[vodpod id=ExternalVideo.830915&w=425&h=350&fv=] The Reformed Broker, AKA Goldie Hawn here with today’s Market Recap… When they write the book on May of 2009, they won’t be talking about General Motors’ (GM) long-overdue bankruptcy, they’ll be talking about the raging, historic rally in commodities. Here’s a quick glimpse at this month’s Silver run (the biggest monthly percentage gain for…
General Motors
Market Recap: Sunshine Day for Sears
[youtube= http://www.youtube.com/watch?v=c6wTY37EvQI] The Reformed Broker, AKA Sam the Butcher, here with today’s Market Recap… Holders of Sears Holdings (SHLD) can celebrate like the Brady’s today in the above video: “Put on your Sunday best kids, we’re going to Sears!” – Mike Brady The retailer without a purpose came out this morning with an unexpected profit, albeit one…
Denninger Pops His Top Over GM Bonds
Do you own GM bonds? Karl Denninger‘s got something he’d like to get off his chest about what may be about to happen to your investment… From The Market Ticker: If you hold this debt you are about to be wiped out by our government, who has decreed by fiat, without even a vote in…
Capital Window Opens for Non-Banks, Too
Now that the rally has lasted way longer than most thought it could, the Capital Window has opened wide. Last week the secondary offering parade began, on the heels of the stress test results. Market commentators have mentioned the fact that new stock is being sold almost indiscriminately by the bankers and syndicates and that issues are…
Market Recap: All Swine Flu, All The Time!
[vodpod id=ExternalVideo.816076&w=425&h=350&fv=] The Reformed Broker, AKA Daddy Long Legs, here with today’s Market Recap… It’s Monday, so that can only mean one thing…Yes, that’s right! A new restructuring plan for General Motors (GM)! Maybe this, the third since January, will stick. And BTW, they’re blowing out the Pontiac brand, which is a shame. The action today was…
Can It Be? Really? A Ford Turnaround?
Here’s a new Analogy for y’all: Ford is to General Motors as The Jeffersons are to Sanford and Son While Chrysler and GM currently subsist on bridge loans from the government, Ford (F) is Movin’ On Up as their latest quarterly results came in better than expected on multiple fronts… From TheStreet.com: Ford (F) beat the first-quarter estimates…
Market Recap: Cars and Bikes
[youtube=http://www.youtube.com/watch?v=Z19zFlPah-o] The Reformed Broker, AKA The Mongoose Californian, here with today’s Market Recap… Does anyone or anything suck as much as General Motors (GM)? Even Ford (F), up 10% plus today, seems to be picking itself up off the mat these days, although the Goldman Sachs Conviction Buy List kudos probably didn’t hurt. On a…
Top 10 New Auto Models From Detroit Next Year
So with each passing day, the U.S. automakers seem to be closer and closer to a “gentle, targeted bankruptcy”, whatever the f@#% that means. Here’s a sneak peek at the 2010 models coming out of Detroit to a dealership near you:
Hot Links: Trading, PPIP, Protests, Spices & Econoland!
Hot Links for Weekend Reading Ever wonder about the “being responsible” side of trading on your own for a living? I have a lot of trader friends and I respect the discipline they show in terms of segregating moneys and so forth in the heat of the battle. Michael Higgins of Tickerville wrote a really…
Sucks to be Cerberus
Oopsies! Steven Feinberg: Oh my gosh, honey, are you awake? Mrs. Feinberg: Yes, what is it, Dear? You sounded like you were having a nightmare… Steven Feinberg: Yeah, it was weird…I dreamt that my private equity firm owned both GMAC and Chrysler! It was horrible! Mrs. Feinberg: Well…umm…ok, go back to sleep, hon. Everything will…