Futures up as there was an announcement that they were going to be nicer to Spain with their loans or something like that. Hedge fund manager David Einhorn on CNBC touts AAPL…like it needs touting…so up another $3 on open. AAPL in 5th stage base…but rounding a nice cup going into next week’s earnings….
Fortunately, AAPL keeps on…but V almost reversed. Not a great sell. I really have nothing to add after sending you leader’s list. There is just not much here to do….AND several thousand names report soon. There is no way market goes higher without semis/tech…and right now, that aint happening. Wish I could give you more…
[email_link] The title should be “Obama calls for raising taxes on anyone making over $250,000/year to pay for the things he already spent money on.” Read this: Washington (CNN) — President Barack Obama revitalized his push for holding down middle class tax rates Monday, calling on Congress to pass a one-year extension of the Bush-era tax…
[email_link] SOURCE: Six Billion Dollar Bet | FRONTLINE | PBS
[email_link] A new report says wealthy Maryland residents may be moving out due to recent tax hikes – a finding that is sure to escalate the battle over taxing the American rich. The study, by the anti-tax group Change Maryland, says that a net 31,000 residents left the state between 2007 and 2010, the tenure…
[email_link] Two-thirds of likely voters say President Obama has kept his 2008 campaign promise to change America — but it’s changed for the worse, according to a sizable majority. A new poll for The Hill found 56 percent of likely voters believe Obama’s first term has transformed the nation in a negative way, compared to…
AAPL- Leading again…rounding a cup pattern…but 5th stage base. AMZN- Riding up 50 day…a little slow and crappy earnings. ALXN- Pullback mode after breaking out. BIIB- Again strong…nowhere to buy…blah numbers. CRUS- Pulling into 50 day…needs to hold it. SEMIS very weak group. CERN- Now trading a little wide and loose…had better hold the 50…
V is a failed breakout…and especially looking at MA…sell V. Fortunately, AAPL continues to work well.
Futures down a wee bit. AAPL stop is if it breaks below $600….keeping decent gain. V and MA downgraded to a SELL by an analyst. Never thought they had sells. V down over 42. Will let you know as it opens below pivot making it a potential failed breakout. In this environment, we will…
Back in the USA. I get to drive in traffic tomorrow instead of cruising the Mediteranean…whahhhh! IF the market is going to have a much better move from here, than why did the clouds crumble on Friday? Why did the semis croak? Why did software and a lot of tech get smoked? Just questions…
