Archive - Oct 2012 - Blog entry

How does Facebook's investor prospects look now, after a healthy dose of reality? Ha! Muppet Mania!!!!

Don't Read This ... It's Totally Irrelevant, Old News, Who Cares, Americans Are Above the Law, We're Exceptional (and Anyone Who Criticizes anything our Government Does is a Commie Fascist Turruristicalist Moooooslim)

Might have missed something today .

The weakness after the US close and soft sentiment figures understood.

The mid-morning change in mind and subsequent rebound seems a bit puzzling here.

PMIs rather bad, the rest not good enough…

I realize that the situation in Europe can be very confusing. Aside from the fact that we’re dealing with over 20 different countries all with their own respective economies and debt issues, we also have the European Central Bank and the numerous bailouts and bailout funds (the LTRO 1 and 2, the EFSF, the ESM and now the OMT) to keep track of.

Hands down, the best way to trade stock market volatility day today is simply not to do it, cash out, and purchase hard assets, in particular, precious metals.

With the Associated Press report appended here, the German gold audit story has just exploded into the English-language press with some important revelations.

"Inappropriate and despicable." The candidates, that is. 

8:00 PM Central District Time ...

Watching the 3000 line on the Nasdaq, and AAPL. 

"God bless Tiny Tim."--R.B.

Fear the truth, it shall set fundamental market forces free!

Uuuhh. Yesterday a heart attack and today Lights Out? Then again, markets went up seamlessly with no trigger and can thus slide the same way.

AAPL will need to come up with a helluva surprise mini iPad that does the cooking and bring the kids to school to turn around things overnight.

Spain situation still by far not settled enough to last without some real interventions / decisions.

Romney has stated several that he would fire Fed Chairman Ben Bernanke if he wins office. While this doesn’t represent the real shakeup that the Fed needs, it’s definitely a step in the right direction. The question is if the market is predicting this or something else is happening.

Overall, the acquisition of ANNB by FNB looks like a transaction that will create value for the acquirer’s shareholders, but it comes at a full price.

Toppling central banks is a messy business.