August 5, 2011
Just to state what we see – it looks as if the massive sell-off that occurred yesterday, “felt” like it is close to a capitulation bottom. That said, what any of us “feels” is unimportant. The market direction and volume is the best indicator and history has often shown that reactions by investors are often overstated.
So, it goes without saying that here has been a severe reaction to the most recent economic data out of the U.S. and other countries. Some are calling this a “soft-patch” and others are seeing a more pronounced slowdown coming. Most of the real worry began once the revisions to the U.S. GDP was announced. It just goes to show that sometimes there is a payback for overly optimistic statistical reports.
Over the past couple of years, it is very apparent that the number of revisions to the downside has become part of the background that is expected to occur. Some even believe that there is a plan at work to provide better numbers in the initial reports in order to instill confidence. The idea is that these better numbers will help create an more optimistic investment and Read more
November 14, 2010
Guest: Eric Savitz, Barron’s Tech Trader digs deep into the Cisco (CSC) earnings and outlook. We talk about Apple (AAPL) , RIM (RIMM), Microsoft (MSFT) and many other tech names. Will Acme Packet (APKT) be a buyout target of Cisco’s cash pile? Andrew also opens up and responds to a few listener emails along with a discussion of the economy and Read more
September 3, 2010
As discussed in a previous post, the September month has not been kind to investor’s. However, equities have seemingly found some confidence straight out of the gate, so far. The Unemployment numbers released by the Bureau of Labor Statistics will be the tell tale sign of continued strength or another re-test of the 1,040 level for the S&P 500. The market has been trading in a wide range of approximately 1,040 – 1,130 for the past several months and we are not sure that it is likely to breakout anytime soon. Read more
November 22, 2009
Guest: Tyler Durden, ZeroHedge and Andrew converse about the state of the markets and what our Government is doing right and doing wrong (more wrong it seems). Andrew poses many questions about the FHA, Sheila Bair and where the economy is going. We discuss November’s economic numbers and how we are investing in Oprah.
July 28, 2009
President Obama spoke this morning about the relationship of the U.S. and China. Perhaps it was a simple olive branch as we have strained relationships of late. But, China has been flapping their mighty economic wings as they have shown an amazing amount of effort and success with their recent stimulus package.
A question that needs to be asked is whether President Obama is looking to hop on the China gravy train. It sure seems so as the speech was both an inferred apology to and request of China. If so, we much wonder if the speech was more of pleading for help as both economies are so tightly integrated. We won’t go so far as to say that the U.S. is groveling for a handout (or should we?), but it appears that we are in need of China to help stimulate exports as well as their continued commitment to buying U.S. debt and Read more