Author: Philip Davis

Not much in the news today but the futures are way off at 7am. I’m assuming that will, as usual change. They are already boosting the pound back to $1.66 and the Euro is at $1.452 but getting stronger and the Yen ran back...

While I don’t think it has much effect on the market except for possibly some pyschological issues, Vice President Joe Biden said that he expects legislation on the healthcare bill to come through by Thanksgiving. Further,...

For me, one of the most important indicators of where the market is headed is when there is not a lot of catalyst to give the market a sense of whether its bullish or bearish it still goes either up or down. That gives me a...

Is our economy really improving? At 2pm we get the Fed’s latest Beige book, an anecdotal view of the economy gathered through roughly the end of August. Most of the good data we’ve been “celebrating” in...

We’re playing catch-up on the global markets this morning. The Nikkei gapped up 100 points on Monday morning, right overthecritical 10,200 markandthe index hasgained another 100 points into this morning’s close so up...

The World Economic Forum in Geneva, Switzerland that combines 13,000 world business leaders took a poll about the country with the most competitive economy. The USA lost its top spot to Switzerland, which got the top spot...

The nice thing about decimation is it’s a fractioal way to die. The word decimation is derived from Latin and means “removal of a tenth.” The Romans would “decimate” their deserters as well as...