All Posts Tagged With: "Fed"
Apple Investors, the Fed Put a Tourniquet on Financials
S&P 500, Dow and Nasdaq Futures got a charge over the weekend. It seems that the US Treasury take-over of Fannie Mae is going to be well received, if not with some apprehension. Sure they will rescue Fannie and Freddie from going belly up, but at what cost to tax payers? Some say $100s of billions. If [...]
7Sep2008 | Zach Bass | Comments | Continued
Fed Lights Fuse Apple, Market Explode
After last night’s earnings catastrophes among Apple (AAPL), Sandisk (SNDK), Texas Instruments (TXN), American Express (AXP) and others, all seemed lost in the market. It started an after hours chain reaction, stock after stock breaking down. What would become of all the good work leading up to this point? I mean we had good market internals, Oil was [...]
22Jul2008 | Zach Bass | Comments | Continued
