Money McBags
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11/10/10 Midnight Report: Will Obama be Seoul Man Defending Fed at G20
Marginal macro news, the upcoming G20 meetings, rising commodity margins, and enough uncertainty to make even Heisenberg jealous had the market once again bobbing up and down like Shyla Stylez trying to make her rent. We remain at a confusing time with economic data saying the market should go down (that economic data being a U6 unemployment…
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11/9/10 Midevening Report: As QE2 Hangover Wears Off, Will Market Wake Up in A Pool of Its Own Volatility
It was another lackluster day in the market as investors are still trying to regain their bearings from last week’s quadruple news high of elections, QE2, the jobs report, and Kat Dennings nude photos being released. With all of the excitement of those events more than priced in to the market, investors have spent the…
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Small Company Update: Dropping more KITD off at the pool
KITD pre-announced their earnings today and in typical KITD fashion, they managed to both titillate and confound, like watching a hot chick deep throat Lexington Steele. CEO Kaleil Tuzman certainly likes to keep things more interesting than a war of words between NFL players (and trust Money McBags that link is pure awesomeness) so Money…
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11/5/10 Midevening Report: Economy Stops Blowing Jobs
Hells yeah. The jobs report was released today and the economy added a headline 151k new jobs which means we will be back to a Keynesian healthy unemployment rate sometime around the year 2172, just in time for the third Tralfamadorian invasion of Earth, OJ to find the real killers, and Rocky XVII to be…
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Small Company Update: DGIT DGIstroyed iT
With the market shooting up to whatever number is just above infinity (we’ll call it Bernankity) thanks to the Fed’s strategy that somehow revolves around making rich people feel richer on paper so they will hire poor people, Money McBags is going to focus today on DGIT who just put up a spanktastic Q. He…
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11/3/10 Midnight Report: What’s Black and White and Red all Over? Who the Fuck Cares, QE2 is Here
What do we get for $900B? Every-ting you want. Everything? Every-ting. So sock it to Bernanke because with QE2 the dollar got so thorny as the Fed loves printing money for a long time (note to any reader not brought up on bad rap music, this will make the prior reference marginally funny, it will…
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11/2/10 Midnight Report: They’re baaaaaaaaaaack!
The market rallied today as election booths underflowed with discontented voters, unemployed workers looking for a warm place to hang out during the day, and douchey hipsters who thought the lines were for the Apple store. — Apparently the Republicans are going to win back the House and thus have 1/4 of the decision making…
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11/1/10 Midnight Report: The Calm Before The (Shit) Storm
The market ran in the morning today on the strength of China manufacturing the fuck out of some shit before falling in the afternoon after realizing that most Americans can no longer afford to buy the fuck out of that same shit (except of course for iPhones, because no matter how poor people get, they…
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Small Company Update: QCOR rises as IS, MS, and (maybe) NS, prove not to be BS
On Friday Money McBags promised he would get to QCOR’s spankrific Q today and with the market quieter than dark matter or Tim Tebow’s bedroom (wink wink) due to QE2, he finally found the time to do so. — For those of you new to the award winning When Genius Prevailed, first of all, where…
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10/29/10 Midnight Report: GDP is the trick for Bernanke’s QE2 treat
The Commerce Department’s Bureau of Economic Analysis (the uglier, less douchey stepsister to the B(L)S) released their first take on Q3 GDP this morning and it was unsurprisingly relatively more benign than a testicular mole or even Henry the IV of France. With both the mid-term elections and Fed meetings slated for next week, every…