Supposed Pipeline Explosion Drives Oil Above $110 A Barrel, Reported False After Market Close
If a falsified report that a Saudi pipeline can drive oil over $110 a barrel, just imagine the repercussions of a full Iran-Israel conflict. According to the report that was later confirmed…
More Ads? Facebook and Twitter Stepping Up Mobile Coverage, And Revenue
Enjoy the unusually ad-free browsing of Facebook and Twitter on your phone? Not for long.. Both companies are adding an ad platform to mobile devices in the upcoming weeks (reaching 425 million…
Gambling Website Bodog Seized, Feds Indite Four Including Founder
A definitive direction in the grey area of online gambling, Federal authorities have taken an aggressive stance on Canada based gambling company Bodog. The website name was seized this past Monday…
Greece Steps Down And North Korea Takes The Stage
Interactions with North Korea are a bit of an unknown under the new leadership of Kim Jong Un, but the fourth largest military in the world is stepping into the limelight as Greece leaves center…
Hedge Fund January 2012 Results
The Dow Jones Credit Suisse Hedge Fund Indexes Performance data for Jan 2012 has been updated. Please visit our site at http://www.hedgeindex.com for further details. Dow Jones Credit Suisse…
Dominion…Apple Looking Up In Shanghai Trademark Case
A local court denied a motion to surpress the sale of the iPad in Shanghai due to a similar ongoing case in the Guangdong Province, allowing Apple stores to continue selling the product until an…
After Settling Fears About Liquidity, Sears Skyrockets
Looks like a lot of shorts are feeling the burn of a squeeze this morning as SHLD is up over 20% intraday. Reuters reported that Sears Holdings still has "substantial liquidity and strong assets"…
Must read piece on single family homes
I borrow from Gary Shilling in our Investment Survival Seminars. He was by far and away the most accurate prognosticator for 2011. Real estate investors would be wise to listen. Why Renters Rule…
IAEA Gets Nowhere With Iran Nuclear Talks
While Iran's willingness to reopen talks with the International Atomic Energy Agency about their nuclear program was a surprise, it seems that the motion was mostly for show. Several rounds of…