This means a contraction in business in the region. That, and the very disappointing export report means we''ll probably see S&P at 1800, Dow at 16,000, and the Nasdaq at 4,000 in the next month or so.
This Obamacare thing is the biggest policy disaster ever. I mean, this law was signed when, 2009? So he's had almost 5 years to roll this out successfully, to make sure the technology was working as it should, etc. And so now, instead of delaying the program at least a year to get it right, they're scrambling to make token changes....His ego is too big to say this program is a failure, and we need to fix it, so let's table it for a year or so.
HBK investments, D.E. Shaw. They realize how undervalued DK is. Notice how all the refiners are on fire of late, as the margin spreads have become more favorable. Watch DK catch up quickly with the others. I can see $30 or better within a few weeks, or less.
Great distribution and confirmation, and cross selling opportunities. More to come.
And now S.A.C. Capital just reported that CLDX is one of their 200 largest holdings.......The news just keeps getting better and better.
Type noonyellen in your browser; interesting effort underway to get people to contact their senators before the confirmation vote next week, to prevent her confirmation.
Just on the wires, SEC form 13F filed, indicating CLDX as one of their largest purchases last quarter. I'm trying to find the exact amount of shares, will follow up.
Mom and pop are waiting to buy those names as soon as they correct. Correction defined as a move down by at least .0001%.
Really? In other words, if she said something the market didn't like, we'd be down over 100 points? Does anything in the financial markets make any sense anymore? Watch for all the SA articles the next few days how "we're not in a bubble," or "there's a lot of upside to go,", and "we're only in the early innings"......Ugh!!!
You know I share your pain....As if the markets didn't know Yellen would be confirmed, or be on board with QE until forever.....I hate the media, esp. the financial media.
Hey Pandora, you made me laugh, which I had to do to keep from crying, so thank you for that. Here we are again; it's almost impossible to go short, you can't chase long, so what do you do? I'm somewhat fortunate in that I've been playing the game very stock specific, both long and short.....Today I went long a leveraged gold ETF (NUGT), so I lucked out...
Still, with WMT, IBM and CSCO getting hammered, I just don't know where the paper money is coming from to prop these indices up.....Do you?
Everyone wants their money right now.....Look at my handle, Moneynow.....but stocks consolidate gains. So far support at $24.50 held today. The next support below that is $24.25. The market's pattern has been surprise....The candle from yesterday 9 out of 10 times would have printed an up day today, and I think the shorts knew that, so that tried to press it down, and weak hands sold.
Now it looks like tomorrow could start off down, but I'm betting we're up tomorrow, by a good margin ($.75-$1 or more). Don't throw in the towel, because that's what the shorts want you to do.
Am I the only one who thinks we may crash in early 2014 or before?
Barry Bonds lied, and he didn't go to jail. Former Pres. Clinton lied in office, and he didn't do jail time. Several corporate CEO's lie every day, just to pump their stock.