This is Jeremey Grantham in 2010. He echoes everything I believe…that there will be another ultimate outcome of flawed and idiotic policy by one person who has more power than anyone in this world…the power to print trillions of dollars with no oversight. Continued SOURCE: http://www.businessinsider.com
Archive for the 'Markets' Category
THIS IS A MUST WATCH!
06/19/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Facebook I received a lot of emails over the past day or so. Many people have been asking about Facebook, as it has been rallying up. Last Wednesday or Thursday, I told you it got defended in that 26 to 28 area. It’s back to 31.85. For me, I think the [...]
06/18/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Eventually Something Has to Give The markets have had a hopeful change of complexion, which started on Friday. You may not know it from the final numbers because if you turn on the tube, one of those network people will tell you that the Dow was doing 25 points. Well, there’s [...]
06/08/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Yesterday, I said there was nothing I liked about yesterday’s action. The market was still in correction. The market was up nicely and they sold into it. Today the opposite happened. They bought into the early selling and finished near the highs of the day. That’s good action. Overall, the market [...]
06/07/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Yesterday, we looked at the leaders on my radio show. There is a reason why we do this. What you need to know about the market is that strength begets strength and weakness begets weakness. And when the market’s really weak, but there’s a slew of stocks that refuse to go [...]
A FURTHER BREAKDOWN
Well…at least the Mets are winning and Johan pitched the first no-hitter in Mets’ history! That’s the good news. The bad news is that all major indices broke down though the next support levels we identified for you…making an already ugly market…even uglier. Again, this did not come out of nowhere. We identified for you [...]
06/01/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Here’s what I was hearing today ladies and gentlemen: You know what we need? We need the people that can afford it to pay more of their fair share. We need to step up government spending. We need an infrastructure spending. I heard the President today blame everybody but himself and [...]
MARKET DEFENDED AGAIN AT SUPPORT INTO TOMORROW’S FAKE JOB’S NUMBER
Stripping away all the nonsense and all the blah blah blah, major indices are again holding support into tomorrow’s fake job’s number. All bets are off as it will be the reaction that matters. So…going into tomorrow, the market has been nothing more than a bout of nausea. Foreign markets have been much worse than [...]
05/30/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW 100% Within the Rules, But What About Ethics? Facebook was down another .72 to 28.10 today. And there was late news today, as follows: NEW YORK – Morgan Stanley (MS) Chairman and Chief Executive James Gorman defended the securities firm’s role in Facebook Inc.’s (FB) tumultuous initial public offering, telling employees [...]
MARKETS BEYOND OVERSOLD
It should now be obvious why we told you to watch those intermediate support levels of DOW 12,700, S&0 1340, NASDAQ 2900 and RUSSELL 780. When intermediate support gets taken out, it usually means there is some ugly to come. This is exactly what happened as markets here and across the globe had somewhat of [...]
