There are more bulls than bears in this week's poll, many have moved to the neutral camp. Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Daily Dose of Optimism (+) Dash of Insight...

It might be one of the silliest stories I have read in a long time. On Friday, Allen Salkin of the New York Times wrote a piece entitled "You Try to Live on 500K in This Town" in which he argues that a family of four needs to earn around $1.6 million just to cover [...]

General Electric Co. (NYSE:GE) rose the most since at least 1980 as investors bet GE may be helped by the U.S. Treasury?s financial-rescue program and Chief Executive Officer Jeffrey Immelt?s plan to review the dividend later this year.  Long live Max Headroom, New Coke and A Flock of Seagulls. read more

Doesn't Wall Street abide by the rules as laid down by Blake, the sales manager played by Alec Baldwin who ran the monthly sales contest in "Glengarry Glen Ross"? Coffee, like bonuses, is for closers.  Huh Washington Mutual, Citigroup (NYSE:C), Bank of America (NYSE:BAC), Merrill Lynch, or others, thanks for taking our tax funds. read more

I?ve already devoted too much space to Nassim Taleb and his Black Swan nonsense. It?s a mystery as to why he?s considered such a visionary. But now people are claiming he?s one of the people who saw the financial crisis coming. I?ve read both of his awful books and he never made such a prediction. Taleb is a Johnny One-Note. He can talk about how people have trouble with risk. Fine, got it. But when we go to any other topic, he can?t deal. He always goes into his Napoleon Dynamite routine where he?s brilliant and everyone else is a ?freakin? idiot!? Notice in this clip when he?s asked what to do now and he has no clue. His answer is to fire Bernanke. Yep, that?ll solve things. Strip away the attitude and vindictiveness, and there?s nothing to him.

Investing in Pharmacueticals can be risky business.  read more