S&P futures are up about 5, off the highs. BIIB, AAPL, FFIV, TZOO and SINA are early movers, with the latter getting ape raped by a silly analyst downgrade. The big story is the dollar, now in range of an all-time low. My advice to you: don’t vacation in Paris this summer, as a bag of pomme frites will likely cost you $100 by then.
It’s funny how the Fed gets away with targeting asset prices, as if that had zero effect on poor fuckers. Coupled with their zero interest rate policy, one might surmise the Fed is intentionally trying to kill senior citizens. Think about it: how is Grandma going to pay for a $100 tomato if she can’t garner interest in her CD’s? Think about it.
I have an interest in tech today and will be placing some buy orders.
On a final note: I’d like to tip my cap to Steve Jobs for making America relevant again in the field of electronics. Before Apple, we had nothing. The Japanese were kicking our asses and we were the laughing stock of the world. If Apple could make automobiles, we’d have a reason to buy American. See you stupid fuckers from Ford and GM, all it takes is a little genius and a lot of work to make a superior product. Apple’s success is a beacon of light in the middle of a very dark place for American industry and innovation.
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Fly is God and Obama is killing Grandma.
If not with Healthcare-Death-Panel, then with the GOP approved methods of the Fed…
You can thank Steve for making heath care relevant as well. How many experimental drugs have been tested on him to keep him alive. It has all been worth it to AAPL holders. Bodes well for the rest of us that can afford that level of care.
I agree. Tremendous accomplishments. This is long, but mandatory for any young person to hear. Many hear, few really listen, very few act.
http://www.youtube.com/results?search_query=steve+jobs+commencement+speech+stanford+2005&aq=1&oq=steve+jobs+commencem
fucking idiot Philly Fed
Seize the Philly Fed!!!
One has to wonder if the Fed is trying to help the poor or the rich.
No wondering about it.
I think Ford(F) has turned things around. Its already producing the best cars in the industry.
You are out of your damn mind.
yes your deluded. guess you have never driven a mercedes
back to 50% cash,,lockin gains,,,,sold wnr clne,ge,leap, i may have sold wnr early,,,but great gains thanks to the FLY,
Apple = design and engineer the thing in California, have it manufactured in China, bring it back here and sell it.
The Gov’t is going to use the $100 tomato to kill off senior citizens saving Medicare and Social Security billions in the process…thinning the herd.
Someone had to say it…
>>Coupled with their zero interest rate policy, one might surmise the Fed is intentionally trying to kill senior citizens.<<
Clearly, Bernanke has decided that he can concurrently make stocks go up AND "solve" the "medicare problem"!
Look at TIBX, will be an acquisition target for quite some time.
My upcoming vacation is getting cheaper by the day.
Steve Jobs has been bar none, the most under appreciated CEO or creative mind ever.
May he live a long life.
Apple has engineers and artists running the company. The other asshat companies like Micreauxsoft and RIMM have businessmen running the place. And terrible businessmen at that.
Jobs 2012
Do what you love, stay hungry, and eat $100 tomatoes.
-Steve
Time to start planting Saskatoon bushes instead of cedars.