Today’s action on good numbers shows me that the bears who have been emboldened are trying to push down the market. The VIX went up again, and the actors are saying that they are waiting for the market to get lower to buy more stock. Well, maybe they will maybe they wont. I personally believe (more…)
I watched Cramer on Friday and I listened to his talk, “One Year Later”, and I have to completely agree with him. But yet we have gone up and down, and on CBC comments like the following are written. There is no recovery. the crash is imminent. stock up on supplies and food. the end (more…)
I have had a very rough time with GPS navigation devices. When TomTom dropped by 28% even though they had good earnings I wondered what happened. I checked in my email box and saw the problem was that Google is giving away its GPS turn by turn application. Really? Interesting especially considering that Google has (more…)
I had an interesting conversation with a good friend yesterday. He said the following to me: “You know Christian how they cut people off at the legs last year with no warning, well we are so busy right now we don’t know what to do with all the work.” He then continued and tried to (more…)
Today and yesterday on CNBC I keep hearing about how managed healthcare and price controls on drugs are going to spell the end of research today. It is a very very tiring argument. My sister about fifteen years ago dated a PHD student that was a cancer researcher and he told me an interesting thing. (more…)
Disclosure: I am long Intel, sold my position in AMD for a profit about a week ago Fast Money was saying, “oh look at that high volume on Intel and look it failed.” According to them this is bad news. I hate when people make these calls based on what they “think”. I will admit (more…)
Don’t get me wrong, I like Obama. But to get a peace prize? For what? As the Washington post said, What about Clinton? He actually did something. Again I like Obama, but many people on this side of the pond were saying to me, “Really for what?” Maybe expectations? "And (the) Nobel Committee, I can’t (more…)
Don’t get me wrong, I like Obama. But to get a peace prize? For what? As the Washington post said, What about Clinton? He actually did something. Again I like Obama, but many people on this side of the pond were saying to me, “Really for what?” Maybe expectations? "And (the) Nobel Committee, I can’t (more…)
Disclosure: I have no position in NVDA, but did liquidate my position about a week ago before I heard of the following news. I was reading OSNEWS and saw the following headlines: NVDIDIA Ceases all Chipset Development, Blames Intel The future of integrated graphics processors lies somewhere on the dies of future processors, that much (more…)
Disclosure: Long AA, sold my FCX position for an excellent profit 71– 22 = 49 per share profit. So why do I think Guy got it wrong on his FCX call, and AA short? Guy’s point is earning power and fundamentals. Ok Guy let’s look at the two companies shall we. AA average EPS 1.70, (more…)
