Better yet, how about the S&P so close to all-time highs. Obviously a cheap dollar and an export boom, but wow anyways. Take a look at the three month chart of Fannie Mae and Citibank . What about the homebuilder index . You would think the Dow would be below 10,000 with those charts. Basically, …
Tagged: Stock Market
Trade Wars?
So the Canadian dollar has shot WAYYYY past par this week to $1.03 plus cents. It has careened out of control now that it has entered ‘no man’s land’ which has been well documented as a trend on this blog. It is fun to be right and catch a trend. This one has seemed too …
Goldman Sachs…A Historic Day for Capital Markets
A very interesting/exciting day indeed. Google, Goldman Sachs, China, and the Dow/S&P are at all-time highs. Oil and Gold are pretty much there as well. Shipping companies too. It also ‘feels’ that EVERYBODY is short. The bears think what we are seeing can’t be happening. Wasn’t Goldman Sachs (GS) just bailing themselves out almost 80 …
Financial Services on the Web
This is obviously a giant market. The big banks are in the game, Schwab, E-trade, Quicken, Yahoo Finance, Google Finance, The Street.com, even Wallstrip :) . Lately, there has been a ton of activity. Obviously, smart entrepreneurs think that the holy grail of web finance remains out there. Fred discusses some of the players and …
Does Social Networking and Stocks Mix?
I won’t give away all my thoughts in the space, I am saving that for my investments, but much is at stake. A few days ago I was writing about the mystery of Google Finance and their lack of interest in promoting their own good site. If you are at a cocktail party, money and …
September Swoon?
This market rally sure feels thin. If I were a gambling man, I would say September should be a mess. I don’t gamble and I try to avoid trading based on feel. I do have some experience so my feel comes from the sour mood developing on Wall Street. Bonuses will likely suck. They should. …
It's High Noon for Bernanke
I guess all market eyes will be on Bernanke tomorrow. Phil says he’s between a rock and a hard place . I think maybe he will shave, or show up in a pair of CROX to deliver his speech…freaking out the market no matter what he says. I was reading Jimmy Kingsland’s blog tonight and …
Paychex on Wallstrip…Chaching!
Screw economic opinions…punch up PAYX and tap into the health of our economy. Judging from the company’s stock chart, we are an extremely healthy economy. What an awesome Company. I am sure there is some good old fashioned evil in their business and cash flow somewhere, but they make life pretty easy for small businesses …
Sunday IPO's on Wallstrip – VMware, Inc (VMW)
Today, we start a new category of shows on Wallstrip …the Sunday IPO (initial public offering) watch. For people new to the stock market, here is how Wikipedia describes an IPO . All great stock trends begin with an IPO or in some cases a spinoff. Therefore, the best place to find the next great …
The Green Roulette Square in the Markets – Sometimes You Just HAVE TO Save People
Stupid people don’t deserve to be saved. Sometimes, they just get saved though and they get carried along with the tide. Those hedge funds that have been puking because they don’t know anything about liquidity, leverage or the products they owned got a momentary reprieve yesterday. I love the no uptick rule for shortsellers. Anything …