SOME RELIEF

SOME RELIEF

After another nauseating high volume sell-off, the market is getting some relief. As I write this, the Dow is up 80 and the Nasdaq up over 30. It did not start too well as futures were way down. The market is in the midst of testing the recent lows of last week. I just urge…

Here’s What I Said About Warren Buffett On Fox Business Network Tues. 8/17/2011

Here’s What I Said About Warren Buffett On Fox Business Network Tues. 8/17/2011

Hi: I was Fox Business Network with Neil Cavuto, on Tuesday 8/16 discussing my comments on Warren Buffett. Click here to my original article that generated all the buzz. Here’s the video: httpv://www.youtube.com/watch?v=2PUuqRm7TV4 Here’s the link to Fox if you have trouble viewing the video on my site: https://video.foxbusiness.com/v/1113277542001/if-us-were-a-company-would buffett-invest/?playlist_id=87185 Gary I will be on Fox…

“WARREN WOULD NEVER INVEST IN THIS COMPANY” and “”WHY IS EVERYONE SO BULLISH?”

“WARREN WOULD NEVER INVEST IN THIS COMPANY” and “”WHY IS EVERYONE SO BULLISH?”

Imagine Warren Buffett getting a call from a company who asked Warren to invest $2 billion in that company. This company then went on to tell Warren that the $2 billion had already been spent and that they could not account for how well that $2 billion was spent. Therefore, that $2 billion would be…

THANK YOU S&P

THANK YOU S&P

A few thoughts and then the markets. Thank you S&P. I gather that surprises many of you as I have railed against the rating’s services for years. That hasn’t changed. There should have been criminal indictments against these companies for what they did with mortgage securities but right now, they did us a big favor….

THE TREES

THE TREES

Futures just popped on a “supposed” better-than-expected job’s report…but have backed off markedly. Europe has bounced nicely off this morning’s lows also. Just keep in mind that a bounce/rally will occur at any time because the DOW just dropped almost 1400 points in 10 trading days. It would be normal to bounce up a few…