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1/20/11 Midnight Report: When All Else Fails, Just Buy The Dip
The market was down strong in the morning as both fears of rising inflation in China and common sense seemed to hurt sentiment, but then like a phoenix rising from the ashes (though luckily not River Phoenix rising from his ashes, because that would have been weird) investors stopped adjusting their bollinger bands, refused to…
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10/20/10 Midnight Report: Market rallies again to the beat of algo-rhythm and Qs
The market rally was back on today with stocks shooting up faster than Ben Bernanke could chant “quantitative easing” over his bubbling cauldron (though he was heard incanting: “Double, double toil and trouble; Dollar burn, and assets bubble“) and faster than Sofia Vergara‘s son’s popularity on take your mom to school day. That said, with…
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7/21/10 Midevening Report: Market “unusually certain” that it should go down
The market was chugging right along today like a Kennedy at a sorority mixer after Apple titillated the market with sales stronger than the breath of either of the world’s foremost cunning linguists, the great Vladmir Nabokov and the greater Janine Lindemulder, until Ben Bernanke got up and threw his figurative Baby Ruth into the…
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4/21/10 Midday Report: You can not stop AAPL, you can only hope to contain them
The news today is earnings, earnings, earnings, and Sophie Turner. The markets are inching up after a strong slate of mostly positive earnings reports (not so fast AT&T and GILD). However, before we get to earnings which featured Apple taking other handset makers out to eat, getting them drunk, and then giving them a cleveland…