Stock futures are mostly flat. Apple is still hungover from yesterdays decline, and can we blast through record highs yet again today... but perhaps hold the gains this time around? Here is some of what I am reading this morning:
Tag Archives: stocks
Morning Reads – Wednesday 9/3/14
Bubble Bobble
Back in 1986, when celebrity nude photographs came in 16 pixels of black and white, a game called Bubble Bobble was released.
The game was a true hit and if you ever bore of slicing up fruit, or lining up fake candy all day long on your smart phone, I'm sure you can find a version of it online to play. Some 20+ years later the game still rings a bell in this old head of mine and it is a classic... we were just as good at making mind dumbing video games back then as we are today....... also the Bubble Theme seamlessly melds the stock market into focus. What better way to draw in some bearish eyes. "BUBBLE" forget the Bobble! Brilliant! I knew there was a reason I was writing about it.
Where Will The Selling Stop?
The markets got clobbered today with the S&P 500 down some 2% and small caps down even more than that. Guess what? Every dip since the March 2009 lows have been a great buying opportunity. Is this the dip that doesn't get bought? Are we on the precipice of a major market reversal? Is the trend now heading the other direction?