China is slowing and Jamie Dimon does not have control of “his bank.” We are always suspicious of the China numbers. This morning, it seems we can believe the China numbers more than JP Morgan. First Q was effected and … Continue reading
I could hardly believe my ears! Politico just reported on CNBC, that Romney wants USA to go over the “economic cliff”. Would rather have Depression and Crisis than to co-operate with Democrats or Obama, according to Manuu Raju, Politico,Political Congressional … Continue reading
Kass’ gives some data for market so far: Very bad breadth today! S&P 500 — 25 advancers vs. 473 decliners NYSE — 140 advancers vs. 1,675 decliners Nasdaq — 291 advancers vs. 1,682 decliners Russell 2000 — 171 advancers vs. … Continue reading
Down today more than the Market plus I sold a ton! and bought GIS@$38.68…sold out of BA and EBAY plus 5 shares of ESV from Yahoo/finance S&P 5001,341.46997-10.99-0.81% Nasdaq2,902.33-29.44-1.00% Dow12,653.12-83.17-0.65% Shame on CNBC! CNBC lists Texas best except quality of … Continue reading
Kass updated his market analysis–good clear read: I have recently downgraded my previously more optimistic expectations for the U.S. stock market, reflecting the confluence of the following four factors, which form a potentially toxic market cocktail.http://realmoneypro.thestreet.com/dougs-daily-diary?published%5Bvalue%5D%5Bdate%5D=2012-07-10#more-fast-times–20120710 Cramer on CNBC … Continue reading
Kass’ article, this morning at promoney on thestreet.com, is an easy read and warning about stock prices based on momentum of price or based on expected profits to stock price. Although it is an easy read, it is not an … Continue reading
Independence Day gives us a break midweek; some have added this past M and T to last wkend and The 4th; others will take the later half of the week; and still others will combine the 2 wkends plus The … Continue reading