Robert Weinstein's blog
Lower Economic Forecast for Remainder of 2012 - Low Employment and Obamacare Slow Growth
While the Patient Protection and Affordable Care Act (ACA) Was passed before the Administration and Congress knew how bad the economy would be in 2012, They are (especially the Administration) making no efforts to repeal it in light of overwhelming evidence the economy will continue to suffer as a result.
Earnings Preview: Fastenal Company Reports Thursday
Notable Tuesday Morning With Dell, USO, FB, FCEL
Dell closed yesterday with a TDCombo 13 on the daily chart. Upside with Dell is currently low at approximately $12.60 based on the nine day moving average. I will wait for further weakness to enter into a long position.
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Shorting Gold and covering Facebook long
I have been busy writing and setting up the new chatroom software so I have not updated as much as I should. My wrist issues continue to be an issue as well.
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Looking at today's trading action
I shorted Facebook (FB) $26 June puts yesterday near the close at 80 cents each. I will look towards late morning to cover, hopefully 50 cents or lower. A nice pop higher will help.
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Dell Dumps On Earnings In After Hours, Facebook Continues To Move To Fair Value (lower), and Gold Breaks Three Day Streak
TheStreet.com Live Blog For facebook $FB has almost 7000 people in it
Wow, The live blog at TheStreet.com is packed. I am a panelist for the room and the number of people entering is climbing 100 every few minutes. I just posted 5000, but that is sooooo five minutes ago. knocking on the door of 7000
Totally insane and the place you want to be to feel the pulse of what people are thinking.