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Edgy has been tied up in the Bears' basement for the past week, looking at his TNA position and re-evaluating his life. Thanks to the TD Ameritrade server breakdown fiasco last Friday, I didn't know I was even in TNA until an hour and a half later.  At the time, I was up for a

As Wayne and Garth would say while playing street hockey, after a car drove by, “Game On!”  The Bear Trap I posted about a few days ago is over, and whatever-the-heck this market wants to do may now resume in whatever direction it will go.

Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has been increasing at only a modest pace in recent months despite some recovery in sales of motor vehicles

First let me start off by saying be careful not to jump on the "futures down big" bandwagon this morning when initiating short potions.  Instead wait for the market to settle and stalk you entries. DO NOT chase a gap down when shorting a stock.  This market could easily rally on some sort of Fiscal

      Ben Bernanke, IRONy MANFrom Speech before the National Economists Club, November 21, 2002http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm First, the Fed should try to preserve a buffer zone for the inflation rate, that is, during normal times it should not try to push inflation down all the way to zero. Second, the Fed should take most seriously--as

  Most traders (if not all) have a list of stocks that are consider their “go to” trades. At certain price levels these stocks just seem to “find a floor” or after big sell-offs these stocks “always bounce back”. It just always seems like no matter what, whether it be a profit or loss on

Chairman Ben S. Bernanke At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming August 26, 2011 The Near- and Longer-Term Prospects for the U.S. Economy Good morning. As always, thanks are due to the Federal Reserve Bank of Kansas City for organizing this conference. This year’s topic, long-term economic growth, is

So the Buffett donation to Bank of America (BAC) was quite an act, especially the deal that Uncle Warren got in doing so. But that really doesn’t carry much weight in comparison to the anticipation of the Jackson Hole Speech tomorrow from our other vocal Uncle Benny. In the mean time, I thought I’d give

After months of laying low in this blogosphere, I've decided to emerge in these trying times to share my latest creation..er recreation of some of the great stuff I've been reading.  Honestly, I was getting annoyed at the image sharing features of this blog, and just didn't feel like fooling with it.  Sorry I didn't

For immediate release Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected.  Indicators suggest a deterioration in overall labor market conditions in recent months, and the unemployment rate has moved up.  Household spending has flattened out, investment