CHART OF THE DAY
[email_link] CISCO into the abyss. Laying people off and heading towards yearly and multi-year lows.
[email_link] CISCO into the abyss. Laying people off and heading towards yearly and multi-year lows.
[email_link] Continued SOURCE: http://droughtmonitor.unl.edu
Stay on your toes. I know the tape is a mess…but it will come out of it. AAPL reports after close…which may or may not move things. I do want to let you know I was at a wedding this weekend. Three people I did not know at my table started talking about AAPL stock….
I wish I had some words tonight but dont. The tape is a mess…but I dont trust either side. For sure, more and more names toast…but overall, market just rangebound. We head into eand of month now where I suspect the crooks do their thing. But also, tomorrow is AAPL which will be a market…
[email_link] No soup kitchen for this beggar. Shane Warren Speegle told Oklahoma City police he made $60,000 panhandling last year. “Why would I go get a job?” he said to an officer who approached him earlier this month, according to KOCO.com. Speegle, 45, carried a 4-foot-by-4-foot sign requesting money for travel and food at an Oklahoma City intersection,…
[email_link] Who are they trying to kid? Thinking about it? Of course they are going to print more money…because they are insane. The recent slowdown in US economic growth is forcing the Federal Reserve to consider something for which it has always set the bar very high: a third round of quantitative easing. A decision on…
The crooks are already out on wall street. Whenever there is a big down day, someone floats something about the fed and more QE. Today, it is unnamed sources in the financial times talking more fed QE is imminent. These people are lucky I do not run the SEC. As far as today, when…
[email_link] We have been asked several hundred times in recent weeks why we weren’t more bullish. Methinks we are starting to see the reason why. Here have been and are our thoughts. While markets have drifted up in recent weeks, a few things stuck out like three sore thumbs that told us we needed to kick…
I hate gaps. Market down about 1.5-2% this morning as Europe down 2.5-3%. Asia wacked also. I thought a trading top was put in Friday but this could be more. I cannot play a big gap down…and will sit. Very important you recognize that many growth names topping with some with major tops. On top…
A few changes on my leader’s list. First off, I have mentioned to you that names like ISRG and CMG look like late stage stuff. Well…they are now major late stage failures. We do not want to see more. Leaders right now are either sitting or failing…giving us nothing to do. This latest move up…