Monthly Archives: October 2011
Ford motor Company Earns $1.6 Billion; No Word Yet on a Dividend
WellPoint Inc. Beats The Street and Guides Higher
Mortgage Applications Grew After a Terrible Decline
Rate Cuts Expected in Australia as Inflation Grows Slower Than Expected
William Pesek: Crisis of 2012 May Be Harder on China Than U.S.
Oil Moves Higher on a Possible China Stimulus Package
Over a Third of Thailand is Flooded
SAP Net Doubles on Lower Provisions
Gold Marches on After Yesterday’s Huge Upside Gain
Russian GDP Grows 5.1% on Domestic Consumption
Seems like the BRICS, maybe not India, are seeing healthy development of domestic consumption.
Comments »Do You Realize the Europeans Have Met 14 Times in 21 Months to Haggle ?
Seems like if the markets are in serious pain then Europeans do not act; oh wait i meant they do not speak of acting firmly.
Comments »Asia Pares Losses, Europe Trades Mixed, and U.S. Futures Trade Higher
{VIDEO} HERMAN CAIN DOES IT AGAIN! ANOTHER QUIRKY AD
Endearing or Egregious? Decide for yourself.
Direct YouTube Link Click Here
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[youtube:http://www.youtube.com/watch?v=dSlC7BxmSqY&feature=player_embedded#! 550 412] Comments »Very Low SPY Volume at New Intermediate High
From Quantifiable Edges via ETF Prophet:
SPY volume came in at the lowest level in over a month on Monday. Very low SPY volume when the market is at or near highs is often a bearish sign. A few studies related to this appeared in the Quantifinder this evening. I decided to examine the combination of a 20-day low in volume combined with a 50-day high in price.
Read the rest here.
Comments »Opinion: What Does Occupy Wall Street Want?
Former Goldman Sachs Director Expected to Face Criminal Charges
Federal prosecutors are expected to file criminal charges on Wednesday against Rajat K. Gupta, the most prominent business executive ensnared in an aggressive insider trading investigation, according to people briefed on the case.
The case against Mr. Gupta, 62, who is expected to surrender to the authorities on Wednesday, would extend the reach of the government’s inquiry into America’s most prestigious corporate boardrooms. Most of the defendants charged with insider trading over the last two years have plied their trade exclusively on Wall Street.
The charges would also mean a stunning fall from grace of a trusted adviser to political leaders and chief executives of the world’s most celebrated companies.
A former director of Goldman Sachs and Procter & Gamble and the longtime head of McKinsey & Company, the elite consulting firm, Mr. Gupta has been under investigation over whether he leaked corporate secrets to Raj Rajaratnam, the hedge fund manager who was sentenced this month to 11 years in prison for trading on illegal stock tips.
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