Since Tuesday morning, July 20th:
DOW up 517 points or 5.1%
SPX up 58 points or 5.5%
NAZ Comp up 136 points or 6.3%
TRANS up 428 points or 10.5%
Watch. Now everyone will turn bullish and the media will tell you how much better things are doing. In fact, the bearishness was so thick that hardly anyone on these boards was in anything but a hedge or in 100% cash…
Plus, the Administration looks done. Between being scared of Glen Beck and now the Wiki-leaks, don’t expect anything to happen other than damage control. It is amateurs on parade. That’s what you get when you elect a rookie. The markets love it…and don’t forget to watch the View on Thursday!
If you enjoy the content at iBankCoin, please follow us on Twitter
Now it’s time for hyperinflationists to start ranting like crazy
LOL, Scott, you couldnt be more dead on . the reason why the obama administration didnt reform the tort laws for malpractice insurance,which would have taken care of the whole healthcare “issue” in, and of itself was because, he was “SCARED”,that every attorney/ambulance chasers,would have filed motions up and down 1600 penn ave. so what kind of attorney is afraid of another attorney………….a rookie with absolutely no experience………….
I wish Obama would take on the Republicans like they attack him. Then we will have a great battle. I guess there are always the good guys and the bad guys. I hate to see you being a bad guy, though coz you do some good work.
I’m “being a bad guy”? I like politicians who do no harm…and my politics have little to do with my market juju…
Socia-whatever…
Get a clue and quit attempting to character assassinate Mr Bleier. This blog is about the market and what impacts it. Scott really shouldn’t even respond to such ineptitude and lack of understanding. Scott tells the truth of what is impacting the market today…..and political ineptitude(and blogging) has been coming to light recently….. even in the media (wow even in the left media…incredible!) which is why it’s brought to light on his most amazing and insightful morning show….good or bad…it’s the truth……………so don’t badmouth the guy for telling the truth…telling the truth doesn’t make you a “bad guy”…..it’s just like you and the rest of the left to cover up the truth….. and then call people names…….
I hope Scott publishes the next blog headline ..”For now, the Dem’s are done crushing the economy….Dow 14000 by November”…unfortunately they aren’t done yet….hence the “popularity show” and they’ll wait till everyone isn’t looking to pass the “Crap and Tax”, I mean “Cap and Trade” bill in the most underhanded way possible. I’m sure you’re shorting everything 3X for arrival of Dow 1000….have fun watching the View and throwing cheetos at your poster of Ronald Reagan.
With all due respect Scott, what did we get when we got a real “pro” like Bush?
On the contrary, this administration has given the Repubs a reaming. Only on FOX TV is your reality real. They’ve passed major legislation in the worst economic climate ever. They’ve been pro biz though no one gives them credit for it. Everyone complains that they bailed out the banks. Wake the f-up. yeah they did. And you should be glad.
You’re a great stock jockey. But that makes a lot people in your trade blind to political reality. What would you prefer. Permanent tax cuts on the top 1%?? Get real. This is as good as it gets.
BUSH & Paulson bailed out the banks! That isn’t even history its freakn current events…
Yes, you’re right. But they went with it and they have continued to support it. Imagine the political points they could score if they’d reamed the banks on coming in. Instead, GS gets a 550 mil fine. less than month’s work.