Archive for January, 2009

• Weekend Linky Dinks
  UpsideTrader, January 31st, 2009 at 12:46 pm, Comments: 0

  The Dow Jones closed right at 8000.86, so don’t ever tell me technical levels are not respected and watched. Another horrible week and I will discuss it more in the newsletter that will be published later. Here are some links.
  Porkulus or Stimulus?
  …and a 40 year wish list
  So goes January goes the year?
  Roubini sees global doom, [...]

• Pork Me Baby
  UpsideTrader, January 30th, 2009 at 6:50 pm, Comments: 0

• GDP Was Behaved-I Guess
  UpsideTrader, January 30th, 2009 at 8:43 am, Comments: 0

  GDP came in at 3.8% against an estimate of 5.5% and a whisper number that was as high as 7% and futures have gone from down to about flat on the report. Bernie Marcus opined on CNBC this morning that the “stimulus plan” is now only devoting 5-10% to infrastructure, the original allocation was supposed [...]

• One Day Wonder and a Breakdown
  UpsideTrader, January 29th, 2009 at 5:50 pm, Comments: 0

  I warned that this could happen on Tuesday night, Was it a one day wonder? We will find out.

• Will "Porkulus" Save Us?
  UpsideTrader, January 29th, 2009 at 6:46 am, Comments: 0

  The debate has begun between the Republicans and the Democrats and the Keynesian’s and the Supply Siders about the virtues of the stimulus plan. It’s great theater but at the end of the day it will get passed. I’m all for putting paddles to the heart of the economy, but please don’t tell me that [...]

• Good Banks, Bad Banks and Stimulus Plans
  UpsideTrader, January 28th, 2009 at 8:57 am, Comments: 0

  One thing I know, is that the remainder of this week will be a wild one. If the market can’t rally off all of this “positive” financial news then it never will. The shorts are running for cover as the government tries to heal the sins and excesses of the past with bank bailouts and [...]

• The Financials- FAS
  UpsideTrader, January 27th, 2009 at 8:12 pm, Comments: 0

  The financials could be giving us the short of a lifetime.

• Sideways
  UpsideTrader, January 27th, 2009 at 5:02 pm, Comments: 0

  Nice to know Citigroup took delivery on their new corporate jet as their bid collapses and they puke up toxicity on a daily basis. Don’t feel bad-you have warrants.
  Today was as choppy as choppy gets and the financials actually held their bid without having their underpinnings collapse. I can only hope and pray that they [...]

• Davos Should Solve Our Problems
  UpsideTrader, January 27th, 2009 at 7:13 am, Comments: 0

  World leaders will converge for some skiing, cocktails and good eats next week in Davos, Switzerland. Corporate big wigs will opine the worlds challenges as they really just grab a break from all the problems in their own backyard. It should be a classic case of misery loving company, as none of them are immune [...]

• Earnings Tomorrow
  UpsideTrader, January 26th, 2009 at 10:20 pm, Comments: 0

  A big week of earnings is in store this week, about 600 reports. It’s that wonderful time of year when analysts from all walks of life get to be completely wrong and off point. They have been so bad for so long, so this week should be a toot. There may be some window dressing [...]