All thoughts, comments, and posts are just my opinions...Dont listen to me on your trades, do your DD
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All hail the Fed, they are so smart and brilliant......lol
I do to....but, the uncertainty is awesome...LOL
I would love to see VIX spike up to 18-20
T-minus 1hr 16mins, LOL
WOW, looky looky at crude...Burn baby burn. Makes you wonder if they are gonna raise rates or hint at it, well that an inventories rose. My gut says they will hint at a raise but my common sense says BOREnanke will keep it as is.....and maintain there strong ANTI-dollar policy, contrary to what giethner said
I took some risk off on this downtrend, might do a little more here soon. Have some VIX calls as well
boooooo.. lOl
10 Signs We Are Near a Top in the Market
http://seekingalpha.com/article/265746-10-signs-we-are-near-a-top-in-the-market?source=yahoo
Morning Everyone!
At least in the short term, sure would love to see crude fall off the cliff here but dont think anything big before the feddy meeting tomorrow....(No pun intended)
Here was the link i was talking about
http://www.cnbc.com/id/42678927
I saw a deal this morning that the wonderfully strong so called-conservative speaker is opening the door to repealing some tax breaks for oil companies, as that will of course bring prices down? What? LOL Maybe he'll cry about it.... WOW
Could Hurricane Season Push Gas Prices Even Higher?
http://www.accuweather.com/blogs/news/story/48821/gas-prices-hurricane-season-gu.asp
Completely agree, once we get past the hysteria of earnings season, I think the markets pull back a lot.....JMO but it would seem they can't continue to fly like this with oil up so high...Gas prices suck btw...LOL
Crude pulling back: 111.70, funny to say pulling back and its at 111, lol
Morning Everyone, lots of earnings on tap today...
Hope everyone has a great holiday!
pretty much
Afternoon selloff would be interesting...Wouldn't be surprised if it happened but wouldn't be surprised if we run strong either...Earnings have been pretty darn good
Wow, that lady on CNBC talking a min ago, who was she? She looked about 200 yrs old
Morning Obi and everyone!
Oil to Fall to Less Than $100 a Barrel by July 4: Gulf CEO
http://www.cnbc.com/id/42644018
I hear ya buddy, I hear ya....
Agree completely...I think part of it is we still have some of the old powers that be in charge, a certain person who likes to shed tears on every interview when its not warrented. Say, someone who likes to capitulate and accept a 39 billion cut which is NOTHING in terms of the budget. Minumum should be in the hundreds of billions to trillions in my opinion....I do believe there are plenty of new members who where elected that will turn out to be very very good and very conservative, we just need them to hold strong on their values and not cave when the dems start yelling.....Who knows
S&P Affirms US AAA Rating, Cuts Outlook to Negative
http://www.cnbc.com/id/42643384
Just creates opportunity :) as long as it doesn't get too crazyy
Morning Everyone!
I took Friday off, feel like its been so long since I've traded, LOL. 3 days
Not sure, I believe the powers that be there though have strong ties with the left though lets say...lol. I could be wrong though, just what I heard ;)
What the Top U.S. Companies Pay in Taxes
http://finance.yahoo.com/taxes/article/112560/what-top-companies-pay-taxes-forbes
Kinda scary - World Bank president: 'One shock away from crisis'
http://www.bbc.co.uk/news/business-13108166
Evening folks
Morning Everyone, markets look to open lower, we'll see how today goes
Nahh man, you saw that "historic" cut they did w/ their whopping what was it, 39 billion....Huge. LAMO
Shouldn't it at least of been in the hundreds of billions. Sure hope the multi trillion cut is coming in 2012 like paul ryan was saying, seriously doubt it though. The check pants country club repubs will roll over probably....We have so many good conservatives in now, I just hope the old establishment doesn't rule em over.
funny, all the talking schmucks on CNBC that have been pumping the wonders of this market so hard, are almost all, in unision, starting to go pesimistic.
Amazing how things are changing..>Scary is probably the better word
WOW, wish I still had my 85.00 XOM May puts
Morning Trendfinders!