Bernanke showed his stripes…he is a political hack…just wanting to keep his job…so just bubble up assets. We know it was political because he could have waited until after the election…just 58 days away. We are not in depression…not in recession…no bank failures…no financial collapse. The man sucks. Simple as that. He sucks…but as…
[email_link] I will have a report on this maniacal Fed move later tonight but leave no doubt why this move was made. Look at the table below and you will see what markets have done since the announce of QE 1. Mr. Bubble knows he cannot affect the economy so let’s do something different…affect markets. But…
Futures flat as we await the fed today. AAPL up $6 off of IPHONE 5…just back in range. EQIX up $24 this morning. This has been on my “leader’s list” but havent played…and I must tell you, if I did play…probably would have sold into the severe distribution past two days. They announced…
Tomorrow we get the fed interference. They have telegraphed more printing of money…so they had better come through as markets are expecting it. I am waiting for ULTA to put in a handle…big gap to upside. I am waiting for LNKD to complete this potential handle. For the first time, considering oils…
[email_link] Morning Joe” host Mike Barnicle asked Joe Klein if Ayatollah Ali Khamenei or Israeli Prime Minister Benjamin Netanyahu is more dangerous Wednesday morning. MIKE BARNICLE: Who is the more dangerous player on the world stage right now, the supreme leader in Tehran or Bibi netanyahu? (UNCLEAR): Don’t answer that. JOE KLEIN: It’s not netanyahu. the…
[email_link] An ex-banker and convicted tax cheat who told the IRS how his employer, UBS, helped thousands of wealthy clients duck U.S. taxes has just been awarded $104 million by the U.S. government, a sum his lawyers say is the largest payout ever for a whistleblower. Bradley Birkenfeld, who was released from federal prison six…
I hate when you catch a good breakout…starts working and then dies… namely REGN…volume light but refuse to give more gains back so would sell here…
Slow morning for stock news but futures are up…why? Bah blah blah a German court backed gthe several drillions in money printing…and so far, markets love it. I must warn you though…IF THE FED DOES NOTHING TOMORROW…EXPECT A SELLOFF AS THE FED HAS TELEGRAPHED MORE MONEY PRINTING. I will personally walk into Bernanke’s office…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/091118.mp3 JUST LETTING YOU KNOW Today is September 11th and I am simply amazed that it has been 11 years since that day. I remember exactly where I was and exactly what I was doing at the time. (Editors note: On his show Gary then had a moment of silence to honor and remember…
No additions tonight. Not thrilled with the near term underperformance in the nasdaq…but maybe that is just AAPL. Seems money flows continue into commodities and financials here…but really no leadership…just a lot of crap off lows. I did want to just mention CAM,COG,HFC,RRC in the OILS…that have potential if the oils can go bull…
