It seems like there's no way of stopping gold from its upward march. Even with the stronger dollar today, gold surpassed $1,410 an once, setting a new price record. Clearly the market is nervous about the world economy and the dollar's viability, so it keeps pouring money into gold. As with everything else, at some — Continue reading »
Credit Card Replacement Game
📆 August 3, 2010
Every so often my bank cancels my existing credit card and issues a new one. This is such a big hassle. First of all I have no idea when I'm supposed to receive the new card and when I'm supposed to stop using the current one. Every time I go to make a payment there's — Continue reading »
Amazon Spoils The Party
📆 July 23, 2010
I don't know, maybe it's poetic justice or just karma that Amazon should report disappointing results tonight with earnings well below estimates. Why? After I was labeled a cheater and was terminated from the Amazon Associates program, I had hoped for a little payback. I certainly did my part by vowing never to buy anything — Continue reading »
Google Down, Apple Up, BP Plugs
📆 July 15, 2010
After missing the expected earnings and profits numbers, Google's shares are down 4% in after-hours trading. Apple's shares however are up by 1% in reverse sympathy. Google Android is beginning to look like a real contender for Apple's ubiquitous iPhone, so the companies are now regarded as serious rivals. Bad news for one parlays into — Continue reading »
More on Apple Stock Crash Prediction
📆 July 6, 2010
When I posted this blog entry about Apple crashing to $45 a share, I didn't expect the company that made that prediction, BAM Investor, to contact me about it. But that's just what the company did and I managed to have a phone chat with the company boss, JG Savoldi about his astonishing forecast. You — Continue reading »
Oracle to the Rescue?
📆 June 24, 2010
The market hasn't been feeling so well lately. Maybe it's the European crisis or the not so great news on jobs or the bad housing numbers or the gushing BP oil, or the brutal summer heat. It was yet another bad day with the Dow off 145 points or 1.4%. What the market needs is — Continue reading »
Apple to $45?
📆 June 21, 2010
According to this article, citing a previously unknown investment/research company, BAM investor, Apple could fall to as low as $45/share within a few months based on their technical analysis. Something tells me BAM investor needed a little publicity so they just dumped an outrageous claim on the wires and it received its due double-take. But — Continue reading »
BP Dividends in Jeopardy
📆 June 2, 2010
As stated in my previous post, that 9.2% BP dividend yield was just wishful thinking. Now comes the word that lawmakers want BP to suspend any dividend payments because obviously the company has gotten one hell of a liability to deal with and paying the shareholders instead of the victims isn't going to sit well — Continue reading »
Give a few Sats