More central bank nonsense!

We waited to write this because we knew Draghi was going to yap this morning. He did not let anyone down as he now telegraphs that a measly trillion/year aint enough and that they will look to be printing more. Of course, the knee jerk reaction is for markets to bid up.

Coming into this morning, while everyone is talking about Valeant Pharm (VRX), we are paying some attention to what happened and what is happening with GS and a few other financial names. Go take a look.

We are also big fans of the semis but now they are skewed as there seems to be another buyout or another rumor of a buyout every day. This is always a help to an industry’s stock price.

Lots more earnings coming out. We make note of TXN as earnings were flat, sales were down but they beat the number as guidance came down throughout the quarter. Lots of that going on right now.

We believe both Amazon and Google report today.

Mets…Mets…Mets!