FDX
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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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9/16/10 Midevening Report: Americans flash foodstamps in Poverty Gone Wild!
The market was remarkably flat today despite a flurry of economic news including new claims for unemployment, the producer price index, census data on poverty, and Craigslist officially shutting down its section for sex ads (thereby forcing wealthy scumbags to seek other arrangements). The most important, and frankly confusing, of the economic reports was the…
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7/26/10 Midevening Report: Market rally excites quants as S&P rubs up against upper bollinger band
The market ran again today as Fed Ex boosted guidance due to international companies wanting shit faster and macro data headlines were manipulatedly good (like Cameron Diaz‘ face on a magazine cover). The big macro news was that new home sales jumped 24% which is the biggest jump since May of 1980 and totally sounds…
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6/16/10 Midday Report: BP sets aside $20B to be used on an oily day
First of all, Money McBags would like to thank all of you for your feedback yesterday. His inbox is currently overflowing like Whitezilla’s urethra after downing three cases of Mountain Dew in ten minutes (and feel free to google “Whitezilla” on your own time, Money McBags refuses to link to it due to good taste)…