[email_link] Leading CEOs are pressuring Washington policymakers to set aside their entrenched positions and strike a deal to resolve the “fiscal cliff” and cut the deficit. The chief executives from dozens of the nation’s largest corporations are joining forces to try and break through the stalemate on spending and taxes that has bedeviled fiscal talks…
[email_link] Patrick Moran, the son of Virginia Rep. Jim Moran (D-Va.) and the field director for his father’s reelection bid, resigned abruptly Wednesday after a video linked him to voter fraud. The video — released earlier in the day by Project Veritas, a conservative organization headed by the Republican activist James O’Keefe — revealed that…
[email_link] Less than a year after being dismissed from Current TV, Keith Olbermann has his eye on getting another on-air gig, according to a report from Forbes. He’s reportedly considering cable and broadcast alike. Continued SOURCE: http://www.mediaite.com
[email_link] Give ’em an inch, and they’ll take a mile. That appears to be the case in Chicago, where for decades the Transit Authority has been misreporting the mileage for its bus routes, thereby boosting the amount of federal taxpayer subsidies by as much as $150 million — and now, it seems, with Uncle Sam’s…
[email_link] Q: Great. Mr. President, we know that John Boehner and the House Republicans have not been easy to work with, and certainly you’ve had some obstacles in the Senate, even though it’s been controlled by the Democrats. At the time, whenever — we talked a lot about, in 2008, hope and change. I’m curious about…
An open today to screw the shorts. I play this market by the book right now. If the market stays up today…it would be day 1 of an attempted rally and would look for a follow through day starting Tuesday. Otherwise, best to play lightly. A few hundred earnings reports coming out today with…
During these times, I try not to confuse the issue and write too much. The bottom line is that the market is in a good corrective phase with a lot of blow-ups during earnings season…which in the past, has never been a good sign. So we sit back…keep our wits about us and relax…while most…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/102218.mp3 JUST LETTING YOU KNOW The Market Continues to Act Quite Poorly To recap, the Nasdaq broke the 10-week/50-day moving average. Dow and S&P which held up better, pulled back in to the 50-day moving average. We got a rally. But the Nasdaq only rallied up into it and failed. The Dow and S&P…
First off: AMGN,FB,GILD,PNRA,SLAB,LL,REGN,SAP are gapping up. There are a few other mini-gaps. NFLX,NSC,BWLD,LO,TPX,KMT,IRBT and a few others are gapping down. Market gapping up a wee bit as foreign markets continue to have better r/s. At this point, I play it by the book…we wait for a follow through day…and that cannot happen…
The only thing to say is things are near term oversold…and due to bounce…but doubt the bounce goes anywhere. Fortunately, KORS not budging…and maybe it gets out on a decent up day. Besides that…sit, relax, do nothing…and keep the pressure off.
