June 2008

Another theme park ride in Georgia. Another accident.  This stock (SIX) is hardly a top performer, and it doesn't help they've been given another dose of bad press. The stock closed above $1.  Talk about life support for this company, they need help stat!  They've been lowering tickets prices, in fact at Six Flags Hurricane Harbor in North Texas, it is $24.99 to get in.  But any parent knows ... read more

Get ready, one report out this week warns of 7 bucks a gallon, with oil prices hitting 200 dollar by 2010.  (I had to read the year twice, because I can't believe it is already 2008, where does the time go.) In the analysis done by CIBC World Markets they also talked about the "body blow" to the auto industry. When gas prices hit $7 per gallon that will make driving a car too expensive for ... read more

Does anyone feel the need for a reality check?  I am mostly a positive person, not to the point of Pollyanna, but I am positive.  Turns out there are "a lot" of positive people out there.  Scott Rasmussen was on today talking about his latest poll.  Only 9 percent reported their home was worth less than they paid for it.  I questioned him on it, and he said "look, they might have bought four ... read more

We are going to see many more of them. Not the common thug or the drug lord, but Wall Street executives. This was my best guess on today's 12pm show: "Let the prosecutions begin......The public is thirsty for heads to roll and someone to blame for the credit crunch and the mortgage meltdown. Federal and state authorities are conducting independent investigations, and there will be a late ... read more

I'm sitting here watching the Dow, and trying to figure out if I actually care or not.  Seriously.  I don't like seeing us so close to that level, the psychological level we talk about, but I am also looking at the volume.  It is not heavy volume, and it hasn't been since the summer began.  I kind of felt we were going to have a "low volume, high volatility" summer, and well, I am being proven ... read more