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  • Gold And Silver Are On Their Last Legs ... For A While [View article]
    Congrats!! Your SLV puts closed at 28 cents today! You've lost over 60% in one week, but don't worry, they're only fiat electroblips!!
    Aug 23, 2012. 10:40 PM | 2 Likes Like |Link to Comment
  • Initial Jobless Claims Back Up to Half a Million [View article]
    TraderMark, you forgot that this is Recovery Summer. DUH.
    Aug 19, 2010. 11:17 AM | 4 Likes Like |Link to Comment
  • Market recap: Buyers returned to the market late in the day, and stocks pared most of their losses after the weak jobs report raised concerns about a slow economy. Health care and consumer staples were among the leading sectors, while financials lagged. NYSE decliners led advancers three to two. Yields on the 10-year Treasury fell to 2.826%, lowest since April 2009.  [View news story]
    Let me rewrite this: Government intervention returned to the market late in the day, and stocks pared most of their losses after the reality window was closed by force after being accidentally opened a crack. The cost of funding a $14 trillion pyramid scheme dropped to new lows as those continuing to believe that the United States is a capitalist country remained, as always, sorely disappointed.
    Aug 6, 2010. 04:20 PM | 11 Likes Like |Link to Comment
  • Market recap: Stocks sunk in the final stretch of trading, after news that Moody's had placed Spain's credit rating on review for a possible downgrade. The S&P closed at 1030, a Q2 drop of nearly 12%, breaking a four-quarter winning streak. NYSE decliners outnumbered advancers by about four to three.  [View news story]
    Goldman Sachs missed on their end-of-H1 SPX predictions by 277 points.
    Jun 30, 2010. 04:14 PM | 3 Likes Like |Link to Comment
  • Market recap: A late push helped the stock market close with small gains, though the advance was concentrated in safe-haven sectors such as utilities and consumer staples. There was no apparent catalyst for the rebound after weak readings of jobless claims and manufacturing activity had held the market down all day. NYSE advancers and decliners finished nearly even.  [View news story]
    Come on. It's robotz and market manipulation and anyone with an IQ over 60 knows that.
    Jun 17, 2010. 04:10 PM | 11 Likes Like |Link to Comment
  • The U.S. recovery is going just fine, and potential bad news is discounted in share prices, Abby Joseph Cohen says. Rather than focusing on Greece or the recent jobs report, investors should consider the big picture - the underlying health of the economy and whether GDP growth and job creation will improve.  [View news story]
    Hey, great call for S&P 1300 by the end of June, Goldman. Only 250 points to go! See u later.
    Jun 7, 2010. 03:49 PM | 1 Like Like |Link to Comment
  • Stocks pared a chunk of their heavy losses coinciding with a CNBC rumor about Apple (AAPL) splitting shares 4-for-1; AAPL was down 1.5%, now down 0.3%. Zero Hedge: This gave us $100B in market cap?  [View news story]
    Market manipulation perpetrated by the criminal syndicate of the United States government.
    Feb 25, 2010. 03:18 PM | 2 Likes Like |Link to Comment
  • In an op-ed this weekend, Ben Bernanke worries about leading proposals in the Senate that would strip the Fed of its powers: "These measures are very much out of step with the global consensus on the appropriate role of central banks, and they would seriously impair the prospects for economic and financial stability in the U.S."  [View news story]
    Aw, shucks, gee whiz, Ben, I'd hate to be "out of step with the global consensus" to lie forever to everyone.
    Nov 28, 2009. 06:29 PM | 6 Likes Like |Link to Comment
  • GMAC Financial Services is reportedly in talks with the Treasury Department for its third lifeline: between $2.8B and $5.6B in fresh capital, on top of the $12.5B the lender has received since December, coming via preferred stock.  [View news story]
    Definitely, tuna. Analysts were expecting GMAC to ask for $2.81 to $5.61 billion in free money. DOW up 10000% tomorrow.
    Oct 27, 2009. 10:36 PM | Likes Like |Link to Comment
  • Surprise! No bank failures Friday night. Tally for the year holds at 98.  [View news story]
    Obviously no banks failed because every bank in America is amazing. 10000% rally on Monday.
    Oct 10, 2009. 03:42 PM | 1 Like Like |Link to Comment