JUST LETTING YOU KNOW Apple (AAPL) Apple reported their earnings. Earnings were flat, year over year – actually down on a number basis. Revenues were up 18%, a deceleration from quarters before. The stock closed today at 450.50, down 63.51. Being a huge believer in always protecting capital and knowing when maybe something is going [...]
Archive for the 'Fiscal Cliff' Category
01/24/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
01/11/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Definitively… We had a big gap up the first day of the year on the announcement that…hey they’re going to tax more and not cut spending. But markets were relieved. The market sat around and edged above those highs yesterday and that’s the story. For this week, the S&P was up [...]
01/10/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Gold Every time Gold has an up day, I get tons of emails asking: “Should I buy it now?” I received two phone calls in my office today from listeners to my radio show. “What do you think about Gold here?” And one of them got mad at me when I [...]
01/08/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Markets Today was another pullback day. But let me give you some good news: Volume was light. The Market needs to sit. You had the first day of the new year gap open off of the Fiscal Stiff news and, of course, the markets were getting into trouble into last week. [...]
01/07/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Let’s back track a little and look at what happened going into this new year. The market looked like it was going to go higher in late-December. And then all the news of the Fiscal Cliff started bringing it down and it looked like it was bringing it down hard. Then [...]
I TOLD YOU SO…AND WOW…THIS IS A MARKET
Ok…I told you so. I am not thrilled at the outcome but it was a gimmee. I take no pride, no solace and no consolation in knowing what was going to happen. You see…when you go to a horse track, you typically make a bet on past performance. I told you there would be [...]
IN CASE YOU DID NOT KNOW! EVERYONE’S TAXES ARE GOING UP! THEY LIED. JUST KEEP VOTING FOR THEM!
Congress has apparently reached agreement on new tax rates to avoid the Fiscal Cliff, although they’re still fighting about spending cuts. The details on taxes are still leaking out. Here’s the best sense of the deal that have been reported so far (these are from the New York Times). We’ll update with more information as we get [...]
01/04/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW How This is Possible Yesterday and Wednesday, I reported to you something very simple (without telling you to do anything): The Russell 2000 broke out of a two-year base. The New Your Stock Exchange broke out of a two-year base. The Smallcaps broke out of a two-year base. The Mid-caps broke [...]
ANYONE REPORTING THIS? I THOUGHT 97% OF ALL PEOPLE DID NOT HAVE TAXES GOING UP. OH…ANOTHER LIE?
Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center. Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers [...]
GOOD RIDDANCE!
Treasury Secretary Timothy Geithner reportedly plans to step down at the end of January even if lawmakers don’t reach an agreement on the debt ceiling debate. Geithner, the only original member of President Obama’s economic team still in place, has signaled to White House officials that he will leave at the end of the month, Bloomberg [...]
