Obama

Shire Shares Slump 22%

Oct 15 2014 @ 13:47
The ongoing dramatics involving the potential acquisition of Shire (LSE:SHP) by AbbVie (NYSE:ABBV) has given Shire’s share price a punch in the solar plexus today, making it the FTSE’s biggest loser on the day. Not only has the wind been knocked out of Shire’s sails, but there may be a storm brewing on the horizon. […]
 

Magnolia Petroleum talk Q3 results

Oct 14 2014 @ 14:52
Quarterly Operations Update for the Period Ended 30 September 2014 Magnolia Petroleum, an AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and […]
 

WARNING: Obama, Yellen Ignoring the Rules

Oct 03 2014 @ 10:44
I’ll admit it right from the start. I found a way to use “Obama” in the headline to grab your attention. But, just because I used a cheap, journalistic trick doesn’t mean that you shouldn’t keep reading. There is something very dangerous going on in the White House and at the Federal Reserve (not to […]
 

NASDAQ Hits 14-Year High

Aug 18 2014 @ 16:05
The last time the NASDAQ closed higher than 4,500 was March 2000. That’s more than 14 years ago. That was before 9/11, before the fall of Saddam Hussein, Muammar Gaddafi, or Osama bin Laden. It was before the sub-prime lending crisis and the bank bailout. It was before Facebook was born, and even before an […]
 

GKP Investors Fearful of Further Fighting

Aug 07 2014 @ 15:06
It was just three days ago, Monday, 04 August, that I wrote about Kurdish oil producers shares falling as the militants of the Islamic State had taken new ground in northern Iraq, include control of the countries largest dam on Lake Mosul. Continued advancement, now eastward, by the militant troops is quickly eroding investor confidence […]
 

Is Obama Admin Out to Get Elon Musk?

Jul 16 2014 @ 10:04
You have got to wonder if the Obama administration is out to get Tesla (NASDAQ:TSLA) founder Elon Musk. Following remarks by Fed Chairwoman Janet Yellen, Tesla’s share price plunged to 219.58 from it’s previous close of 226.45 on 14 July. It may be difficult to prove that Yellen’s ineptness caused the significant reduction in the […]
 

US Economy Everyone's Fault But Obama's

Jun 25 2014 @ 17:36
The U.S. economy suffered a 2.9%  decline in GDP during the first quarter of 2014. Whilst that statement on its own is bad enough, it is even worse when we understand that it is  the worst quarterly performance since the first quarter of 2009, which, by the way, was the first quarter of Barack Obama’s […]
 

Can Anything Good Come Out of Iraq?

Jun 17 2014 @ 11:18
Whilst the general populace looks upon the current unrest and atrocities in Iraq, the financial markets are reacting, not with the horror of the general public, but with concern about the potential value of their investments. In no way do I mean to make this sound like the financial world has no heart. I am, […]
 

Dow Hits Record High - I Didn't See That Coming!

May 01 2014 @ 10:24
My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]
 

How Will Weak US Economy Affect Us?

Apr 30 2014 @ 10:03
There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]
 
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