JPM
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10/13/10 Midevening Report: Even more bulls hit
Oh shit, it is on again like white on rice, stink on shit, and Black on Scholes (and for you quants, just know that Brownian motion has more than one meaning), as a flurry of blue chip companies beat earnings guesses and pushed the market higher. With the 50 day moving average now rising above…
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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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6/8/10 Midevening Report: Bernanke speech fails to significantly rally the market, says he’ll overpromise more next time
The market was relatively quiet today as there was a lack of macro news though Fed Chairman Ben Bernanke was out late Monday saying: “My best guess is that we’ll have a continued recovery, but it won’t feel terrific like a blumpkin from Sara Varone followed by a nice wipe with that oh so soft…
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4/14/10 Midafternoon Report: Market movin’ on up, only a matter of time before it buys a dee-luxe apartment in the sky
Oh shit, it is on today like fucking Donkey Kong only this time Mario is not only going to save the Princess but he’s going to get rich while doing so. The market is rallying like it’s 1999 with positive earnings, positive macro data, and not a fucking peep out of those Greek assholes who…
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1/15/10 Midday Report: JPM sends the market down on estimate beat, promises to do worse next time
It is a bizarre day on the market today as INTC crushed numbers and is down, JP Morgan turned a huge profit, yet disappointed, and the dollar actually gained last night as apparently Amanda Drury was at the New York Rick’s Cabaret and only accepted the local currency (ok, the last one may not have…