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  • FOMC Announcement: The economy has returned to moderate growth, says the committee, even as fiscal policy has become more restrictive. The asset purchase program remains in place. Chairman Bernanke's press conference begins at 2:30 ET. [View news story]
    To Macro- You are an idiot. The "working people" that take "risk" provide jobs for others. There incentive is to make money and forget coporate bullshit and the rat race. I know people that will lay off employees instead of pay more taxes. They will not change their lifestyle to keep up a dead beat. By the way, average people make about 50k per year. Go back to school or become an annalist!!!
    Mar 20 07:02 PM | 1 Like Like |Link to Comment
  • More on FOMC minutes: Those expressing concern about the costs/risks from further asset purchases are upgraded to "many" from "several." A "number" said a close look at the data might well lead the FOMC to "taper or end" QE before a substantial improvement in the labor market occurred. "Several" argue the risks of ending too soon are also significant. Status quo for now, but the monetary law of the land can clearly no longer be called QE∞. [View news story]
    The Fed can change the rules anytime they want, probably like they will with the Roth in a couple of years. Roll the Dice!
    Feb 20 06:40 PM | 1 Like Like |Link to Comment
  • FOMC Announcement: The economy has returned to moderate growth, says the committee, even as fiscal policy has become more restrictive. The asset purchase program remains in place. Chairman Bernanke's press conference begins at 2:30 ET. [View news story]
    I love the liberals, they think about today. Forget the future. Maybe they will make enough $ to support "their" next generation. For me, I will keep a room for my child as long as I live
    Mar 20 07:06 PM | Likes Like |Link to Comment
  • Quicksilver Resources (KWK) +3.6% AH after disclosing in an 8-K filing a restatement of Q1, Q2 and Q3 results from 2012 due to derivatives previously recognized as hedges increased 2012 net income by $133M to reflect changes in fair value in earnings. KWK discontinued the use of hedge accounting on all its derivatives effective Dec. 31, 2012. [View news story]
    Not so sure. KWK had a 26% jump Thursday before announcement. Hmm....maybe the market is rigged. Or a short squeeze
    Mar 16 06:44 AM | Likes Like |Link to Comment
  • Non-agricultural commodities sell off sharply across the board. GLD -1.4%, SLV -2.3%, USO -2%, JJC -1.1%. Lumber futures -2.5%. Chatter circulates of a troubled hedge fund being forced to exit. Broad commodity ETF: DBC -0.9%[View news story]
    Why isn't this a short Squeeze? Hedge funds play both sides.
    Feb 20 06:40 PM | Likes Like |Link to Comment
  • Market recap: Stocks snapped back from yesterday's tumble, as investors eyed steady economic readings in the U.S. (I, II) and Europe, and worries about Europe’s handling of its debt crisis seemed to fall away. Techs, which sold off a day ago, enjoyed strong support from Apple, up 3.5%, and going-private Dell. Prices of 10-year Treasurys fell to yield 2.012%. [View news story]
    short squeeze
    Feb 5 04:50 PM | Likes Like |Link to Comment
  • Market recap: Stocks snapped back from yesterday's tumble, as investors eyed steady economic readings in the U.S. (I, II) and Europe, and worries about Europe’s handling of its debt crisis seemed to fall away. Techs, which sold off a day ago, enjoyed strong support from Apple, up 3.5%, and going-private Dell. Prices of 10-year Treasurys fell to yield 2.012%. [View news story]
    What are the IFs? I don't understand your comment
    Feb 5 04:50 PM | Likes Like |Link to Comment
  • European stocks close sharply lower as a corruption scandal threatens to engulf the Spanish PM and Berlusconi surges ahead of elections in Italy. The Stoxx 50 -3.1%, led by Italy -4.4%, and Spain -3.7%. Germany -2.4%. So much for hot Januarys. The now-weeklong slide in Europe has brought the Stoxx 50 back to about flat YTD. [View news story]
    Still sitting 75% cash since December, didn't believe the rally and now I'm glad. Looking for the next entry point. Cash is King....(I think)...
    Feb 4 02:36 PM | Likes Like |Link to Comment
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