Stop worrying about the election, the fiscal cliff or the state of the economy for that matter, advises John Bogle. Investors need to stay focused on the long haul, regardless of market conditions, Bogle says. Good business will survive, so focus on investing rather than speculating. “Get out of the casino, own corporate America and hold it forever.” [View news story]
Who is John Vogle ? R u investing your own money or public money ?
Spanish PM Rajoy denies to the country's regional presidents a story suggesting he will make a bailout request this weekend. Reports of seeking an immediate rescue seem curious given the country's bond yields are in a downtrend. Why destroy your political career if you don't have to? [View news story]
But market still up on the hope Spain will ask bailout someday. http://bit.ly/VaT4zl PREMARKET WATCH FOR OCT 2ND: Gainer: $CELG, $CTIC, Losers: $ARQL, $EXPR, $GEL,$SFL
Fed miss the chance of easing in June and now its too late. Even if easing happens, it takes 3-6 month to show any result. By that time Ben will be out of work if Romney wins. http://bit.ly/R8uGH7
It better be more than a quarter point cut on Thursday, writes Ambrose Evans-Pritchard of the ECB policy meeting after Mario Draghi "promised the moon." European markets are up 8% or more since Draghi's comments on Thursday. A failure to deliver on his pledge could be a disaster. [View news story]
Mario Draghi's Real Message: Some Euro Countries Will Collapse, And Soon [View article]
Europe is already busted, but stock market is not reflecting that its hoping somehow market will survive. Spain with 25% unemployment, cannot survive for long. http://bit.ly/MSvBhM
JPMorgan (JPM) will restate Q1 results, cutting net income by $459M, because of the CIO loss. (8-K) [View news story]
If it had been other company, C, WFC, GS and JPM all could have come running to downgrade the company and stock prices could have tumbled 20% but jpm rallied.
Is Keryx Biopharmaceuticals A Good Buy At $9+? [View article]
Apple Dumping Intel In The MacBook? Don't Believe This Bogus Rumor [View article]
http://bit.ly/zSDYcD
Stop worrying about the election, the fiscal cliff or the state of the economy for that matter, advises John Bogle. Investors need to stay focused on the long haul, regardless of market conditions, Bogle says. Good business will survive, so focus on investing rather than speculating. “Get out of the casino, own corporate America and hold it forever.” [View news story]
If you invest your own money then let us know
http://bit.ly/zSDYcD
Spanish PM Rajoy denies to the country's regional presidents a story suggesting he will make a bailout request this weekend. Reports of seeking an immediate rescue seem curious given the country's bond yields are in a downtrend. Why destroy your political career if you don't have to? [View news story]
U.S. stock futures show gains after Spain bailout hopes drive European stocks higher. S&P +0.5%, Dow +0.4%. [View news story]
The Apple iPhone 5: Specifications Do Not Matter [View article]
Why The Fed Will Ease In September [View article]
Essential Guide To Understanding And Forecasting The VIX And VXX [View article]
Stock Market Week Ahead: Hope And Reality Collide Once Again [View article]
Weighing The Week Ahead: Assessing The Market Evidence [View article]
What Did You Really Expect From The ECB? [View article]
It better be more than a quarter point cut on Thursday, writes Ambrose Evans-Pritchard of the ECB policy meeting after Mario Draghi "promised the moon." European markets are up 8% or more since Draghi's comments on Thursday. A failure to deliver on his pledge could be a disaster. [View news story]
Mario Draghi's Real Message: Some Euro Countries Will Collapse, And Soon [View article]
Friday The 13th Bad News Bulls [View article]
http://bit.ly/Ny2YCc
JPMorgan (JPM) will restate Q1 results, cutting net income by $459M, because of the CIO loss. (8-K) [View news story]
http://bit.ly/Ny2YCc