Gurus Ring the Bell Ahh, the newsletter crowd is getting bullish. My inbox is full of stock-picking gurus saying now’s the time to be bold and buy stocks. Fear is rampant, they say. Distant relatives are calling in the wee hours asking for advice. The VIX is at an all time high. 59% of respondents...
Posted to
Growth Report
by
Ian Wyatt
on
10-07-2008
Filed under:
Filed under: Growth Report, Ian Wyatt, FOMC, Fed, interest rates, Bernanke, unemployment, warren buftett, PIMCO, Bill Gross, General Electric, Bank of America, Victor Sperandeo, Trader Vic, Intel, Alcoa, Verizon
Paulson Asset Management, LLC So now the Treasury has a massive $700 billion bailout plan on the table. The idea is to create a government agency to deal with bad mortgage related debt, sort of like how the Resolution Trust Corp. (RTC) dealt with $394 billion in assets of failed banks during the S&L...
Posted to
Growth Report
by
Ian Wyatt
on
09-24-2008
Filed under:
Filed under: Growth Report, Ian Wyatt, short, Fed, Bernanke, Freddie Mac, Fannie Mae, jim rogers, paulson, MLP, AIG, Silverado, PIMCO, Putin, Lincoln, Treasury, Yukos, RTC, Bill Gross
Big Oil and Big Brother Google I hope everyone enjoyed their long weekend. I know I did. But I’ll also freely admit – I always look forward to getting back in to the office after a holiday. The financial markets are the most dynamic of beasts. They give you something new and different to...
Biotechs: An Expert Opinion Bio-tech stalwart Amgen (Nasdaq:AMGN) crushed earnings estimates Monday afternoon (July 28) and raised guidance to boot. The stock was up 4% on Tuesday. Most biotech ETFs were up 1% or so in response. That lends a little credence to my recent discussion, I suppose. The two...