Uh oh! Look who just showed up at the party! November crude breaking out into jiggy territory…hope you enjoyed those $2 and change gas prices at the pump this summer!
Recession Tales from the Heartland: The Coat Riot
God bless the Associated Press for not letting this gem slip through their fingers: By MEGHAN BARR, Associated Press Writer Meghan Barr, Associated Press Writer – Wed Oct 14, 9:09 pm ET COLUMBUS, Ohio – A woman being driven around in a rented limousine pulled up at a coat store and announced she’d won the lottery and would pay…
A Different Take on Dow 10k from Eric Bolling
On the heels of my somewhat less-than-enthusiastic take on how the Dow crossed the 10,000 mark, I got a comment from one of my fave anchors Eric Bolling, the renowned trader and co-anchor of FOX Business Happy Hour: How’d Dey Do Dat? Well… when you are a bank and have access to free money via the Fed…
Keeping It Real: Dow Broke 10k Because IBM Didn't Split Too Often
All of my fellow bloggers are gonna do their Dow 10k pieces today, so I may as well join the cacophony… I’ve learned two important lessons from the thousands of hours of Hip Hop music I’ve consumed… 1. “Kings lose crowns but teachers stay intelligent” – KRS-One 2. Always “keep it real” – Various Artists…
Hot Links: The Ugliest Buildings in the World
Stuff I’m Reading this Morning… Market’s quiet ahead of earnings from Citigroup (pre-market) and Google (after the close). (Reuters) Bloomberg should’ve bought a blog network instead of BusinessWeek. (VixAndMore) Happy Dow 7537! Ya know, in real dollar terms. (ZeroHedge) What’s the investment climate like Down Under? My mate Trader Mark knows. (FundMyMutualFund) Wait til you…
Dow 10,000: Do We Dare?
I don’t have anything to add at this point.
Hot Links: The Egg Monster
Stuff I’m Reading this Morning… BIG STORY: JPMorgan crushes their earnings by 31 cents. Look out! (Bloomberg) A philosophical take on whether or not banks are good for society. (NakedCapitalism) Vanguard did a study on how much bond funds could drop when interest rates get raised, the losses could be gigantic. (SeekingAlpha) Which Wall Street…
U.Y.G. Why? You Ain't Got No Alibi, You're Ugly
You knew these were coming down the pike! It was only a matter of time… NEW YORK, NY, Oct 13 (MARKET WIRE) — Bernstein Liebhard LLP filed a class action lawsuit on October 13, 2009 in the United States District Court for the Southern District of New York, on behalf of all persons who purchased…
Remember the Last Time Intel Reported?
All eyes are on Intel (INTC) this evening as the company is one of the first bellweather names to report earnings. The last time Intel reported, on July 14th, the NASDAQ exploded, with a gap up and 3.5% gain for the composite the following day. Nothing in last month’s report means anything as far as forecasting…
Invest Like the Beatles
The Beatles have just released a box set, containing each of their albums digitally remastered. That their music stands up so magnificently some four decades later is remarkable and I believe that there are lessons in this legacy for investors that we’ll explore below. What made The Beatles so enduring was not just the talent…
