Bubba’s Take »
HP Makes a Big Combeack; Shares Surge!
After the close of business on Wednesday Hewlett-Packard announced that the turnaround plan that has been in place since Meg Whitman was rehired to run the company is falling into place. The shares surged
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Big Ben’s Congressional Testimony Lights Up The Board!
On Wednesday morning Ben Bernanke gave his annual testimony before Congress. His prepared statements were released prior to his testimony and he said some things that the bulls were looking for. Primarily that the
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Apple Inc Does It Again: This Time With A Pen!
Apple Inc. has found a new way to make billions of dollars. A company with a treasure trove of over $150 billion in cash is proving the old saying that the rich just keep
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It’s Not A Law Yet, But Govs Spend Internet Tax Dollars!
Anytime that a states treasury can see a possible new source of revenue without doing anything to you know that they are going to jump on that bandwagon. Even though the proposed internet sales
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Deflation Is Still A Problem That Could Derail The Train!
Even as the US equity markets continue to record new highs each week and it seems like that there can’t be an end to this time of growing prosperity some sobering numbers are being
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California Runs A Budget Surplus: Pols Want To Spend It!
Just when you thought the Pols in California couldn’t possible get dumber it happened again yesterday. Through some miracle of fuzzy accounting and a sudden surge in Silicon Valley the state announced that it
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Will Washington Make $445 Billion More Than Expected?
Funny accounting numbers and the Pols in Washington go hand in hand. I doubt that you will remember this but in the 2000 presidential election the candidate’s debates actually focused on what they were
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This Is What Happens When Traders Can’t Find Yield!
Investors are constantly looking for yield. They roam the worlds markets for the next great idea, if they can’t find one usually the guys on Wall Street will come up with an idea that
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Will Tarp Finally Payback The American Taxpayer?
In the gloomy fall of 2008 when the US and world financial system came under the greatest strain since the Cotton panic of 1837 the pols came up with an idea to save the
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Where Have All The Houses Gone?
Turn the clock back three years ago and the inventory of unsold houses was at a seventy year high. If you put a house on the market you could expect that it would take
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