Fed Up With Fed Talk

 | Aug 15, 2014 | 12:54 PM EDT
  • Comment
  • Print Print
  • Print

Maybe people want you to lose money? Maybe there are people who like you to get defeated by play action? It looks like a run, they sell you the run -- which is that it's the Fed and the central banks behind everything -- and then they pass it, the pass being Ukraine-Russian tensions?

I write it like this because you have to take one look at the tape to know that the Ukraine-Russian war is impacting the market much more than a static Fed that doesn't just sit there and act as if it is about to run the ball.

It is irritating for those of us trying to help make you money to hear that the real reason for everything positive and negative is Fed euphoria coupled with steely-eyed reasoning that the Fed's not really helping when what's really happening is the Russians are sending some humanitarian convoy coupled with peace talk from Putin, which then sends the market up, and then we discover that there's Russian incursions elsewhere, which sends the market down.

It's time to show the ideologues who peddle this nonsense a real blitz and even a safety because they truly are on the other team, the one that wants you to lose money and elect libertarians and Tea Partiers who would roll us back to Herbert Hoover if they got the chance. Hmm, maybe he's their coach, with Ted Cruz as offensive coordinator? Or perhaps he's the Lombardi of these guys.

I am from the Al Davis school. Just win, baby!

Columnist Conversations

we still like this trade but need some more time on it. SOLD WDC JUL 87.5 CALL AT 5.40 (in at 5.85) BOUG...
Impinj ( $PI) is still forming a bull flag. Holding up just fine, and 27% of float is short. This is a powe...
stellar numbers and the stock continues to attract buyers, it's now in the fat tail and this could go for a fe...
General Electric's outgoing CEO Jeff Immelt had some choice things to say at an event in NYC on Thursday ...



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.