[email_link] In what can only be called a full court press in order to manipulate the markets, members of the ECB yapped it up…promising this, that and the other thing. Of course, this, that and the other thing…means the printing of money. Names like Draghi, Monti, Merkel and even the ultra-socialist Hollande all promised that…
S&P futures down a wee bit…NDX up a wee bit as AAPL helping. Going to watch AAPL closely…could be a gap down and hold…like RIMM did in 07 and GOOG as well. It’s where a leader gaps down…sits and then just turns back up. Doesn’t happen often but it has happened. A lot of…
First off…leader’s list: AMGN-I must admit…should have put in list a while back…but goes on now off reaction to numbers. Just need a place to enter. AAPL- Gaps down on numbers…but holding 50 day. Nothing to do. AMZN- Breaks out of weekly cup and handle pattern with volume. Added back to this list….
[email_link] President Obama has touted General Motors (GM) as a successful example of his administration’s policies. Yet GM’s recovery is built, at least in part, on the increasing use of subprime loans. The Obama administration in 2009 bailed out GM to the tune of $50 billion as it went into a managed bankruptcy. Near the end of 2010,…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/072718.mp3 JUST LETTING YOU KNOW Quite an interesting two days. Going into 3:00p Wednesday, the Dow was down 200. The Nasdaq was down big. And then a leak about how the Fed going to announce more printing of money, come this week when they meet. And it reversed the market about halfway. But the…
[email_link]
The market remains all but impossible to play. Coming into yesterday, things breaking down badly. One word…a repeated word over past months by the ECB Pres and we gap up 200. Futures were blah this morning until, guess what, they said they would be buying Spain and Italian Bonds and now do something with Greece….
I am getting a lot of emails about IBD going MARKET IN UPTREND just two days after going MARKET IN CORRECTION. The fact is the nasdaq and s&p never undercut….but the fact also is today was another forced day into month end on bs news. The only thing that matters to me is whether there…
[email_link] President Obama’s health care law raises taxes by $1 trillion, according to a new report from the Congressional Budget Office. The individual mandate — which the CBO calls a “penalty tax,” in apparent deference to Chief Justice John Roberts — will produce $55 billion in “penalty payments by uninsured individuals,” the CBO told House…
[email_link] BRIAN WILLIAMS ACTUALLY ASKED THIS QUESTION OF ROMNEY! WATCH! GLAD ROMNEY STUCK IT RIGHT BACK IN HIS FACE! Visit NBCNews.com for breaking news, world news, and news about the economy
