Just got into Atlanta airport…holy s–t Batman. This does not look like a pullback from the 50 day. It looks like a failure. Keep positions small…but for now: CRUS is a failed move…especially looking at the SOX…WOULD NOT HOLD. DLTR is back near the buy…will give it one more day. Use 50 day on AAPL….
[email_link] (CNSNews.com) – The Obama administration distributed $9 billion in economic “stimulus” funds to solar and wind projects in 2009-11 that created, as the end result, 910 “direct” jobs — annual operation and maintenance positions — meaning that it cost about $9.8 million to establish each of those long-term jobs. Continued SOURCE: http://cnsnews.com
RHT,BBBY,CELG gapping down. BBBY gapping below support and moving avgs meaning it comes off my potential buy list. Would have not bought it anyhow as earnings were approaching. I typically have no interest in something right before earnings. Use the 50 day as a stop on AAPL…just below 575ish. DLTR,CRUS,EBAY look fine…except DLTR got a…
RHT,BBBY,CELG gapping down. BBBY gapping below support and moving avgs meaning it comes off my potential buy list. Would have not bought it anyhow as earnings were approaching. I typically have no interest in something right before earnings. Use the 50 day as a stop on AAPL…just below 575ish. DLTR,CRUS,EBAY look fine…except DLTR got a…
I dont know what you call today but think market is short term very overbought so thinking possibly maybe could be a pullback in order. Doing nada here. Will have premarket report…but no report tomorrow night as I will be traveling. BBBY comes off potential leaders list…gapping down $9 in aftermarket. Watching ULTA here as…
[email_link] The Obama administration spent $10 billion to create 355 renewable energy jobs per year, according to testimony offered Tuesday before Congress by a Congressional Research Services expert. Asked by Rep. Cory Gardner (R., Colo.) “how many jobs were created” in 2009 and 2010 under the 1603 renewable energy grant program authorized by the Obama administration, a…
[email_link] Whenever the Fed does their thing, we feel it necessary to remind you of our thoughts: The Fed said this, that and the other thing today. Blah blah blah…buy more this, buy more that. Blah blah blah…economy slowing down. In seconds, markets tanked and within minutes, markets righted themselves as markets love more printing…
“OUR REMINDER OF THE FED INSANITY” By Gary Kaltbaum-June 20,2012 Whenever the Fed does their thing, we feel it necessary to remind you of our thoughts: The Fed said this, that and the other thing today. Blah blah blah…buy more this, buy more that. Blah blah blah…economy slowing down. In seconds, markets tanked and within…
[email_link] This is Jeremey Grantham in 2010. He echoes everything I believe…that there will be another ultimate outcome of flawed and idiotic policy by one person who has more power than anyone in this world…the power to print trillions of dollars with no oversight. Continued SOURCE: http://www.businessinsider.com
Really no reason to do anything this morning. The problem is that at 1230, the market will tank if the fed does not announce another round of printing of money. I say this because this market started going at 305 pm when it was announced central banks would be doing their thing…a direct correlation with…
