DGIT
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2/15/11 Midnight Report: Businesses Admit They Are Feeling Inflation But Claim Inflation Likes It
The market was down today as retail sales disappointed (thanks to the weather, a little something called rampant unemployment, and everyone hoarding cash for the next generation of the fleshlight to be released), food prices continued to increase and spook investors as rising costs pushed 44MM more people in to poverty (though at least 13%…
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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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9/30/10 Midevening Report: Stocks end higher for the Q as HFTs continue to be their pusher
The market was relatively flat today as investors were focused on figuring out how to build rocket ships to reach the newly found Goldilocks planet (where the distance from a star, surface area, and moon position are all just right to make it potentially habitable) to start a new economy as the current one is…
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9/15/10 Midevening Report: S&P hits 5 week high even as macro data tries to hold an intervention
The market was up again today as Europe remains solvent and investors ignore macro data and instead focus on how they can become race car drivers. In economic news, production in the US slowed as automakers held back on churning out new cars due to a little something called a consumer fucking recession. Not only…
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9/14/10 Midevening Report: Bigger retail sales fail to stimulate market as market prefers motion of the ocean
The market closed down after being up most of the day as US retail sales were a bit better than guessed at by analysts thanks to bigger back to school discounts, some states offering tax-free holidays (or as they are more commonly known as: paycations), and consumers having more money after skimping on their water…
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8/30/10 Midafternoon Report: Warren Buffett turns 80 as he and the S&P race to 100
The market was fairly quiet today with many investors spending their last summer week basking in the sun, sipping on margaritas, and enjoying the last days of the S&P above 1,000. In fact news was so thin this morning that the NY Times business cover story told you about retargeting as the reason why you…