[vodpod id=Groupvideo.2759320&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Butchie Yost, here with today’s Market Recap… How many of y’all went All In today, like The Grouch & Eligh, with the Dow up give or take 70 this afternoon? That’s what I thought. No one seems to have any conviction that this week’s pullback has brought us back…
Bankruptcy Epitaphs 2009
Lots of high profile bankruptcies in 2009 and we’re only at the halfway point… I wrote and designed a few tombstones for our fallen corporations. Here are The Reformed Broker’s Bankruptcy 2009 Epitaphs: Eddie Bauer Rest In Peace Too Bad Nobody Would Buy Your Fleece Six Flags 1961 – 2009 You Must Be This Tall…
Market Recap: Regulate
[vodpod id=Groupvideo.2752577&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Nate Dogg, here with today’s Market Recap… In honor of President Obama’s massive Wall Street regulations overhaul today, I thought we’d get started with the classic West Coast joint Regulate by Warren G. Today was one of those ping pong days here on The Street, without…
Cody Drops the "F" Bomb Again…Fascism
[vodpod id=Groupvideo.2751021&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The above video, from April, is a great example of the ridicule that Democrats are heaping on anyone who disagrees with President Obama’s continuation of the Republican bailout scheme. Both parties are complicit in this unprecedented wealth transfer, but the left only disliked it when it was a Bush/Paulson phenomenon. For the record,…
The "Always a Bridesmaid" List of Software Companies
Here’s a cliché I’ve heard just about enough of: So-and-so analyst/commentator “expects a wave of software consolidation to begin.“ Barron’s Eric Savitz discussed Citigroup analyst Brent Thill‘s latest consolidation prediction this week and I was really embarrassed for all involved. It’s almost amazing how many times this list has been regurgitated over the years. Here…
Obama's New Regulations
Here comes the heavy hand… At 12:50 pm today, The Street will get the news from the horses mouth as President Obama unveils some details on his new plans to regulate he financial industry. He’s already set the table, having released an 85 page document underlining the goals of this new spate of regulatory reform….
OK, So Where's That Crime Uptick?
Remember back in the September ’08 to March ’09 period when every day you’d read stories about people stocking up on safes and guns? There were stories about police forces in major cities drilling to be ready for mass unrest. The prevailing wisdom was that as the recession built in intensity and joblessness trended toward 10%,…
Market Recap: Dollar Does the Warrior's Dance
[vodpod id=Groupvideo.2726984&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA the Firestarter, here with today’s Market Recap… Let me get this straight…a Russian minister makes an offhand comment about how the US Dollar probably won’t lose it’s reserve currency status anytime soon and the entire market nosedives? I guess we really are being led around by the commodities…it hadn’t…
The Avon Lady Army Advances
Is direct selling the solution for cash-strapped households looking to bring in some extra green? According to the AP, Avon, Tupperware, Mary Kay Cosmetics etc. are seeing a swelling of their sales forces of late from part-timers trying to make ends meet. From AP: Armies of new Avon ladies, Mary Kay reps and Tupperware sellers…
TrimTabs: Bond Funds Over Stock Funds
Investment Flows While bond funds posted an estimated inflow of $16.1 billion on the first nine trading days of June, all equity funds posted an estimated outflow of $2.1 billion. Source: TrimTabs.com According to the TrimTabs Weekly Liquidity Report, investors continue to favor bond funds over equity funds with $16.1 billion headed to fixed income…