Having trouble with computer.
Columbine
Is it possible, just possible that our founding fathers got the second ammendment all wrong? We were really, really meant to bear arms?
Important Week
The Markets We have had the best market move since 1938. To sustain it we will need earnings guidance better than expectations. Currently, the first quarter reported earnings are a throw-away. Everyone knows the last three months have been terrible for business. So, this week’s …
The Markets It was a better day than the Dow averages would have you believe. The S&P was up 1/2%, volume was good, advance/decliners positive, new highs better than new lows and until the last fifteen minutes the trend had been up. Another consolidation day …
Late night
Asia is up pretty big. In US, Google and JP Morgan had pretty, pretty good reports. There is some serious talk about a bull market in the making. Still holding my breath as I add to positions as well as head into the dreaded financials; …
Golf Day!
Supersize that for you?
The Markets Ugh, drip, drip, drip. Watching today’s market was like water torture. Until the last half hour it was snoozeville. When Burger King reported fewer customer visits the consumer sector collapsed, led by McDonald’s, down 3% at one time. But the last half hour …
Questions
It is becoming more and more difficult to ignore the obvious. In mid-March there were glimmers of hope for the world’s economies. That was translated into higher share prices and consumer confidence. Things just started feeling better. And, while better reported numbers may have been …
Junk
I was early and wrong about junk bonds last fall. I got caught-up in the November rally. Since the March 9th lows junk bonds have done well and I have missed that market. Tired of being 0 for 2, I am looking at it again. …
The Markets Goldman news continues to proliferate. One blogger wondered why, if GS didn’t want the TARP money why is it borrowing (through the stock offering) to pay it back. Bernanke painting the tape with relatively good news. Pointing futures greener. Speech by Chairman Bernanke …