And Now for the Economic Charts…
October 27, 2009
There was good news today. The Case-Schiller index rose for a 3rd straight month. Otherwise it was not a very good day for the economy.
While some sectors (energy and health) were up today, there was a good amount of Read more
Wynn Resorts (WYNN) “Short” Follow Up
October 27, 2009
If you have been reading along, you would have scooped up two short calls that we made on Wynn Resorts (WYNN). The most recent was last week when we identified conditions that we found to be troubling for the casino operator. (Click HERE)
To top it off, Steve Wynn said in today’s conference Read more
Video: Does the S&P Have Any More Upside?
October 27, 2009
Here is a new video from our friends at MarketClub on the potential top of the S&P 500. There are some pretty compelling technical arguments for this being the top…but take a look for yourself with Read more
Video: Fed Grilled on Market Manipulation
October 27, 2009
This is an instant classic. I first learned about this listening to Curry and Dvorak on their No Agenda Show.
It is difficult to watch and shows how difficult it is to answer straight questions by those representing our interests in Washington.
Spooky. One can only hope Read more
Links and Reading for October 27th
October 27, 2009
Some of the more interesting and important items for October 27th :
- SEC Attempts to Curb High Frequency Trading – SEC is seeking ways to crack down on "naked access" or the practice of brokers giving high frequency access to public markets.
- Crowded theaters build momentum for 3-D at home – This will be really,but those silly glasses
- Capmark Files for Bankruptcy After Posting Quarterly Loss of $1.6 Billion – Nasty, getting nastier…
- Beating the Street is an easy feat for companies – This is interesting
- Free Silverlight streaming service to be replaced by paid Azure-hosted service – Silverlight is still alive, just need to pay if you are delivering content
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