Wednesday, November 10, 2010
Wednesday Blockquote Randomosity
Looks to me like the metals bubble may be ending. Anyway, when I did the AudioBoo on Monday, the reason the market sold off because of European Sovereign Debt worries. Today’s rally? Well, from the WSJ:
U.S. stocks erased their losses to finish in positive territory, as investors weighed an improving domestic economy against heightened global concerns.
So there you have it. Yesterday’s concern is today’s, “Eh.” I remain 100% invested, but the market does look like it could pull back here. Black box still on a sell, but now the timing may be right.
iPad’s first real rival? The Samsung Galaxy Tab.
After seven months of unchallenged prominence, Apple's hot-selling iPad now has its first credible competitor in the nascent market for multitouch consumer tablet computers: the Samsung Galaxy Tab.
The Tab is being introduced over the next week by three major U.S. wireless phone carriers at $400 with a cellular data contract, or at $600 with cellular capability but no contract.
…
7”
7-inches of screaming fury. We shall see. My gut feeling here is that it doesn’t sell as well as the iPad. Not that I’m an Apple snob, but bigger is better. Anything smaller than the iPad’s 9.7-inches of screaming fury can be done on a smartphone, er, iPhone.
Okay, I’m a little bit of an Apple snob.
Miami Dolphins bench Chad Henne, go with Chad Pennington.
Henne was ``disappointed'' when Sparano delivered the news, which came as a shocking development Wednesday. The coach moved his news conference to earlier in the day to deliver his decision publicly before reporters were scheduled to enter the locker room for access to players.
``After making long evaluation on all details involved, what I've decided to do here, this week, Chad Pennington is going to be the quarterback,'' Sparano said. ``I took a lot of things into consideration. I weight an awful lot of options out.
``This is not an indictment on Chad Henne. This is not an indictment on his future. He has come two-fold from where he was, but at this particular time, it's something I feel like I need to do for our football team.''
Crap. And I have two Chad Henne jerseys (orange and teale)! Well, I bet the offense improves with the veteran Pennington. Until he gets hurt…
Lou Dobbs to join Fox Business Network.
Former CNN news anchor Lou Dobbs has joined the Fox Business Network and will host and develop a daily television show starting in 2011, Fox said on Wednesday.
Dobbs, 65, also will appear on a variety of other Fox Business Network programs as an analyst and commentator on the financial news of the day.
Which show gets the boot at FBN?
Monday, November 08, 2010
$600B of QE2 on the Wall, $600B of QE2...
So Kevin Warsh doubts the $600B QE2 will work but he voted for it. $$
Sweet.
Why would you go on record saying something like that?
You think Bernanke has a conversation with Warsh about this?
Gold Above $1400
Gold above $1400, and I missed it! But check out the ads on this web site. You think they'd write a negative article on gold? $$
iPad App: Economy
Economy for iPad is a very nice consolidated place to find all of the economic statistics.
I know the information is on the web, but this is a nice widget to keep track of all the numbers.
#27: Ballmer and Gates Sell some $MSFT, Sarah Palin Dresses Down Bernanke, Broadband Gap Between Rich and Poor, Wade Phillips Fired!
Sunday, November 07, 2010
Contrarian Indicators, Part 2
Uh oh. I don't like to see this kind of confidence.
"The wind is at our backs in terms of the economy, and all the building blocks are set for stocks to move higher," said Timothy Ghirskey, chief investment officer at Solaris Asset Management. "Equities seem to be the asset class of choice, given the low yields on bonds, and the Fed is also encouraging more money into the stock market."
