Posts under ‘news’

The Smarties candy commercial is on. There’s blue ones. There’s yellow ones. There’s red ones. I just like how they got a bunch of young people to sing parts of the same song in their own different style. It’s a catchy tune. originally performed by Sly and the Family Stone called “Everyday people”. We are [...]

I don’t know about you but when the president of the United States starts telling everyone that they should be buying stocks you have to wonder. If Warren Buffet was wrong just a few months ago when said the same thing and the market began to unravel last November, why should we listen to Obama [...]

18 billion dollars worth of trouble. Late last week I received a letter from HSBC advising me that the interest rate on the line of credit they offered me was going to jump up to prime plus 3%. Originally it was supposed to be prime plus 1 for the life of the account. Times have [...]

Now that the American Banks (and companies) have all announced further losses, more huge job cuts, closures and scandals, one can only assume that the asian markets will be hurt just as bad. Japan has already announced the same due to their heavy dependance on foreign sales and exports. It’ll be back to the 90’s [...]

So everyone by now has probably already heard of Nadya Suleman and her octuplets. This in addition to the six other children she already has bringing the total to 14 littles ones all for the tax payers to foot the bill for. She has a fifty thousand dollar outstanding student loan, receives food stamps between [...]

Obama’s move to limit salaries and bonuses for companies receiving taxpayer funds seems like a no brainer in the political popularity game and one wonders why it was never put in place in the beginning. Why are such high salaries expected by executives when they’ve allowed their companies to get into so much trouble. One [...]

Last week I sold the BAIDU $120 JAN 17th PUT OPTIONS just a couple of days before they expired for a tidy sum. I averaged approximately 50%. Option contracts expire on the third friday of every month. My goal was to only trade them. I had no intentions of exercising them even if they were [...]

This blog entry is just about four years too late. So while you are reading this, please pretend that you are back in 2005. I didn’t realize this until the other day but thanks to YouTube, one of my all time favourite bands consisting of Bono, Edge, Larry Mullen Jr. and Adam Clayton was inducted [...]

Many people have made fun of George Bush over what has come to be known as Bushism. That is his botchery of the english language. Here are some of his famous quotes throughout the years.
-”The fact that they purchased the machine meant somebody had to make the machine. And when somebody makes a machine, it [...]

I was waiting for this to happen. After the recent market rally during new years, I knew that eventually reality would set in and people would soon see the light. The dark light that is.
Looking at the chart below you’ll see that this morning at the opening bell the share price of Chinese search engine [...]