Profit and Tax selling on weaker guidance. Call Option buying out in January. Government involvement in free healthcare/drugs for millions of sick folks will increase the demand for more points of distribution. The ACA will have to increase reimbursements to doctors and increase funds for generic drugs in order to stave off a revolution of discontent from the maddening crowd. Just another government boondoggle in the making.
Looks like the President has a few more street friends to pardon.....
Massachusetts State Police Bust 'Obama Care' Heroin
Massachusetts State Police on Friday confiscated 1,250 bags of heroin during a traffic stop -- and many of the bags were labeled "Obama care." Other bags were labeled "Kurt Cobain."
The traffic stop was made in the town of Hatfield, Mass.
"During the stop, evidence of illegal narcotics led to a request for a State Police K9," the state police said in a statement on the agency's Facebook page. "Trooper David Stucenski and K9 Frankie located 1,250 individual bags of heroin in the vehicle. Four people were taken into custody and charged with narcotics violations."
Just for the record, what is exactly too white, or too black...we need some help on this one from our liberal friends who have the "Racist" thing down to a science.
Obama’s Half-Brother: ‘Barack Thought I Was Too White’
"Barack thought I was too white and I thought he was too black...”
Mark Obama Ndesandjo: In an interview with AP, President Obama’s half-brother, Mark Obama Ndesandjo, described his relationship with his brother as “cold” and stated that when the two first met in Kenya in 1988, “Barack thought I was too white, and I thought he was too black.”
You are right. I suggest that you speak with the now FREE crack dealers and open your home up to them until they can re-establish their street connections...it's the right thing to do as a practicing liberal.
I wonders what color them boys are?
Calling sentence disparities unfair, Obama pardons 8 crack offenders
President Obama on Thursday commuted the prison sentences for eight people convicted of crack cocaine offenses and pardoned 13 others, surpassing in the fifth year of his presidency all the acts of clemency from his entire first term.
“I am commuting the prison terms of eight men and women who were sentenced under an unfair system,” Mr. Obama said in a statement. “Commuting the sentences of these eight Americans is an important step toward restoring fundamental ideals of justice.
Have you noticed the little cowardly weasels are all but silent when it comes to their brothers the Muslims. I have a theory why they are silent when it comes to the Muslims hatred of the LGBT behavior....they are literally afraid to death to say anything.
Suggestion...stop watching. though I think deep down you kind of like those tuff and rumble kind of guys.
Sure is a lot of gay pro phobia folks on this board...makes you wonder why.
BTW, gays high jacked the word gay, by its definition is a oxymoron.
Anytime the Cowboys lose it's a good day. Never liked them once the media tag them America's team. I can remember one dopy commentator made a comment that Dallas stadium had a hole in the roof so god could watch. Once Jerry Jones took over it was over!
The probem is that most 401K's only offer this bond fund, which leaves you little choice if you want some bond exposure. Keep in mind that Yellen is a banker first, and will make decisions to that end.
In regards to the market, I was reminded that our friend Ben Bernanke made assertions that he didn’t see a housing bubble in the works during his confirmation hearing in 2005.
Could this celebrated by the left ACA had a worst roll out? This by any metric has been nothing short of a lesson in why the government can't run a one car parade. Obama and his elf's actually believed that the government could take over and run 1/6 of the economy. When the President was asked why the rollout was such a disaster, he had his usual excuses, "I didn't write the code". No Mr. President you didn't, but you were suppose to be in charge of the folks that did.
Quite a difference from President Regan's, trust but verify. Obama's management style is, trust, and go golfing.
You and Obama need to take a selfie together...BTW, you better hope Obama doesn't stop to fast or you will find yourself two feet up his behind.
We agree on something. We can start with the top 5% Obama supporters residing in the Hamptons and Hollywood.
BO, the conqueror. Just another accomplishment to add to his growing list of flops.
**"If you like your health care plan, you can keep it,".... President Barack Obama**
Politifact: Lie of the Year!
It was a catchy political pitch and a chance to calm nerves about his dramatic and complicated plan to bring historic change to America’s health insurance system.
"If you like your health care plan, you can keep it," President Barack Obama said -- many times -- of his landmark new law.
But the promise was impossible to keep.
So this fall, as cancellation letters were going out to approximately 4 million Americans, the public realized Obama’s breezy assurances were wrong.
Boiling down the complicated health care law to a soundbite proved treacherous, even for its promoter-in-chief. Obama and his team made matters worse, suggesting they had been misunderstood all along. The stunning political uproar led to this: a rare presidential apology.
For all of these reasons, PolitiFact has named "If you like your health care plan, you can keep it," the Lie of the Year for 2013. Readers in a separate online poll overwhelmingly agreed with the choice.
Well it's clear that it is a waste of my time trying to communicate with a jerk! You are not a serious player, typical retail investor.
I know you don't believe that WS has benefited from QE,
but quantitative easing has been exceptionally good for the boys in the Hamptons. Lets review, QE1, the S&P 500 rose by about 300 points. QE2, the S&P 500 rose by about 200 points, and QE3, the S&P 500 has risen by about 400 points. The S&P 500 is now in unprecedented territory. Add to that, what happened to the Japanese stock market when QE was trotted out... rocket fuel
Sooo... what is going to happen when the Fed starts pulling back the monetary stimulus. Each time the Fed has even talked, not implemented a tapper the markets have had a hissy fit. The biggest fallacy going around WS is that the tapering is baked in, no history to back that claim up.
IMO, I think there will be a correction in the first half of 2014 which would take the S&P down to around +/-1200, with the nasdaq and small caps down further % wise. It's way over due, with the equity's being driven by financial engineering rather than top line growth.
Of course I could be wrong, and the greater fool theory could go on much longer than predicted, though the chickens will come home to roost at some point...it's just the natural order of things.
Lets see now. After five years of unprecedented stimulus, 4 trillion by the FED, 3 trillion in new deficit spending by this administration, and 1 trillion stimulus package and we have GDP at 2%....hell of a success story. BTW, you can't seem to separate your politics from your investing, you need to work on that...just saying
I agree mostly what you say, yet the margins shouldn't be the problem for they are not discounting to drive traffic, thus losing out to those that do. (i.e.Macy's)
Just a passing thought. I noticed Nordstrom changing from a family run business to a corporate model once they hooked up with Goldman(were doing gods work) Sachs a few years back when restructuring their debt. They went from employee centric company to a business model of financial engineering to please WS.
**The fed will back out of their QE position in a controlled manner**
Would that be the same Ben Bernanke who assertion that he didn’t see a housing bubble in the works during his confirmation hearing in 2005?
You go on believing what you want, it's your money...c'est la vie!