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; …

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 …

In a Business Week article about John Bogle he discusses his campaign to lower management fees of funds.  The article goes on to example the effects of fees on performance.  “A dollar invested over 50 years at an 8% annual return compounds at $47.  But …

TheMarkets If this were not a shortened work week I would pronounce a very important day.   They sold them off at 2pm then rallied big time at three.  That the bulls came back with such relative ferocity was impressive.  Difficult to believe investors feel this …

The story of the fabulous, nah, that is not the word; the haunting, innocent beautiful cover of the Blind Faith album. Oh, it is my brother’s friggin 70th birthday.  Holy crap. “Blind Faith Website”

Blogger Burnout

Bloggers have a short life.  Not in terms of years on Earth, but how long they continue to blog.  The novice gets pretty excited to communicate her/his thoughts, knowledge and nonsense.  Initially  the blogger leaves the computer on all night, just in case there is …

As GM goes so goes…………

The Markets Optimism is being smashed this morning as futures portray a 2% decline.  Early morning futures were much worse than currently. The rally has given us a 21% gain and that is being be tested. Banks and autos being crushed as Geithner and Obama …

Noon Look

Dow off 110, about 1 12%.  But there is some green here and there and some are still banking on window dressing this afternoon.  Financial stocks are the greenies and that is viewed positively.  Them that got us here mentality. Speaking of banks, gosh, this …