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May 9, 2012
Tim Connolly


BREAKING NEWS — FROM TIM CONNOLLY

From Politico.com;

CEOs: Don’t raise taxes on dividends

'We fail to see the administration’s rationale' for the major change, the authors write.

By 18 CHIEF EXECUTIVE OFFICERS

Dear Secretary Geithner:

Three and a half years have passed since the start of the financial crisis, and economic recovery is finally taking hold. We are concerned about a specific part of the Obama administration’s fiscal year 2013 budget proposal — increasing the tax rate on dividends and capital gains — and the adverse effect it will most likely have on our economy and job creation.

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Marilyn Cohen: Founder & CEO -
Envision Capital Management, Inc.
(www.envisioncap.com)

Take the Weaver Stance

If you watch police, espionage and war films, then you have seen the classic Weaver Stance for pistol shooting.  Los Angeles Deputy Sheriff, Jack Weaver, developed the Weaver Stance in 1959.  You remember--the stance presents a crouched shooter with feet spread and a two-handed grip on the pistol.  It is far more stable and accurate than the old hip-shot technique.

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Jan Vandersande: Income Strategies

WEEKLY COMMENTS for WINNING STRATEGIES- by Jan W. Vandersande

Weekly Commentary on the Stock Market and the Economy:

          What are cycles and technical indicators saying now ?

During the past four months we predicted (plus or minus a few days) in advance all the tops and bottoms in the market. We have been expecting a rally into the important longer term cycles in late-May/early June and the high came in on May 31 (the high was a lower high than the highs made on May 2 as predicted). The market has sold off very sharply since making that high. The next intermediate cycle is now in late-June/early-July and we believe that the current rally should make a high in this time frame. The rally could continue (or hold up at these levels) for a few more days because the end of the quarter with the usual institutional window dressing (to prop up stock prices so their portfolios look good!!) is on Thursday.

 

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Wayne Allyn Root: W.A.R. Strategies

ROOT: Obama’s bailout plan goes bust

Teetering Greece demonstrates the failure of government spending


Poor President Obama. Despite all his efforts, or maybe because of them, the U.S. economy keeps crumbling.

But to be fair, government is a failure everywhere. Exhibit A is the big fat Greek bankruptcy. Have you heard? A Greek tragedy is unfolding - again. Greece is bankrupt and insolvent - again. Government thinks it can save Greece with taxpayer money - again. And the more money poured into Greece by the European Union, the International Monetary Fund and central bankers, the worse it gets. The Greek gross domestic product is going in reverse. The economy is crumbling despite hundreds of billions loaned by government only a year ago. Now it’s time for Groundhog Day - again.

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John Merrill: ETF/Fund Strategies

The U.S. economy continues to show strong cyclical strength that should last well into this year.  The economy may decelerate to more moderate growth later this year or in 2011.

The cyclical bull market continued after an 8% correction in January and early February.  Corporate America is in very good shape with strong balance sheets and improving earnings and revenues. (more)

Gary Cella: Under the Hood

AIG, The Pay Czar And Other Silly Things...Well, well the Wall Street Journal reported recently citing "unnamed people" (Why are they always afraid to be named?) that AIG head Robert Benmoshe is going to quit, take all his marbles and go home...(more)