January 2009

The dollar likes the proposed stimulus plan and is moving higher again today. We when wrote about the dollar back on August 4th the PowerShares DB Dollar Bullish ETF (UUP) was trading just under $23 per share.     That ETF hit a high of just under $27 back on November 21st.   While it then came off its highs to the mid-$24 range, the UUP has firmed back up and is back above $25.    ... read more

Apple CEO Steve Jobs directly addressing the persistent rumors about his health which have moved Apple (AAPL) shares lately.   Here is the letter he sent out: Dear Apple Community, For the first time in a decade, I'm getting to spend the holiday season with my family, rather than intensely preparing for a Macworld keynote. Unfortunately, my decision to have Phil deliver the Macworld ... read more

Get ready for bigger government.   Much bigger. President-Elect Barack Obama today give his weekly radio address.  It was primarily aimed at the economy (and strangely silent on Israel/Gaza) and again discussed the massive government growth plan that is coming down the pike. Here is the key paragraph: That’s why we need an American Recovery and Reinvestment Plan that not only creates ... read more