Stimulus Plan Includes Tax Breaks: Stocks That Will Benefit [View article]
The Obama stimulation law should be called PORK ie. "Positive, Optimistic, Renewed Kleptomania" in honor of all of the wheedling, begging constituents who will get their special interest palms greased by this law.
Wall Street Breakfast: Must-Know News [View article]
The Japanese yen was created by the trillions and trillions during the last ten years with a reported 40% of the debt issued by their federal government monetized. And yet the yen, today, is the strongest currency in the world. The US is going to follow this same model and the telegraphing of that policy has propelled the dollar way past all other currencies apart from the yet. It will not be civil unrest appears in the streets by the homeless and the unemployed that the dollar goes down and gold goes up.
Selling the Short Sellers Short: Another Sign of Trouble [View article]
The SEC took away the naked shorting opportunity starting MONDAY in only 19 financial stocks including C and BAC as the banks. Did you see what BAC did in three days as the naked shorts covered rather than borrowed stock to get in compliance? They knew they had lost control in BAC and decided to cover even if it meant paying 10, 20, 30, 40, 50% more than the low. Don't worry, the borrowing requirement goes away in 30 days and actually went away even on Monday for "market makers" whoever the Hell these folks are (GS???) in this day of instant computer matching of buys and sells.
Economic Themes for 2009 [View article]
Stimulus Plan Includes Tax Breaks: Stocks That Will Benefit [View article]
Wall Street Breakfast: Must-Know News [View article]
Selling the Short Sellers Short: Another Sign of Trouble [View article]