Recent content by Financial Saint

What Bernanke had said today we can sum it up in one small sentence: Economy is coming back up and is passing the stars and it’s coming towards the moon. My personal opinion of chairman Bernanke is that he is the student of past chairman Greenspan and he is doing very similar things what...

Hi guys, how about starting a poll on a weekly basis based on the number of Obama TV appearances during the week. Open to any suggestions in regards to the rules and adding other variables like duration of the speech and weather the market is going to go up or down after the completion of the...

This is not a post about whether China is buying or selling Euro debt or currency, but is about: can we trust anything that comes out of China. China is still a communist country. It is run by a socialist communist party, which 300 of their top members run the entire country. The corruption...

Top 100 hedge funds usually hire PhDs in mathematics, physics and computer science from MIT. Well all of those MIT students are taught from the same professors, so for that reason pretty much all of them have the same knowledge and the result of that is that they build the same type of...

Tomorrows average expectations for Non-Farm Payrolls are around 175K. I think that’s too low and the reason why is because (ADP) private employment change came in at 32K, plus the US government said that they have higher about 200K census workers for the month of April. The only problem to...

Great news! New home sales in March are up 103K from February which was the lowest month ever in the new home sales. Again most of these houses sold are $250K and under. Great number, looks like the economy is starting to grow and all the stimulus they had put in is working. The only problem I...

According to Associated Press; Sales of previously occupied homes rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million last month, the highest level since December, the National Association of Realtors said Thursday. February's sales figures were revised downward slightly to...

Today’s news on Goldman which has brought all the markets down it’s not the actual reason why the markets are down. The real reason why the markets are down is because they got caught, which they never expected to get caught (all the senior traders and brokers knew about this, so this is not...