Today’s Wall Street Journal said eBay (Quote: EBAY) has signed a deal with Google (Quote: GOOG) to allow the internet search giant to display text ads on eBay’s (Quote: EBAY) non-US auction sites. The amusing thing here is eBay (Quote: EBAY) signed a similar deal with Yahoo! Inc. (Quote: YHOO) to allow Yahoo (Quote: YHOO) to display ads on eBay’s (Quote: EBAY) US sites. Meanwhile, Google (Quote: GOOG) and Yahoo (Quote: YHOO) are at each other’s neck vying for global internet search domination. The myriad of recent alliances are making me nauseous while wondering if they’re really worth it. Read the rest of this entry »

Again, this shows how our government is completely and utterly for corporations rather than for the best interest of the people. As in yesterday’s Wall Street Journal article, I think this is going to be a huge success for Barr Pharmaceuticals (Quote: BRL) and any of the big pharmas out there like Merck (Quote: MRK) or Sanofi-Aventis (Quote: SNY) who can quickly jump on the bandwagon, but at what price? I believe this is going to be a medical disaster 5 to 20 years down the road, but no one cares about that- not even the women who are taking these pills who would very likely get cancer and/or need major operations . Read the rest of this entry »

The long awaited “Uncle Ben” Fed Day finally happened yesterday. The FOMC (Federal Open Market Committee), or as Erin Burnett calls them- Federal Open Mouth Committee, kept short term interest rates at 5.25% along with a slightly dovish statement for the possibility of future rate hikes. I believe this was the best thing that could’ve happen for the market and trusted Uncle Ben Bernanke, being the smart guy that he is, to do see what I saw. This was what I hoped would happen, though I did not bet on the market as such. It was good I didn’t, as far as how yesterday’s session ended much lower after the FOMC release. Whether the market was confused by the dovish statement when it was expecting a hawkish statement, or whether everyone’s just afraid of a hard landing, I hope people come to their senses. Read the rest of this entry »