Category Archives: Economy

The stock market, forex, gold, silver, the Dollar, employment, business ideas and more…

Market Top?

According to CNBC, Goldman Sachs just said something like right now is a once in a generation opportunity to buy stocks. Thats good enough for me. I bought puts on PCLN and GOOG. When Goldman says buy, I sell. Just like when … Continue reading

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What is the stock market telling us?

What are we to believe? The fact that the stock market has broken above some key technicals levels can’t be ignored. Does the market know something we don’t know yet? Can we even trust the technicals anymore? Is there market … Continue reading

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Stock Market At A Major Level

This low volume melt up looks very tired to me. The s&p at 1320-1330 is about as high as it will go in the short run in my opinion. So, here are a few scenarios I see could happen. 1) … Continue reading

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Money

It’s an amazing thing that virtually every person on this earth is conned into a life of trying to acquire worthless paper. “Give me control of a nation’s money and I care not who makes the laws.” – Mayer Amschel … Continue reading

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Stock Market Meltdown

If you look at my past posts on the economy and stock market, you will see that this market crash in the last 9 days is not a surprise to me.  Just look down this page to my post back … Continue reading

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Netflix – In Your Facebook

Sorry Netflix, as predicted, Facebook is now getting in the movie business. Netflix reached a high of $240 about a month ago and has been on a down trend today dropping to $199. This stock will be cut in half … Continue reading

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BUY BAC ? – BANK OF AMERICA

Today, BAC is close to crossing a major point in it’s long down trend from $88 back in 2004 down to its current price of $14.86. Crossing this point will catch many people off guard and we could see Bank of America … Continue reading

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Deutsche Boerse Buying The New York Stock Exchange?

Wake up America! God help us. This Country is getting sold off piece by piece. When Budweiser sold out it was a bit of a shock, but the NYSE? Really? Deal is not done yet, but if it goes through Deutsche Boerse gets … Continue reading

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Market Melt Up

The market is supposed to be smarter than the rest of us right? So what is it telling us by this huge gain over the last 6 months without a single significant pullback? Here are some thoughts. In March 2009, the … Continue reading

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AMZN Down Again

Even with the stock market up today, Amazon – AMZN is down again. The stock has dropped about $15 in the last 5 days down from $191 on the 18th to $175 today. Look for support on this stock around … Continue reading

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