these things:…
With futures down, thought Gold would be down but nope. Use the open to sell your gold and silver. Profitable trade in both…especially the silver. Why am I selling in the service? I dont like tosses of the coin…and that’s what we have with Bernanke tomorrow. To be clear…if he announces another QE, I expect…
Aint doing nothing. Have to wait until Gentle Ben on Friday…but will probably tell you to sell the gold and silver in the morning. If the fed does nothing, gold will go down. If the fed prints more money, gold will keep going…meaning 50-50 bet…not for me. See you in the morning when I will…
[email_link] As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich. Deputy Prime Minster Nick Clegg, leader of the Liberal-Democrat Party, has proposed a one-time tax on…
Real quiet as market just waits for Friday. I cannot tell you how much it irrititates me that market has to wait on this…but we are just puppets. TFM gapping up a bit…so WFM up a little this morning. It stays on service as long as it holds 10 week/50 day.
Volume on the NYSE was like holiday trading as the market remains hostage to Mr Berschmucke on Friday. Everything on service continues to act admirably and not adding unless something really shows up. With light volume, tough to find anything. See you in the morning.
