"Business Owners and Companies were not responsible for their own success. "
No, he didn't say that - look up the paragraph in his speech. Your quote reference is Republican propaganda and you bit. He didn't detract from an entrepreneur's accomplishment and work. But he said it required a context, Not quite it takes a village, but that's the idea. I don't know if that 's H. Clinton's idea as well but it probably is. If you think otherwise then you would think Somalia a paradise and Antarctica heaven for a business.
The Dems of today are in the Center and are usually have more conservative economics than the national Republicans. Remember, the Republicans deserted Main Street, the core US economy, for Wall Street years ago. Some older people turn a blind eye to that and think it's still 1960. You may be overlooking too that Bush II wasn't so much a RINO. He was a Norquist Republican and his administration was a Starve The Beast attack on Washington and the USA. The Crash was inevitable and that Party still needs a Depression.
It's 2014, soon '15.
It is index buying and new rotation to big tech . \The uptrend is clear. DOW broke through 18,000 is another very bold signal for another great bull run. I expect at least 10% rise in profit, with stock buy back from many companies, the stock average p/e multiple will decrease further. All in all, it is a secular bull run for at least few more rounds of EPS increase for most companies. One and Two basic point increase are well publicized and baked in. The money is still flooding in market, I do not see ECB or Japan can do anything otherwise. Oil price decreases pumped antoher 500 billions to eco. , the greatest risk is to hold cash and depreciated value.for few more years. Getting increased dividend from \i\bm is much better than negative interest in \europe
Really....you still believe in Santa analysts??? Revenues are declining for 8 quarters????
Keep Santa spirit....but leave analysts in North Pole.... OH !! OH !! OH!!
it's not directly manipulation .. more than likely , many fund mgrs , who always look to dress up their
windows , at years' ends , saw IBM at a bottom and are buying some to dress up , in addition , the price
was so low , that they actually expected to make a return ...
1st week in Jan will be interesting ... g
The last 2 analyst reports on IBM are buys with price targets up towards $200 per share.
International Business Machines Corp. (NYSE:IBM) last issued its quarterly earnings data on Monday, October 20th. The company reported $3.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by $0.64. The company had revenue of $22.40 billion for the quarter, compared to the consensus estimate of $23.37 billion. During the same quarter in the previous year, the company posted $3.99 earnings per share. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, analysts predict that International Business Machines Corp. will post $16.13 earnings per share for the current fiscal year.
Traders sold shares of International Business Machines Corp. (NYSE:IBM) on strength during trading on Monday, AmericanBankingNews reports. $157.76 million flowed into the stock on the tick-up and $627.33 million flowed out of the stock on the tick-down, for a money net flow of $469.57 million out of the stock. Of all equities tracked, International Business Machines Corp. had the 4th highest net out-flow for the day. International Business Machines Corp. traded up $0.83 for the day and closed at $158.51
Sentiment: Strong Sell
sounds like you had a rough week, shortie. Down 7% this week? You'll be down another 20% over the next month. Easily. Short away, brain-dead one.
volume during this relief rally is underwhelming at best, looks more like short covering and broad based index buying... meh
China is aiming to purge most foreign technology from banks, the ... including Cisco Systems Inc, IBM, Intel Corp and Hewlett- Packard Co.