I am just alerting you that markets are now rallying up into logical resistance areas. In my last couple of missives, I told you I thought we would see short term good news in the market as we had a follow through day and a good reaction to whatever Bernanke said. To my amazement, and…
Seattle Green Jobs Program Gets $20M, Creates 14 Posts | FoxNews.com
The man who wrote this op-ed back in 09 was just nominated by President Obama to become the next chairman of the Council of Economic Advisers. I feel much better. Can’t they find anyone who has at least run a lemonade stand? Too many academicians setting policy. They just love your money! A Future Consumption Tax to Fix…
State paid sex offenders as baby sitters – chicagotribune.com
To continue with my thoughts on Friday: For the near term: It is good news that the NASDAQ showed great relative strength versus all the major indices. As I have told you for years, the NASDAQ is the risk index. It leads up and it leads down. Let’s just hope this continues. Technically, I think…
I have read everyone’s opinion on the Bank of America fiasco. Many talked about what a good deal it was for Warren Buffett. No…it was a great deal for Buffett. Many talked about how BAC gave away the store. Many talked about their suspicions about the deal based on a meeting Buffett had with Obama. For me,…
Bachmann’s local bridge project could draw criticism from Republican rivals – TheHill.com
When I told you earlier that I thought there could be some near-term good news, little did I know. I simply saw the Nasdaq get a big bid while the Dow was still down 100. The Nasdaq’s strength has lifted all boats. I will have a bigger report over the weekend wrapping up another nauseating…
I shouldn’t say this because it is only 1020 am but NASDAQ showing supportive action…even when DOW was down 200, felt no selling in the NASDAQ…so with DOW down 100, this could be some near-term good news. I always want to see the NASDAQ lead and this morning, it definitively is. As far as Bernanke,…
Mortimer Zuckerman: Obama and the ‘Competency Crisis’ – WSJ.com
