JOEZ
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4/12/11 Midnight Report: Macro News Blows, But Will it Swallow the Market’s Momentum?
The market traded down today as earnings season began not with a bang, or a whimper, but with a Kirstie Alley-esque thud as AA missed revenue guesses (and the 6% drop in the stock likely caused some AA investors to fall off the wagon), Japan’s market fell again as the severity of the nuclear disaster…
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Small Company Update: JOEZ Really Fucking Blows
Money McBags wanted to get to the JOEZ earnings release today because as you all remember after their last Q when the stock was trading ~$1.80, Money McBags broke JOEZ down and said he wouldn’t pay more than $.90 for them and well, after their quarterly release on Friday they dropped ~25% to $1.10, so…
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11/29/10 Midnight Report: EU Buys Ireland on Cyber Monday, Comes with Free Shipping, 6 Pack of Guinness, and Plenty of Broken Dreams
Hells yeah, Money McBags is back from his Thanksgiving break where he basted some turkeys, watched consumers run up more debt during Black Friday sales that they won’t be able to pay off until the dollar hyperinflates to whatever is just below infinity (perhaps Bernankity), and furiously read Wikileaks to learn that the US had…
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Small Company Update: JOEZ Blows
Money McBags promised he would get to JOEZ today and he finally had time to break down their terrible quarter where they once again managed to grow their top line faster than Heidi Montag grew her topline while shrinking their bottom line as if profits would give them whatever is worse than AIDS (and for…
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10/15/10 Midevening report: QE2 is coming! QE2 is coming! And inflation won’t shoot (up) until it sees the weights of the Fed buys
Aww yeah, QE2 is finally on the way in news less surprising than learning another politician is a hypocrite, banks may have forged documents and been untruthful about disclosures, and Bar Refaeli is hot. QE2 became official when Ben Bernanke got in front of a room of top economists at their annual coven and clam…
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8/17/10 Midevening Report: Market gets higher thanks to POT
Money McBags is back today after technical difficulties kept him from dropping some market knowledge yesterday. He’d like to say his absence was because he was busy trying to solve some of the world’s greatest problems such as auditing the recent proof of P vs NP (which showed that P does not equal NP, though…
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7/19/10 Midevening Report: Stocks higher as earnings more highly anticipated than the last thing that wound up disappointing everyone
The market sagged today like a droopy catenary with a very low value of “a” or Uma Thurman on vacation, before gaining some steam in the afternoon. With earnings season started, macro data was lighter than Ben Stein’s reputation as an economist or sales of Liberace’s last book: “How not to get AIDS and die.” …
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7/16/10 Midnight Report: A load of Bears hit
The market tumbled today like a broke Boy George on a floor covered with dong as consumer confidence continues to fade like LeBron James’ Q score or Haiti. Consumer sentiment fell to 66.5 which is the lowest since August and below the most pessimistic guesses of those not paying attention (also known as economists). The…
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7/15/10 Midevening Report: Senate approves financial reform only 5 years too late, next up, what to do about all of those indians
The Senate passed a sweeping financial reform bill today, though the only thing it is likely to sweep is more problems under the rug. After many compromises between Democrats and Republicans, the bill basically lets regulators feel the financial sector up but then caucusblocks them from going all the way. Sure there are now limits…
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6/4/10 Midafternoon Report: Jobs report challenges Marmaduke movie for biggest bomb released on Friday
The (No) Labor Department’s jobs report came out today and was well below analyst guesses which sent the market tumbling like Tony Hayward’s Q score at a Greenpeace convention. The US added 431k jobs in May which was the biggest increase in a single month in over a decade since the internet was founded and…