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Week Ahead 6-14-2010

on 06 14, 2010 | No Comments

Week Ahead 6-14-2010

The markets have made a great run as predicted in last week's article. The problem is that there was really no supporting news or basis for the market to do what it has done. In fact, the market wen

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Bank Closings

on 06 12, 2010 | No Comments

Bank Closings

This week we only saw the FDIC close one bank, Washington First International Bank, with $520.9 million in assets and $441.4 million in deposits.  We can not take one week of only one bank being cl

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SKF – Proshares UltraShort Financials

on 06 10, 2010 | 2 Comments

SKF - Proshares UltraShort Financials

To see how we traded it login on right: Details will appear below! Update 8/20/2010 10AM Since our last update, the ETF has sold off to slightly above $19 and rallied back to $22.5 today.  The

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Medicare RAC Program – They can easily fix their mistakes

on 06 9, 2010 | No Comments

Medicare RAC Program - They can easily fix their mistakes

In a follow up to last weeks article on our fragile medical system I found some very interesting news about the Tax Relief and Health Care Act of 2006.  It seems that Medicare has had the ability t

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Week Ahead 6-7-2010

on 06 7, 2010 | No Comments

Week Ahead 6-7-2010

Last week brought on the unemployment report that sent the market into a tailspin.  I had seen reports that were expecting the over hiring by the census to create at least 500,000 false jobs.  Y

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Fragile Medical System Ready to Break

on 06 2, 2010 | 1 Comment

Fragile Medical System Ready to Break

I wanted to inform everyone of the fragile medical system that we are facing and the potential catastrophic consequences that will arise if Congress does not act quickly.  For the third time Congre

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Week Ahead 06-01-2010

on 06 1, 2010 | No Comments

Week Ahead 06-01-2010

Week Ahead I hope everyone had a relaxing Memorial Day. Thank you to all of the veterans and their families for all of their sacrifices. Even though our markets were closed here, the res

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Week Ahead 05-24-2010

on 05 24, 2010 | No Comments

Week Ahead 05-24-2010

Banks, Euro, Gold,  Oil, and China The FDIC closed down Pinehurst Bank, Saint Paul, MN last week bringing the total this year to 73.  Our government and Federal Reserve have given the banking s

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Euro Bailouts, Hopes and Dreams

on 05 21, 2010 | No Comments

Euro Bailouts, Hopes and Dreams

The European bailout is merely a very large number that was thrown out there in the hopes it would add some credibility and assurance for investors.  Not one of those countries can afford to put up

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Trading Volatility

on 05 13, 2010 | No Comments

Trading Volatility

The CBOE Volatility Index jumped to over 40 last week with the drop in market. I have been a buyer for many months. I never predicted a 1,000 point drop, but it is very clear to see that if the mark

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