OCC and OTS Mortgage Metrics Report Q3 2009 This report is the latest release from the Office of the Comptroller of the Currency and Office of Thrift Supervision on the mortgage industry and the stats on the performance. It is a great report that...
VIX Is Low There is an old saying on Wall Street that when the VIX is high you buy and when its low you go. For those unfamiliar with the VIX index it is the ticker symbol for the Chicago Board Options Exchange...
Alcoa Earnings Preview Alcoa kicks off earnings tonight. Obviously the industry that Alcoa falls into has been red hot as of late with the falling dollar. It will be interesting to see what the numbers look like. Below...
Shadow Inventory Put At 1.7 Million in 3Q A study done by First American Core Logic released by CAR (California Association of Realtors):
“Shadow Housing Inventory” Put At 1.7 Million in 3Q According to First American CoreLogic.
Summary:
As...
Will History Repeat? If so, SPY @ $52 A lot of happy people out there... or so it seems. The green shoots have bloomed into amazing profits at banks and a 60%+ rally in the market from the dark lows. I'll admit I've been a happy camper...
If you need a new drinking game for the weekend just watch this interview below and have a drink when he says “bottom line” or if you really want to party have one whenever he says “bottom line” or “ok” ..
This interview is classic and filled with delusional golden nuggets such as he is “111-0 in the stock market”… whatever that means. And a list of all his hugely successful companies that when questioned about are only in the launch phase but all this will ultimately lead to him “living the dream” a year from now. I love how he calls out Donald Trump saying, “hasn’t he filed for bankruptcy 6 times?” .
Lenny … wake up and stop babbling… You’re filing for bankruptcy and everything around you really isn’t yours… its the banks… and that is the bottom line slugger.