[email_link] In an interview with Black Enterprise magazine, President Barack Obama blames state and local governments, as well as Congress, for over 14 percent black unemployment. “Black unemployment still stands at nearly 14%. How do you communicate that the economy is headed in the right direction?,” the editor in chief of Black Enterprise asks Obama. “Most economists will…
Last night I told you that market may pull in here as we saw some churning signs yesterday…but that pales in comparison to this morning. First off, we pay attention to the market…not the other crap we have to deal with on a daily basis…but all that crap is out there to be seen. …
[email_link] Picking winners and losers based on who supports you and who doesn’t! Emails obtained by The Daily Caller show that the U.S. Treasury Department, led by Timothy Geithner, was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company. The move, made in 2009 while the…
Something happened on July 26. That’s the day the ECB went all in with the promise of printing of trillions of Euros over time. This changed the trajectory of foreign markets…which were lagging unbelievably badly. Europe and Asia now have a bid they have not had in a long time. I do not know how…
This recent move up has been mainly commodity driven off the lows…with not a lot going on in growth-stock land. In fact, most growth leaders just sitting…with a couple exceptions that popped on earnings and got quickly extended. Speaking of extended, market may be near term extended and it sold off kinda easily at the…
[email_link] Would have received a ton more money! This needs to be investigated. Read this: MACOMB COUNTY, MICH. – A Michigan millionaire decided to go into the real estate business with a bang last week by buying every tax foreclosed property offered at a recent county auction. MyFoxDetroit.com reports Bill McMachen, a businessman and former yacht…
[email_link] Senate Republicans recently blocked cybersecurity legislation, but the issue might not be dead after all. The White House hasn’t ruled out issuing an executive order to strengthen the nation’s defenses against cyber attacks if Congress refuses to act. “In the wake of Congressional inaction and Republican stall tactics, unfortunately, we will continue to be…
Hopefully, the chart shows up in this email. I like looking at the past…as you know. And uncannily, this market is tracing out many election years. Now…we only adhere to what the market shows us but I thought this was a good one to show. If form follows, we get more upside into August…a good…
First leader’s list: AMGN-Too extended and no place to consider here. AAPL- Trying…maybe a $620 pivot but no volume on this move up. AMZN- Putting in a handle inside a bigger handle. ALXN- Should have probed Thursday…into pullback. Up on rumors Friday. BIIB- Still ascending…no place to enter. EQIX- Another could have bought Thursday…
