Archive - Apr 20, 2010 - Blog entry
POT & NYSE Advancing Issues Smoke Up while Everyone Gets High on AAPL
Submitted by Chopshop on 04/20/2010 23:45 -0500AAPL earnings blew the doors off, DARPA got its grapefruit on with an Industry Day for the "Mind's Eye Program" and even 'Hitler is no longer upset about the iPad'. Wonder what Jimmy Cayne was up to in the clubhouse between bridge tournaments? After inspecting AAPL and market internals, almost as many looks at POT as UC-Boulder saw yesterday.
Obama’s Secret Plan for Economic Revival
Submitted by madhedgefundtrader on 04/20/2010 23:44 -0500Let the economy do the heavy lifting, Some 60% will be achieved through tax hikes, and 40% via spending cuts. But the plan assumes that interest rates remain unchanged, the economy grows at 3%, and the war on terror ends in four years. What if the terrorists don’t cooperate? Houston, we have a problem….
Will SEC "Witch Hunts" Hurt the Economy?
Submitted by Leo Kolivakis on 04/20/2010 21:55 -0500Did the SEC just take away Wall Street’s punch bowl with this suit? "They might have," says Jim Bianco, President of Bianco Research in Chicago. If the SEC wins the Goldman case, "this would have far-reaching effects," he says. With all due respect to Jim, I say let the witch hunts continue. Besides, it's just another circus show and nothing will change on Wall Street. The sleazebags will concoct new ways to satisfy their insatiable greed.
Krugman: Break Up the Giant Banks to Stop Their Domination of the Political Process
Submitted by George Washington on 04/20/2010 17:32 -0500I applaud and welcome Paul Krugman's clarification ...
FDIC Sells Junk Zeros
Submitted by Bruce Krasting on 04/20/2010 15:53 -0500Yes, they sold junk zero's and they did it a premium pricing. My question is, "Why?".
An Unbiased Review of JP Morgan’s Q1 2010 Results Yields Less Roses and Perfume Than the Maintream Media Presents
Submitted by Reggie Middleton on 04/20/2010 13:23 -0500Just this morning I posted an article describing how much of the mainstream media suffers from diminishing revenues due to the fact that they simply rubber stamp soundbites and produce reports that are simply cardboard cutouts of what is pushed out by Reuters and the AP.org. Well, JP Morgan’s latest quarterly earnings release is a perfect example.
Dodd Financial Reform Bill: All Holes and No Cheese
Submitted by George Washington on 04/20/2010 11:09 -0500It is NOT a republican versus democratic issue ... It is a reform versus spin issue!
Are Blogs Truly Competitive With the Mainstream Media in Terms of Quality of Content?
Submitted by Reggie Middleton on 04/20/2010 06:43 -0500This is where the mainstream media is failing. When the paradigm shift into distributed computing and the resultant frictionless media model occurred, MSM fought instead of embracing it. A typical old school reaction, it was inevitable and a fight that they were destined to lose. Instead of complaining about free content, produce something worth paying for!
Where Is The Money Coming From To Fuel Spending?
Submitted by Econophile on 04/20/2010 02:21 -0500It is a curious phenomenon that consumers are increasing spending in light of high unemployment and declining wages. How can that be? Have consumers just decided that the recession is over and life will be just like it was before? Where is the money coming from?
