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  • Twitter tops $41; Evercore thinks U.S. user growth improving  [View news story]
    woo hoo! Broke resistance. Let the froth continue!! Next stop 47, I suppose. Party on.
    Jun 26, 2014. 12:05 PM | 1 Like Like |Link to Comment
  • Harley-Davidson goes electric  [View news story]
    I'm sure the rolling blubber contingent is wondering how they're going to re-create that look-at-me attention getting .enis envy noise most hoggies lust for. Should have several kw/h of juice for amps to the speakers/thumpers to create the VR these guys live in. Maybe just white noise - more soma, please. Musk is probably wtf'ing - a jet sound? Maybe a woofer under the seat.
    Jun 19, 2014. 09:09 AM | 1 Like Like |Link to Comment
  • Keystone pipeline decision delayed again, likely until after November elections  [View news story]
    Energy Independence - Thanks to the Reformed Broker
    Apr 19, 2014. 10:46 AM | 3 Likes Like |Link to Comment
  • Ex-Apple CEO Sculley reportedly on list of potential BlackBerry suitors  [View news story]
    Sure - he'd be great. Just fire all those smarter and more creative than he, and don't forget to get the board to recognize his own genius with a nice comp. package.
    Oct 24, 2013. 09:46 AM | 2 Likes Like |Link to Comment
  • More on Bob Shanks' interview with Seeking Alpha: Ford's (F) CFO appeared to be unperturbed by the ballooning credit in China and the uncertainties surrounding the massive shadow-banking system. "This is just a very large emerging market starting to mature, and I think the People's Bank of China is learning and understanding what it has to do to establish a much healthier banking system," Shanks said. "There was a bit of drama about a month or so ago, but I think this is just part of the maturation of economic development in China. It's going to be a journey but they're clearly on it." (Ford Q2 earnings[View news story]
    Ah yes, the Chinese bankers are "maturing" into the same wonderful bankers we know and love here. Let the journey proceed...
    Jul 24, 2013. 10:23 AM | Likes Like |Link to Comment
  • Electric vehicles sales were up in June with the Chevrolet (GM +0.4%) Volt, Nissan (NSANY.OB) Leaf, and Honda (HMC +1.8%) Fit all posting gaudy percentage gains with lower prices and incentives in play. Though the upturn is forecast to last through the summer, automakers are still far behind EV sales goals and face inventory issues.  [View news story]
    The "all oil, all the time" guys are watching. Resistance my be futile, but that won't stop them from trying.
    Jul 2, 2013. 01:56 PM | Likes Like |Link to Comment
  • Gold slips another 2.5% in evening trade to $1,181 per ounce. Silver falls 1.2% to $18.34.  [View news story]
    Gold probed under 1194 tonight, but didn't quite make 1171 before it fought back to flat! There are definitely buyers at this level. Don't know how much more liquidation is in the cards, but a lot of shorts joined in along the way down. Quit a bit of fuel for a short covering rally.

    The price of gold is totally emotional at this point - fibs, retraces, trend lines don't seem to matter much.
    Jun 27, 2013. 11:14 PM | Likes Like |Link to Comment
  • Gold miners will be watched closely today after gold prices, which had dropped sharply in the wake of strong U.S. economic data yesterday (I, II), pared some overnight losses after U.S. Q1 GDP was revised lower. GDX -3.5% premarket, as major gold ETFs saw outflows of 23.3 tons yesterday, their biggest daily outflow since mid-April. AUY -5%, GFI -5%, AU -4.8%, GOLD -4%, ABX -3.9%, EGO -3.7%, GG -3.5%, KGC -3.5%, NEM -3%[View news story]
    It might be worth picking up some of the pieces down here. $BPGDM has refused to make a new low during this rout.
    Jun 26, 2013. 09:55 AM | 1 Like Like |Link to Comment
  • Gold miners large (GDX -4.1%) and small (GDXJ -5.3%) alike are suffering a beat-down after jobs data from both the U.S. and Canada beat estimates; gold's gains for the week are entirely erased, and the metal "could melt even faster" if the global recovery continues. ABX -4.2%, AEM -6.7%, NEM -2.8%, GG -4.5%, AU -5.5%, EGO -5%, KGC -5.3%. SLW -2.8%, SSRI -7.3%, EXK -5.9%. GLD -2%, SLV -4.1%[View news story]
    Maybe it will only be a gap fill, but most of the miners are loosing money with gold at this price.
    Jun 7, 2013. 02:17 PM | 1 Like Like |Link to Comment
  • Monsanto (MON -3.3%) calls the genetically modified wheat found in Oregon an isolated occurrence, likely the result of an accident or deliberate mixing of seeds. MON says tests of 600 samples of each of two wheat varieties planted by an Oregon farmer show no presence of the experimental Roundup Ready wheat, and tests of 30K wheat samples in Oregon and Washington also show no contamination.  [View news story]
    Time to sue the farmer?
    Jun 5, 2013. 12:40 PM | 1 Like Like |Link to Comment
  • Gold mining stocks (GDX) could be reaching an inflection point, Barclays believes, pointing to early signs of performance improvement through the many cost reduction programs begun this year, plus compelling valuations. Goldcorp (GG +2.1%) is the firm's top pick among North American miners because it has the best growth profile and expected operating and capital cost declines in 2014.  [View news story]
    Ah... The widow-maker trade is back. Good luck with that!
    Jun 3, 2013. 03:30 PM | Likes Like |Link to Comment
  • There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble.  [View news story]
    Ah yes, Geo. The Fed has achieved a permanently high plateau for the Stock Market. Quite an achievement.
    May 19, 2013. 04:09 PM | 2 Likes Like |Link to Comment
  • Stocks move to new session highs an hour before the bell, perhaps soothed by the FOMC's Kocherlakota arguing the Fed isn't easy enough. It's the opposite of 24 hours ago when John Williams' hawkish words knocked the markets for a few points. (SPY +0.9%), (DIA +0.4%), (QQQ +0.8%).  [View news story]
    OK, so make the a cool 1000 S&P points. I hope it doesn't close at 1666, though.
    May 17, 2013. 03:29 PM | Likes Like |Link to Comment
  • Stocks move to new session highs an hour before the bell, perhaps soothed by the FOMC's Kocherlakota arguing the Fed isn't easy enough. It's the opposite of 24 hours ago when John Williams' hawkish words knocked the markets for a few points. (SPY +0.9%), (DIA +0.4%), (QQQ +0.8%).  [View news story]
    This is the Fed's game - total misdirection. The market's been sucking it up, too. Now 999+ points of the '09 bottom. Pretty cool, hugh!

    That Fed booze is powerful stuff, but I think I hear some singing in the hallways.
    May 17, 2013. 03:12 PM | 1 Like Like |Link to Comment
  • Market recap: Why do people listen to David Tepper? Because he's often right. His appearance on CNBC this morning to share his bullish views set the table for today's rally, led by big banks including BofA and AmEx. However, techs lagged after Apple sold off on no apparent news. Nymex crude ended below $95 as the IEA detailed a "supply shock"; gold fell to a three-week low at $1,424.50.  [View news story]
    This has the feel of an options exp. related push often reversed before the week's over.
    May 14, 2013. 04:44 PM | 1 Like Like |Link to Comment