Posts Tagged: Crazy Times
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Bank Of America Stock Makes No Sense In Crazy Town

It seems to me that we have entered a whole new world of understanding events in the stock market; in the old world, there were events that might have seemed to have an anticipatable path of co-correlation or co-causation. Now there is just nonsense. One thing I can tell you is that Bank of America shares have been spiking upwards in volume (AGAIN) this morning-basically, people are (AGAIN) taking their gains and getting the hell out of there, in this case because it is insane that their stock is significantly up this morning on the PR spin of the news that they need a shitload of money. [...]