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  • The save is on: major stock indexes now positive (Dow +0.1% to 10,009; S&P 500 +0.2% to 1,065; Nasdaq +0.7% to 2,140).  [View news story]
    might be squeezin' some shorts along the way too.
    Feb 5 03:45 PM | Likes Like |Link to Comment
  • Toyota: How to Kill One of the World's Most Powerful Brands [View article]
    Conspiracy is possible. But, when you put yourself so high on the pedestal of quality and you screw really bad and know you've screwed up for a long time and don't tell anyone, it is a BIG fall.
    Major blemish on the conception of "the best of class" and truthfulness. TM boo booed big time!
    Feb 5 09:09 AM | 1 Like Like |Link to Comment
  • Toyota: How to Kill One of the World's Most Powerful Brands [View article]
    Some time ago I made the comment that Toyota would eventually screw up. This is beyond screw up. I agree with the article. Damage control could have been better handled with up front disclosure. What could even make the problem worse is if the "Woz" is right and there is a software problem. Toyota denies this. Just like they denied the sticky pedal problem.
    Feb 5 07:53 AM | 3 Likes Like |Link to Comment
  • Stock futures are headed lower on increasing worries about Europe's growing debt problems, negating yesterday's upbeat report from Cisco (CSCO). S&P futures -1.1% to 1085.  [View news story]
    Oh. I thought it was because Jobless Claims were as good as expected
    Feb 4 09:43 AM | Likes Like |Link to Comment
  • The market may like today's report from UPS (UPS +0.8%), but it may not like what the numbers reveal about the underlying economic picture: Q4 avg. daily package volume, -0.2% year-over-year; Q3 -3.9%. Q4 U.S. avg. daily domestic package volume, -1.9% year-over-year; Q3 -5.1%.  [View news story]
    I think this is a good example of the "yea but" argument.
    Feb 2 01:27 PM | Likes Like |Link to Comment
  • On the verge of his first State of the Union address, President Obama plans to propose a three-year freeze on some discretionary spending - items that make up $447B, or 17% of the budget. Defense, Social Security and Medicare (among others) would be untouched by the plan. The goal: saving $250B over the coming decade.  [View news story]
    Can we call it the Brown effect?
    Jan 26 07:20 PM | 1 Like Like |Link to Comment
  • Scott Brown's (R, Mass.) Senate victory yesterday puts Obama's healthcare plan at risk; bad news for America's uninsured but a potential windfall for medical device makers like Volcano Corp. (VOLC) and Wright Medical Group (WMGI), as well as for health insurers and Big Pharma.  [View news story]
    Give the Healthcare issue up. The voters have spoken and the Dems have dropped the Healthcare issue like a hot potatoe. By the November elections they will swear they were opposed to it.
    Jan 26 05:12 PM | Likes Like |Link to Comment
  • Democratic lawmakers are considering an $80B jobs-stimulus package that would provide tax credits to small and medium-sized businesses that hire workers. Lawmakers hope to have the measure on the Senate floor by mid-February.  [View news story]
    After Brown's win in Mass, it appears more people are interested in jobs than healtcare. The Dems read the tea leaves of public opinion and thought they said healthcare when actually they were saying jobs. Now the Dems are constantly looking over their shoulder to see how close the Republican challenger is. The ultimate lobbying tool.....votes.
    Jan 26 08:47 AM | 2 Likes Like |Link to Comment
  • On the verge of his first State of the Union address, President Obama plans to propose a three-year freeze on some discretionary spending - items that make up $447B, or 17% of the budget. Defense, Social Security and Medicare (among others) would be untouched by the plan. The goal: saving $250B over the coming decade.  [View news story]
    How can the Govt create jobs and at the same time, reduce descretionary Govt spending?

    I agree with tack. Tomorrow will be a blood bath. It's almost as if he is trying to crash the market. I gues he wasn't satisfied with the drop he got last Thursday and Friday with his Bank regulations.
    Jan 26 12:02 AM | 1 Like Like |Link to Comment
  • House bidding wars have returned to some California cities as the state's inventory of homes drops to a five-year low. "It's more like an auction nowadays," says a buyer who gave up. "They shouldn't call it a house sale." (ETFs: ITB, XHB)  [View news story]
    If the banks are holding out for more money, it sounds like they are expecting a recovery and increase in demand.
    Jan 23 11:51 AM | Likes Like |Link to Comment
  • House bidding wars have returned to some California cities as the state's inventory of homes drops to a five-year low. "It's more like an auction nowadays," says a buyer who gave up. "They shouldn't call it a house sale." (ETFs: ITB, XHB)  [View news story]
    I just flat don't know. I don't live in C'fornia and I haven't been there. I don't know anybody that lives there either. So, based on the fact that I have absolutely no knowledge of the situation there, my only comment will be; I sure hope it's true.
    Jan 23 11:49 AM | Likes Like |Link to Comment
  • Obama came out swinging at banks yesterday, ending a White House debate about just how tough to be. Geithner and White House advisor Larry Summers had both advocated a less aggressive approach.  [View news story]
    I agree. I voted for the man even tho I'm 90% Republican. These are just thoughts that concern me.
    Jan 22 09:29 AM | Likes Like |Link to Comment
  • Obama came out swinging at banks yesterday, ending a White House debate about just how tough to be. Geithner and White House advisor Larry Summers had both advocated a less aggressive approach.  [View news story]
    After costing american investors billions in declining stock values, I hope he wasn't just shooting off his mouth. Or, just trying to recoup lost approval points with the election of Brown. I'm having a hard time getting a handle on the timing of the announcement. I hate to say it; but, it is almost as if he is sore loser.
    Jan 22 09:17 AM | Likes Like |Link to Comment
  • Lawmakers are debating whether to bring Fannie Mae (FNM) and Freddie Mac (FRE) onto the government's books, raising the federal deficit by tens of billions of dollars. According to CBO estimates, Fannie and Freddie's bailout has cost the gov't $291B to date and could cost another $99B over the next decade.  [View news story]
    I just looked it up. Iraq and Afghanistan wars $150 billion FY209 and $138 billion FY2010. $105 trillion to both wars to date. These figures are from the costofwar.com.
    Jan 22 08:35 AM | Likes Like |Link to Comment
  • Scott Brown's (R, Mass.) Senate victory yesterday puts Obama's healthcare plan at risk; bad news for America's uninsured but a potential windfall for medical device makers like Volcano Corp. (VOLC) and Wright Medical Group (WMGI), as well as for health insurers and Big Pharma.  [View news story]
    It is the mandatory part of the bill I don't like and that is the part the Dems are shoving down our throats. If this bill passes the three things in life you can't avoid are death, taxes and now mandatory health insurance. But, President Obama seems to be a realist, and indicated in interviews last night that he sees the American people have spoken. He also knows if he pushes this issue to hard, the Dems will be buried in the fall elections. I'm glad there isn't a super majority for either party. I firmly believe things work better when there is discussion and compromise. As everyone might guess, I'm anti ultra conservatism and ultra left wing liberalism.
    Jan 21 07:16 AM | Likes Like |Link to Comment
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