The insanity continues

Posted on 19. May, 2013 by .

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SAN FRANCISCO | Sun May 19, 2013 4:36pm EDT (Reuters) – Yahoo Inc’s board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer’s largest deal since [...]

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George Soros’ Latest Moves Suggest Tech Stocks Are In And Financial Stocks Are Out

Posted on 19. May, 2013 by .

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  Surveying the latest stock transactions of billionaire George Soros, observers would have to surmise tech stocks are in and financial stocks — not to mention some industrials — are out. Soros went even bigger on Google (NASDAQ:GOOG) and bought into Netflix (NASDAQ:NFLX), Qualcomm (NASDAQ:QCOM) and LinkedIn (NYSE:LNKD), according to filings detailing his fund’s activity. [...]

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Jeff Gundlach: “We Are Drowning In Central Banking” | Zero Hedge

Posted on 19. May, 2013 by .

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Jeff Gundlach: “We Are Drowning In Central Banking” Submitted by Tyler Durden on 05/19/2013 13:15 -0400 Bill Gross Bond China Gundlach Jeff Gundlach Market Share None Quantitative Easing Trade Wars Last week, Bill Gross did not mince his words when he said that he now “sees bubbles everywhere” and that “when that stops there will [...]

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The Risk of Low Interest Rates

Posted on 17. May, 2013 by .

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This is an article from Briefing that I found interesting.  The conclusion is that low low interest rates are very good for investors.  That may be true but I think everyone knows there is no free lunch.  I’m not sure what the consequences of easy money and the Fed’s QE program are but it sure [...]

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S&P 1666 | Zero Hedge

Posted on 17. May, 2013 by .

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Submitted by Tyler Durden on 05/17/2013 16:08 Whoever orchestrated the last two hour closing ramp sure has a satanic sense of humor, opting to close the S&P at 1666 or exactly 1000 points above the “generational” low. A late-day desperation to buy-buy-buy, triggered by an avalanche of stops being triggered in the DAX futures market [...]

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U.S. Officials Deal Blow to Bitcoin – WSJ.com

Posted on 16. May, 2013 by .

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Bit coin bit the dust By JEFFREY SPARSHOTT And ROBIN SIDEL WASHINGTON—U.S. officials dealt a blow to the fledgling digital currency called Bitcoin, freezing an account tied to the largest Bitcoin exchange just months after regulators warned such entities should follow traditional anti-money laundering rules. U.S. officials dealt a blow to the fledgling digital currency [...]

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I believe this is today-

Posted on 15. May, 2013 by .

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In the dull run up to the Memorial Day weekend, and the official start of Summer, one piece of market moving news is the ritual of the Form F.  These are filings that reveal what the secretive and fabulously wealthy hedge fund managers have bought, sold and own for the previous quarter.  Unfortunately it’s stale [...]

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Headlines like this will make investors nervous Monday-Fed Maps Exit From Stimulus – WSJ.com

Posted on 11. May, 2013 by .

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Fed Maps Exit From Stimulus Timing of Wind-Down Is Uncertain, but Focus Is on Managing Unpredictable Market Expectations Article By JON HILSENRATH Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy—an effort to preserve flexibility and manage highly unpredictable market expectations. via [...]

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Billionaire Leon Cooperman’s Newest Favorites: A Focus On Mobile – Seeking Alpha

Posted on 11. May, 2013 by .

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  By Alex Oleinic Leon Cooperman is one of the most successful investors of our generation. He is the Chairman and CEO of Omega Advisors, a hedge fund with an equity portfolio of over $5.0 billion. Some of the largest holdings in previous 13Fs have been Sprint Nextel (S), American International Group (AIG) and SLM [...]

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Entrepreneurial events firm Summit Series acquires Utah’s Powder Mountain ski resort for $40m – The Next Web

Posted on 08. May, 2013 by .

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About an hour’s drive from Salt Lake City, lies Utah’s Powder Mountain. The once sleepy mountain town is about to be reinvigorated as a destination for the world’s most talented creators, artists, entrepreneurs, activists, philanthropists and musicians.After 5-years of hosting epic events for entrepreneurs including Summit Basecamp, Summit at Sea and DC10, The Summit Series team decided it was time to grow roots, [...]

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The first legitimate publicly traded marijuana company GWPH

Posted on 06. May, 2013 by .

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While doing my reading over the weekend, I noticed a company that went public last week that was strikingly different.  It’s GW Pharmaceuticals and I can definitively say this is the first legitimate marijuana investment I have seen.  There have been other penny stocks listed but this is actually an ADS listed on Nasdaq.  Oddly [...]

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Don’t miss the Salt Lake City Investment Survival Workshops

Posted on 05. May, 2013 by .

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We’re excited to announce the  next Investment Survival Workshop.  This is a great time to join us or forward this invite to someone who could benefit from this 90 minute free workshop.  No products or services are sold at these events.   Please join us either: Tuesday, May 7th  12:00 noon Spencer’s Steakhouse    255 S. West Temple – parking validated [...]

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