RICK

  • 4/14/11 Midnight Report: As Always, New Claims For Unemployment Claim the Economy Still Sucks

    The market rallied a bit in the afternoon as rising new claims for unemployment missed analyst guesses by somewhere near a fuckton (give or take an asshair or ten), Portugal and Greece saw bond yields rocket up more than applications to LaSalle’s MBA program and even more than Kate Upton on the awesomeness scale, and

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  • Very Brief Update: Zonked Out

    Dear Readers, Money McBags had a minor and planned medical procedure today (nowhere near as useful as this) that unfortunately caused him to be knocked the fuck out and while he thought he could quickly shake off the cobwebs and get out a column on KITD, he wound up spending from 2pm to ~8pm drooling

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  • 3/15/11 Midnight Report: Market has a JaPanic Attack

    Holy fucking shit.  It is not often Money McBags wakes up to such a far reaching news story (even farther reaching than Ben Bernanke’s logic) and a story of such epic proportions (even more epically proportioned than Ice-T’s wife) that it dominates the headlines more than a Presidential election, has potentially more dire consequences on

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  • 3/8/11 Midnight Report: Heaving the Dip

    Kind readers, you’ll have to excuse Money McBags today for not being able to put up a full column but you see, as you were all buying the dip and rejoicing over OPEC’s promise to produce the shit out of more oil for the first time in two years (which surely made M. King Hubberd

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  • 2/10/11 Midnight Report: Market Shrugs Off CSCO Guidance, Prefers to Buy the Rip

    The S&P closed up today despite earnings more disappointing than Congressman Christopher Lee’s online dating skills (because 1. If you’re married, don’t use your real fucking email address and 2. everyone knows the easiest way to an internet girl’s heart is through a cock shot and not some weird ass old man flexing pose, so

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  • 2/9/11 Midnight Report: Fucking Crickets

    Kind Readers, — Money McBags was out for most of the day and thus was unable to find the time to get a column up that suitably dealt with the news of the day such as Ben Bernanke’s speech before the House Budget Committee (which includes such great financial luminaries as Heath fucking Shuler, who

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  • 1/1/11 Midnight Report: Data Speaks Softly, Will Earnings Carry a Big Stick?

    It was a fairly quiet day on the market as investors get ready for earnings season, brace for an East Coast snow storm, and actively try to bet on which porn star Charlie Sheen will bang next (and for the record, Money McBags is taking Gracie Glam, in the kitchen, with his lead pipe).  That

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  • 1/3/11 Midnight Report: Just Another Panic Monday for Shorts, Will Tomorrow be Their Funday?

    The market ran today like Ben Bernanke was giving out free money (which um, he kind of is, as long as you have already proven that you are untrustworthy and have bad judgment), or giving out free shares of Facebook (which at this rate will be valued higher than an original copy of Birds of

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  • 12/20/10 Midnight Report: Will the Economy Go Buy Buy During this Holiday Season?

    The market crept up again today like Jessica Simpson’s pants or like Pete Townshend at a boy scout overnight (though all for research, wink wink).  With the year ending next week and investor’s preparing for tonight’s lunar eclipse where the Earth will happily play Lucky Pierre between the Moon and the Sun (and this hasn’t

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  • 12/15/10 Midnight Report: Rich Guys Vote To Extend Tax Cuts For Rich, Laughter Trickles Down to Middle Class

    The market continued to move sideways today as economic data was less relevant than Bernie Madoff’s thoughts on the CAPM and fund managers don’t want to rock the boat (though they’ll happily tickle the little man inside of it) this close to year end bonuses.  This lack of volatility in the market is less surprising

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