More yapping by ecb this morning…today, it is Socialist Hollande of France saying the euro will be saved. This from a man who is raising taxes to 75% and lowering retirement age from 62 to 60 and telling Peugeot that cannot let go of anyone even though demand has slowed because of govt policy. …
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/073018.mp3 JUST LETTING YOU KNOW It was a quiet day in the market because they shut up. They stopped talking today. But unfortunately, you have the Fed meeting on Tuesday and Wednesday where they, with breathless anticipation, will announce their next move. I must tell you my thought process. If they do nothing, the…
Was the market even open today? Service is in HD and AMZN as of this second. I want service to own MLNX and EXPE…but MLNX is waaaay extended…EXPE just needs a handle or flag. I may just tell you to get a very small position in MLNX because it reminds me of RIMM in…
[email_link] In what can only be called a full court press in order to manipulate the markets, members of the ECB yapped it up…promising this, that and the other thing. Of course, this, that and the other thing…means the printing of money. Names like Draghi, Monti, Merkel and even the ultra-socialist Hollande all promised that…
S&P futures down a wee bit…NDX up a wee bit as AAPL helping. Going to watch AAPL closely…could be a gap down and hold…like RIMM did in 07 and GOOG as well. It’s where a leader gaps down…sits and then just turns back up. Doesn’t happen often but it has happened. A lot of…
First off…leader’s list: AMGN-I must admit…should have put in list a while back…but goes on now off reaction to numbers. Just need a place to enter. AAPL- Gaps down on numbers…but holding 50 day. Nothing to do. AMZN- Breaks out of weekly cup and handle pattern with volume. Added back to this list….
[email_link] President Obama has touted General Motors (GM) as a successful example of his administration’s policies. Yet GM’s recovery is built, at least in part, on the increasing use of subprime loans. The Obama administration in 2009 bailed out GM to the tune of $50 billion as it went into a managed bankruptcy. Near the end of 2010,…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/072718.mp3 JUST LETTING YOU KNOW Quite an interesting two days. Going into 3:00p Wednesday, the Dow was down 200. The Nasdaq was down big. And then a leak about how the Fed going to announce more printing of money, come this week when they meet. And it reversed the market about halfway. But the…
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The market remains all but impossible to play. Coming into yesterday, things breaking down badly. One word…a repeated word over past months by the ECB Pres and we gap up 200. Futures were blah this morning until, guess what, they said they would be buying Spain and Italian Bonds and now do something with Greece….
