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7576Captain

7576Captain
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  • Why Thursday's Sell-Off Matters [View article]
    I just wish I could feel confident that somebody on Wall Street knows what the H they're talking about. Took a bath today following the advice of some really smart people. Much more of this I'll be retiring to a double-wide in Mudsuck, WV.
    Jul 31 05:59 PM | 9 Likes Like |Link to Comment
  • Airline misery continues as snow storms pound on [View news story]
    You can blame new crew rest regulations and the DOT's stupid "tarmac delay" rules on many of these cancellations. FAA & DOT have made it extremely difficult to operate into any bad weather forecast. Your tax dollars at work!
    Feb 18 04:12 PM | 2 Likes Like |Link to Comment
  • Speculating Bernanke has taken the lead in exit polls, ZH notes gold has gone vertical in the past few minutes (chart). GLD +2%. SLV +3.1%. Oil is on the move as well, USO +2.6%[View news story]
    Polls still open, so nobody really knows squat.
    Nov 6 03:01 PM | 1 Like Like |Link to Comment
  • Boeing complete first 787-9 [View news story]
    Finally getting this cutting-edge machine together. May yet be a game-changer.
    Aug 26 05:27 PM | Likes Like |Link to Comment
  • Zillow (Z +6.3%) and Trulia (TRLA +12.4%) continue to surge as shorts flee for cover following the companies' Q4 reports (I, II). Zillow had 41.1% of its float shorted as of Jan. 31, and Trulia 18.2%. The real estate sites/app developers are now respectively up 24% and 45% since Tuesday's close. (more[View news story]
    So the first new bubble in housing is the valuation websites! As an active realtor in AZ I can assure you that Zillow's valuations have absolutely no connection to what's really happening in the market place. Their "Zesimates" are often wildly inaccurate on both sides of professional appraisals, yet Zillow is often cited as the fount of all real-estate wisdom in the media. Ride this pony however you like, just know that their work is pure fiction.
    Feb 17 08:44 AM | Likes Like |Link to Comment
  • Market recap: Stock losses again accelerated down the stretch, this time pressured by a debate over the future of Fed stimulus, ongoing fiscal cliff concerns and rising Middle East tensions. The S&P 500 slipped well below its 200-day MA, and the tech-heavy Nasdaq extended its slide into correction territory. Crude oil climbed 1.1% after Israel's airstrike in Gaza. NYSE losers led gainers nearly four to one. [View news story]
    Thrill gone, money gone, faith gone. Does anyone, anywhere, have a clue what they're talking about?
    Nov 15 02:55 AM | Likes Like |Link to Comment
  • American Capital Agency (AGNC -3.3%) experiences a flash crash, plummeting 11% in the opening seconds of trade on volume of 5.7M shares (normally trades about 100K in the first 2 minutes). One wonders if any stops got triggered. [View news story]
    Stop triggered at $32. Then it promptly went back up. Double ouch.
    Aug 7 02:18 PM | Likes Like |Link to Comment
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