It has been one year since this blog accurately predicted and announced that the crisis in Finance was over. So what has happened since then?
As recovery slowly made its way through the rest of the economic system, it has done so with the help of government intervention, as would be expected in such a meltdown. […]
It’s now a few days into my JPM prediction and you may be wondering why, with the stock clearly below my $20 floor, I’m still optimistic?
Nothing will happen in a day or two. Technicals showed that the price of this stock needed to ease up a little. That said, today’s pivot point analysis shows S2 […]
JP Morgan has a history of bailing out the American economy. And it did so again in 2008. In concert with the Fed, they judiciously planned a way to prop up Wall Street as it disintegrated before everyone’s eyes. JP Morgan acquired Chase, as the Fed let Leehman fail and propped up Citi and others. […]
Humana’s stock got battered today, after President Obama’s statement on the news, last night, about reducing payments to health insurance companies, hospitals, etc.
For those who were eagerly anticipating a supportive gesture towards the ailing healthcare industry in the US, the President’s first statement leaves me perplexed. Perhaps it’s half a statement and the rest […]
Well, 2008 is behind us… and good riddance. And, we start 2009 with a lot of expectation. President Obama has a lot to live up to, the British government has been taking steps to improve employment through a commitment to invest in the country’s infrastructure, governments around the world are working together to foster economic […]
We’ve been seeing trends of positive gains on the stock market, in the past few trading days.
Today, we can see double digit percent gains in building materials (IPII), consumer cyclical, hotel and resorts (IHR), consumer non-cyclical, agriculture (ANDE), Semiconductors (NVDA), Metals, gold mining (NEM), and oil & gas (HK, SFY, PXP). Top sectors that I’m […]
Yesterday, The Joint Commission, in the USA, issued a report clearly showing why increased automation in healthcare is vital to managing cost and growing the level of service required by a larger population and relatively fewer care-givers.
In conjunction with Aramark Healthcare, The Joint Commission issued a press release, on its web site, summarizing the content […]
According to the Wall Street Journal’s daily podcast, today, the US is officially in recession. There is no indication as to lending policy changes at the retail level, as of yet. Stock market statistics are dismally low and world financial barons are conducting urgent meetings to restore confidence in the markets. The FED decided to […]
The last time I prognosticated on the gold commodity ETF, GLD, I strongly recommended a buy. Since then, the ETF went from somewhere in the 60’s to 90… and back down to settle in the 80’s. Now, that’s a wealth recovery ride!
So let’s check in again. The 3-month technical chart shows a retrenchment to 85 […]
I think not. One of our readers sent me a note, earlier today, asking if, as a day trader, I would consider riding the volatility of these two federal bail out babies? The reason was that the stocks have been severely beat up and, with the federal bail-out, are poised to recover.
Being a fan of […]
