Before I relay this, let me first make sure you understand that I am simply discussing a rumor here – I have no way of knowing whether or not it is true and have no opinion as to whether anyone should or should not act on it. Thank you for being an adult 🙂 OK….
“Whoever did this obviously doesn’t know shit about the people of Boston”
Video.
“Markets Are Debates Between People Who Are Speaking With Money”
You can file this masterful analogy away among some of the greatest ways the market has ever been described. My friend Heidi Moore has outdone herself with this (emphasis mine)… From the Guardian: To an outsider, financial markets seem to be about math: a wall of intimidating numbers, red and green and manic, scrolling as…
Intel: Anatomy of a Tech Value Trap
Is Intel “cheap”? Sure, at ten times earnings, why not? Only it’s more like 12 times forward earnings given the drop in gross margins and operating income The Street is now expecting on the heels of last night’s call. Revenue growth is stangnant-to-collapsing too, depending on the season. There is a piddling amount of growth…
Clips from Today’s Fast Money
Video.
361 Capital Weekly Research Briefing
361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…
How America Can Beat Deflation, NYC Style
The “D” Word. It’s on everyone’s lips. This morning on Squawk Box I heard the chief strategist of UBS mention that the TIPS market is actually “pricing in a wave of deflation.” Last week, Art Cashin’s note used a similar phrase to describe the rolling crash in commodities, only Art called it “a chill wind…
Hot Links: A Stupid Trap
Your morning financial links, expertly curated.
BREAKING: Explosions reported at the Boston Marathon finish line
I have no idea what’s going on – we’re hearing that a garbage can exploded at the Fairmont Hotel next to the finish line for the Boston Marathon. We’re hearing that at least 12 people are injured, missing limbs etc. I’m sick to my stomach thinking about it, really thinking of everyone who might be…
A Tale of Two Cities: Gold vs Biotechs
The below guest post comes to us from AllAboutTrends.com David reached out to me with his take on how low the price of gold could actually sink to. He sees it as the mirror image of the biotech sector right now, an area I am invested in that could be making a climax top. I…
