Author Archives: Tim Knight

AIG Reversal

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One of the most catastrophic drops to take place during the days of the financial crisis (sigh – – those were the days) was AIG International. Of course, the executives didn’t suffer for it –  they made hundreds of millions of dollars and were paid huge bonuses after their crimes were discovered, thanks to the US Government. Even so, the stock is a shadow of its former self, in spite of a struggle upward for the past eight years.

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My Beautiful Balloon

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As if Thursday couldn’t get any lamer……….

Last night, the ES and NQ both tumbled double digits (see yellow tint below) thanks to a brief case of the Hong Kong flu. It looked like it actually might be the first decent down day since President Benjamin Harris was in office. However, as federal law requires, this modest drop was totally destroyed (and then some) as highlighted by the green tint.

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