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Blog Income and Traffic Report - April 2008

Blog Income and Traffic Report - April 2008

Man did April fly by. Guess that means it’s time for another quick blog income and traffic report, brought to you by the great people at Mario Kart Wii, because without it, wii’d be bored during the summer months.

Making Visa My Bitch

Making Visa My Bitch

Over the past few months, I’ve seen my portfolio whittle away to almost nothing. Granted, I started with practically nothing (in the market’s view) but still. After trading for nearly a year, I still have quite a bit to learn. However, some folks at thinkorswim have given me a task in order […]

April 30, 2008 - FOMC Cuts Federal Funds Rate 25 Basis Points to 2.00%

April 30, 2008 - FOMC Cuts Federal Funds Rate 25 Basis Points to 2.00%

The FOMC this afternoon cut the Federal Funds Rate and the Discount Rate by 25 basis points to 2.00% The following is the text of the FOMC announcement.

PPI Up 1.1%, Crude Hits $113.90 - Life Must Be Good

PPI Up 1.1%, Crude Hits $113.90 - Life Must Be Good

This morning, PPI and PPI Core numbers were released for the month of March. PPI came in at 1.1%, about 0.5% higher than estimates. PPI Core came in line with estimates at 0.2%. For a quick recap of PPI and PPI Core, here’s a link to the PPI homepage at the Department […]

General Electric Fizzles - Market Retest of Lows?

General Electric Fizzles - Market Retest of Lows?

General Electric (GE) reported earnings this morning, missing analysts estimates by 7 cents (44 v. 51 estimate). While an estimate miss is never great, lowering yearly estimates can be a sign of slower times. In this case, with GE being the 4th largest, multi-faceted company, any reduction in estimates can be described as […]