MoneyMcbags's blog

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Market Keeps Moving Higher as Investors Now Buy the Rip





Oh shit did the market get it's buying on yesterday as investors once again shunned the reality of Europe's tenuous hold on the Euro...

 
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GE Causes Market to (Im)Melt Up as Shorts Watch their BACks





A big fucking yawn today as less happened in US macro news than in an MBA strategy class...

 
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When All Else Fails, Just Buy The Dip





The market was down strong in the morning as both fears of rising inflation in China and common sense seemed to hurt sentiment, but then...

 
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Market Goes Down on Earnings, Did it Swallow Idea that the Economy is Improving?





The market sold off today as earnings were more mixed than...

 
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Investors Get Longer, Hope Earnings Won't be a Stock Tease





The market keeps rolling because retail sales missed expectations, ratings agencies...

 
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Once Again, New Claims for Unemployment Claim the Economy Still Sucks





The market limped in to the close today as the dip buyers were somehow distracted by the jump in new claims for unemployment which...

 
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Data Speaks Softly, Will Earnings Carry a Big Stick?





It was a fairly quiet day on the market as investors get ready for earnings season, brace for...

 
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Take This Jobs Report and Shove It





Oh shit was it on yesterday as macro news flew faster than Goldman subprime securitizations in 2005 or...

 
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Dip Bought





The market got its schwerve back on today by buying the dip as if the dip were going to cure cancer, reveal the meaning of life, and lead to...

 
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Will the Dips Buy?





Ruh roh. After yesterday's euphoria around the new year wiping the economic slate clean, investors woke up and...

 
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Just Another Panic Monday for Shorts, Will Tomorrow be Their Funday?





The market ran today like Ben Bernanke was giving out free money (which um, he kind of is, as long as...

 
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Relatively Positive Macro Data Tries to Give 2010 a Happy Ending





2010 is going out with a bang as every piece of data beat guesses today including new claims for unemployment, pending home sales, and...

 
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All Quiet on the Manipulated Front





The market continued to rise today on volume lighter than Ben Bernanke's private sector experience and even lighter than ad sales for...

 
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Consumer Confidence Falls Yet Retail Sales Rise as Christmas Miracles Continue





The market continues to putter along in the last trading week of a year that has thoroughly confused Money McBags like the subprime meltdown confused Ben Stein, the cosmological constant confused Einstein, or...

 
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A Visit From St. Bernanke





Twas the night before Christmas, when all through the White House...

 
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