Iran Kidnaps Five More Bargaining Chips

Faced with increasing pressure over its nuclear program, Iran recently upped the ante by detaining five British sailors. Iran detains 5 British sailors, saying the racing yacht strayed into its waters Iranian authorities seized five British sailors after their racing yacht may have strayed into Iranian territorial waters, British authorities said Monday. The group was [...]

Weekly Watch List

BUCY BIDU MELI NEU PCLN ISRG SIRO GMCR TLVT BCSI ASIA AAPL WBD VRX BWY SHOO GOOG BVN AM Additions: AAPL AM GOOG TLVT VRX WBD Subtractions: ATW GES PWRD All the indexes were down or flat last week on low holiday volume. The Nasdaq slid 0.4%, the NYSE gave up 0.2%, the Dow backed [...]

The Chinese Garlic Bubble

China sees huge rise in garlic prices Garlic prices are hitting record highs in China, the world’s biggest producer of the pungent bulbs, amid reports of a speculative bubble in the market even as people rush to buy it as a putative cure for swine flu. The China Daily reported last week that a high [...]

We Report, You Decide

Methuen woman sees Jesus on bottom of her clothes iron There is one thing that Mary Jo Coady wants to make clear to anyone who hears about her, reads about her, or tries to dismiss her – she is not trying to convince anyone that the bottom of her steam iron truly carries the face [...]

Happy Thanksgiving!

/keep your turkey close, your football and adult beverages closer

Final Score: Honduras 1 Obama 0

Faced with the utter failure of yet another of his boneheaded, anti-American ally, foreign policy decisions, Obama finally gives up, waves his ever handy white flag, and surrenders to the good guys’ rule of law in Honduras. Honduras: Obama administration finally and completely abandons Zelaya The Obama administration’s wishy-washy attitude toward Honduran elections finally lands [...]

But Did They Read The Terrorist His Miranda Rights?

Navy SEALs Face Assault Charges for Capturing Most-Wanted Terrorist Navy SEALs have secretly captured one of the most wanted terrorists in Iraq — the alleged mastermind of the murder and mutilation of four Blackwater USA security guards in Fallujah in 2004. And three of the SEALs who captured him are now facing criminal charges, sources [...]

This Better Not Be True

Whispers of Surrender in Afghanistan? It comes to our attention that the MEMRI Blog highlights an article from the Saudi al-Watan in Arabic that – according to an Afghan source – the United States is talking to the Taliban seeking to trade control of 5 provinces in exchange for the cessation of attacks on US [...]

Weekly Watch List

NEU PCLN MELI BUCY BIDU GMCR SIRO ASIA ISRG ATW SHOO BVN BWY GES BCSI PWRD Additions: None Subtractions: CERN GOOG VRX Last week all the indexes, except for the Dow, were down. This negative action tacked on even for distribution days and pushed the IBD outlook over to “uptrend under pressure”. Stay defensive for [...]

One Step Closer To Socialized Medicine

Health Care Bill Moves Forward Sweeping health care legislation has cleared its first hurdle in the full Senate on a party-line vote. The 60-39 vote clears the way for a historic debate after Thanksgiving on the legislation. The measure is designed to extend coverage to an estimated 31 million Americans who lack it and crack [...]