CNBC did an entire 3 hour expose on Buffett and I.O.U.USA. Well I don't agree with everything. Two of his points that stuck with me are as follows: - When the tide goes out you will see who is swimming naked, and it seems Wallstreet was a nudist beach. - If you apply for a mortgage using the old...

Oil is up over 5 dollars, and why is that? It's Russia! It's Fay and its potential to hit something! Oh it's the rebels in Nigeria that are being rebellious! WHATEVER!!! Want to know why oil is up? It's because Goldman said the following: > LONDON, Aug 20 (Reuters) - Goldman Sachs (GS.N: Quote,...

I have two points in this blog entry; analysts that annoy me, and fund managers have capitulated. First on the topic on analysts. Merrill Lynch today said Fiat will have problems. Based on what? > Merrill Lynch downgraded Turin, Italy-based Fiat to ``buy'' rating earlier this year, according to the...

Today CNBC America put Rick Santelli, Steve Liesman, and a few other floor commentators into the prime seat of Squawk Box... All I can say is wow! Cool! Now CNBC America has real intelligent discussion on Squawkbox.... Yeah I am one of those people who was sad to see Mark Haines leave Squawkbox....

It looks like CNBC America is playing with their cast of hosts and giving fresh blood some air time! Good for you CNBC America! Good for you for trying! You make me want to watch CNBC America again!

In a blog posting Jason asks what he is missing regarding Garmin. My answer is that he is missing nothing! This is one those stocks where I was burnt because I jumped in too earlier (still long and will wait this storm out). BUT my basic premise of GPS which I have commented on many times stays. So...

At $35, Google Finance puts the Garmin PE at ~8.5. That's just too low for a company with 25% annual growth. I made some money riding this stock from about $45 to $80. I kicked myself for not holding it to $120. I bought some up there and was quickly stopped out for a small loss. And now I'm glad I...

Ah yes, when Apple does something sinister its ok because Apple wants to "control" the experience, and well Apple is the "good guy". > Apple CEO Steve Jobs has confirmed that the iPhone 3G has a kill switch that can remotely remove software from the devices. > > Jobs told The Wall Street Journal...

Folks, my prediction on the S&P went beyond my wildest dreams, and basically was spot on. Though the question is was I lucky or not? One last time let's look at the prediction. | | | --- | | | Let's look at where the S&P went: | | | --- | | actualpath | The prediction was made just before March,...

Everybody wants a panic sale, they want a capitulation. Well folks I am willing to wager that it will not happen. And I think darkpools have something to do with this. Consider the following and the original. > Dark pools are on a hot streak. They're tearing through volume records and turning into...