Pauly B

Closing Update for Friday, Sept. 18: Bull Run Hangs On, Barely

It will be interesting what the FED will say (if they do) about the falling dollar next week. This could have significant impact going forward.

The market now is mainly about the weakness of the US dollar and if the world will continue to buy our dollars and fund our debt. Any movements in the bond markets could really put a hold on this bull run.

The Current Market Atmosphere: Easy Money Hard to Come by

Look at a 5 year chart of the VIX. Then look at where the VIX made a top. Now overlay the S&P over that. I think that is pretty good place to buy quality securities in equities and ride the market back up.

I always go by the saying "the market hates extremes"

Or as one of the Rothschild's said "when there is blood in the streets, you buy."

E*Trade Primed for a Breakout

I have been an E Trade customer and have been very satisfied with their service and platform. As more people take control of their investments on line brokerages will flourish. In the long term E Trade is still a likely takeover candidate as the brokerages consolidate as many have duplication of services. I could see a Schwab or TD Ameritrade buying these guys out in the next few years.

I agree, the shorts have overstayed their welcome here.

E*Trade's Annual Shareholder Meeting Should Pressure the Shorts

All I can say to this is that hedge funds that bought E Trade saw some value or they wouldn't have thrown in the money the way they did at the company. I took off my shorts sometime ago as this trade was way too crowded and agree that something will happen. E Trade is aggressively fixing their business model after the last CEO left the company in shambles. I hope they survive. I have an account there and am very satisfied with their service and platform.