Stocks and Bonds articles

Apple HQ at 1 Infinite Loop.

Apple [AAPL] analyst claims iPhone maker likely ‘obsolete’

Apple [AAPL] analyst claims iPhone maker likely ‘obsolete’

WASHINGTON, July 24, 2014 – Another day, more nonsense, and heavy earnings reports en route. Stocks are up only a few points on all averages as of noonish today, making this just another summer doldrums afternoon on Wall Street. Likely bored with stocks’ meandering, the chattering classes spiced up the action this morning by trotting

Charles Ponzi, the original schemer. (Via Wikipedia)

Wall Street: Don’t cry for me, Argentina; plus Herbalife [HLF], Ackman fun

WASHINGTON, July 22, 2014 – Tuesday is proving to be an okay but fairly boring day for stock traders. It’s the peripheral activity that promises more fun. First of all, as we’ve reported elsewhere, a three-judge appellate court panel has just effectively trashed the bulk of Obamacare’s subsidy system, due primarily to the sloppy wording

SEC thinking of perp walks for HFT traders? (Image via Wikipedia)

U.S. confirms ‘rebels’ down MH17; SEC after HFTs?

WASHINGTON, July 18, 2014 – Evidence has accumulated to the point where the U.S. government is willing to claim that “Russian separatists” in Ukraine (i.e., the KGB or their hired minions) were responsible for shooting down Malaysian Airlines flight MH17, killing all aboard. That nasty riff on the disturbing Ukrainian situation was largely what put

Malaysian Airlines 777.

Stocks spooked by Malaysian MH17 crash, lousy housing numbers

WASHINGTON, July 17, 2014 – The Dow Jones Industrials got off the chocks not long after this morning’s opening bell, somewhat feebly attempting to break yesterday’s record high. But first, lousy housing numbers took the wind out of the market’s sails. Housing starts fell “unexpectedly” in May. Who knew? Then around 11 a.m. EDT, news

Gold bullion bars. (Via Wikipedia)

Secret bear cartel sledgehammers gold down over 2 percent

WASHINGTON, July 14, 2014 – Funniest lede of the day, from Bloomberg: Gold headed for the biggest decline in almost seven months as Portuguese banking concerns eased and equities advanced, diminishing demand for haven assets. Why funny? Because Japan’s Nomura Securities is reportedly threatening further legal action against Portuguese Banco Espirito Santo today, putting that

Wells Fargo branch bank in Berkeley, Calif.

Stocks look to rise from Thursday’s early market crash

WASHINGTON, July 11, 2014 – As we indicated in yesterday’s opinings, Thursday morning’s Wall Street market opening was a nasty bloodbath with the Dow waterfalling down nearly 200 points. Fortunately, this bearish blast didn’t prove to be a record-breaking one. Bulls gradually gathered their senses about them and fought trench warfare against the morning collapse,

Wile E. Coyote vs. market.

U. S. stocks set to crash, big time, at Thursday’s opening bell

WASHINGTON, July 10, 2014 — If you’re in the market at all, there’s little to do but wring your hands this morning as your portfolio tanks, at least right at Thursday’s opening bell. As of approximately 7:45 a.m., Dow futures were off a colossal 138 points. The broader-based S&P 500 futures are off a whopping