Insiders predict rally again
Insider buying versus selling has reached highest point since 2011, one again predicting with perfect accuracy a short term rally.
Goldman Sachs Abandons Five of Six 'Top Trade' Calls for 2016 - Bloomberg Business
Maybe this is why their stock in in the tank too. The markets are mostly about people with confidence taking money from those that lack it. Bloomberg Business delivers business and markets news,…
Here's What Executives Say About the Possibility of a U.S. Recession - Bloomberg Business
Executives across corporate America are being asked for their views on whether a recession is in the offing. Source: Here's What Executives Say About the Possibility of a U.S. Recession - Bloomberg…
AT&T $T Common stock soars to a 3 yr high while its credit defaults swaps rise by one third to about $1.1 million since December,
The annual cost of credit-default swaps on $100 million bonds of blue-chip telecommunications company AT&T has risen by one third to about $1.1 million since December, according to data from…
Portfolio holdings 2-5-16
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Why Mike Bloomberg Can Win - WSJ
I guess Mr. Bloomberg is running for President as an independent. When you announce publicly like he has that his "people are exploring a presidency run" that it means he has already decided to run…
To financial markets, the 2016 election will barely matter
I'd like to believe this but I don't. There could be big gyrations in stocks although it might not impact the overall indices. Not much will change, even if the wackiest candidate gets elected.…
Congress Tweet 'Unfortunate,' Lawyer Says as Shkreli Goes Online
If you haven't heard of this, you have been living in a shell. Shkreli is America's newest bad boy AND he is interesting and handsome and extremely bizarre. Martin Shkreli’s lawyer Benjamin Brafman…
Citi: 'We Should All Fear Oilmageddon'
I don't believe oil goes much lower although anything is possible. Oil stocks seem like they are stabilizing or diverging even a bit from the price of crude. That's probably the best indicator of…
Obama proposing $10-a-barrel oil tax to pay for clean transportation - MarketWatch
This would make perfect since if the tax was levied at foreign imports. Instead its designed to hurt a domestic industry already on the ropes. HS President Barack Obama is proposing a $10-a-barrel…