Don't you know the market is just a handful of Bermuda based funds dealing with insider information? The only people their lackey Shapiro went after were Chinese and Indians. The only reason Cohen had to pay a go away fine was because he got fingered.
Only reason this is down is because KPMG ratted out the cockroaches at Herbalife and Skechers. The SEC has no choice on ignoring the charade.
Obama is putting in maybe two hours today. A 10:30 am briefing. 3:00 pm Meeting with Hagel. The main event today "The President the First Lady host a concert celebrating Memphis Soul music as part of their “In Performance at the White House” series; the President delivers remarks"
Easier to beat numbers is always good to push a stock to 52 week highs. Those markdowns on the ts and winter fashion must mean the profits are in the bag.
Buy, buy, buy, that chart is painted by experts.
Those bad loans are held in our bankrupt financial system. The Giethner/Lew/Bernanke/Draghi complex will make those losses good by driving up the prices of intangible assets (our Chinese masters will get upset if the price of industrial raw materials go up) Look how well this garbage is responding. Almost as good as JcPenney.
I just checked Ebay, According to prices offered, a Confederate dollar is now worth more than a U.S. dollar. And that is saying something.
Incredible how screwed up the Fed markets are. And you wonder why the U.S. poverty is now at third world levels.
They must have increased the margin. That with the lower "job creation" in the U.S. means they are doing swell!
Given the history of China using their client state to pressure the U.S., it will be interesting to see how China state media reacts to the movement of American weapons to the Korean peninsula. Japan learned the hard way what happens to their brands when they put the flag on a worthless island.
Will Macau casinos be shunned? Given Apple Taiwanese manufacturers and Samsung/Droin dominace, looks like Nokia many be the winner here.
This is management using stock buy back money to pump up the stock. Their average buys is 47.50 for last year. The CEO is being pressured by the hedge funds that run this stock to make a profit for them.
Thank God ANF management is pumping to 47.50 with their buyback.
1 Chinese Store will pump up the adjusted earnings.
Other positives for the stock:
EU unemployment rising to 12 % and their stock markets falling
Bad ISM data this morning
Bad employment numbers.
All this means the privileged hedgefunds will continue to get Fed subsidies to devalue the currency and enslave the working middle class.
You can't make this Keynesian #$%$ up!
Looks like the dumper is back. The moron will not take more than 19.00 for the stock if he can help it.
Zapatero send out the homosexual marriage issue to cover for failed banks and rising unemployment.
There is not one. They advanced paid last December to beat the Obama tax increase. That is why they are the easiest short in the sector.
LOL Still betting against the goldmanjews and their their boy running Fed crapdollar press on their behalf? look what they did in the last half hour after the Europe went home.