We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. I didn’t hear America complaining when the market was roaring to 14,000 and everyone’s 401k doubled every 3 years. Just…
If I wrote a weekend report, I would have told you major indices broke out of a trading range on heavy volume. I would have told you pullbacks would be controlled and rotational. I would have told you to look at any pullbacks to buy into as a lot of areas turned the corner and were…
I grew up as an only child, with a single mother. Because we were poor and because I knew my father had emigrated from Syria, I imagined he looked like Omar Sharif. I hoped he would be rich and kind and would come into our lives (and our not yet furnished apartment) and help us….
THE COMPANY HAS NEVER HAD MEANINGFUL REVENUES…HAS ALWAYS LOST MONEY. THE STOCK HAS GONE FROM $53.50 IN 2005 TO A BIG FAT NOTHING TODAY…AND THEY STILL RECEIVED A $43 MILLION LOAN GUARANTEE FROM THE DEPARTMENT OF ENERGY! WHAT THE HELL IS GOING ON HERE? (Reuters) — Beacon Power Corp filed for bankruptcy on Sunday, just a…
JetBlue Flight Pilot Pleaded for Help During Tarmac Ordeal – ABC News
Back in late September, I was on a Fox Business show and was asked what I thought it would take to get the market bullish again. Tongue in cheek, I stated that maybe we wake up one day and the Fed announces a few trillion to just buy up the whole S&P. Well…not so sure…
On October 4th, the markets were heading into new low ground as the call for a bear market pervaded the air. At 3:15, the market reversed and had a monstrous move into the close. This was a washout day…in where the last of the sellers give up. This action had me writing the following paragraph…
K Street money flowing into deficit panel – TheHill.com
Car Company Gets U.S. Loan, Builds Cars In Finland – ABC News
The Austerity Myth: Federal Spending Up 5% This Year – Investors.com
